Parker Ranch to Build New Homes for Working CowboysOctober 3, 2020, 3:29 PM HST (Updated October 3, 2020, 3:29 PM)
Parker Ranch, Inc., will be building 10 to 12 new homes for working cowboys in its Livestock Division over the next two years.
The new homes will replace older homes. The decision to construct the new housing was compelled by results generated by ranching operations over the past several years, and its commitment to ranching in Hawai‘i.
Over the years, CEO of Parker Ranch Dutch Kuyper, said their ranching operations shifted to pursue a new balance of how resources are allocated between locally raised grass-fed beef and their commitments to key growth markets on the mainland.
“For the last seven years we have generated a consistent competitive return demonstrating that our beef business is both profitable and sustainable,” Kuyper said. “As a result, the business warrants strategic investments such as long-term infrastructure and housing.”
Kuyper explained that the investment in housing makes sense, to attract and retain good employees in the ranching operation.
“We have made several internal promotions in recent months and hired several cowboys to join the ranks,” he said. “The homesites will be situated based on the needs of the ranch and to support the operations nearby where the cattle are located. Because ranch operations have evolved over time, some of these new homes will likely be in new and different locations than the older homes, and they will be comfortable and contemporary living spaces.”
Parker Ranch has diversified its business interests over the last several years. Its grass-fed beef segment has added revenue sources such as retail grocery customers like Safeway and Whole Foods. The success of the grass-fed program is one reason Parker Ranch was able to increase their annual distribution to the Beneficiaries of the Trust by nearly 50% earlier this year.
“It is terrific that we are in the position to increase both the distribution to our Beneficiaries while also committing to this installment of workforce housing. There likely will be more homes built in the future beyond 2021-2022,” Kuyper said.
The ranch will be soliciting interest from companies keen to submit bids for constructing the new homes. Any interested contractors or qualified builders should contact Mel Sanchez in Human Resources at Parker Ranch, 808-885-7311.