Central Romana Corporation | |
Type: | Private |
Foundation: | 1912 |
Predecessor: | Gulf and Western Americas Corporation |
Location: | La Romana, Dominican Republic |
Industry: | Agriculture, tourism |
Owner: | Fanjul Corp. (35%) |
Central Romana Corporation, Ltd. is an agro-industrial and tourism company based in the Dominican Republic.[1]
Central Romana Corporation was established in 1912 as a subsidiary of South Puerto Rico Sugar Company.[2] In 1967, South Puerto Rico Sugar was acquired by Gulf and Western Industries, becoming part of its Gulf and Western Americas Corporation division.[3] In 1984, Gulf and Western Americas was sold to a group of investors including Carlos Morales Troncoso and the Fanjul brothers.[4]
In 2022, the government of the United States sanctioned Central Romana Corporation after concluding that the company had been using forced labor on its sugarcane fields. The company denied the allegations.[5]