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The Honolulu Advertiser
Posted on: Thursday, December 24, 2009

ML Macadamia amends agreement with Mauna Loa Nut Corp.

Advertiser Staff

ML Macadamia Orchards L.P. said it will sell all of the macadamia nuts harvested by its partnership to Mauna Loa Nut Corp., under an amended agreement with the company.

ML Macadamia, in a filing at the U.S. Securities and Exchange Commission, said it also had terminated an earlier agreement with Mac Farms of Hawaii LLC. That agreement called for Mac Farms to purchase between 4.5 million and 5.5 million pounds of macadamia nuts annnually from ML Macadamia.
The new agreement with Mauna Loa runs through the end of 2011.