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Business Briefs

For Friday, July 23, 2010

By Star-Advertiser Staff and News Services

POSTED:


Tesoro Hawaii shuts for maintenance

Tesoro Corp. has shut process units at its Kapolei refinery for maintenance, according to a Bloomberg News report yesterday.

The planned work, begun about a week ago, is scheduled to last about 30 days, said the report, citing a person familiar with the situation.

Lynn Westfall, a spokesman for Tesoro, didn't immediately return an e-mail seeking comment.

The Kapolei refinery can process 95,000 barrels of oil a day.

Disney resort to take reservations

Aulani, the Disney Resort & Spa being built at Ko Olina, will begin accepting reservations for hotel rooms and vacation packages on Aug. 2 through the Walt Disney Travel Co.

The resort is scheduled to open for its first guests on Aug. 29, 2011.

Introductory room rates start at $399 per night.

Reservations can be made at www.disneyaulani.com, or call 866-44-DISNEY.

First Wind picks engineering firm

RMT Inc., a renewable energy services unit of Wisconsin-based Alliant Energy Corp., has been selected to provide engineering and construction services for a wind farm in Kahuku.

The 30-megawatt project being developed by First Wind LLC of Newton, Mass., is expected to be completed by the end of this year, RMT said. The system will consist of 12 wind turbines, each with 2.5-megawatt capacity that can generate up to 83 million kilowatt-hours annually.

The electricity will be sold to Hawaiian Electric Co. under a purchase power agreement approved by the state Public Utilities Commission in May.

RMT built a wind farm for First Wind last year in Milford, Utah.

Martin & MacArthur opens on Maui

Local koa furniture manufacturer and retailer Martin & MacArthur is slated to open the first in a planned line of resort stores today at the Westin Maui Resort & Spa.

The resort stores, dubbed Martin & MacArthur Makai, will be smaller than the company's typical stores at shopping centers and will carry home accessories and gifts appealing to resort guests, the company said.

The Westin Maui store is 1,200 square feet and will employ four people. Operating hours will be from 7 a.m. to 10 p.m., longer than regular stores. Martin & MacArthur has five stores plus a factory showroom in Hawaii. More resort stores are planned over the next 18 months.

Amazon earnings jump 45 percent

SAN FRANCISCO » Amazon.com Inc. said yesterday that its second-quarter income jumped 45 percent, bolstered by shoppers who spent more with the online retailer even as consumer confidence fell overall.

The Seattle-based company earned $207 million, or 45 cents a share, compared with $142 million, or 32 cents a share, in the same quarter last year.

Separately, Amazon said it has struck a deal that will give it exclusive rights to sell some of the great works of 20th-century literature in electronic form. An agreement with the Wylie Agency gives Amazon exclusive rights for two years to sell e-book versions of novels including Saul Bellow's "The Adventures of Augie March" and Philip Roth's "Portnoy's Complaint," among others.

On the Move

Philip K. White & Associates has hired Cheryl S. Ing as project manager for the firm. She was previously a project manager and project coordinator for several Honolulu-based firms where she did commercial and high-end residential construction designs and projects.

***

Aloha Pacific Federal Credit Union has announced the winners of the 23rd annual Masami Oishi Memorial Scholarship Fund: Tiana Aina, Megan Chock, Rachel Denzer, Amelia Fong, Yuki Gao, Lloyd Lopes Jr., Jennifer Lum, Sasha Tokuda, Nel Venzon Jr. and Candace Yonashiro.

***

Bank of Hawaii has promoted and hired the following:

» Brent Flygar to senior vice president and director of corporate tax from vice president and corporate tax manager in the controllers department. He was previously senior manager at Ernst & Young in Las Vegas.

» Gary K. Iki is senior vice president and manager of the special assets department. He was previously chief executive officer and managing member of Pacific Financial Solutions.

» Scott Kuioka to senior vice president and portfolio manager in investment management services from vice president and portfolio manager in the bank's private client asset management department.






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