Todhunter International, Inc. produces and supplies rum, brandy, wine and spirits to other beverage alcohol manufacturers. In addition, the company produces, imports and markets premium branded spirits as well as bottles beverage alcohol and other beverages on a contract basis and under its own labels. Todhunter also produces vinegar and cooking wine. The company operates four production facilities in the U.S. and one in St. Croix, U.S. Virgin Islands, and purchases certain products for resale. Todhunter reports its results in four operating segments. The company produces and sells Bulk Alcohol Products, including rum, citrus brandy, citrus spirits, cane spirits and fortified citrus wine in the U.S. and internationally. Todhunter also purchases distilled products for resale, including grain alcohol, which is denatured and packaged and sold as industrial alcohol to hospitals, universities, fragrance producers and other manufacturers. The company is the largest supplier of bulk rum, citrus brandy and fortified citrus wine in the U.S. Todhunter sells its bulk alcohol products to over 40 producers of beverage alcohol in the U.S. and exports bulk alcohol products to about 20 foreign countries. The company's distilling operations produce a byproduct, which is sold as animal feed. Todhunter manufactures, imports, exports, and markets a variety of Premium Branded Spirits, including Cruzan Estate Rums, Cruzan Flavored Rums, Hine Cognac, Conch Republic Rum, Ron Carlos Rum and Antioqueno Aquardiente. The company's primary spirits brand is Cruzan Rum, which is the fourth-largest premium rum brand in the U.S. according to statistics published by Impact Databank and Adams Liquor Handbook, two leading spirits industry publications. Todhunter's Bottling Operations include contract bottling services and the production, bottling and marketing of distilled spirits under its own proprietary labels and under the private labels of retailers. Primary bottling operations are located in Florida and primarily serve customers in the Southeastern U.S. The company also produces and sells proprietary label products in the U.S. Virgin Islands. Finally, to complement its distilling, winery and bottling operations, Todhunter produces vinegar, vinegar stock, and cooking wine. The company sells vinegar and cooking wine to over 700 condiment manufacturers, food service distributors and major retailers in the U.S. and Canada. Sales to retailers are made under the company's proprietary labels and retailers' private labels.
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