HPM Kona grand reopening in November 2016
After working for the company for several years and earning an MBA, Bobby’s son Michael became president and CEO of HPM in 1992. Although the Great Recession of 2007 to 2009 impacted the company, Michael took advantage of low land
prices to open a new O‘ahu branch in 2010, and later acquired Kaua‘i Lumber in Lāwa‘i in 2011. This acquisition enabled Kaua‘i Lumber to offer a broader range of products and services at lower prices, while retaining the original employees of the company. From 2011 to 2014, the company boasted double-digit growth, and opened another Kaua‘i branch in Kapa‘a in 2015. With six branches throughout Hawai‘i and a long history in the building supply business, HPM prides itself in providing both commercial contractors and residential customers with all the products, services, and delivery systems needed to build everything from pre-packaged homes to custom mansions and large developments. HPM’s Kea‘au facility in the Shipman Business Park manufactures and exports custom metal roofing, trusses, pre-hung doors, and wall panels, distinguishing itself as one of the largest truss and wall panel manufacturers in the state. HPM staff in the Home Planning department can walk the aspiring homeowner through the entire process of building a home, from the first phase of selecting a floor plan, requesting bids from contractors, and securing permits, to the last stage of contemplating kitchen and bath features. Michael believes that HPM distinguishes itself in the building supply industry by providing more “personal contact and service.” HPM’s 310 employees statewide are uniquely motivated to strive for excellence in their work because HPM employees own 100% of the company’s stock. Bobby hatched the idea in 1959 with a profit-sharing plan, and recruited his son to develop the program further. In 1977, Michael succeeded in installing the
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KeOlaMagazine.com | May-June 2017
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