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Crosby's Molasses

Crosby's Molasses is an Atlantic Canadian molasses importing and exporting company founded in 1879.

Last updated August 25, 2026

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Overview

Crosby's Molasses is an Atlantic Canadian molasses importing and exporting company whose origins lie in a grocery and international trading business established by Lorenzo George Crosby in Yarmouth, Nova Scotia, in 1879. The enterprise developed from Crosby's early involvement in importing and exporting goods, including the shipment of fish and lumber to the West Indies. Rather than receiving only cash or conventional trade goods in return, Crosby obtained barrels of so-called fancy molasses, a product that became the foundation of the company's commercial identity and distribution business. The molasses was supplied to retail businesses across Eastern Canada, linking the company to the region's traditional grocery trade and to the maritime commercial networks that connected Atlantic Canada with the Caribbean and other overseas markets. The business therefore began not as a narrowly defined packaged-food brand, but as a trading and distribution operation in which molasses became its most recognizable product and enduring specialization. In 1897, Lorenzo Crosby moved the business from Yarmouth to Saint John, New Brunswick. The relocation placed the company in another important Atlantic Canadian port and established the city as the long-term base of the enterprise. Crosby's initially operated from Nelson Street before moving in 1911 to premises on what is now Rothesay Avenue, where additional space supported the company's activities. Saint John remains the company's headquarters. The brand's history reflects the role of port cities, regional wholesalers, and cross-border trade in the development of Canadian food businesses. Its product identity is centered on molasses, while its underlying business description continues to include importing and exporting. Publicly documented activities also show a connection to local workforce and immigration initiatives: in 2021, Crosby's partnered with a local newcomer centre to recruit immigrants to Saint John with a job. In March 2023, the company received an $800,000 investment from the provincial and federal governments. The available reference material does not identify the investment's detailed allocation, ownership structure, product portfolio beyond molasses, or current financial performance. Crosby's Molasses is therefore best characterized as a longstanding, regionally rooted Canadian food-trade company and molasses brand with historical ties to Atlantic commerce.

History

Crosby's Molasses traces its origins to 1879, when Lorenzo George Crosby established a grocery business in Yarmouth, Nova Scotia. At the age of 20, Crosby entered importing and exporting, shipping fish and lumber to the West Indies. The return trade included barrels of fancy molasses, and this product became the foundation of the company's later identity and commercial specialization. Crosby's molasses was distributed to retail businesses throughout Eastern Canada, making the enterprise part of the regional grocery and wholesale network. The company's early development was shaped by the maritime economy. Its first business connected Atlantic Canadian commodities with overseas markets, while molasses moved in the opposite direction into Canadian retail channels. This origin explains why Crosby's is described as both a molasses company and an importing and exporting business. Molasses was not simply added as a later packaged-food product; it emerged directly from the company's original trading relationships. In 1897, Lorenzo Crosby moved the business to Saint John, New Brunswick. The move transferred the company from Yarmouth to another major Atlantic port and established Saint John as its continuing home. The business first operated on Nelson Street. In 1911, it relocated to what is now Rothesay Avenue to obtain more space for its operations. Saint John remains the company's headquarters according to the available reference material. The documented modern history is limited but indicates continued regional engagement. In 2021, Crosby's Molasses worked with a local newcomer centre to recruit immigrants to Saint John with a job, connecting the company to local workforce development and newcomer integration. In March 2023, it received an $800,000 investment from the provincial and federal governments. The cited material does not provide the investment's specific program, spending plan, repayment terms, or effect on production capacity. Across its documented history, Crosby's has combined a recognizable molasses identity with the broader functions of a food importer, exporter, and distributor. Its significance is primarily regional: the brand is associated with Atlantic Canadian commerce, Saint John's port-based business history, and the distribution of molasses to Eastern Canadian retailers. No reliable source material supplied for this entry establishes a complete product range, detailed ownership history, executive roster, annual sales, or international consumer footprint, so those aspects remain undocumented here.

  • 2023

    Government investment

    [1]

    In March, Crosby's received an $800,000 investment from the provincial and federal governments.

  • 2021

    Newcomer recruitment partnership

    [1]

    Crosby's partnered with a local newcomer centre to recruit immigrants to Saint John with a job.

  • 1911

    Relocation to Rothesay Avenue

    [1]

    After initially operating on Nelson Street, the company moved to what is now Rothesay Avenue to obtain more space.

  • 1897

    Operations move to Saint John

    [1]

    Lorenzo Crosby moved the business from Yarmouth to Saint John, New Brunswick, establishing the city as its long-term base.

  • 1879

    Business established in Yarmouth

    [1]

    Lorenzo George Crosby established the business in Yarmouth, Nova Scotia, initially as a grocery and importing-exporting enterprise.

Products and positioning

A longstanding Atlantic Canadian molasses brand and food-trade company rooted in maritime importing, exporting, and regional retail distribution.

  • Food ingredient and sweetener

    Fancy molasses

    Fancy molasses was the product that gave Crosby's trading business its enduring identity. The company obtained barrels of molasses through its early West Indies trade and distributed the product to retail businesses across Eastern Canada. The supplied reference does not identify specific package sizes, formulations, current variants, or a launch date for an individual product line.

Brand decisions

  • 2023

    Acceptance of government investmentStrategy

    Background

    In March 2023, Crosby's received an $800,000 investment from the provincial and federal governments.

    Action taken

    The company accepted the government investment. The available source does not state whether the funds were earmarked for equipment, hiring, expansion, working capital, or another purpose.

    Aftermath

    The supplied material does not document the investment's subsequent operational or financial effects.

    Government investment. $800,000 investment received (March 2023)

Recent events

  • 2023

    Crosby's Molasses receives an $800,000 government investment[1]

    Other

    In March 2023, Crosby's received an $800,000 investment from the provincial and federal governments. The available reference does not specify the investment's detailed terms or allocation.

  • 2021

    Crosby's partners with a local newcomer centre to recruit immigrants to Saint John[1]

    Other

    Crosby's Molasses partnered with a local newcomer centre in an effort to recruit immigrants to Saint John with a job.

Sources1 sources

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