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ALEXANDER & BALDWIN, INC.
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 the Company are conducted by a wholly-owned
subsidiary, Matson Navigation Company, Inc. and several Matson subsidiaries, all
of which are headquartered in San Francisco. Real property and food products
operations are conducted by Alexander & Baldwin and certain other
wholly-owned subsidiaries of A&B.
The industry segments of A&B are as follows:
1. Ocean
Transportation
Carrying freight, primarily between various United States
Pacific Coast ports, major Hawaii ports and Guam; chartering vessels to third
parties; providing terminal, stevedoring, tugboat and container equipment
maintenance services in Hawaii; arranging intermodal transportation in North
America; and providing supply and distribution services.
2. Property
Development and Management
Developing real property; selling residential properties;
and managing, leasing, selling and purchasing commercial/industrial properties,
all in Hawaii and on the U.S. Mainland.
3. Food Products
Growing sugar cane and coffee in Hawaii; producing raw
sugar, molasses and green coffee; marketing and distributing roasted coffee and
green coffee; providing sugar and molasses hauling and storage, general freight
and petroleum hauling in Hawaii; and generating and selling electricity.
The Company's Common Stock is traded on The NASDAQ Stock Market under
the symbol "ALEX"
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