News Releases | Alexander & Baldwin

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Dec 4, 2003

Matson Integrated Logistics Completes Purchase of TransAmerica Transportation Services

CONCORD, CA – December 4, 2003 -- Matson Integrated Logistics (MIL) announced today that it has completed the asset purchase of TransAmerica Transportation Services, Inc. (TTS), a third party...
Nov 14, 2003

Matson to Increase 2004 Westbound Hawaii Service Rates by $125 Per Container

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 14, 2003--Matson Navigation Company, Inc. (Matson) announced today that it will raise its rates for the company's Hawaii service by $125 per westbound...
Oct 24, 2003

Nelson N.S. Chun New VP/General Counsel at Alexander & Baldwin, Inc.

HONOLULU--(BUSINESS WIRE)--Oct. 24, 2003--Nelson N.S. Chun has been named vice president and general counsel for Alexander & Baldwin, Inc. (Nasdaq:ALEX) (A&B), starting in November. In this...
Oct 23, 2003

A&B Reports 3rd Quarter 2003 Earnings of $21.7 Million; 3rd Quarter Results Up 22%

HONOLULU--(BUSINESS WIRE)--Oct. 23, 2003--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported third quarter 2003 net income of $21,700,000, or $0.52 per share. Net income in the third quarter...
Oct 23, 2003

A&B 4th Quarter 2003 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--Oct. 23, 2003--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a fourth quarter 2003 dividend of 22.5 cents per share, payable on...
Oct 16, 2003

Matson Intermodal System Renamed Matson Integrated Logistics; Name Change Reflects Growth, Expansion of Services

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 16, 2003--In recognition of the company's continued strong growth, a changing mix of business, and the introduction of new services, Matson Intermodal System...
Oct 15, 2003

A&B Buys New Colorado Shopping Center

Broadlands Marketplace is Broomfield Retail Complex

HONOLULU--(BUSINESS WIRE)--Oct. 15, 2003--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX - News), has acquired a newly constructed shopping center in...
Oct 3, 2003

Services for Pfeiffer Slated for San Francisco and Honolulu

HONOLULU – October 3, 2003 – Memorial services for Robert J. “Bobby” Pfeiffer, who passed away on September 26, at age 83, have been scheduled in both California and Hawaii. In San...
Oct 1, 2003

A&B Concludes Acquisition of Shinwa Hawaii Assets

HONOLULU--(BUSINESS WIRE)--Oct. 1, 2003--Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced that South Maui Development LLC, a wholly-owned A&B affiliate, together with an affiliate of GolfBC...
Sep 27, 2003

OBIT/A&B Chairman Emeritus Robert J. 'Bobby' Pfeiffer Dies; Served Alexander & Baldwin, Inc. and Matson Navigation Company for 38 Years

HONOLULU--(BUSINESS WIRE)--Sept. 27, 2003--Alexander & Baldwin, Inc. (NASDAQ:ALEX) Chairman Emeritus Robert J. "Bobby" Pfeiffer passed away yesterday, at age 83, at his home in Orinda, Calif.,...
Sep 12, 2003

Statement by HC&S General Manager G. Stephen Holaday Regarding DOH Notice of Violation HC&S Self-Reports; Receives Notice of Violation from the DOH

Company Will Contest Proposed Penalty

PU'UNENE, Hawaii, Sep 12, 2003 (BUSINESS WIRE) -- Hawaiian Commercial & Sugar Company (HC&S), a division of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has received a Notice of Violation (NOV) from...
Sep 9, 2003

Track the Progress of the Manukai on its Delivery Voyage

Matson Navigation Company's new MV Manukai has commenced with its delivery voyage and is currently traveling from the U.S. East Coast to the West Coast, via the Panama Canal. The ship will then...
Sep 4, 2003

Matson Navigation and Matson Intermodal Honored with 2003 Quest for Quality Awards

SAN FRANCISCO – September 4, 2003 -- Matson Navigation Company, Inc. (Matson) and Matson Intermodal System, Inc. (Matson Intermodal) were both honored this year with Logistics Management...
Sep 4, 2003

A&B Adds Utah Commercial Property; Purchase is Company's First in Utah

HONOLULU--(BUSINESS WIRE)--Sept. 4, 2003--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has acquired a three-building industrial complex in Salt Lake...
Sep 3, 2003

