Local Industry News & Notes for Sunday, September 14, 2008

• SBA seeks top small businesses • Koloa Rum Co. begins construction at Kilohana • Hawaiian expects new technology will save big

SBA seeks top small businesses

The U.S. Small Business Administration is seeking nominations on Kaua‘i for its annual Small Business Awards in 2009.

As part of the annual celebration of National Small Business Week, SBA recognizes outstanding small business owners, entrepreneurs and advocates for their contribution to the economic vitality of the state and nation.

The 2008 awards recognized Tip Top Motel and Cafe in Lihu‘e as the best family-owned small business in Hawai‘i.

Categories include small business person, family-owned business, young entrepreneurs and entrepreneurial success. The SBA Champion Awards honor the following: minority small business champion, women in business champion, veteran small business champion, small business journalist, financial services champion and home-based business champion.

The deadline to submit nominations is Nov. 14. For printed nomination forms or more information, call Jane Sawyer at (808) 541-2990, ext. 205, or e-mail jane.sawyer@sba.gov


Koloa Rum Co. begins construction at Kilohana

Koloa Rum Co. recently began construction on its new tasting room and gallery located at the historic Kilohana Plantation on Kaua‘i. The tasting room is scheduled for completion in early 2009 and will be the first gallery location of its kind in Hawai‘i.

“Kilohana Plantation is the perfect location for our new building, which is designed in classic, plantation-style architecture. It’s the perfect setting to feature Kaua‘i’s first and only authentic, premium Hawaiian rum,” Greg Schredder, CEO and chairman of Koloa Rum Co., said.

The 1,800-square-foot tasting room and gallery will offer a portfolio of premium rums and other food and beverage products. The gallery will feature works from local artists as well as the artwork of “tall ship” artist-historian Raymond A. Massey, whose works are also featured at the Smithsonian.

Rum production is planned for early 2009 to coincide with the opening. The general contractor for the project is Kaua‘i-based B&P Construction.

For more information, call 742-1616 or visit www.koloarum.com


Hawaiian expects new technology will save big

Hawaiian Airlines has signed an agreement with Aviation Partners Boeing to purchase blended winglets for installation on eight Boeing 767-300ER jets, and options to purchase seven additional pairs.

The winglets, which stand 11 feet tall and extend upward from the end of each wing, will reduce the drag caused by the traditional wingtip design and are expected to save Hawaiian up to 5 percent in fuel consumption, resulting in a savings of more than 300,000 gallons of jet fuel annually per aircraft.

Mark Dunkerley, Hawaiian’s president and CEO, said the company is one of the industry’s first B767 operators to purchase and install the winglets, which are expected to receive FAA certification later this year.

“Being among the first airlines to install fuel-saving winglets on the Boeing 767-300ER aircraft is another important step in Hawaiian’s strategy to be an industry leader in introducing innovations that keep costs down and help the environment,” Dunkerley said. “This technology investment keeps us at the forefront of the industry at a critical time.”

Installation of the winglets on the eight aircraft is scheduled to begin in September 2009 and be completed in 2010.

In addition to fuel savings, other benefits of the winglets include increasing the weight that the aircraft can carry and/or range of the aircraft, reducing engine maintenance costs, improving take-off capabilities and reducing carbon dioxide emissions.

Aviation Partners Boeing, a joint venture of Aviation Partners Inc. and The Boeing Co., estimates that the installation of Blended Winglets on an aircraft saving 300,000 gallons of jet fuel can reduce carbon dioxide emissions by more than 3,000 tons annually.

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