Sweet Tree

Sweet Tree Holdings is a Vermont, United States, company that produces maple products from a sugarbush and processing facility in Island Pond.

The company was founded in 2013,[1] and the following year spent $700,000[2] to purchase a vacant building, formerly a furniture factory for Ethan Allen, in Island Pond.[3] Ahead of the 2015 sugaring season, the company purchased 7,000 acres of forest near Island Pond, at a cost of $5.5 million,[2] and installed over 90,000 taps.[4] During the company's first year producing syrup, it produced 35,000 gallons of syrup, which was stored on site while it worked to find and develop a market.[5]

By the 2016 season, Sweet Tree had installed 200,000 taps on 24,000 acres of land, though it continued to store its syrup.[1] It introduced a trademarked brand, Maple Guild, under which it planned to sell, in addition to pure syrup, value-added maple products such as waters, teas, and flavored syrups.[1] At full build-out, Sweet Tree plans to be the largest maple producer in the United States, with around 500,000 taps.[4]

References

  1. ^ a b c "Why Vt. maple producers are afraid of this company". The Boston Globe. April 18, 2016. Retrieved December 15, 2016.
  2. ^ a b "Sweet Deal: A Giant Sugaring Operation Banks on Maple". Seven Days. March 25, 2013. Retrieved December 15, 2016.
  3. ^ "New syrup company to occupy vacant Ethan Allen plant in Island Pond". Vermont Business Magazine. July 31, 2014. Retrieved December 15, 2016.
  4. ^ a b "Big companies find syrup in VT trees". Burlington Free Press. March 23, 2015. Retrieved December 15, 2016.
  5. ^ Rubenstein, Alexei (May 17, 2015). "Mega Maple". WCAX. Retrieved December 15, 2016.

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