Amfac Electric Supply, distributing materials to contractors and builders from a dozen branches 1980s–2000s Ronald L. Sloan was removed as president November 20, 1987, and replaced by Richard L. Griffith (Walker was still chairman of the board). The company announced it was selling its non-Hawaii business units. Amfac was bought by Chicago-based JMB Realty in 1988 for US$920 million. As the sugar industry in Hawaii declined after statehood, so did the fortunes of Amfac. Amfac's assets were gradually sold off or closed. Oahu Sugar in Waipahu was closed in 1994. Liberty House went into bankruptcy in 1998 (it was later acquired by Federated Department Stores and now carries the Macy's brand name). The Pioneer Mill in Lahaina closed in 1999, and the Kekaha Sugar Mill and Lihue Plantation closed in 2000. Amfac Hawaii went into Chapter 11 bankruptcy in 2002. Amfac Hotels & Resorts was retained by JMB and was renamed Xanterra Parks and Resorts. Amfac Hawaii was reorganized as Kaanapali Land, LLC and the bankruptcy closed in 2005. Some of the former plantation land uphill from the resort has been subdivided into a development called Kāʻanapali Coffee Farms. See also History of sugar References Further reading External links Kaanapali Land Management Corp., principal subsidiary of Kaanapali Land Real estate companies established in 1849 Defunct companies based in Hawaii Companies that filed for Chapter 11 bankruptcy in 2002 1849 establishments in Hawaii