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Beet growers enter first phase of deal to buy sugarbeet factory

Associated Press, Casper Star Tribune
November 07, 2001
 
WORLAND, Wyo. (AP) - The Washakie Beetgrowers Association has entered the first phase of an agreement to buy Imperial Sugar Co.'s Worland sugarbeet processing plant. "We had a very positive proposal to present to the growers," said Dick McKamey, association president.

The association has been negotiating a purchase deal with Imperial since the company announced it would no longer operate the factory.

To keep the factory open this year, the group leased the factory and hired Imperial Sugar to run it.

McKamey said he and accountant Steve Stine reached an agreement recently with Imperial's new CEO and president, Robert McLaughlin, in Sugar Land, Texas, where Imperial is based.

The board now must obtain a commitment from farmers to grow sugarbeets on a certain number of acres.

"We've got a lot of work to do and a short time to do it," McKamey said. "It's something that needs the support of the growers, the employees and the community."