Building Industry Magazine - July 2012 - (Page 30)

1 HAWAIIAN DREDGING CONSTRUCTION CO., INC. • Parent Company: Kajima U.S.A, Inc.; Atlanta, Ga. • Construction Specialty: General contractor • Years in Hawaii: 110 • Employees in Hawaii: 545 • Public Sector Work: 41 percent • Work Subcontracted: 62 percent N o. 1 in our historic 25th anniversary of Top 25 is 110-year-old Hawaiian Dredging Construction Co., Inc., securing the top spot for an unprecedented seventh year in a row, despite a $77 million drop in revenue between 2010’s $432 million and $355 million in 2011. And the company is no stranger to its peak position, having claimed it for 18 of the past 25 years. “Given the market conditions, 2011 was a good year for (us),” says William “Bill” Wilson, company president, remarking on the past year, adding that the project with the greatest activity was, by far, Aulani, a Disney Resort & Spa. At the peak of its construction, the project required nearly 1,000 craft labor. In Aulani, Hawaiian Dredging, with its team of subcontractors, built more than 1.2 million square feet of space with 21 acres of site development in a period of less than 32 months. Disney held a much Dedicated in November 2011, the Kapolei Interchange Complex gives motorists new on and off-ramps to Wakea Street. talked about grand opening for the resort in August 2011. The company continues to provide construction services at Aulani, completing the interiors of about half of the timeshare units in an unopened wing of the resort and adding a new food & beverage kiosk to the property. Hawaiian Dredging actually was active on a number of projects that were completed or near completion in 2011. Besides Aulani, these include the Child Care Development Center at Pearl Harbor, Ray & Joan Corps Community Center, Unaccompanied Enlisted Personnel Housing (UEPH) at Schofield Barracks, Kapolei Interchange Complex and Pier 60 site improvements. “We also began work at Halekulani hotel and continued work on the first phase of what’s called the Lahaina Bypass for the state Department of Transportation,” adds Wilson. Offering his forecast for the remainder of 2012, Wilson says, “There continues to be a lot more talk of work than there was a year or so ago. There’s a lot of activity in planning and getting ready to start significant private building work. This means, in terms of the pursuit of work, it’s much better than what it was. But the actual in-place activity is still a bit limited so far this year. “So right now, we’re busy pursuing work. We have a lot of good opportunities and are expecting those to result in more activity in the future than what is currently the situation.” A traditional Hawaiian blessing was held in December 2011 for this six-story UEPH at Schofield Barracks, designed to house 192 personnel. 10 July 2012 • Building Industry TOP 25

Table of Contents for the Digital Edition of Building Industry Magazine - July 2012

Contents July 2012
Hawaii’s Top 25 Contractors
Educating for the Industry
Surviving a Tough Economy
Top Eats
News Beat
Forest City Completes $312M Neighborhood
2012 CAK Home Show Streams Live
Keokea Beach Park Renovation Completed
La Tour Bakehouse Partners with RevoluSun
Pier 29 Construction Complete
NAIOP Awards Honor Commercial Development
NAVFAC Awards $46.6M Contract
Departments
Datebook
Best Practices
Contracts Awarded
Concept to Completion: Marriott’s Ko Olina Beach Club, Phase 5
Low Bids
Spotlight on Success: BEQ, MCBH
News Makers
New Products
July's Features

Building Industry Magazine - July 2012