How it started
History
The corporation was established on 1 May 1946 by the Nationalist government after the handover of Taiwan from Japan to the Republic of China, by merging all of the Japanese-era sugar companies (Dai-Nihon, Taiwan, Meiji, and Ensuiko Sugar Company) 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. It also has a number of significant overseas investments. In 2020 Taiwan Sugar Corporation announced plans to close its largest pig farm in Vietnam and instead invest NT$10.7 billion (US$369 million) in remodeling and improving its pig farms in Taiwan.
From Wikipedia’s article on Taiwan Sugar Corporation, shared under CC BY-SA 4.0.2