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Standard Fruit Company

From Wikipedia, the free encyclopedia

Standard Fruit Company
IndustryFruit
FateAcquired by Castle & Cooke in 1968
SuccessorDole Food Company
Founded1924; 96 years ago (1924) in United States
FounderVaccaro brothers

Standard Fruit Company (now Dole Food Company) was established in the United States in 1924 by the Vaccaro brothers. Its forerunner was started in 1899, when Sicilian Arberesh immigrants Joseph, Luca and Felix Vaccaro, together with Salvador D'Antoni, began importing bananas to New Orleans from La Ceiba, Honduras. By 1915 the business had grown so large that it bought most of the ice factories in New Orleans in order to refrigerate its banana ships, leading to its president Joseph Vaccaro becoming known as the "Ice King".

Along with the United Fruit Company, Standard Fruit played a significant role in the governments of Honduras and other Central American countries, which became known as "banana republics" due to the high degree of control which the fruit companies held over the nations.

In 1926, the company changed its name from Standard Fruit Company to Standard Fruit & Steamship Company. Between 1964 and 1968, the company was acquired by the Castle & Cooke Corporation, which also acquired James Dole's Hawaiian Pineapple Company (HAPCO) around the same time. In 1991, Castle & Cooke was renamed Dole Food Company. Castle & Cooke Inc, a real estate company, was spun off in 1995 and, following a 2000 management buyout, is now privately held.

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Transcription

Further reading

  • Thomas L. Karnes, "Tropical Enterprise: The Standard Fruit & Steamship Company in Latin America", Baton Rouge: Louisiana State University Press, 1978

External links


This page was last edited on 3 September 2020, at 04:05
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