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Pampanga Sugar Development Company

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Pasudeco Sugar Central

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. It is the oldest running mill in the province.

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 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.

The 30-meter-high 1964 Chimney 3 was transferred to Capital Town gate in July 2022. Chimneys 1 and 2 at 45.73 meter each, which were made from 1918 to 1922 will be rebuilt by Megaworld and relocated to Capital Mall. Capital Town is a 35.6 hectares (88 acres) development in San Fernando, Pampanga, standing in PASUDECO site. It features the 17-story Saint-Marcel Residences, with 361 "smart home" units - Chelsea Parkplace condominium named after Chelsea, New York

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.
  4. Orejas, Tonette (September 9, 2022). "'Missing' icon of Pampanga sugar economy surfaces". Philippine Daily Inquirer. Retrieved September 28, 2024.
  5. "Megaworld expands residential portfolio in Pampanga with new Parisian-inspired 'smart condo' in Capital Town". The Manila Times. October 22, 2024. Retrieved October 22, 2024.
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