BUSINESS BRIEFS
Hoku amends contract with solar firm
Advertiser Staff and News Services
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Hoku Scientific Inc., the Honolulu-based clean-energy technology company, said it has agreed to an amended supply contract with Jiangxi Jinko Solar Co. that lowers the amount of polysilicon it potentially can sell to the China-based company.
It said Jinko, formerly known as Jiangxi Kinko Energy Co., now will buy up to $178 million of polysilicon from the plant Hoku is building in Idaho. Previously, the contract called for buying as much as $298 million.
The amended agreement also calls for Jinko to provide discounted water manufacturing services to Hoku.
NOMINEES SOUGHT FOR MARKETING AWARD
The Hawai'i chapter of the American Marketing Association has set a Tuesday deadline to submit nominations for 2008 Marketer of the Year.AMA Hawaii will honor its 32nd Marketer of the Year at a luncheon in April at the Hawai'i Convention Center.
In addition to recognizing the state's top marketer, which can be a person, company or organization, AMA Hawaii will recognize programs implemented by companies or organizations in the areas of nonprofit marketing, e-marketing and marketing of a new product or service.
Entries will be scored according to five criteria: insight, objectives, strategy, tactics and results.
This competition is open to all Hawai'i-based businesses, organizations or professionals. It is not limited to AMA members. To download entry forms or to get more information, visit www.amahawaii.org
DTRIC INSURANCE USING LOCAL SOFTWARE
Honolulu-based Decision Research Corp. said its DecisionMaker Rating policy processing software is being used by DTRIC Insurance.The new software allows DTRIC to consolidate two separate rating services, thereby eliminating duplication.
"DecisionMaker Rating Enterprise allows us to have a unified rating service for both our direct and agency quoting," said Ron Toyofuku, DTRIC president and chief executive officer.
DTRIC was established in 1992 when most insurers were reluctant to offer automobile coverage in Hawai'i because of rising claims costs and strict regulations created by the state's no-fault law. DTRIC stepped in to replace a major insurer who canceled the group automobile program for the state's largest public employee union.
