Auction planned for former HC&S plant

The Maui News

An inspection for potential buyers of the former Hawaiian Commercial & Sugar Co.’s processing plant will be held from 9 a.m. to 4 p.m. Monday.

A three-day online auction is planned Tuesday through Thursday of the former sugar company’s boiling house, turbogenerators, boilers and cane-crushing equipment, along with items in its spare parts warehouse including compressors, pumps, motors and transformers, according to an advertisement.

But as auction plans proceed, Alexander & Baldwin, the parent company of the now dissolved HC&S, continues to negotiate with potential buyers interested in the entire mill and major components, said A&B spokesman Darren Pai. Negotiations will continue right up until the auction, he added.

California-based CA Global Partners and Perry Videx have scheduled the online auction. The companies have handled the previous auctions of HC&S equipment and vehicles, including live and online auctions in January. Those featured pickup trucks, heavy equipment and all-terrain vehicles. And, there was an online auction in February.

The 145-year-old HC&S shut down in December, with A&B citing losses of $30 million in 2015 and projections of further red ink. The company’s 675-member workforce has been whittled down to a handful of workers employed by A&B. The company is turning to diversified agriculture for its 36,000 acres of former sugar cane fields.

For more information, see gaauction.com/events/hcs-3-day-online-sale/.

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