Castle & Cooke, Inc. - CCS- Profile

Castle & Cooke, Inc. operates through three businesses namely residential real estate development, commercial real estate and resorts. The company conducts residential real estate development operations in Hawaii, Bakersfield, California, Sierra Vista, Arizona and Florida. The company owns and manages office buildings, shopping centers and other commercial properties in California, Hawaii, Arizona, North Carolina and Georgia. The company is one of the largest developers and builders of single-family and multi-family homes. The company owns and operates two luxury resorts, the Lodge at Koele and the Manele Bay Hotel, on Lana'i. Till date the company has spent $.72 million for year 2000 expenses. Residential real estate accounted for 57% of 1999 revenues; resorts, 24% and commercial and other, 19%.