Tag: Pineapple

August 12, 2009 General Ag News and Notes Post a Comment

CALAVO fails marketing goals

Calavo Growers (CVGW) has been added to the Hawaii Agriculture Blog “Hawaii Agriculture and Related Stocks Annual Charts” page to show the contrast of their lack of success in marketing fresh pineapple in California with the success of their stock performance.

Calavo Chairman, President and CEO Lee E. Cole on the favorable implications of the sales marketing and distribution agreement of Maui Gold Pineapple for Calavo

“First, we anticipate that sales of Maui Gold fresh pineapples will contribute $25-30 million in revenues to Calavo’s top line in fiscal 2008, as well as become immediately accretive to earnings.”

calavao-vs-mlp
As opposed to Maui Land and Pineapple Company’s Inc (MLP) filed Quarterly Report (10-Q) for the period ended 2009-06-30.

Revenues for the Agriculture segment decreased by 14%, or $749,000, from $5.3 million for the second quarter of 2008 to $4.5 million for the second quarter of 2009, primarily due to a reduction in pineapple juice sales volume and lower average prices for fresh pineapple. Pineapple juice sales represented approximately 5% of the Agriculture segment revenues in the second quarter of 2009 compared to approximately 13% of Agriculture segment revenues in the second quarter of 2008. The Agriculture segment reported an operating loss of $5.0 million for the second quarter of 2009 compared to an operating loss of $4.6 million for the second quarter of 2008. The operating loss for the second quarter of 2009 includes a charge of $1.9 million representing an adjustment to the fair value less selling costs of our property in Kahului that includes our fresh fruit processing plant. The Kahului property is currently held for sale.

August 10, 2009 General Ag News and Notes, Maui Gold Pineapple Post a Comment

Maui Gold Pineapple – Honolulu Baking Company | Hawaii’s Premiere Food, Cuisine, Catering, and Recipe Website

CLICK HERE to view clip

The Honolulu Baking Company is the major force amongst the Star Bucks retail locations. Besides all the wonderful baked goods, they are also responsible for the delicious fresh fruit cups that we see in every location. Of course, one of the main fruits in the cup is the Maui Gold Pineapple. Executive Chef Grant Kawasaki meets Yuri McPhail for a behind the scenes tour of there facility in Kakaako.

Maui Gold Pineapple – Honolulu Baking Company | Hawaii’s Premiere Food, Cuisine, Catering, and Recipe Website

August 4, 2009 General Ag News and Notes Post a Comment

Maui Land and Pineapple Company Inc Reports Operating Results (10-Q)

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    I Hope there is Pineapple in                Haiku Hawaii Forever!            Click for Larger Image
Maui Land and Pineapple Company Inc (MLP) filed Quarterly Report for the period ended 2009-06-30.

MAUI LAND & PINEAPPLE CO Inc. is committed to the integration of agriculture natural resource management and eco-effective design principles to create and manage holistic communities. MLP’s vision of holistic communities is based on the traditional Hawaiian model of ahupua’a a system of self-reliance based on the artful use of land and water resources to sustain island life indefinitely. MLP is a Hawai’i corporation and successor to a business organized in 1909. Its principal operating subsidiaries are Maui Pineapple Company Ltd. a producer and marketer of Maui-grown pineapple and Kapalua Land Company Ltd. operator of Kapalua Resort a master-planned resort community in West Maui. Maui Land and Pineapple Company Inc has a market cap of $59.1 million; its shares were traded at around $7.25 with and P/S ratio of 0.8. Maui Land and Pineapple Company Inc had an annual average earning growth of 23.6% over the past 5 years.

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August 4, 2009 General Ag News and Notes Post a Comment

Maui Land & Pineapple reports 2nd-quarter loss

 

Maui Land & Pineapple reports 2nd-quarter loss

Associated Press, 08.03.09, 10:56 PM EDT

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KAHULUI, Hawaii —

Maui Land & Pineapple Co. has reported a wider second-quarter loss due to hefty charges.

The company posted a loss of more than $54 million, or $6.75 per share, compared with net income of $272,000, or 3 cents per share, for the second quarter of 2008.

The latest-quarter loss included a charge of $21.3 million for the drop in value of the company’s investment in Kapalua Bay Holdings LLC, and charges of $14.2 million to write off development plans the company says are no longer feasible due to changes in market conditions.

The company said Monday that revenue slid 24 percent to $13.3 million from $17.6 million. Declines were seen across all business segments, as less tourist travel to Maui and the state of Hawaii and lower demand for real estate continued to impact operations and pineapple operations were scaled down.

Maui Land & Pineapple reports 2nd-quarter loss – Forbes.com

July 22, 2009 Faces in Agriculture 1 Comment

Nelson Factory Pauwela Cannery

Pauwela Cannery
Pauwela Cannery
The legacy of a long past vibrant agricultural community in Haiku Maui are the remaining building that were involved in the canning of Pineapple. These structures have become one with the landscape as if they were giant mushrooms with doors and windows. They’ve been used for industrial purposes and storage for years. The industry has been small scale mostly concentrating on had crafted products such as cabinets and surfboards.

communicate
It's very hard to communicate how big this machine actually is.
Little prepares the visitor to the Nelson Factory, in the Pauwela Cannery, for the sight of their CNC (computer numerical control) machine. Open a small nondescript door and suddenly you are in the engine room of the star ship enterprise. The scale of this 8000lb. machine is mind-boggling. It can carve a 16 foot piece of anything: aluminum, wood and foam for surfboards, sailboards and stand up paddle boards. It is so big it can shape 3 short boards at once and even pieces of canoes to be assembled later into full size canoes. But despite the display of industrial strength and brute force the devise is surprisingly sensitive:   able to shave to a wafer delicate foam for the ultra thin noses of modern short boards while a regular planer would snap the nose off instantly.

The industrial uses are limitless, “Do you need a part for your yacht, race car, telescope or nuclear submarine?” The machine has digital probes which can scan almost any shape to the highest tolerances. And it is in the Pauwela Cannery on West Kuiaha!

Software simply works off an Excel Spreadsheet
The software simply works off an Excel Spreadsheet
The Nelson Factory website is as impressive and high tech as their CNC mill. Click Here to view a video of the CNC Milling machine in action. The website, the videos and 3D displays of the products have all been produced by Photographer Christian Gröger. Be sure to view his striking Haleakala Maui sunrise Pano (choose the full screen view) and his latest project the Kunsthalle Bremen Virtual Tour.