Alexander & Baldwin, Inc. (“A&B”) is a diversified corporation with most of its operations centered in Hawaii. It was founded in 1870 and incorporated in 1900. Ocean transportation operations and related shoreside operations of A&B are conducted by a wholly-owned subsidiary, Matson Navigation Company, Inc.(“Matson”), and several Matson subsidiaries, all of which are headquartered in San Francisco. Container leasing operations are conducted by a wholly-owned subsidiary of Matson, Matson Leasing Company, Inc. (“Matson Leasing”), which is headquartered in San Francisco. Real property and food products operations are conducted by a wholly-owned subsidiary of A&B, A&B-Hawaii, Inc. (“ABHI”), and several ABHI subsidiaries, including California and Hawaiian Sugar Company, Inc. (“C&H”), all of which are headquartered in Hawaii or California.
Can We Help with Your Assignment?
Let us do your homework! Professional writers in all subject areas are available and will meet your assignment deadline. Free proofreading and copy-editing included.
The industry segments of A&B are as follows:
1) Ocean Transportation – carrying freight primarily between various United States Pacific Coast and Hawaii ports; providing terminal, stevedoring, tugboat and container equipment maintenance services in certain of those ports; and arranging United States Mainland intermodal transportation.
2) Container Leasing – leasing marine cargo containers in standard 20 foot and 40-foot lengths to transportation companies, primarily ocean carriers in the liner trades.
3) Property Development and Management – developing real property in Hawaii and on the U.S. Mainland; selling residential properties; and managing, leasing, selling and purchasing commercial and industrial properties.
4) Food Products – growing sugarcane and coffee in Hawaii; producing raw sugar, molasses and green coffee; refining raw sugar, and marketing and distributing refined sugar products in the western United States; marketing and distributing roasted coffee and green coffee; providing sugar and molasses hauling and storage, general freight and petroleum hauling and self-storage services in Hawaii; and generating and selling electricity.