Peter Paul Philippine Corporation was established in Barrio Pahinga, Candelaria, Quezon Province, making the company one of the corporate forerunners of a then young nation. The plant which was built in 46 days was founded for the purpose of manufacturing desiccated coconut to supply its then parent company, Peter Paul Inc. of Naugatuck, Connecticut, USA, makers of the famous Mounds and Almond Joy chocolate bars. High quality manufacturing standards were established to ensure the reliability and consistent quality of its desiccated coconut supply to the American parent corporation.