Imperial Sugar, Gulf Rice Arkansas enter agreement
May 20, 2008
by Eric Schroeder
SUGAR LAND, TEXAS — Imperial Sugar Co. announced it has entered into a sales agency agreement with Gulf Rice Arkansas L.L.C. under which Imperial will initiate new sales opportunities for Gulf Rice, a Houston-based domestic rice processing and marketing company.
As part of the agreement, Imperial said it will receive a portion of the net revenue Gulf Rice Arkansas receives stemming from the collaborative sales effort.
"The complementary nature of the rice and sugar sales channels makes this a natural fit for our food service customers, diversifies Imperial’s product portfolio and affords both companies strategic and financial benefits," said John Sheptor, president and chief executive officer of Imperial Sugar.