#Alexander & Baldwin
Maui Senators React With Reserved Optimism
“We will do what we can to ensure that the impact on residents and businesses will be minimal and look for opportunities in the transition to a new diversified agriculture model.”
Gov. Ige: ‘A&B Has Played a Significant Role in the State’s Economy’
“This is a significant historic marker for Hawai‘i, the end of an era that touched the lives of generations of hardworking local families.”
Terez Amato: ‘Today Represents a New Start for Agriculture Here’
Terez Amato, a long-time cane-burning opponent who ran for the state senate seat representing South Maui in 2014, issued a statement about Alexander & Baldwin’s announcement that it is transitioning out of farming sugar and will instead pursue a diversified agricultural model.
Stopcaneburning.org: ‘Only a Court Order Can Fully Protect the Public’s Right to Clean Air’
With the announcement that A&B will be closing sugar operations before the end of 2016 due to a $30 million agricultural operations loss in 2015, Stop Cane Burning founder Karen Chun released the following statement. “We are happy that A&B now plans to adopt the substance of our settlement offer regarding the end of cane burning on […]
Rep. Ing: ‘The Writing Was On the Wall’
Rep. Kaniela Ing, who introduced a plan to transition away from cane burning without job loss during the 2016 legislative session, commented on today’s announcement about A&B. His South Maui constituents have been the most vocal regarding cane burning.
Sen. Schatz: ‘Sugar Production on Maui was More Than a Business’
“… it is essential that we work with Alexander & Baldwin in a coordinated effort to keep these extraordinary lands in active agriculture.”
Sen. Hirono: ‘Today’s Announcement Marks the End of an Era…’
Sen. Mazie K. Hirono commented on today’s announcement that Hawaiian Commercial & Sugar Company will end its sugar production operations by the end of 2016 and transition to a diversified agricultural model.
HC&S Receives Awards for Community Commitment
Hawaiian Commercial & Sugar Company was recently presented with two awards—the Community Business Award and Outstanding Employer of the Year in Maui County.
A&B Appoints Benjamin as CEO, Board Member
Alexander & Baldwin Inc. has appointed Christopher J. Benjamin to its board of directors, effective Jan. 1, 2016, coincident with his appointment as A&B’s chief executive officer.
Pā‘ia’s Plantation Past: Skill Village Properties
Maui’s historic Pā‘ia Town is located about eight miles east of Kahului Town and Kahului (OGG) Airport. Pā‘ia is a popular bohemian-style town on Maui’s North Shore, loved by both residents and visitors.
A&B Reports Second Quarter Net Income & Revenue
For the second quarter of 2015, Alexander & Baldwin Inc. reported a net income of $9.8 million, or $0.20 per diluted share; the second quarter of 2014 brought in $9.2 million, or $0.19 per diluted share. Revenue for the second quarter of 2015 was $153.7 million, compared to revenue of $146.7 million for the second quarter of last year.
A&B Promotes Christopher J. Benjamin to CEO
The Alexander & Baldwin Inc. Board of Directors has promoted Christopher J. Benjamin as its CEO effective Jan. 1, 2016. Benjamin is currently the president and COO of A&B and president of A&B Properties Inc., a wholly owned real estate subsidiary of A&B. Stanley M. Kuriyama will retire as CEO on Dec. 31, 2015, and will continue to serve as A&B’s executive chairman of the board.
Ask the Mayor: When Will Busy Vevau Street Be Repaired?
What are the plans for Vevau Street, a short, badly damaged road between two shopping centers and the library in Kahului?
Lowe’s to Purchase 11 Acres at Maui Business Park
It is one of two parcel sales totaling 13.4 acres that are under binding contract at the Business Park, according to A&B’s First Quarter Earnings report compiled for investors.
A&B Reports Fourth Quarter and 2014 Operating Results
Alexander & Baldwin (NYSE: ALEX) has announced $147.3 million in full-year operating profits for 2014, up from $101.4 million in 2013. Operating profit in 2014 was tallied at $91.1 million, compared with $64.7 million in 2013.
New Chair Elected for Hawai‘i Nature Conservancy
The Nature Conservancy of Hawai‘i has elected Christopher J. Benjamin, president and chief operating officer of Alexander & Baldwin Inc., as the new chair for its board of trustees.
Sale Closes on Parcel for Future Puʻunēnē Shopping Center, Target
The sale has closed on more than 24 acres of land in Kahului that is identified for development of the Puunene Shopping Center, and Maui’s first Target store, officials announced.
Donation to add Outriggers to Maui Canoe Club
A $1,000 donation check will be presented to the Maui Canoe Club during its annual Friends and Family Day event this Sunday.
Matson Receives Coast Guard’s Environmental Award
For the second time, the US Coast Guard has awarded Matson Navigation Company the 2012 Rear Admiral William M. Benkert Award for Environmental Excellence.
A&B Appoints Movis Jr. to VP
Alexander & Baldwin, Inc. today announced the appointment of George M. Morvis Jr. to the position of vice president, corporate development of the A&B Land Group. Morvis will oversee corporate development activities ranging from organic growth initiatives to potential business acquisitions and joint ventures.