CL Enterprises

CL Enterprises is a holding company belonging to Inga Carus, heiress and chairman of Carus Chemical, and her husband, Peter Limberger.

CL Enterprises targets economically depressed Midwest communities. It has purchased multiple buildings throughout the Midwest, many of which they received TIF funding for, then let the buildings sit and deteriorate. Residents in La Salle and Ottawa, Illinois and Hillsdale, Michigan have complained about CL’s investments and business practices.

Subsidiaries under CL Enterprises include Alexander Chemical, Revv Aviation, CL Real Estate, Starved Rock Wood Products, and Tangled Roots farm to table franchise.

The Problem with CL Real Estate

By Tom Henson, WLPO, Starved Rock Media

Tom catches up on a subject that he first started covering years ago, and may be covering well into the future — CL Enterprise’s apparent disinterest in meeting its commitments in one part of the region while it falls all over itself to build in another. Tom’s take (not necessarily Steve’s Rock Media’s): CL Enterprises is far from visionary, and in fact it continues to look pretty manipulative and clueless.

MultiTrust Capital

Founded by Peter Limberger (husband of Inga Carus, chairman, Carus Chemical), MultiTrust Capital Partners (MT) is an investment firm started in Germany that partners with foreign investors in the U.S.A. to acquire Midwest farmland and other real estate and investments.

Peter Limberger
MutiTrust Capital: https://www.multitrustcapital.com/

US Farmland Increasingly Controlled by Foreign Investment

BY JOHNATHAN HETTINGER, INVESTIGATE MIDWEST

APRIL 22, 2022 – Foreign investment in U.S. cropland has nearly tripled in the past decade, according to U.S. Department of Agriculture (USDA) data.

The total cropland controlled by foreign interests in 2020 was 10.9 million acres, up from 4.1 million acres in 2010.

This increase has been largely driven by foreign-owned wind companies signing long-term leases on a large number of acres, according to the USDA. However, “the acres actually utilized by said companies are very few due to the small footprint of the wind towers erected on the land,” a USDA report said.

Foreign investors own more than just cropland. Overall, they own or lease nearly 37.6 million acres of agricultural land, including forests and pastures. That is an area slightly larger than the state of Illinois and makes up 2.9 percent of all privately held agricultural land in the U.S. This is up from a total of 24.2 million acres in 2010, according to the USDA.

Read more… https://civileats.com/2022/04/22/us-farmland-increasingly-controlled-by-foreign-investment/

US Farmland Increasingly Controlled by Foreign Investment
Don’t Be Fooled by Local Food and Craft Beer at Tangled Roots.

CL Real Estate

CL Real Estate https://cl-red.com/

CL Enterprises

https://cl-enterprises.com/

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