Central Romana Corporation
| 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
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 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
- ^ 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.
- ^ 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.
- ^ "Fanjul Corp Profile: Summary". OpenSecrets. Retrieved 2025-04-05.