MAUNALOA, Molokai (KHNL) -- One of the largest employers on Molokai isshutting down its operations.Molokai Ranch plans to shut down at the end of March and will lay-off morethan 120 staff.Company CEO Peter Nicholas said the staff had been advised of the company'sdecision. Nicholas said the decision is purely business."Unacceptable delays caused by continued opposition to every aspect of theMaster Plan means we are unable to fund continued normal companyoperations," he said.Operations to be shut down include the Molokai Lodge, the Kaupoa BeachVillage, the Kaluakoi Golf Course, the Maunaloa gas station, the MaunaloaTri-Plex theatre, cattle-rearing and the company's substantial maintenanceoperations.Nicholas said the company will close all access to its propertyindefinitely.
Courtesy of KHNL News
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