Alexander & Baldwin
Encyclopedia
Following World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

, the company entered a new business: land development and real estate. The company formed a new subsidiary, the Kahului Development Co., to develop housing in the Kahului area. In the following years, the company became more involved in the development of its land and the Kahului Development Co. became A&B Properties, Inc.

In 1962, the company purchased all outstanding interests in the Hawaii Commercial & Sugar Company and the sugar operation became wholly owned by Alexander & Baldwin. In 1964, the company also bought out the interests in Matson Navigation Company held by three of its fellow "Big Five" competitors: American Factors
Amfac (Hawaii)
Amfac, Inc. formerly known as American Factors and originally H. Hackfeld and Company was a land development company in Hawaii. Founded in 1849 as a retail and sugar business, it was considered one of the so-called Big Five companies in the Territory of Hawaii...

, C. Brewer & Co.
C. Brewer & Co.
C. Brewer & Co., Ltd. was a Honolulu-based company that was once part of the Big Five companies in territorial Hawaii. The company did most of its business in agriculture....

, and Castle & Cooke
Castle & Cooke
Castle & Cooke, Inc. is a Los Angeles-based company that was once part of the Big Five companies in territorial Hawaii. The company at one time did most of its business in agriculture...

. In 1969, the company purchased all remaining, outstanding shares in Matson and the shipping company became a wholly owned subsidiary of Alexander & Baldwin.

Diversification

In recent decades, the company’s development and real estate division has grown as A&B Properties developed new residential and commercial projects on other land the company owned. The company’s Matson division also expanded. In addition, Alexander & Baldwin entered diversified agriculture, beginning to cultivate coffee
Coffee production in Hawaii
The only state in the United States of America able to grow coffee plants commercially is Hawaii. However, it is not the only coffee grown on U.S. soil; for example, Puerto Rico has had a coffee industry for some time, although it is not a state but a U.S. territory. Ramiro L...

 and macadamia
Macadamia
Macadamia is a genus of nine species of flowering plants in the family Proteaceae, with a disjunct distribution native to eastern Australia , New Caledonia and Sulawesi in Indonesia ....

 nuts in the 1980s.

List of businesses owned by Alexander & Baldwin, Inc.

  • East Maui Irrigation Co., Ltd. (maintains irrigation ditches originally built in the 1870s as noted above)
  • Hawaiian Commercial & Sugar Company (sugar growing division)
  • Maui Brand Sugars (unrefined sugar brand)

  • Matson Navigation Co., Inc.
    Matson Navigation Company
    The Matson Navigation Company, a subsidiary of Alexander & Baldwin, is a private shipping company with roots extending into the late 19th century...

    (shipping company)
    • Matson Integrated Logistics
    • Matson Global Distribution Services
    • Matson Terminals, Inc.

  • A & B Properties, Inc. (real estate and development company)

  • Kauai Commercial Company, Inc. (freight trucking)

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK