Central Romana Corporation

Last updated
Central Romana Corporation
Company type Private
Industry Agriculture, tourism
Predecessor Gulf and Western Americas Corporation
Founded1912
Headquarters La Romana, Dominican Republic
OwnerFanjul 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]

Contents

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 Corporation 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 investigating the company and concluding that it had been using forced labor on its sugarcane fields. [5] The company denied the allegations. [6]

In 2025, the Trump administration lifted the ban on Central Romana. The New York Times noted that, the Fanjul Corporation gave a million dollars to a PAC supporting Trump, as well as $413,000 to the RNC. [7] [8]

References

  1. Estructura Corporativa, Central Romana Corporation, Ltd.
  2. , Central Romana Corporation, Ltd.
  3. "G. & W.'s Role in the Caribbean". The New York Times. June 24, 1975.
  4. "Sugar Sale By G.&W". The New York Times. October 6, 1984. Retrieved 2023-06-15.
  5. https://www.cbp.gov/newsroom/national-media-release/cbp-issues-withhold-release-order-central-romana-corporation
  6. "Central Romana rechaza acusaciones de Estados Unidos sobre trabajo forzoso". diariolibre.com. Retrieved 2023-05-20.
  7. Swanson, Ana; Wagner, James (2025-03-19). "Trump Administration Quietly Lifted Ban on Dominican Sugar Company Over Forced Labor". The New York Times. ISSN   0362-4331. Archived from the original on 27 Mar 2025.
  8. "Fanjul Corp Profile: Summary". OpenSecrets . Retrieved 2025-04-05.