Mena Davidson, CMBI
chief executive, told The Grocer that growers were in a stronger position to withstand Mediterranean competition, and stabilise Jaffa exports.
To date, sales are 45% ahead, while CMBI
chairman, Daniel Kritchman is anticipating exports of 28 million cartons.
These, according to CMBI
estimates, are Mehadrin (34%), Tnuport (29%), Agrexco (including Yakhin) (19%), Pardess (10.
In addition to Citizens State Bank of Nevada, CMBI
operates three other subsidiary banks.
estimates that pink grapefruit, with an 18% total export share, made a 20%-25% premium over white Marsh seedless.
Harmon, chairman of the board of CMBI
, "The strong earnings continue to reflect benefits from the purchase of deposits from the Resolution Trust Corporation in 1992.
Initially 4,000 hectares will be replanted over the next three years at a cost of some $65m paid for jointly by government, the CMBI
will continue to maintain the Jaffa brand above the line.
) announced that, at a special shareholders meeting held today, its shareholders approved the proposed merger of CMBI
with Mercantile Bancorporation Inc.
In addition to Citizens-Jackson County Bank, CMBI
operates two other subsidiary banks in Missouri.
Citizens-Jackson, a CMBI
subsidiary, has offices in Kansas City, Independence, Lee's Summit, Blue Springs and Warrensburg, Mo.
program is structured so that there is classroom time and four on-site visits at The Wealshire and the Ponds.