2,550-unit Wai‘ale project gets hearing

MAKENA – The state Land Use Commission began this week what promises to be a long series of proceedings on Alexander & Baldwin Properties’ proposed 545-acre, 2,550-unit Wai’ale subdivision in Central Maui. The commission listened to about two dozen residents testify for and against the proposal Thursday and Friday at the Makena Beach &...

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A&B’s agribusiness sector recovers but shipping down – Mauinews.com | News, Sports, Jobs, Visitor’s Information – The Maui News

Although its agribusiness sector continued its recovery in the first quarter, Alexander & Baldwin’s usual profit center, Matson Navigation Co., lost money, and the company reported a thin profit of $5.2 million, or 12 cents per share, Tuesday. President Stanley Kuriyama said Matson couldn’t adjust its fuel surcharges fast enough to keep up with...

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Sweet Smell of Success

The rain came down. The price went up, and Hawaiian Commercial & Sugar Co. finished the year with a much improved crop. The final raw sugar shipment was loaded at Kahului Harbor’s Pier One on Wednesday and Thursday. The harvest was just shy of 172,000 tons, much better than the 127,000 tons in 2009,...

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Alexander & Baldwin buys California shopping center

Alexander & Baldwin Inc. has added a California neighborhood shopping center to its commercial real estate portfolio, paying $48 million for a 165,500-square-foot complex in Temecula, Calif. The Honolulu-based company said it bought Rancho Temecula Town Center through subsidiary A&B Properties Inc., in part, using proceeds from a warehouse complex in Ontario, Calif., it...

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