Ocean shipper Horizon Lines' stock closed at $10.75 on the New York Stock Exchange, 7.5 percent above its IPO offer price of $10 a share. Horizon's 12.5 million shares priced last night at the low end of the $10 to $12 range it set in its most recent prospectus. Horizon is the second largest shipping company serving Hawaii.

Boys and Girls Club gets pro bono ad campaign

Ad 2 Honolulu has selected the Boys and Girls Club of Hawaii as the recipient of its annual pro bono Public Service Campaign.

The Boys and Girls Club was selected from more than 60 nonprofit organizations that applied for the program offered by Ad 2, an organization for young advertising professionals. The year-long pro bono campaign, estimated to be worth more than $1 million, includes marketing, public relations, and advertising in print and on television and radio.

"We chose the Boys and Girls Club of Hawaii as the recipient of this year's campaign because of its long history providing public service to the community," said Brent Shiratori, Ad 2 Honolulu's Public Service Campaign director.

Nan Inc. gets contract for Schofield Barracks work

Honolulu-based Nan Inc. was awarded a $29 million contract to remove barracks at Schofield Barracks. The job is expected to be completed by January 2008.

Nan was chosen from two bidders. The contractor is the U.S. Army Corps of Engineers, Fort Shafter.