Originally organized as a cooperative in 1921, it encountered a severe decline in sugar markets and passed through a series of owners in the latter half of the 20th century.
Alexander & Baldwin subsequently sold its majority share to an investment group, Citicorp Venture Capital (CVC) in 1998, retaining a 40% common stock interest in the recapitalized company.
[a] C&H revenues and profits continued to decline into the 21st century as sugar prices fell and labor costs rose.
[6] C&H sells a variety of cane sugar products, including white granulated, brown, baker's (superfine), powdered and organic.
[7] C&H's primary market is west of the Mississippi River in the United States, although some sugar is sold in various east coast stores.