Bankruptcy for Hawaii’s oldest fish farm

Grove Farm fish and Poi LLC which operates as Hukilau foods, is facing bankruptcy, after a failed attempt to increase production by building a new hatchery in Oahu. The projected production was five million pounds, but the yield was only 1.2 million pounds last year. The company also lost US$2.3 million in 2009 and sustained a US$2.4million loss for the first nine months of this year. Read more...