New pineapple company to rise from ashes of Maui Land subsidiary – Starbulletin.com

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New pineapple company to rise from ashes of Maui Land subsidiary

By Star-Bulletin staff

POSTED: 01:32 p.m. HST, Dec 31, 2009

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A group of Valley Isle residents plans to start operating a new pineapple company tomorrow to serve whole fruit customers of Maui Land & Pineapple Co.

The last pay day for Maui Land’s subsidiary Maui Pineapple Co. Ltd. was today.

The new business Haliimaile Pineapple Co. has purchased some of Maui Land’s pineapple equipment and leased 1,000 acres with an option of leasing more land, said Doug Schenk, one of the investors.

Schenk, an investor and a former president of Maui Pineapple Co., said the new company will be employing about 68 people, including about 60 who formerly worked at Maui Land and were ILWU members.

A group of Valley Isle residents plans to start operating a new pineapple company tomorrow to serve whole fruit customers of Maui Land & Pineapple Co.

The last pay day for Maui Land’s subsidiary Maui Pineapple Co. Ltd. was today.

The new business Haliimaile Pineapple Co. has purchased some of Maui Land’s pineapple equipment and leased 1,000 acres with an option of leasing more land, said Doug Schenk, one of the investors.

Schenk, an investor and a former president of Maui Pineapple Co., said the new company will be employing about 68 people, including about 60 who formerly worked at Maui Land and were ILWU members.

New pineapple company to rise from ashes of Maui Land subsidiary – Starbulletin.com

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