It is largest producer of sugar in the country and one of the largest sugar millers and refineries in Asia. Its core business is the production of integrated raw and refined sugar and engaging in engineering services.

VMC was founded by Don Miguel Ossorio and his wife Maria Paz Yangco, Claudio Ruiz de Luzuriaga, his brother Francisco Ossorio, and Shiras Jones. on May 7, 1919, also one of the first sugar mills established in the Philippines.

When it first opened in 1021, the mill had a capacity of 1,500 TCD (tons of sugarcane per day), and after World War II the company merged with the North Negros Sugar Company, another Don Miguel Ossorio company, and a plant was built with a capacity of nearly one million pounds a year. To date, the company has become one of Asia’s largest integrated raw and refined sugar producers and produces half of the country’s refined sugar needs.

On July 3, 2013, the SEC approved the company to engage into other industries aside from manufacturing sugar and allied products and engaging in engineering services. The company’s subsidiaries include Victorias Foods Corporation which is into sardines and meat products, Victorias Agricultural Land Corporation, Victorias Green Energy Corporation, Canetown Development Corporation, the 65-hectare Victorias Golf and Country Club, Inc., Victorias Quality Packaging Company, Inc., and Victorias Industrial Gases Corporation.

In addition, the company also owns other facilities including farms, piggery, a 180-kilometer railway system, a school, a shipping company and the Saint Joseph Hospital.

According to Wikipedia