|
|
|
|
The mangosteen returnsThe 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. 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. |
 |
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
| 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. |
