On April 29, 1931, automotive pioneer, industrialist, and philanthropist Charles Stewart Mott
transformed the bankrupt old Southern Sugar Company
into United States Sugar Corporation
, acquiring all its lands, sugar mill, and other assets.
Investing much of his
own capital, Mott
revived the company and convinced other investors and creditors that the dream of growing sugar in the rich muck soils around Lake Okeechobee was not only possible, but profitable.
had already earned a reputation as one of the top industrial executives and most astute businessmen in the United States.
had taken a small family business that produced wire bicycle wheels and parlayed it into major stock ownership of General Motors.
Although a successful businessman, he
maintained a keen interest in the land and farming, a throwback to his
farming ancestors who came to this country in 1645 and settled on the soil.
Charles Stewart Mott
, with a unique blend of experience, knowledge, and drive, was to lead U.S. Sugar Corporation
to its position as one of the country's most successful agricultural operations.
The industry pioneered by Charles Stewart Mott
was on the verge of dramatic growth.
Today the Company is primarily owned by its employees and charitable foundations set up by Mr. Mott -- The C.S. Mott Foundation and The Mott Children's Health Center.
As the vision of Charles Stewart Mott
continues to unfold, United States Sugar Corporation
is positioned to meet the challenges of the future with the strength of the past.