Maui Business

As a result of continued investment in clean energy strategies, Hawaiian Electric Industries, Inc. (HEI) today reported net income for the second quarter of 2011 of $27.1 million, compared to $29.3 million for the second quarter of 2010.

Maui Land & Pineapple Company, Inc. reported a net loss of $2.5 million for the second quarter of 2011, but a net income of $10.0 million for the first six months 2011.

Today, the Hawaii Better Business Bureau issued an advisory cautioning job hunters to beware phony job posting scams.

Maui-based Pacific Biodiesel has entered into a three-year contract with Hawaiian Electric Company to supply at least 250,000 gallons of locally produced biodiesel to the new 8-megawatt (MW) Honolulu International Airport Emergency Power Facility.

Fresenius Medical Care announced in its second quarter 2012 earnings report that it is acquiring Liberty Dialysis Holdings, Inc., the holding company for Liberty Dialysis and the owner of the two kidney dialysis clinic on Maui and one on Molokai.

The Hawaii Bankers Association netted over 12 tons of food and raised nearly $31,000 in its fourth annual drive for the Hawaii Foodbank Food Drive.

Today, the National Science Foundation (NSF) announced a program whose focus is to help strengthen the nation’s innovation ecosystem is referred to as the NSF Innovation Corps or I-Corp program.

AAAAA Rent-A-Space has begun construction on the largest commercial photovoltaic power generation system on Maui at their storage facility and commercial center in Honokowai.

An honors graduate of the William S. Richardson School of Law at the University of Hawaii, Nathan Nelson, Esq. will replace George Aoki as vice president, general counsel and secretary at the Gas Company (TGC).

Maui business consultants and industry experts will gather to present a wide variety of business related workshops at the Maui County Business Resource Center (MCBRC) during the month of August.

Starting today, the U.S. Postal Service will salute the U.S. Merchant Marine by issuing 60 million Forever stamps in a four-stamp pane which includes a container ship operated by the Matson Navigation Company.

Hawaiian Holdings, Inc., parent company of Hawaiian Airlines, Inc., yesterday reported net losses of $50.0 million for the three months ended June 30, 2011 of $50.0 million.

Kaiser Permanente Hawaii has added two physicians to its medical team on Maui.

Certified Hawaii, a community association management firm of the Associa company, has expanded by adding 15 new Hawaii associations since January 2011 and 5 are on Maui.

Long-time Hawaii clothing designer Tori Richard has been selected as the manufacturer of volunteer uniforms for the APEC 2011 Leaders’ Week in November.

Central Pacific Financial Corp., parent company of Central Pacific Bank, today reported net income for the second quarter of 2011 of $8.2 million, compared to a net loss in the second quarter of 2010 of $16.1 million, and net income in the first quarter of 2011 of $4.6 million.

Congresswomen Mazie K. Hirono and Colleen Hanabusa, along with Alaska Congressman Don Young, yesterday introduced a bill to continue programs providing housing assistance for low-income Native Hawaiian families.

Today, the US Postal Service released a list of offices that will be studied for closure and for the introduction of a “retail-replacement” option directed at affected communities.

Starting December 14, Hawaiian Airlines will be running daily year-round nonstop flights between Sydney, Australia, and Honolulu.

Akina Aloha Tours to receive the Na Wai Eha Award at the upcoming 3rd Annual Ko’i Award Dinner.