Travaasa named best in Hawaii
HANA - The Travaasa Hana has been named among the best in Hawaii for premium resort service by Travel + Leisure's 2012 World's Best Awards survey.
The East Maui property earned the No. 2 spot behind The Four Seasons Resort Hualalai on the Big Island. The Four Seasons Resort Maui at Wailea came in at No. 3.
Kona energy lab receives $3B grant
HONOLULU - The U.S. Commerce Department is awarding a $3 million grant to the Natural Energy Laboratory of Hawaii Authority to support the development of alternative energy sources and biotechnology.
The Big Island lab estimates the grant will create nearly 1,000 jobs and $1 million in private investment.
The funds will help pay for the renovation of an existing business incubator located in the authority's Kailua-Kona technology park into an alternative energy and biotechnology demonstration incubator.
The department said Tuesday the new facility will provide space for business tenants that have completed the research stage for their products, but need further technology development and demonstration prior to commercialization.
Heide & Cook sells nearly all its assets
HONOLULU - Hawaii mechanical contractor company Heide & Cook announced Tuesday nearly all of its assets have been purchased by Hawaii HVAC, LLC.
Heide & Cook, Ltd. incorporated in 1950 and filed for Chapter 11 bankruptcy earlier this year.
The sale was approved by the U.S. Bankruptcy court last month. Current employees have been retained and Earle Matsuda remains president.
As part of the transaction, Hawaii HVAC changed its name to Heide & Cook, LLC.