Haitian American Sugar Company
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Haitian American Sugar Company
Haitian American Sugar Company, S.A. (HASCO) was an American business venture which sought to produce and sell sugar and other goods in Haiti and the United States. The company was registered with a capital of five million dollars on 5 August 1912 in Wilmington, Delaware, by Charles Steinheim, John A. Christie, and Franck Corpay.P. Schutt-Ainé, ''Haiti: A Basic Reference Book'', 44 Political unrest in Haiti Hasco's operation was threatened by political turmoil in Haiti in the years leading up to 1915. The danger to HASCO and other American business interests in Haiti was one of the factors which led to the U.S. Marine invasion of the country in 1915 and the continued U.S. occupation until 1934. Closure In 1987, the company closed, citing smuggling of sugar from the Dominican Republic which did not pay a government tax and made domestic sugar uncompetitive. At the time of the closing, Hasco was Haiti's second-largest employer with 3,500 workers at the Port-au-Prince refinery ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Agriculture Companies Of Haiti
Agriculture or farming is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities. The history of agriculture began thousands of years ago. After gathering wild grains beginning at least 105,000 years ago, nascent farmers began to plant them around 11,500 years ago. Sheep, goats, pigs and cattle were domesticated over 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. Industrial agriculture based on large-scale monoculture in the twentieth century came to dominate agricultural output, though about 2 billion people still depended on subsistence agriculture. The major agricultural products can be broadly grouped into foods, fibers, fuels, and raw materials (such as rubber). Food classes include cereals (grains), vegetables, fruits, cooking oils, meat, milk, egg ...
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