Formerly called 臺灣糖業有限公司 Industry Agriculture Founded 1946 | Traded as (1237.TW) Net income 78.29 billion TWD | |
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Taiwan sugar corporation
Taiwan Sugar Corporation (TSC; Chinese: 台灣糖業股份有限公司; pinyin: Táiwān Tángyè Gōngsī) or Taisugar (台糖; Táitáng) is a state-run enterprise of Taiwan, with headquarters in Tainan City.
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History
The corporation was established on May 1, 1946 by the Nationalist government after the handover of Taiwan from Japan to Republican China, by merging all of the sugar companies (Dai-Nihon, Taiwan, Meiji, and Ensuiko Sugar Company) during the Japanese era in Taiwan. In the 1950s and 1960s, sugar was one of the major exports of Taiwan; the corporation remains a major land owner today.
Taiwan's sugar trade, which flourished for almost 400 years, is now a sunset industry. The Taiwan Sugar Corporation has diversified its business into tourism, floriculture, biotechnology, and retailing. It also operates a chain of gas stations and invests in Taiwan High Speed Rail.
TSC sugar plants
Developments
Taiwan Sugar Corporation has five types of developments — Open Bid Construction, Joint Construction, Community Development, Sugar Factory Fields Development, and Student's Dormitory Development. It also owns the Taiwan Sugar Research Institute.
Land ownership
Taisugar owns 550 km2 of land in Taiwan — 370 km2 are for agricultural purpose and 120 km2 are for contract production.