Sweet Tree Holdings
Many maple product companies focus solely on syrup, but not Sweet Tree Holdings. “We have no intention of selling [just] syrup on the marketplace,” CFO Michael Argyelan says.
Based in Island Pond, Vt., Sweet Tree Holdings plans to develop a broad maple product line, ranging from syrups to beverages. The company, which is part of the portfolio of Wood Creek Capital Management LLC, has a history going back to 2013.
That year, Wood Creek’s managing director, Bob Saul, purchased the startup company’s first property. “The idea back then was to establish a maple producing company that could compete in the world marketplace against other world conglomerates,” Argyelan recalls, noting that the company purchased another 3,500 acres and a former Ethan Allen plant in Island Pond.