News Releases
News Releases
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Jan 23, 2003
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...
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Dec 27, 2002
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...
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Dec 18, 2002
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...
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Dec 16, 2002
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...
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Nov 26, 2002
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,...
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Oct 24, 2002
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...
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Oct 23, 2002
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...
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Oct 7, 2002
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...
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Oct 5, 2002
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...
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Sep 29, 2002
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...
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Jul 17, 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...
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Jul 1, 2002
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...
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Jun 27, 2002
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...
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Jun 18, 2002
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...
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Jun 13, 2002
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...
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May 29, 2002
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...
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May 29, 2002
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...
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May 21, 2002
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...
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May 3, 2002
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...
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Apr 25, 2002ANDRASICK 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...
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Apr 25, 2002
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...
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Apr 25, 2002
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...
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Apr 17, 2002
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...
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Apr 1, 2002
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...
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Mar 15, 2002
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...
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Mar 1, 2002
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...
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Feb 25, 2002
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...
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Feb 19, 2002A&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...
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Feb 4, 2002
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...
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Jan 24, 2002
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...
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Jan 24, 2002
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....
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Dec 20, 2001
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...
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Dec 5, 2001HC&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...
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Nov 20, 2001
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...
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Nov 16, 2001Will 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...
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Nov 7, 2001
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,...
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Nov 5, 2001
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...
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Oct 25, 2001
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...
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Oct 17, 2001
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...
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Oct 8, 2001
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...
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Sep 19, 2001
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,...
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Aug 28, 2001
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...
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Jul 18, 2001
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...
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Jun 28, 2001
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...
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Jun 8, 2001
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...
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Jun 7, 2001
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...
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Jun 5, 2001Unlimited 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...
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Apr 26, 2001
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...
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Apr 19, 2001
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,...
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Feb 9, 2001
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...
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Feb 7, 2001
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...
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Feb 6, 2001
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...
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Jan 26, 2001
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...
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Jan 25, 2001
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...
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Jan 1, 2001
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...
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Dec 20, 2000
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...
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Nov 22, 2000
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...
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Nov 13, 2000
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...
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Nov 2, 2000
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...
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Oct 26, 2000
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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Oct 19, 2000
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...
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Oct 13, 2000
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...
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Sep 15, 2000
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...
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Sep 13, 2000Low 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...
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Aug 22, 2000$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...
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Aug 8, 2000Third 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...
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Aug 2, 2000
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...
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Jul 20, 2000
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...
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Jun 26, 2000Purchases 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....
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Jun 22, 2000
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...
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Jun 22, 2000Costco 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...
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Jun 5, 2000Named 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...
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May 18, 2000Former 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....
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Apr 27, 2000
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...
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Apr 21, 2000
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...
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Apr 20, 2000
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...
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Mar 20, 2000
Due to steadily escalating costs in bunker fuel, Matson Navigation Company is increasing its fuel surcharge from 2.25 percent to 3.25 percent in its Hawaii and Guam services, effective April 2,...
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Jan 28, 2000Excluding One-Time Items, A&B's 1999 EPS 26-Percent Higher
Honolulu (January 28, 2000) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) today reported that its net income for all of 1999 was $62,579,000, or $1.45 per share, versus $25,142,000, or $0.56 per...
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Jan 27, 2000
Honolulu (January 27, 2000) -- The Board of Directors of Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced a first-quarter 2000 dividend of 22.5 cents per share, payable on March 2, 2000 to...
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Jan 26, 2000
Due to steadily escalating costs in bunker fuel, Matson Navigation Company is increasing its fuel surcharge from 1.75 percent to 2.25 percent in its Hawaii and Guam services, effective February...
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Dec 10, 1999One Million Shares Added
Honolulu (December 10, 1999) -- Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced that its board of directors increased by one million the number of shares of its common stock authorized for...
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Oct 12, 1999
Puunene, Maui, Hawaii – Beginning next fall, Hawaiian Commercial & Sugar Company will manufacture a new product, premium composite panel board, using bagasse (cane fiber), a byproduct of sugar...
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Aug 26, 1999
HONOLULU--(BUSINESS WIRE)--Aug. 26, 1999--The Board of Directors of Alexander & Baldwin, Inc. (A&B) announced at its regular meeting today, August 26, 1999, that Charles M. Stockholm was named its...