Aside from kapeng barako or brewed coffee, Batangas is know for having a vast sugar cane plantation, especially in Nasugbu Batangas. Sugar is considered as a major industry, in which the municipality of Nasugbu ranked 2nd place after the Haciend Luisita in Tarlac.
Central Azucarera Deon Pedro is the current largest sugar producing company located in Nasugbu Batangas. It is able to provide the refined sugar requirements of traders and industrial cusotomers such as multinational food and beverage and pharmaceutical companies in Luzon.
The company is under the new name Roxas Holdings who was just recently reorganized towards new investment. The Roxas patriarch, Don Pedro Roxas is a Spanish who was once considered as one of the richest man in the Philippines in the 19th century. The company is now under the management of Antonio Roxas who is 65 years old.
After the Jesuits' departure 140 years later, vast haciendas of Nasugbu, Lian and Calatagan were leased by the King of Spain to Don Fernando de Araya, a Spaniard. Upon the expiration of the lease, the Nasugbu Estate was sold by the King to the Isaac family, the head of which was a Spanish mestizo.