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Current Newsletter Print Version - Dole Sustainability

Current Newsletter Print Version - Dole Sustainability

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DID YOU KNOW?The newly constructed wharf began operations in 1910. Itslength was 450 feet out into the sea and an adequate depthfor all types of vessels of 17 feet. This structure permitted theunloading of the banana stems from the railroad crib cars intothe yawning holds of the steamers.For some reasons, the citizens of El Porvenir refused to let theline enter the village. As a consequence the Vaccaro railroadbypassed the village and continued east to La Ceiba, where theyestablished their headquarters, bringing growth to the city.The 1910 pier in La CeibaLa Ceiba is BoomingWith the introduction of the train and the construction of the pier, the banana business flourished in thearea. La Ceiba turned into a small town, requiring new services.In 1912, thanks to the Company’s support, the city acquired its first gravity operated potable water supplysystem provided from the local river, together with a sewer system.Starting in 1917, the Company installed a reliable supply of electricity and public lighting that functioned untilJanuary 1974, when the Company sold the system to a government-owned entity.Vaccaro Brothers & Co. also obtained permission from the government of Honduras to operate a commercialbank. In February 1913, they opened the Banco Atlantida in La Ceiba. It was the first commercial bankoperating in the country outside of the capital city. It soon became the dominant financial agency in theRepublic with several branches.1912 – The First Sewer and water System as well as the first electrical system were installed. The Banco Atlantida todayThe Company established for the potable water supply of La Ceiba began its operations as a subsidiary ofVaccaro Brothers & Co., and expanded into the ice and soft drink manufacturing business and CerveceriaHondureña, a brewery. In 1916, they began brewing and selling the famous Salva Vida beer. The breweryremained a <strong>Dole</strong> asset until 2001, when the Company sold its 97% stake to South African Breweries P.L.C.10

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