HONOLULU (HawaiiNewsNow) - Engineers based at Puget Sound Naval Shipyard have awarded $97 million in construction business to five companies. The work will be done in the pacific northwest but one of the companies is Honolulu-based Watts Constructors. The naval facilities engineering command on Saipan awards a $40 million contract to Honolulu-based SSFM International to manage construction work on Guam.
Honolulu-based Tissue Genesis wins an award from NASA for its cell research on shuttle discovery. The company is looking for ways to heal wounds faster. Tissue Genesis has been doing cell regeneration research since its founding in 2001.
American Savings Bank president Tim Schools, who said in April he would leave Hawaii at year's end, now says he will step down this week. Schools says his work is substantially done and he'll leave Friday to move back to South Carolina. Schools recently told Hawaii Business Magazine he reduced American Savings Bank staff from 1,300 to 1,100 employees.
Philpotts & Associates, the design firm that produced the book 'a Hawaiian sense of place,' is opening a second office... in San Francisco. Some of the firm's principals will divide their time between here and there.