End of Del Monte's Hawaii pineapple operation comes early
End of Del Monte's Hawaii pineapple operation comes early
Citing a drop in production volume and depressed pricing, Del Monte Fresh Produce Inc., based in Coral Gables, FL, ended its century-old pineapple operations on the Hawaiian island of Oahu Nov. 17 -- two years earlier than planned.
In a statement released Nov. 17, Del Monte said, "The extreme drop in production volume, coupled with depressed pineapple pricing resulting from the increase of supply in the overall pineapple market, has had a negative financial impact on the company."
In a statement released Nov. 17, Del Monte said, "The extreme drop in production volume, coupled with depressed pineapple pricing resulting from the increase of supply in the overall pineapple market, has had a negative financial impact on the company."