News Releases

October 26, 2000

Summary ToggleA&B 4th-Quarter 2000 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--Oct. 26, 2000--The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced a fourth-quarter 2000 dividend of 22.5 cents per share, payable on December 7, 2000 to shareholders of record as of the close of business on November 9, 2000.
October 19, 2000

Summary ToggleA&B 3rd Quarter Earnings Per Share 23-Percent Higher; Ocean Transportation, Property Transactions Lead Improvement

HONOLULU--(BUSINESS WIRE)--October 19, 2000--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its third quarter 2000 net income increased 16 percent to $21,354,000, and that its third quarter earnings per share increased 23 percent, to $0.53 per share, on fewer shares outstanding.
October 13, 2000

Summary ToggleMatson Adds Eighth Ship to Hawaii Service Fleet

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 13, 2000--In response to the strengthening Hawaii economy and the concurrent increase in market demand, Matson Navigation Company is adding capacity and increasing service frequency to its Hawaii Service. Effective Oct.
September 15, 2000

Summary ToggleMatson to Raise Fuel Surcharge By 1%

As a result of continued increases in fuel costs, Matson Navigation Company is raising its fuel surcharge by 1 percent in its Hawaii and Guam services, effective October 15, 2000. This will bring the total fuel surcharge to 4.25%. The fuel surcharge was filed with the Surface Transportation Board
September 13, 2000

Summary ToggleHC&S to Restructure Operations, Close Paia Mill

Low Sugar Prices, Effects of Continued Drought Call For Changes PUUNENE, Maui – Hawaiian Commercial & Sugar Company (HC&S) Plantation General Manager G. Stephen Holaday today announced a reorganization at HC&S. Meetings are being held with company employees to explain the
August 22, 2000

Summary ToggleA&B Moves Ahead with Additional Phase of Maui Business Park

$4 Million Infrastructure Construction Continues, Land Sold to Home Depot for Store KAHULUI, MAUI -- With $4 million of infrastructure improvements well underway at the 34-acre Phase IB of the Maui Business Park, A&B Properties, Inc. today announced the sale of a 12.7-acre parcel to Home Depot,
August 8, 2000

Summary ToggleA&B Invests in Ontario, Calif. Warehouse/Distribution Center

Third Purchase in Growing Industrial District, the West Inland Empire HONOLULU -- Alexander & Baldwin, Inc. (NASDAQ: ALEX) today purchased the Ontario Distribution Center in Ontario, Calif., announced A&B President and CEO W. Allen Doane. The Center consists of three warehouse buildings
August 2, 2000

Summary ToggleMatson Intermodal System Acquires Paragon Transportation Group

Matson Intermodal System has acquired Paragon Transportation Group, a diversified transportation services marketing company specializing in intermodal rail and over-the-road services. The company has a high level of expertise and market share in the shipment of California wines, canned foods, dried
July 20, 2000

Summary ToggleA&B 2nd Quarter 2000 Earnings Per Share Up 28%; Property Transactions, Ocean Transportation Led Improvement

HONOLULU--(BUSINESS WIRE)--July 20, 2000--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its second quarter 2000 net income increased 21 percent, to $28,243,000, and that its second quarter earnings per share increased 28 percent, to $0.69 per share, on fewer shares outstanding.
June 26, 2000

Summary ToggleA&B Adds Historic Judd Building To Hawaii Real Property Portfolio

Purchases Downtown Honolulu Office Building HONOLULU -- Alexander & Baldwin, Inc. (A&B) (NASDAQ: ALEX) today finalized the fee simple purchase of Downtown Honolulu's historic Judd Building, announced A&B President and CEO W. Allen Doane. The Judd Building is located at the corner of