Crosby's Molasses Explained

Crosby’s Molasses
Industry:Molasses
Predecessors:-->
Successors:-->
Founder:Lorenzo George Crosby
Hq Location City:Saint John, New Brunswick
Hq Location Country:Canada
Area Served:Atlantic Canada
Products:Molasses
Owners:-->

Crosby’s Molasses is a molasses importing and exporting company based in Atlantic Canada. Started in 1879 in Yarmouth, Nova Scotia, the company is now headquartered in Saint John, New Brunswick.[1]

In March 2023, Crosby’s received a $800,000 investment from the provincial and federal governments.[2]

History

Crosby’s, originally established in 1879 by Lorenzo George Crosby, began as a grocery business in Yarmouth, Nova Scotia. At the age of 20, Lorenzo ventured into the importing and exporting industry, where he exported fish and lumber to the West Indies. In return, he received barrels of valuable, fancy molasses, thus laying the foundation for Crosby’s Molasses. This molasses would be distributed to retail businesses across Eastern Canada.[3]

Lorenzo later moved in 1897 to Saint John, New Brunswick, where his business remains today.[4] Initially moving to Nelson street, he later relocated to what is now Rothesay Avenue in 1911 to allow for more space.

In 2021, Crosby’s Molasses partnered with a local newcomer centre to recruit immigrants to Saint John with a job.[5]

Notes and References

  1. Web site: Crosby's Molasses . mynewbrunswick.ca . 23 August 2018.
  2. Mar 17, 2023 . Government of New Brunswick . Investments aim to help Saint John company increase production . www2.gnb.ca . en.
  3. Web site: Sticky, sweet Crosby’s Molasses, a kitchen staple for 143 years . Atlantic Business Magazine.
  4. Web site: Crosby’s . www.cbj.ca . en-CA.
  5. Web site: Crosby Molasses and newcomers centre team up to connect immigrants with jobs . CBC.