CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Ask the Mole Best Places to Retire Big Tech Blog Techland Blog Sectors and Stocks Fortune 500 Techs Tech Talk 100 Best Places to Launch Ultimate Resource Guide Small Biz Makeovers FSB 100 Ask & Answer Fortune 500 Technology Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

The mangosteen returns

The ending of a ban on imports of the exotic fruit creates business opportunities.


(FSB magazine) -- When the U.S. dropped its ban on imports of mangosteen, Americans who had savored the "queen of fruit" abroad rejoiced. So did Ian Crown, the owner of Panoramic Fruit (panoramic fruit.com).

Ending the ban, which was aimed at keeping out the Asian fruit fly, allows Thailand's mangosteen growers to crack the U.S. market, but only if they irradiate their fruit. Because Panoramic is based in Puerto Rico, where Crown has spent more than a decade developing his 1,000-tree mangosteen grove, it has always been able to ship to the continental U.S., but has done so only in limited amounts.

mangosteen.03.jpg

With big Thai exporters seeding demand, Crown is now gearing up to sell his fresher-and he says tastier-crop in quantity. Panoramic has distribution deals with Baldor Specialty Foods (baldorfood.com) in the East and Melissa's World Variety Produce (melissas.com) in Los Angeles.  Top of page

To write a note to the editor about this article, click here.

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.