Matson to Increase Fuel Surcharge by 1 Percent

SAN FRANCISCO – September 3, 2003 -- Due to dramatic increases in fuel prices, Matson Navigation Company, Inc. (Matson) today announced that it is raising its fuel surcharge from 6.5 to 7.5...
Aug 20, 2003

Coverage of A&B Added by Caris & Company; ALEX Research Initiated by Analyst Nicholas Aberle

HONOLULU--(BUSINESS WIRE)--Aug. 20, 2003--Alexander & Baldwin, Inc. (Nasdaq:ALEX) welcomes new research coverage of its stock by Caris & Company. Caris' analyst, Nicholas Aberle, began coverage of...
Aug 1, 2003

A&B Invests in West Maui Retail Center: the Napili Plaza

HONOLULU--(BUSINESS WIRE)--Aug. 1, 2003--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has purchased the Napili Plaza from Maui Land & Pineapple Co.,...
Jul 24, 2003

A&B Reports 2nd Quarter 2003 Earnings of $23.2 Million; Strong Improvement Over 2002 Continued

HONOLULU, Jul 24, 2003 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported second quarter 2003 net income of $23,200,000, or $0.56 per share. Net income in the second quarter...
Jul 22, 2003

A&B to Acquire Shinwa Hawaii Assets; Underscores Continuing Commitment to Hawaii

HONOLULU--(BUSINESS WIRE)--July 21, 2003--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced that a wholly-owned A&B affiliate, South Maui Development LLC, has entered into a contract for the...
Jul 21, 2003

Andrasick Named President and CEO of Matson

Other Senior Positions Realigned

HONOLULU--(BUSINESS WIRE)--July 19, 2003--The appointment of James S. Andrasick as president and chief executive officer of Matson Navigation Company, Inc., the largest subsidiary of Alexander &...
Jul 12, 2003

New Matson Containership MV Manukai Christened in Philadelphia

PHILADELPHIA – July 12, 2003 -- Matson Navigation Company, Inc.'s (Matson) new containership MV Manukai was christened today by Mrs. Margaret Inouye, wife of Senator Daniel K. Inouye of Hawaii,...
Jun 26, 2003

A&B 3rd-Quarter 2003 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--June 26, 2003--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a third-quarter 2003 dividend of 22.5 cents per share, payable on Sept....
Jun 16, 2003

A&B Sells Reno Shopping Center; Airport Square Shopping Center Sold for $23.5 Million

HONOLULU--(BUSINESS WIRE)--June 16, 2003--A subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX) today completed the sale of Airport Square, a Reno, Nev. shopping center, for $23.5 million....
May 20, 2003

New Agreements Reached with Offshore Unions; Matson to Proceed with Purchase of KPSI Vessels

SAN FRANCISCO – May 20, 2003 -- Matson Navigation Company has reached agreements with its offshore unions that will allow the company to proceed with the purchase of the two new containerships...
May 19, 2003

ABS Certifies First US Flag Container Vessel Company To Safety, Quality and Environmental Management Standards

(Houston, TX---) Matson Navigation Company, one of the leading US domestic ocean carriers, has achieved certification of its combined Safety, Quality and Environmental Management Systems (SQE) to...
May 1, 2003

Nakamura Promoted to Assistant General Counsel for A&B

HONOLULU – (May 1, 2003) – Alyson J. Nakamura has been promoted to assistant general counsel at Alexander & Baldwin, Inc. (NASDAQ: ALEX), effective May 1, 2003 announced A&B President and...
Apr 25, 2003

Ron Forest Promoted to Senior Vice President of Matson Navigation Company

SAN FRANCISCO--(BUSINESS WIRE)--April 25, 2003--Ronald J. Forest has been promoted to senior vice president of Matson Navigation Company, Inc. (Matson). The appointment was approved yesterday by...
Apr 24, 2003

Jeffrey N. Watanabe Joins Board of Alexander & Baldwin, Inc.

