News Releases

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 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 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 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,
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
May 18, 2000

Summary ToggleJames S. Andrasick Joins A&B as Chief Financial Officer

Former C. Brewer Executive Assumes Responsibilities June 1 HONOLULU--(BUSINESS WIRE)--May 18, 2000--Alexander & Baldwin, Inc. (A&B) (NASDAQ:ALEX - news) President and Chief Executive Officer W. Allen Doane today announced the appointment of James S. Andrasick to the position of senior vice
April 27, 2000

Summary ToggleA&B 2nd Quarter 2000 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--April 27, 2000--The Board of Directors of Alexander & Baldwin Inc. (Nasdaq:ALEX - news) today announced a second-quarter 2000 dividend of 22.5 cents per share, payable on June 1, 2000 to shareholders of record as of the close of business on May 8, 2000.
April 21, 2000

Summary ToggleMatson Adds Seventh Ship to Hawaii Service Fleet

SAN FRANCISCO--(BUSINESS WIRE)--April 21, 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 May 14, Matson will add a seventh vessel to
April 20, 2000

Summary ToggleA&B Reports First-Quarter 2000 Income

HONOLULU--(BUSINESS WIRE)--April 20, 2000--Alexander & Baldwin, Inc. (Nasdaq: ALEX - news ) today reported first-quarter 2000 net income of $26,431,000, or $0.63 per share, after an accounting change. The accounting change resulted in a one-time, non-cash increase to first-quarter 2000 earnings of