The Pampanga Sugar Development Company built the first Filipino-financed
sugar central in
Pampanga
Pampanga, officially the Province of Pampanga ( pam, Lalawigan ning Pampanga; tl, Lalawigan ng Pampanga ), is a province in the Central Luzon region of the Philippines. Lying on the northern shore of Manila Bay, Pampanga is bordered by Tarlac ...
,
Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no),
* bik, Republika kan Filipinas
* ceb, Republika sa Pilipinas
* cbk, República de Filipinas
* hil, Republ ...
. It was incorporated in April, 1918.
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
San Fernando may refer to:
People
*Ferdinand III of Castile (c. 1200–1252), called ''San Fernando'' (Spanish) or ''Saint Ferdinand'', King of Castile, León, and Galicia
Places Argentina
*San Fernando de la Buena Vista, city of Greater Buenos ...
, 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 at the administrative offices of Pasudeco. At that time, de Leon and Gonzalez were the two richest men in Pampanga and the biggest Pasudeco
shareholder
A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal own ...
s.
{{Philippine Registry of Cultural Property
Cultural Properties of the Philippines
Landmarks in the Philippines
Sugar companies
Companies based in Pampanga
Agriculture companies of the Philippines