CORCORAN Y CÍA. SPA and its headquarters are located in the city of Punta Arenas, capital of the province of Magallanes and the region of Magallanes and Chilean Antarctica. Founded on December 18, 1948, located on the Brunswick peninsula, on the continental shoreline of the Strait of Magellan, and a few miles from Cape Froward, the southernmost point of the continental landmass of the Americas.

​Punta Arenas is located strategically in the navigation path that connects the Atlantic and Pacific oceans through the Strait of Magellan; route that separates the Patagonia from Tierra del Fuego and is potentially an item of great influence on international trade. Its foundation, in 1948, represented the first act of Chilean sovereignty in a distant and inhospitable territory, but of great geopolitical and economic value.