HONOLULU, Apr 24, 2003 (BUSINESS WIRE) -- Jeffrey N. Watanabe, a prominent Honolulu attorney with an extensive record of public service, was today elected to the board of directors by the...
Apr 24, 2003

A&B 2nd-Quarter 2003 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--April 24, 2003--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a second-quarter 2003 dividend of 22.5 cents per share, payable on June...
Apr 24, 2003

Benjamin Promoted to Vice President, Corporate Development and Planning for A&B

HONOLULU, Apr 24, 2003 (BUSINESS WIRE) -- Christopher J. Benjamin has been promoted to vice president, corporate development and planning at Alexander & Baldwin, Inc. (Nasdaq:ALEX), effective...
Apr 23, 2003

Matson Decreases Fuel Surcharge to 6.5 Percent, A One Point Reduction

SAN FRANCISCO, Apr 23, 2003 (BUSINESS WIRE) -- With the current downward trend in fuel prices, Matson Navigation Company, Inc. (Matson) announced today that it is reducing its fuel surcharge by...
Apr 23, 2003

A&B Properties Joins the MacNaughton and Kobayashi Groups to Develop Hokua; Combined Talent Will Quickly Move Project Forward

HONOLULU, Apr 23, 2003 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has signed a letter of intent with MK Management, LLC, formed...
Apr 22, 2003

A&B Reports 1st Quarter 2003 Earnings Per Share of $0.43

HONOLULU, Apr 22, 2003 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its net income for the first quarter of 2003 was $17,600,000, or $0.43 per basic share. Net...
Apr 2, 2003

A&B Adds to Southern California Investment Portfolio

HONOLULU, Apr 2, 2003 (BUSINESS WIRE) -- A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has purchased a two-story commercial building in Valencia,...
Mar 27, 2003

A&B Continues Hawaii Expansion, Acquires 1100 Alakea Building; 31-Story Office Tower in Downtown Honolulu

HONOLULU, Mar 27, 2003 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) has acquired, through its real estate subsidiary, A&B Properties, Inc., a 31-story office tower in downtown...
Mar 25, 2003

A&B Properties Completes Maui Land Sale

HONOLULU, Mar 25, 2003 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) announced that its real estate subsidiary, A&B Properties, Inc., closed today the sale, for about $9.2 million, of...
Mar 19, 2003

A&B Buys Retail Center in Austin, Texas

HONOLULU, Mar 19, 2003 (BUSINESS WIRE) -- Following last year's sale of several Mainland shopping centers from its income property portfolio, Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX) has...
Feb 14, 2003

Dramatic Increases in Fuel Costs Prompt Matson to Raise Surcharge

SAN FRANCISCO, Feb 14, 2003 (BUSINESS WIRE) -- Due to dramatic increases in fuel prices, Matson Navigation Company, Inc. (Matson) today announced that it is raising its fuel surcharge from 6 to...
Jan 28, 2003

A&B Properties, Inc. Enters Joint Venture to Develop Office Building in Southern California

HONOLULU--(BUSINESS WIRE)--Jan. 28, 2003--A&B Properties, Inc., the real estate development and management subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX), has entered into a joint...
Jan 23, 2003

A&B 1st-Quarter 2003 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--Jan. 23, 2003--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a first-quarter 2003 dividend of 22.5 cents per share, payable on March...
Jan 23, 2003

A&B Reports 2002 Earnings Per Share of $1.42

HONOLULU--(BUSINESS WIRE)--Jan. 23, 2003--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its net income for full-year 2002 was $58,156,000, or $1.42 per basic share. For 2001, the...
Dec 27, 2002

A&B Buys Business Center in Nevada, Sells One in California; Transactions Cap Active Year for Real Property Portfolio

HONOLULU--(BUSINESS WIRE)--Dec. 27, 2002--Alexander & Baldwin, Inc. (NASDAQ: ALEX) completed an active year of investment activity for its income property portfolio with the purchase of a...
Dec 18, 2002

A&B Sells Southern California Shopping Center; Moulton Plaza Shopping Center Brings $20.5 Million

HONOLULU--(BUSINESS WIRE)--Dec. 18, 2002--A subsidiary of Alexander & Baldwin, Inc. (A&B) (NASDAQ: ALEX) yesterday completed the sale of Moulton Plaza, a shopping center in the Laguna Hills...
Dec 16, 2002

Board Extends, Increases Stock Repurchase Authorization; Replaces Expiring Authorization

HONOLULU--(BUSINESS WIRE)--Dec. 16, 2002--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced that its board of directors renewed an outstanding authorization for repurchase of its common...
Nov 26, 2002

