#ML&P

The 2011 XTERRA World Championship makes a venue change this year, moving from the volcanic vistas of South Maui to the verdant terrain of the Kapalua Resort.

The old ML&P Cannery building in Kahului is in the process of being gutted. By noon today, just the bare bones of the structure were were left standing, at a place where pineapple on Maui once thrived as a leading industry.

Maui Land & Pineapple Company, Inc. reported a net loss of $2.5 million for the second quarter of 2011, but a net income of $10.0 million for the first six months 2011.

Maui Land & Pineapple Company has updated its management plan for the Puu Kukui Watershed Preserve through 2018.

Maui Land & Pineapple Company today announced that it has entered into an agreement for the sale of The Kapalua Bay Course and Maintenance Facility.  The $24.1 million agreement with TY Management Corporation of Hawaii is expected to close before the end of this month. In the interim, MLP will enter into a lease to […]

By Wendy Osher Maui’s economic picture is marked by an impressive tourism industry rebound, according to First Hawaiian Bank economic advisor and Hawaii Pacific University professor Dr. Leroy Laney, who was the featured speaker at the 36th Annual First Hawaiian Bank Economic Outlook Forum, held at the Maui Beach Hotel in Kahului on Thursday. [flashvideo […]

January 1, 2010 marks a new day for pineapple production on Maui, as a team that includes five former Maui Pineapple Company executives assume operations of Maui Land & Pineapple Company, Inc. The five join Ulupalakua Ranch’s Pardee Erdman in running the newly named Haliimaile Pineapple Company, Ltd. The new company will officially assumes operations […]

By Wendy Osher [youtube]http://www.youtube.com/watch?v=XSTAYat44SA[/youtube] A report filed Monday with the U.S. Securities and Exchange Commission shows doubts over future operations at Maui Land & Pineapple Company. The document detailed uncertainties in the company’s ability to continue after ceasing pineapple planting last week and laying off 208 employees by tomorrow, New Year’s Eve. The audit also […]

By Wendy Osher [youtube]http://www.youtube.com/watch?v=exGK5X7izr4[/youtube] After nearly 100 years in the pineapple business, Maui Land and Pineapple Co. harvested its last pineapples from fields in Haliimaile and Haiku on Wednesday, December 23, 2009. The company had announced plans earlier this year to lay off 285 workers and cease pineapple operations by December 31st. Another 133 employees […]

Many on Maui are calling it the end of an era as Maui Land and Pineapple Company pulls the plug on pineapple production.  An estimated 285 lay offs are planned by the end of the year in a move that was announced to workers Tuesday morning. After losing $115 million in agriculture over the past […]

After 97 years of operations, Maui Land & Pineapple Company announced today it will immediately stop planting pineapple and will cease pineapple operations by the end of the year.  The move is part of a structural change that is aimed at making ML&P more competitive, while improving operating efficiencies, and better positioning its Kapalua Resort […]

Maui Land and Pineapple Company (MLP) President and CEO Robert Webber today announced his plans to resign. The resignation is effective May 22.  Webber was appointed to the post in January of this year and was filing the vacancy created by the resignation of David Cole in November. Webber joined MLP in May of 2006 […]

Maui Land and Pineapple Company today announced the sale of its Plantation Course. The $50 million sale to TY Management is expected to close before the end of the month. Under the sale, Kapalua Plantation Golf, a subsidiary of MLP, will renew a two-year lease to operate the course on behalf of the new owner. […]

(Posted by Wendy OSHER © 2009) (Placeholder image courtesy:  The Ritz-Carlton Club and Residences at Kapalua Bay) Maui Land & Pineapple Company today announced that it concluded a financing agreement to complete construction of its joint venture project, The Ritz-Carlton Club and Residences at Kapalua Bay. The lead lender of the project, Lehman Brothers Holdings, […]