South Puerto Rico Sugar Company | |
Former Name: | South Porto Rico Sugar Company (1900–1959) |
Type: | Public |
Fate: | Acquired by Gulf and Western Industries |
Foundation: | November 15, 1900 |
Defunct: | 1967 |
Successor: | Gulf and Western Americas Corporation |
Location: | Jersey City, New Jersey, United States |
Industry: | Agriculture |
Subsid: | 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.
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]