Hawaiian-Philippine Company or HPCO as it is commonly called today was founded in 1918 by corporate members of the Hawaiian Sugar Planters' Association who decided to erect a central in Silay, not just to minimize cost but provide locals with work too. Sugar cane planters from surrounding areas were contracted and grinding began January 15, 1921. It was established in 1918 and is currently owned by Jardine-Davis, a U.S. Company.