Pampanga Sugar Development Company

The Pampanga Sugar Development Company built the first Filipino-financed sugar central in Pampanga, Philippines. It was established in 1921 by several local families in Pampanga.[1] It is the oldest running mill in the province.[2]

The Pasudeco Sugar Central was finished in March, 1921, to serve as a central purchasing and processing company for the surrounding sugar plantations. Financed by the Pampanga Sugar Development Company, it was constructed by the Honolulu Iron Works. Its existence became a catalyst for the exponential growth of San Fernando, the capital of the rich sugar-producing province of Pampanga.

On July 12, 1939, two of the founders, Jose de Leon and Augusto Gonzalez, as well as Constabulary Captain Julian Olivas, were gunned down[3] at the administrative offices of Pasudeco. At that time, de Leon and Gonzalez were the two richest men in Pampanga and the biggest Pasudeco shareholders.

References
  1. Orejas, Tonette (15 October 2001). "Diversificarion is the key to conglomerate's success". Philippine Daily Inquirer. Retrieved 20 February 2024.
  2. Orejas, Tonette (10 October 2001). "Withdrawal of Pasudeco sugar stocks questioned". Philippine Daily Inquirer. Retrieved 20 February 2024.
  3. "Crop Argument deadly to Three". Spokane Daily Chronicle. 12 July 1939. Retrieved 20 February 2024.
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