Dole Food

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Headquarters: One Dole Drive Westlake Village, CA 91362 Employees: 36,000 CEO: David Murdock Privately held Website: http://www.dole.com Career Site Founded in Hawaii in 1851, Dole Food Company is the world's largest producer and marketer of high-quality fresh fruit, fresh vegetables and fresh-cut flowers. Dole markets a growing line of packaged and frozen foods, and is a produce industry leader in nutrition education and research. The Company does business in more than 90 countries and employs, on average, 36,000 full-time, regular employees and 23,000 full-time seasonal or temporary employees, worldwide. Dole offers a variety of more than 200 products, including fresh fruit, fresh vegetables, fresh-cut flowers, packaged foods and value-added products. You can find Dole products in supermarkets including bananas, pineapples, strawberries, canned fruit, snack foods, and pre-washed bagged vegetables. Dole owns or leases approximately 120,000 acres of land worldwide, over 50 processing, ripening and distribution centers, and the largest dedicated refrigerated containerized shipping fleet in the world, comprising 22 ships and approximately 11,500 refrigerated containers. The company has operations in 90 countries. Dole became a privately held company in 2003. It reported revenues of $5.3 billion in 2004. History Founded in Hawaii in 1851, the Company built its reputation on its commitment to "quality, and quality, and quality." These were the words of James Drummond Dole's "Statement of Principles," upon which he founded and operated the Company. James Dole came to Hawaii with an initial investment of $1,000, degrees in business and horticulture and a love of farming. With these, he began the first successful pineapple growing and canning operation, then called the Hawaiian Pineapple Company. Dole developed and grew the pineapple business into Hawaii's second largest industry. In achieving his goal of making pineapple available in every grocery store in the country, James Dole made the name "Hawaiian" almost synonymous with "pineapple." Considered an exotic fruit, the pineapple is the symbol of hospitality, and is often depicted on fine furniture. After Dole began an innovative campaign of advertising with recipes in ladies magazines, the popularity of the fruit increased and was sought by households throughout the U.S. James Dole made the name 'Hawaiian' almost synonymous with 'pineapple'. The Company later merged with Castle & Cooke, Inc. (now a separate, privately held real estate and resorts concern) to include bananas and nearly every fresh fruit and vegetable grown in the world. The DOLE brand name easily translated quality and nutrition to every fruit and vegetable the Company grew and sold. Benefits Medical A core level of coverage is provided; however, you may also choose from other medical options depending on your home location. Dental A preferred provider plan is available for you to elect. Vision Two vision options, basic and premium, are available for you to elect. Life Insurance Core coverage of one times your base pay up to $50,000 is provided to you. Optional coverage of up to $1.25 million is available to purchase, as well as coverage for your spouse and your children. Accidental Death & Dismemberment Optional coverage of up to $1.25 million is available for you to purchase to cover yourself or you and your family. Business Travel Accident Core coverage of four times your base salary up to $1.5 million is provided to you for when you are traveling on company business. Long Term Disability A core level of coverage is provided to you that would replace a portion of your lost income if you become sick or injured and are unable to work for more than six months. A higher level of protection is also available for you to purchase as an optional coverage. Flexible Spending Accounts Both Healthcare and Dependent Care Spending accounts are available for you to defer up to $5,000 annually on a before tax basis and reimburse yourself for eligible expenses. 401(k) Plan A 401(k) savings program is offered that allows you to save a portion of your before-tax and after-tax income for retirement. Dole provides a matching contribution of $1 for every $1 of pre-tax pay that you save, up to 6% for each pay period. You may contribute up to 15% of your before tax income up to the federal limits. You may also contribute 5% of your after-tax income. You can begin contributing anytime after your date of hire and are vested at 100%. Time Off A flexible time off program is provided by all divisions. You begin accruing time to use as of your first day. Each year, you may also elect to sell back time to the Company to help you purchase your flexible benefits. Paid Holidays Paid holidays are offered each year. Short-Term Disability Pay Short-term disability pay replaces 100% of your base pay when you are sick or disabled for more than 5 consecutive workdays. Benefits begin accruing after your first three months of employment. Employee Assistance Program (EAP) EAP offers confidential help for a wide range of personal and work-related concerns. You are automatically enrolled and immediately eligible for services upon your first day of employment. Updated September 16, 2005

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