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The company announced it was selling its non-Hawaii business units. [6] Amfac was bought by Chicago-based JMB Realty in 1988 for $920 million. [7] As the sugar industry in Hawaii declined after statehood, so did the fortunes of Amfac. The company's assets were gradually sold off or closed. Oahu Sugar in Waipahu was closed in 1995. [8]
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This page was last edited on 16 February 2024, at 22:53 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The company currently operates businesses in real estate, land operations, and materials and construction. It was also the last "Big Five" company to cultivate sugarcane. As of 2020, it remains one of the State of Hawaii's largest private landowners, owning over 28,000 acres (11,000 ha) and operating 36 income properties in the state. [3]
Kapalua Land Company, Ltd. (KLC) operates the Kapalua Resort of 1,650 acres (6.7 km 2), along with the development and sale of real estate on the resort.KLC was established in 1975 and manages resort holdings of over 800 residences, homesites and condominiums, golf courses, tennis courts, a spa, retail and pro shops.
Feb. 21—The Times Supermarket in Kailua is slated to close at the end of March after nearly seven decades in business, according to owner Pan Pacific Retail Management. The Times Supermarket in ...
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