Updated at 2:34 p.m., Tuesday, January 8, 2008
Calavo projects growth with Maui Pineapple deal
Advertiser Staff
Calavo Growers Inc., the Santa Paula, Calif.-based seller of fresher and processed-avocado, said its assumption of North American marketing and distribution of Maui Gold pineapples are expected to contribute $25 million to $30 million in revenues during its 2008 fiscal year.The company also said the distribution deal with a Maui Land & Pineapple Co. unit complements its existing Hawaiian papaya business and "vaults the company into a position as the leading Mainland provider of tropical produce" grown in Hawai'i.
Calavo made the comments in a press release announcing its fourth-quarter results.
