Las Palmas is a town that had promising beginnings due to the installation on the site of the Las Palmas sugar mill of the Hardy brothers. Thanks to this establishment, at the end of the 19th century the town became the first town to have an electrical power network in Argentina. The mill's bankruptcy process - which began in 1971 and ended with the auction of the properties in 1993 - meant the elimination of the main source of work in the town.