Maui Land & Pineapple Company Inc. has announced a strategic evaluation of its water source and transmission assets, considering potential sale or lease options. The company owns critical water-related infrastructure on Maui, including the Pi'iholo Well and various groundwater wells and surface water systems in West Maui. This move is aimed at increasing water security across the island amid severe drought conditions and supporting other business priorities like housing creation. The evaluation is being led by a newly formed subcommittee chaired by Ken Ota, an expert in water systems. No specific timetable for the conclusion of the evaluation has been set.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maui Land and Pineapple Company Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9527102-en) on September 10, 2025, and is solely responsible for the information contained therein.