St. Lawrence Sugar
Although he had very limited education, J.W. McConnell was a principled and brilliant business visionary with a strong work ethic. Within a few years, he turned his savings into sizeable investments and in 1912 he gained majority control of St. Lawrence Sugar, a company founded in 1879 to compete with Montreal's Redpath Sugar refinery. The sugar refinery was struggling at the time McConnell stepped in but, renamed St. Lawrence Sugar Refineries, Limited he turned it into a very profitable business and would retain ownership for the rest of his life.
Read more about this topic: John Wilson McConnell
Famous quotes containing the word sugar:
“There is no sugar cane that is sweet at both ends.”
—Chinese proverb.