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In 1911, Shipman formed the Hilo Meat Company to market the cattle from his own ranches, his older brother Oliver B. Shipman's ranch, and the large Parker Ranch located on the northern part of the island. [13] William Herbert's youngest son Herbert Cornelius Shipman (1892–1976) took over the W.H. Shipman Company in 1943 after his father's death.
Seeds yielded $264 million in 2012, supporting 1,400 workers. Seeds exceeded the value of the state's next several largest crops combined—including sugarcane and macadamia nuts. [4] As of 2008 genetically engineered corn seed was the top crop by value in Hawaii. It made up 92 percent of the state's GM seed industry. [citation needed]
It still owns large portions of Central Oʻahu and the Iwilei area of Honolulu around the former Dole Food Company pineapple cannery. Castle & Cooke owned nearly all of the island of Lānaʻi until June 2012 when Oracle CEO Larry Ellison bought their share for approximately 500 million dollars. [10] Amfac was bought out in 1988 by Chicago-based ...
In 1857, Welshman Theophilus Harris Davies arrived in Hawaii and joined the company as a clerk for Green. In 1859 Green became a partner. Davies worked his way up in the company, but left when his contract expired in 1862. In 1863 Davies returned to work as an agent for a sugarcane plantation, but left again when his contract expired in 1866 ...
The move once again put control of the company into Hawaii hands, but it left the company in heavy debt. The macadamia orchards were spun off as a separate company. [8] C. Brewer closed down its sugar business on Maui in 1988 and on the Big Island in 1994. [9] [10] Its real estate business was spun off in 1993. [11] The company moved to Hilo ...
By 1974, sugar production was leased to Alexander & Baldwin, while the company moved into residential and resort real estate operations. [4] The Wilcox estate was added to the National Register of Historic Places listings in Hawaii on June 25, 1974, as site 74000722. Its boundary was adjusted to total 81.79 acres (33.10 ha) on December 8, 1978 ...
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]