Industrias Vassallo, Inc. is a "worldwide leader" in the manufacture and distribution of PVC injection moulded and extruded goods, and manufacturer and distributor of PVC pipes and accessories, related plastics products, and resin furniture. The company is located in Barrio Coto Laurel in Ponce, Puerto Rico. In 2004, the company had a workforce of 300 employees and revenues of $51M USD. Its president is Rafael Vassallo. Salvador Vassallo was the company's CEO and president until his death in 2007.
In 1962, the four grandsons of Vicente Vassallo Fiorimonte, an Italian immigrant who established a metal shop in Ponce, Puerto Rico, in 1898, began experimenting with making construction products from a promising new substance, polyvinyl chloride, or PVC. With an initial investment of $3,000, their decision to start manufacturing products with polyvinyl chloride lead to the creation of a purely Puerto Rican company that has subsequently been quite successful in the plastics industry.
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