Matson to Implement Terminal Handling Charge in its Pacific Coast -- Hawaii Service in January 2003

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 26, 2002--Matson Navigation Company, Inc. (Matson) is implementing a terminal handling charge in its Pacific Coast -- Hawaii service, effective January 12,...
Oct 24, 2002

A&B 4th-Quarter 2002 Dividend Authorized

HONOLULU, Oct 24, 2002 (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced a fourth-quarter 2002 dividend of 22.5 cents per share, payable on...
Oct 23, 2002

A&B Reports 3rd Quarter 2002 Earnings of $17.8 Million; Quarterly Results Ahead of 2001

HONOLULU, Oct 23, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) today reported third quarter 2002 net income of $17,825,000, or $0.43 per basic share. Net income in the third...
Oct 7, 2002

Ongoing Increases in Fuel Costs Prompt Matson to Raise Surcharge

SAN FRANCISCO, Oct 7, 2002 (BUSINESS WIRE) -- Due to ongoing and rapid increases in fuel prices, Matson Navigation Company, Inc. (Matson) today announced that it is increasing its fuel surcharge...
Oct 5, 2002

Exemption Granted for Hawaii Cargo Operations on the West Coast; Matson Resumes Hawaii Service

SAN FRANCISCO, Oct 5, 2002 (BUSINESS WIRE) -- The Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) agreed last night to exempt all Hawaii cargo from...
Sep 29, 2002

Matson's Operations Disrupted

HONOLULU, Sep 29, 2002 (BUSINESS WIRE) -- The Matson news release below provides information on the operating impact of the current shutdown of West Coast ports. A shutdown of a few days is not...
Jul 17, 2002

A&B Reports 2nd Quarter 2002 Earnings of $13.2 Million; Quarter-To-Quarter Improvement in 2002

HONOLULU, Jul 17, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported second quarter 2002 net income of $13,197,000, or $0.32 per share. Net income in the second quarter...
Jul 1, 2002

A&B Realigns Senior Positions At Matson

HONOLULU, Jul 1, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a series of management changes at its largest subsidiary, Matson Navigation Company, Inc. The...
Jun 27, 2002

A&B 3rd-Quarter 2002 Dividend Authorized

HONOLULU, Jun 27, 2002 (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a third-quarter 2002 dividend of 22.5 cents per share, payable on...
Jun 18, 2002

A&B Completes Purchase of Mililani Shopping Center

HONOLULU, Jun 18, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) and two of its real estate subsidiaries, including A&B Properties, Inc., today completed the purchase of the...
Jun 13, 2002

A&B Buys Mililani Shopping Center; A&B Properties Acquires Oahu Retail Center From Morita Company

HONOLULU--(BUSINESS WIRE)--June 13, 2002--A&B Properties, Inc., the real estate subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX), has entered into an agreement to acquire the Mililani...
May 29, 2002

Matson Inks Contract with Kvaerner for Two New Containerships

PHILADELPHIA, May 29, 2002 (BUSINESS WIRE) -- Matson Navigation Company, Inc.'s (Matson) (Nasdaq:ALEX) today signed a contract with Kvaerner Philadelphia Shipyard Inc. (KPSI) for the purchase of...
May 29, 2002

A&B's Matson to Invest $220 Million in New Ships For Its Hawaii Service; Company Will Tap Existing $170 Million Capital Construction Fund

HONOLULU, May 29, 2002 (BUSINESS WIRE) -- As expected, Matson Navigation Company, Inc., the ocean transportation subsidiary of Alexander & Baldwin, Inc. (NASDAQ:ALEX), today signed a contract to...
May 21, 2002

A&B Buys Retail Center in Long Beach, California; Marina Shores Shopping Center is 7th A&B Property in Southern California

HONOLULU, May 21, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX) continues to expand its income property portfolio with the purchase of the Marina Shores retail center in...
May 3, 2002

A&B Sells Colorado Shopping Center; Wheeler Square Associates, Inc. is Buyer of Market Square

HONOLULU, May 3, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) subsidiaries today completed the sale of Market Square Shopping Center in Greeley, Colorado to Wheeler Square...
Apr 25, 2002

Andrasick Now Executive Vice President of Alexander & Baldwin, Inc.

