After 90 years in the islands, Fresh Del Monte Produce Inc. says it will shut down its pineapple operations in Hawaii in a little more than two years, the Associated Press reported.
Del Monte said it was no longer economically feasible to grow pineapple in Hawaii because it can be produced for less in other parts of the world.
"It would be cheaper for Del Monte to buy pineapples on the open market than for the company to grow, market and distribute Hawaiian pineapple," the company said in a statement.
The International Longshore and Warehouse Union Local 142 said the decision will eliminate approximately 700 jobs.
Hawaii remains home to other pineapple companies - Dole Food Hawaii and Maui Pineapple Co.