South Puerto Rico Sugar Company
Formerly | South Porto Rico Sugar Company (1900–1959) |
---|---|
Company type | Public |
Industry | Agriculture |
Founded | November 15, 1900 |
Defunct | 1967 |
Fate | Acquired by Gulf and Western Industries |
Successor | Gulf and Western Americas Corporation |
Headquarters | Jersey City, New Jersey, United States |
Subsidiaries | Central Romana By-Products Central Romana Corporation Guánica Agricultural Service Company Magdalena Development Corporation Okeelanta Sugar |
The South Puerto Rico Sugar Company was an American sugar refining company based in New Jersey.
History
[edit]The company was incorporated on November 15, 1900, as the South Porto Rico Sugar Company by German-American businessmen.[1]
In 1901, construction of the Central Guánica sugar mill began.
In 1908, South Porto Rico Sugar acquired Central Fortuna from the Compagnie des Sucreries de Porto Rico for $1,750,000. It was the biggest sugar estate transaction in Puerto Rico at the time.
In 1912, it established the Central Romana Corporation as a subsidiary.[2]
In 1959, South Porto Rico Sugar Company changed its name to South Puerto Rico Sugar Company.[3]
In 1964, South Puerto Rico Sugar Company acquired Okeelanta Sugar Refinery, Inc.[4]
In 1967, South Puerto Rico Sugar Company was acquired by Gulf and Western Industries, becoming part of its Gulf and Western Americas Corporation division.[5]
References
[edit]- ^ "Guanica Centrale". Retrieved 2024-07-11.
- ^ [1], Central Romana Corporation, Ltd.
- ^ "South Porto Rico Sugar". The New York Times. February 14, 1959. Retrieved 2024-07-11.
- ^ "2 SUGAR CONCERNS PLANNING MERGER; South Puerto Rico Seeking to Acquire Okeelanta". The New York Times. September 18, 1964. Retrieved 2024-07-10.
- ^ "G. & W.'s Role in the Caribbean". The New York Times. June 24, 1975.