ANDRASICK NOW EXECUTIVE VICE PRESIDENT OF ALEXANDER & BALDWIN, INC. Promotion Recognizes Responsibilities, Contributions to Company

HONOLULU, HAWAII, April 25, 2002 – James S. Andrasick has been promoted to executive vice president of Alexander & Baldwin, Inc. (NASDAQ: ALEX), announced A&B President and Chief Executive...
Apr 25, 2002

A&B 2nd-Quarter 2002 Dividend Authorized

HONOLULU, Apr 25, 2002 (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a second-quarter 2002 dividend of 22.5 cents per share, payable on June...
Apr 25, 2002

A&B Accelerates Kukui'Ula Development, Secures JV Partner; DMB Associates Brings Capital, Experience to This Kauai Project

HONOLULU, Apr 25, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) announced today that it will accelerate the development of Kukui'Ula, its 1,045-acre project in the Poipu Resort...
Apr 17, 2002

A&B Reports 1st Quarter 2002 Earnings of $9.8 Million; Hawaii's Improving Outlook Not Yet Reflected In Results

HONOLULU, Apr 17, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported first quarter 2002 net income of $9,807,000, or $0.24 per share. In the first quarter of 2001, the...
Apr 1, 2002

Sea Star to Acquire NPR Assets; Agreement Underscores Carrier's Long-Term Commitment to Puerto Rico Trade

JACKSONVILLE, Fla.--(BUSINESS WIRE)--April 1, 2002--Sea Star Line, LLC (Sea Star) announced today that it has reached an agreement to acquire the assets of Navieras/NPR, Inc. (NPR) and of certain...
Mar 15, 2002

A&B Updates, Adds Features to Its Internet Site

HONOLULU, Mar 15, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) has updated information and added analytical features to its Internet site, www.alexanderbaldwin.com. The 2001...
Mar 1, 2002

Matson Holds General Rate Increase to Lowest in Three Years

SAN FRANCISCO--(BUSINESS WIRE)--March 1, 2002--Matson Navigation Company, Inc. (Matson) has filed a 2.75 percent general rate increase in its U.S. Pacific Coast -- Hawaii Service, effective April...
Feb 25, 2002

Matson Intermodal Introduces Online Shipment Tracking Capabilities

OAKBROOK TERRACE, Ill.--(BUSINESS WIRE)--Feb. 25, 2002--Matson Intermodal System, Inc. (Matson Intermodal) has introduced new online shipment tracking capabilities at www.matson.com. The features...
Feb 19, 2002

A&B Sells Texas Industrial Portfolio; ProLogis Trust is Buyer of Seven-Building Distribution Complex

HONOLULU, Feb 19, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) and its real property estate subsidiary, A&B Properties, Inc. (ABP), today completed the sale of a seven-building...
Feb 4, 2002

Matson Strengthens Sea Star Alliance With Sale of Two Ships

SAN FRANCISCO, Feb 4, 2002 (BUSINESS WIRE) -- Matson Navigation Company, Inc. (Matson) has completed the sale of two combination roll-on, roll-off/lift-on, lift-off containerships to Sea Star...
Jan 24, 2002

A&B 1st-Quarter 2002 Dividend Authorized

Honolulu (January 24, 2002) -- The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced a first-quarter 2002 dividend of 22.5 cents per share, payable on March 7, 2002 to...
Jan 24, 2002

A&B Reports 2001 Earnings Per Share of $2.73; Sale of BancWest Stock Boosts 4th Quarter & Year

HONOLULU, Jan 24, 2002 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that its net income for all of 2001 was $110,628,000, or $2.73 in basic earnings per share....
Dec 20, 2001

A&B Earnings Outlook

HONOLULU, Dec 20, 2001 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today indicated that the Company's expectation for its financial performance in the fiscal fourth quarter, ending...
Dec 5, 2001

Sugar in the Raw Now Grown in Maui, Hawaii

HC&S exclusive supplier of turbinado sugar for Sugar in the Raw product line

PUUNENE – Sugar in the Raw, the leading brand of turbinado sugar sold in the United States, has changed its packaging to promote its new source of natural cane sugar – Maui, Hawaii. The...
Nov 20, 2001

