Central Romana Corporation
 | An editor has performed a search and found that sufficient sources exist to establish the subject's notability. (January 2024) |
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| Company type | Private |
|---|---|
| Industry | Agriculture, tourism |
| Predecessor | Gulf and Western Americas Corporation |
| Founded | 1912 |
| Headquarters | La Romana, Dominican Republic |
| Owner | Fanjul Corp. (35%) |
| Website | https://centralromana.com.do/en |
Central Romana Corporation, Ltd. is an agro-industrial and tourism company based in the Dominican Republic.[1]
History
[edit]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
[edit]In 2022, the government of the United States sanctioned Central Romana Corporation after investigating the company and concluding that it had been using forced labor on its sugarcane fields.[5] The company denied the allegations.[6]
References
[edit]- ^ 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.
- ^ https://www.cbp.gov/newsroom/national-media-release/cbp-issues-withhold-release-order-central-romana-corporation
- ^ "Central Romana rechaza acusaciones de Estados Unidos sobre trabajo forzoso". diariolibre.com. Retrieved 2023-05-20.