Ponce Candy Industries was a multi-national manufacturer of confectionery sweets based in Ponce, Puerto Rico, best known for its "Fiesta" brand of candy products. The company was founded in 1940 by Juan Eugenio Mayoral Renovales, Jorge Martín and Rafael Pou. It later expanded into Venezuela in 1946 as "Fiesta C.A.", and into Spain in 1965 as Fiesta Colombina S.L.U. The company's Ponce facility closed in 2002, but continued operating in Spain. The company's last remaining manufacturing plant in Spain became insolvent on 22 September 2014, and went into liquidation, seeking a buyer. The company's 1940s Art Deco building on PR-1 in Barrio Sabanetas in Ponce is now owned by Caribbean University who, in 2002 and in coordination with the Ponce Municipal Government, had plans to convert the facility into a candy museum.