Standard Fruit Company Explained

Standard Fruit Company
Industry:Fruit
Fate:Acquired by Castle & Cooke in 1968
Predecessors:-->
Successor:Dole Food Company
Founded: in United States
Founder:Vaccaro brothers
Areas Served:-->
Owners:-->

Standard Fruit Company (now Dole plc) 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.

1954 Honduras Strike

In 1954, there was a general strike in Honduras against the Standard Fruit company among others. A detailed timeline can be seen below:[1]

Further reading

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Notes and References

  1. Web site: Bucheli . Marcelo . Read . Ian . United Fruit Company Chronology . United Fruit Historical Society . 12 January 2023.