120 workers axed; gas station, theaters to closeBy EDWIN TANJI, City Editor
March 25, 2008
MAUNALOA, Molokai — Battered by disputes over water and land-use entitlements, Molokai Properties Ltd. told 120 workers Monday that it is shutting down all operations of Molokai Ranch as of April 5.
During meetings held with employees Monday morning, Molokai Properties Chief Executive Officer Peter Nicholas said the workers had been given 60 days notice of termination, but the final day of normal operations will be April 5.
The shutdown affects visitor facilities including the Maunaloa Lodge, the ranch’s Kaupoa Beach Village and the Kaluakoi Golf Course. The Maunaloa gas station, a theater complex and the ranch’s cattle operations also will be shut down, Nicholas said.
In a statement issued to news and government agencies, Nicholas said the company will “mothball” the assets spread across 60,000 acres. He was not available Monday afternoon to respond to questions...
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