Loading AI tools
From Wikipedia, the free encyclopedia
The South Puerto Rico Sugar Company (SPRSCO) was a multinational corporation based in New York. Founded in 1900, it operated in Puerto Rico from 1901 and in the Dominican Republic from 1910.[1]
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 company was incorporated on November 15, 1900, as the South Porto Rico Sugar Company by German-American businessmen.[2]
In 1901, construction of the Central Guánica sugar mill began.[citation needed]
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.[3]
In 1959, South Porto Rico Sugar Company changed its name to South Puerto Rico Sugar Company.[4]
In 1964, South Puerto Rico Sugar Company acquired Okeelanta Sugar Refinery, Inc.[5]
In 1967, South Puerto Rico Sugar Company was acquired by Gulf and Western Industries, becoming part of its Gulf and Western Americas Corporation division.[6]
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.