(July 9, 2:17 p.m.) Dole Food Co. Inc., Westlake Village, Calif., sold three of its facilities, generating $100 million in cash being used to pay term and revolving bank debts.

These most recent sales, part of the company’s previously announced asset sale program, brings the total to $135 million, according to a July 9 news release.

The sales include 2,000 of Dole’s 28,000 acres on the island of Oahu, Hawaii; the headquarters of Dole’s Fresh Flowers division, Miami; and about 4,300 acres of orchards in California.

“Dole is pleased to have completed the three all-cash asset sales at favorable prices. We anticipate that we will complete additional significant asset sales in 2008, the proceeds of which will also be used to pay down debt,” president and chief executive officer David DeLorenzo said in the release.

In 2007, Dole reported net revenues of $6.93 billion.