The U.S. state of Florida entered an agreement on June 24, 2008 to purchase the U.S. Sugar Corporation, the largest manufacturer of cane sugar in the U.S., in an effort to restore the Everglades. Terms of the agreement stated that the purchase would be completed within 75 days, but that U.S. Sugar would be able to operate for another six years. After that, the state of Florida will retain ownership of U.S. Sugar's manufacturing facilities in Clewiston, Florida, and 187,000 acres of fields that have grown sugarcane since the 1960s will be allowed to return to their natural state.
Florida is going to buy the Sugar Corporation.