Food Products
Company Overview of MacFarms Of Hawaii, LLC
Company Overview
MacFarms Of Hawaii, LLC grows, harvests, roasts, and packs macadamia nuts. It offers dry roasted with sea salt, unsalted, honey roasted, sea salt and black pepper, milk chocolate covered, coffee dark chocolate, and milk chocolate toffee macadamia nuts. The company also provides macadamia nuts for ice cream, baked goods, and confectionery manufacturing industries, as well as retail markets. In addition, it offers chocolate and baking products, and gift sets. The company was founded in 1977 and is headquartered in Captain Cook, Hawaii. As of August 11, 2008, MacFarms Of Hawaii, LLC operates as a subsidiary of Buderim Ginger Ltd.
89-406 Mamalahoa Highway
Captain Cook, HI 96704
United States
Founded in 1977
Key Executives for MacFarms Of Hawaii, LLC
MacFarms Of Hawaii, LLC Key Developments
Macadamias Hawaii reported earnings results for the full year ended December 31, 2012. The company continues to improve with profit increasing by $2.23 million or 129%, to $3.95 million on the back of sales increasing by $5.1 million to $16.0 million in the year. The strength of the 2012 harvest and strong international market prices, both contributed to this improved result. Margins improved across the year by 3.4%.
ML Macadamia Orchards, L.P. announced that it has signed a nut processing agreement with Buderim Macadamias of Hawaii, LLC. The agreement provides that Buderim will process between 1.5 million and 7.0 million pounds of wet-in-shell macadamia nuts into kernel for the Partnership during 2013. The wet-in-shell nuts will be available as a nut purchase contract with Mauna Loa Macadamia Nut Corporation covering a portion of the production of the Partnership expires on December 31, 2012. The Partnership intends to use the kernel processed by Buderim to launch the Partnership's new Royal Hawaiian Orchards product line. The Partnership has also signed an amended credit agreement with American AgCredit PCA, its primary lender, extending its current $5.0 million revolving credit facility until May 1, 2014. The term loan with American AgCredit with a balance of $8.4 million outstanding as of June 30, 2012 and the revolving credit facility continue to be secured by the Partnership's owned real property.
MacFarms Of Hawaii, LLC reported earnings results for the half year ended June 30, 2011. For the period, the company reported EBITDA of AUD 1,165,000 on total revenue of AUD 5,394,000 compared to LBITDA of AUD 233,000 on total revenue of AUD 6,570,000 reported a year ago.
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To contact MacFarms Of Hawaii, LLC, please visit www.macfarms.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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