News Releases

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
June 22, 2000

Summary ToggleA&B 3rd-Quarter 2000 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--June 22, 2000--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX - news) today announced a third-quarter 2000 dividend of 22.5 cents per share, payable on September 7, 2000 to shareholders of record as of the close of business on August 3, 2000.
June 22, 2000

Summary ToggleA&B Sells Kahului, Maui Property For $18.2 Million

Costco Wholesale Membership Warehouse Is Located on Parcel HONOLULU--(BUSINESS WIRE)--June 22, 2000--Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX - news) today completed the sale of the fee simple interest in a 13-acre parcel of land in Kahului, Maui for $18.2 million, announced A&B President and
June 5, 2000

Summary ToggleAnthony V. Hong to Head Hawaiian Duragreen Operations

PU‘UNENE, MAUI – Anthony V. Hong has been appointed to the position of general manager of Hawaiian Duragreen, Inc., the Alexander & Baldwin, Inc. (NASDAQ:ALEX) subsidiary which will manufacture, on Maui, a premium composite panel board, using bagasse (cane fiber), a byproduct of A&B's
June 5, 2000

Summary ToggleAnthony V. Hong to Head Hawaiian Duragreen Operations

Named General Manager for Maui Composite Panel Board Plant PU‘UNENE, MAUI – Anthony V. Hong has been appointed to the position of general manager of Hawaiian Duragreen, Inc., the Alexander & Baldwin, Inc. (NASDAQ:ALEX) subsidiary which will manufacture, on Maui, a premium composite panel board,