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POSTED: Wednesday, November 25, 2009

Virginia firm earns harbor contract

Virginia-based TEC Inc. has won a $400 million, seven-year contract from the U.S. Department of Transportation Maritime Administration Office to streamline development efforts to improve Hawaii's commercial harbor facilities.

The company has operations in Hawaii and, for the new contract, has partnered with CH2M Hill, Integrated Concepts & Research Corp., Moffatt & Nichol, Bermello Ajamil & Partners Inc., Hoakea Communications LLC, Martin Associates, Harbour Mastery Inc. and Sea Engineering Inc. in order to meet the Maritime Administration's needs.

The Maritime Administration will oversee TEC personnel during completion of all phases of the port infrastructure expansion program.

Aloha Air Cargo offers discounts

Aloha Air Cargo has announced a 30 percent off discount program for interisland general freight shipping from Tuesday through Dec. 24.

Hawaii residents needing to ship goods interisland can obtain a coupon for the discount with free registration at http://www.alohaaircargo.com.

Those redeeming the coupon must show proof of Hawaii residency, and shipments must be prepaid.

Shipments are subject to a $14.95 minimum charge, plus applicable fuel surcharge and federal transportation tax of 6.25 percent.

Mobi PCS hires for expansion

Honolulu-based mobile phone company Mobi PCS will open a new store Friday at 87-2130-A Farrington Highway in Nanakuli, next to Fastop.

It has hired three new employees for the retail expansion and now employs approximately 100 people across the state.

Store hours for the Nanakuli Mobi PCS will be 10 a.m. to 7 p.m. from Monday through Saturday.

Mesa, attendants reach tentative pact

Mesa Airlines, the majority owner of go! Mokulele, has reached a tentative agreement with the Association of Flight Attendants through mediation with the National Mediation Board.

The agreement is subject to union ratification.

Saab purchase falls through

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DETROIT » A Swedish automaker has backed out of a deal to buy Saab from General Motors Co., casting serious doubt on the future of the troubled brand.

Koenigsegg Group AB said yesterday it has decided to scrap the deal, which was announced in June. Financial details of the acquisition were not disclosed by GM.

The collapse of the Saab sale is the third GM deal to fall through this year for a variety of reasons.

GM Chief Executive Fritz Henderson says the company is disappointed in the decision and will take the next several days to figure out what to do.

Heinz profit tumbles 16 percent

PORTLAND, Ore. » H.J. Heinz Co. says its business is thriving in emerging markets, but the recession continued to drag down its U.S. and European sales during the second quarter as shoppers limited spending or chose lower-priced products.

The food maker reported yesterday that its quarterly profit fell 16 percent from last year, when the company's results were boosted by currency shifts. But it boosted its full-year guidance, saying it will invest heavily in market to spur growth in its sluggish markets.

Heinz earned $231.4 million, or 73 cents a share, for the quarter, down from $276.7 million, or 87 cents a share, a year earlier.

The prior year's results included a gain of 18 cents per share related to currency hedging.

Revenue climbed 2.5 percent to $2.67 billion.

ON THE MOVE

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Kuakini Health System has rehired Quin Ogawa as vice president of fiscal services and chief financial officer. He was previously at Shriners Hospitals for Children in Honolulu as well as a senior internal auditor, corporate auditor, accounting manager and controller at Kuakini Health System from 1996 to 2005.

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Sharon Serene Creative has promoted Neazel Calaro to account executive from account coordinator and Reena Johnson to senior account executive from account executive.

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Renee Rogers has teamed up with Carol and Briggs Christie of Christies by the Sea as a licensed Realtor. She has 21 years of licensed Realtor experience.

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Aqua Hotels & Resorts has appointed Gary Rohanna to director of operations at the Waikiki office. He has 14 years' experience and was previously general manager of Loews Beverly Hills Hotel, and also worked at Loews Annapolis Hotel, Loews Coronado Bay Resort, the Metropolitan Hotel, Loews' flagship and the Regency in New York City.

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RevoluSun has hired Marcus Jones as a partner in development and operations. He has a decade of experience in planning and execution of multibillion-dollar programs.