It may be time to stock up on Sriracha.
Huy Fong Foods, the Irwindale-based company who has gained a cult-like following due to the popularity based around their Sriracha sauce, has filed a lawsuit against Camarillo based chili pepper producer Underwood Ranches.
In the late 80's, Owner of Underwood Ranches, Craig Underwood, reached out to Huy Fong's CEO David Tran and proposed providing Huy Fong with their jalapeño peppers for their hot sauces. Tran, whose business at the time was still in the early stages, accepted, and the rest is history. Since then, as Huy Fong has seen massive growth, all while Underwood Ranches has continued to be their go-to provider for chili peppers.
On Tuesday, Huy Fong moved forward with a lawsuit against Underwood Ranches, alleging they are refusing to pay over $1.4 million in overpayments in addition to alleging Underwood Ranches is refusing to return over $7 million of Huy Fong's equipment.
We speak for millions when saying we hope this is resolved as quickly and amicably as possible, as we really hope this lawsuit doesn’t result in a Sriracha shortage. To play it safe, you should probably go to your local grocery store and buy all the Sriracha you can find. Just in case.
Source: NBC LOS ANGELES
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