Macadamia Orchards has signed two separate agreements to sell macadamia nuts to Mac Farms of Hawaii and Purdyco International.

The agreement with Mac Farms is for the sale of between 4.5m and 5.5m wet-in-shell pounds per year, while the deal with Island Princess is for a volume of around 2m pounds annually. Both contracts will take effect from 1 January 2007 and will run for five years.

Nut prices for both contracts will be mutually agreed every six months, based on market prices.

ML Macadamia Orchards currently sells its entire production to Mauna Loa Macadamia Nut Corporation, part of the Hershey’s group. But four of the five nut purchase agreements with Mauna Loa expire at the end of 2006. Earlier this year, the company signed another contract to sell 6m pounds of nuts a year to Hamakua Macadamia Nut Corporation, with effect from 1 January 2007.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.