Matson Decreases Fuel Surcharge to 3.25 Percent, a One Point Reduction

SAN FRANCISCO, Nov 20, 2001 (BUSINESS WIRE) -- As a result of current lower fuel prices, Matson Navigation Company, Inc. (Matson) announced today that it is reducing its fuel surcharge by one...
Nov 16, 2001

Fuji Photo Film Hawaii Buys Lot at A&B’S Mill Town Business Center

Will build new marketing, photo processing, and distribution center on three-acre lot in Waipahu

HONOLULU – A&B Properties, Inc., the real estate development and management subsidiary of Alexander & Baldwin, Inc. (A&B) (NASDAQ: ALEX), has completed the sale of a three-acre lot at A&B's Mill...
Nov 7, 2001

Matson Revises Hawaii Service Vessel Schedule

SAN FRANCISCO, Nov 7, 2001 (BUSINESS WIRE) -- In response to the recent economic downturn, Matson Navigation Company, Inc. (Matson) is reducing its Hawaii Service fleet from eight to seven ships,...
Nov 5, 2001

A&B Properties Buys Waikiki Property, Plans Residential Development; Investment in Long-Vacant Parcel Will Help Revitalize Waikiki

HONOLULU--(BUSINESS WIRE)--Nov. 5, 2001--A&B Properties, Inc., the real estate development subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX), has purchased a prime piece of Waikiki real...
Oct 25, 2001

A&B 4th-Quarter 2001 Dividend Authorized

HONOLULU, Oct 25, 2001) (BUSINESS WIRE) -- The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a fourth-quarter 2001 dividend of 22.5 cents per share, payable on...
Oct 17, 2001

A&B Reports 3Rd Quarter Earnings Per Share of $0.42; As Expected, Third Quarter Had Fewer Property Sales

HONOLULU, Oct 17, 2001 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported third quarter 2001 net income of $17,312,000, or $0.42 per share. Net income in the third quarter...
Oct 8, 2001

A&B Properties, Kamuela Associates Form Joint Venture to Develop HoloHolo Ku Residential Project On Big Island

HONOLULU--(BUSINESS WIRE)--Oct. 8, 2001--A&B Properties, Inc., the real estate development subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX), has entered into a joint venture partnership...
Sep 19, 2001

A&B Properties, Armstrong Enter Joint Venture to Develop New Residential Project At Ko Olina

HONOLULU--(BUSINESS WIRE)--Sept. 19, 2001--A&B Properties, Inc., the real estate development and management subsidiary of Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX), and Armstrong Builders,...
Aug 28, 2001

Matson Intermodal Ranked Number One IMC in Logistics Magazine's Annual Quest for Quality Survey

SAN FRANCISCO--(BUSINESS WIRE)--Aug. 28, 2001--Matson Intermodal System, Inc. (Matson Intermodal) was ranked as the number one intermodal marketing company (IMC) in Logistics magazine's 18th...
Jul 18, 2001

A&B Reports 2nd Quarter 2001 Earnings of $24.5 Million; Property Acquisitions, Sale of Pacific Century Stock Highlight Quarter

HONOLULU--(BUSINESS WIRE)--July 18, 2001--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported second quarter 2001 net income of $24,514,000, or $0.61 per share. Net income in the second quarter...
Jun 28, 2001

A&B 3rd-quarter 2001 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--June 28, 2001--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a third-quarter 2001 dividend of 22.5 cents per share, payable on...
Jun 8, 2001

A&B Comments On Near-Term Earnings, Factors in Outlook

HONOLULU, Jun 8, 2001 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) today indicated that the Company's current expectation for its per-share earnings in the second quarter, ending...
Jun 7, 2001

A&B Buys Shopping Centers in Hawaii and Arizona; Purchase of Kaneohe Bay Shopping Center Marks Entry Into Oahu Retail Arena

HONOLULU, Jun 7, 2001 (BUSINESS WIRE) -- Alexander & Baldwin, Inc. (A&B) (Nasdaq:ALEX) continues to expand its real estate portfolio with the agreement to purchase two neighborhood shopping...
Jun 5, 2001

A&B Properties Commences Port Allen Marina Center

Unlimited Construction Awarded Multi-Million Dollar Contract

KAUAI -- A&B Properties, Inc. (ABP), a subsidiary of Alexander & Baldwin, Inc. (NASDAQ: ALEX), will begin construction this summer of its Port Allen Marina Center, a two-story 32,000 square-foot...
Apr 26, 2001

