LIHUE — The Hawaii Technology Development Corporation recently awarded $930,680 in Manufacturing Assistance Program grant funds to 29 Hawaii- based manufacturing companies. Of the companies awarded funding, 23 were first-time recipients of the MAP grant funds.
“It’s great to be able to offer financial support to local manufacturers, knowing that the funding is used to improve their businesses,” said Robbie Melton, executive director and CEO of HTDC. “The grant helps companies expand their production, resulting in more jobs in Hawaii and contributing to the state’s economy overall.”
The 2018 MAP grant awardees on Kauai include: Koloa Rum Company (previously awarded); Anahola Granola LLC and Kauai Island Brewing Company (first-time recipients).
In addition to helping Hawaii manufacturers become globally competitive, INNOVATE Hawaii’s MAP grant gives local manufacturers a chance for expansion and becoming energy efficient.
This year’s funding resulted in 230 full-time positions, including 48 of which have salaries of $80,000 or higher. This brings HTDC a step closer to achieving the 80/80 initiative of creating 80,000 high-paying jobs in Hawaii.
“The support we received from HTDC has allowed our company to purchase innovative new machinery which, in turn, helps improve our product and increase productivity so we can continue to compete in an ever-changing marketplace,” said Susan Hanes, director of development at Dana Labels, Inc.