Central Romana Corporation
Dominican agro-industrial and tourism company
 | |
| Company type | Private |
|---|---|
| Industry | Agriculture, tourism |
| Founded | 1912 |
| Headquarters | La Romana, Dominican Republic |
| Owner | Fanjul Corp. (35%) |
Central Romana Corporation, Ltd. is an agro-industrial and tourism company based in the Dominican Republic.[1]
History
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]
Controversies
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]
References
- ^ Estructura Corporativa, Central Romana Corporation, Ltd.
- ^ [1], Central Romana Corporation, Ltd.
- ^ "G. & W.'s Role in the Caribbean". The New York Times. June 24, 1975.
- ^ "Sugar Sale By G.&W". The New York Times. October 6, 1984. Retrieved 2023-06-15.
- ^ "Central Romana rechaza acusaciones de Estados Unidos sobre trabajo forzoso". diariolibre.com. Retrieved 2023-05-20.
