Sriracha battle heats up as hot sauce company, former pepper supplier head to court

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The producer of Sriracha hot sauce and its former longtime chili pepper supplier are headed to court, after accusing each other of more than $1 million in damages.

Gina Ferazzi / LA Times via Getty Images fileThe California-based producer of the popular Sriracha hot sauce and its former longtime chili pepper grower are preparing to head to court later this month, each accusing the other of more than $1 million in damages.filed suit against Underwood Ranches in California Superior Court in August 2017

Underwood has provided Huy Fong with its chili peppers for about 30 years, but the two sides could not reach an agreement for the 2017 harvest, court documents said. For about the last 10 years, Huy Fong and Underwood used a particular financing method, Underwood’s court documents said. The two companies would agree to a price-per-acre-of-peppers-grown before the season. Huy Fong would also reimburse Underwood for harvesting costs, the grower’s filings state.

Underwood planted 1,700 acres of peppers for Huy Fong in the 2016 season, the company’s court filings said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

jqpdxyo Uh oh

Time for me to stock-up!

May the Sauce be with you.

why does this sriracha sauce look like

You do not want one of these guys mad at you! *They will get Jalapeño face!!! folloback

Sounds like the battle is really heating up.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lyft drivers question company's future as a public companyCNN News, delivered. Select from our newsletters below and enter your email to subscribe. Trump is speaking on FOX... They would be better off spending their time learning how to damn well drive and park Lets not forget what happened when $SNAP went Public lol
Source: CNN - 🏆 4. / 95 Read more »