A&B 2nd-Quarter 2001 Dividend Authorized

HONOLULU--(BUSINESS WIRE)--April 26, 2001--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a second-quarter 2001 dividend of 22.5 cents per share, payable on June...
Apr 19, 2001

A&B Reports 1st Quarter 2001 Earnings of $22.4 Million; Strong Real Estate Activities A Highlight

HONOLULU--(BUSINESS WIRE)--April 18, 2001--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported first quarter 2001 net income of $22,434,000, or $0.55 per share. In the first quarter of 2000,...
Feb 9, 2001

A&B Completes Purchase of Pacific Guardian Tower, Sale of Maui Parcel

HONOLULU--(BUSINESS WIRE)--Feb. 9, 2001--Alexander & Baldwin, Inc. (Nasdaq:ALEX) completed the purchase, on February 6th, of the Pacific Guardian Tower, an 18-story office building located at a...
Feb 7, 2001

A&B Properties Plans Hotel Near Kahului Airport On Maui; Begins Approval Process for Small, Business-Oriented Hotel

KAHULUI, Maui--(BUSINESS WIRE)--Feb. 7, 2001--A&B Properties, Inc, a subsidiary of Alexander & Baldwin, Inc. (Nasdaq:ALEX) is pursuing the development of a small business-oriented hotel close to...
Feb 6, 2001

A&B Sells Washington State Properties; Shopping Center, Office and Retail Buildings on Bainbridge Island Bring $15.6 Million

HONOLULU--(BUSINESS WIRE)--Feb. 6, 2001--Alexander & Baldwin, Inc. (A&B) (NASDAQ:ALEX) and its subsidiary, A&B Properties, Inc., completed the sale on January 31st of three real estate assets in...
Jan 26, 2001

A&B Reports Full-Year 2000 Earnings; Ocean Transportation, Real Estate Again Lead Improvement

HONOLULU--(BUSINESS WIRE)--Jan. 26, 2001--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today reported that, including an accounting change, its net income for all of 2000 was $90,574,000, or $2.21 per...
Jan 25, 2001

A&B Board Authorizes 1st Quarter 2001 Dividend, Continues Share Repurchase Program

HONOLULU--(BUSINESS WIRE)--Jan. 25, 2001--The Board of Directors of Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced a first-quarter 2001 dividend of 22.5 cents per share, payable on March...
Jan 1, 2001

HAWAII BENEFITS FROM ALEXANDER & BALDWIN FOUNDATION DONATIONS EXCEEDING $1.1 MILLION

HONOLULU, HAWAII In 2001, the Alexander & Baldwin Foundation (ABF), funded by the business activities of Alexander & Baldwin, Inc. and its subsidiaries, donated more than $1.1 million to 266...
Dec 20, 2000

A&B Adds Real Estate Data On Its Internet Site

HONOLULU--(BUSINESS WIRE)--Dec. 20, 2000--Alexander & Baldwin, Inc. (Nasdaq:ALEX) today announced that it has added information and analytical features regarding its property development and...
Nov 22, 2000

Matson Files 3.5 Percent Rate Increase in U.S. Pacific Coast/Hawaii Service

SAN FRANCISCO--(BUSINESS WIRE)--Nov. 22, 2000--Matson Navigation Company has filed a 3.5 percent rate increase in its U.S. Pacific Coast -- Hawaii Service, effective February 14, 2001. The...
Nov 13, 2000

BNSF and Matson Begin Operating Intermodal Train Service Along I-5 Corridor

FORT WORTH, Texas--(BUSINESS WIRE)--Nov. 13, 2000--The Burlington Northern and Santa Fe Railway Company (BNSF) and the Matson Navigation Company subsidiary, Matson Intermodal System, Inc., today...
Nov 2, 2000

A&B Continues Hawaii Expansion, Announces New Acquisition; Office Building on Corner of Kapiolani and Keeaumoku

HONOLULU--(BUSINESS WIRE)--Nov. 2, 2000--Alexander & Baldwin, Inc. (NASDAQ: ALEX) has entered into a purchase agreement to acquire the Pacific Guardian Tower from Tosei Properties, Inc. The...
Oct 26, 2000

A&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...

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