HTDC’s MAP Grant Helps Pacific Biodiesel with Manufacturing Expenses on Oahu, Hawaii IslandPosted on Oct 24, 2018 in News
Hawaii Technology Development Corporation
For Immediate Release: October 24, 2018
HONOLULU—The Hawaii Technology Development Corporation (HTDC) provided more than $900,000 in grant funds to 29 Hawaii-based manufacturing companies in June. The Manufacturing Assistance Program (MAP) grant assisted Pacific Biodiesel with funding for equipment purchases and qualified manufacturing expenses for its 5.5 MMgy biodiesel plant and value-added product development on Hawaii Island and waste oil collection center on Oahu.
At its Oahu facility, Pacific Biodiesel upgraded its wastewater pretreatment equipment and centrifuge system to increase the recovery of yellow and brown greases from trap waste. On Hawaii Island, qualified manufacturing expenses included an ISO container loading platform, a pretreatment filtration trough system and three new reactors for more efficient production and storage capabilities. A previous MAP grant assisted Pacific Biodiesel with funding to upgrade processing equipment for the company’s new line of natural beauty oil products.
“With the developing technology landscape, we’re excited to be able to support our local tech and manufacturing companies through administering these grants,” said Robbie Melton, executive director and CEO of HTDC. “Beyond their monetary value, these grants support hiring employees for high-wage jobs and help put Hawaii on the map as an innovator for manufacturing.”
Twenty-three of the 29 local companies are first-time recipients and six, including Pacific Biodiesel, were repeat recipients of the grant.
The MAP grant provides up to 20 percent reimbursement (up to $100,000 per company) on qualified expenses, which totaled an investment greater than $6 million by the companies that received funding this year. The qualified expenses that companies can receive reimbursement for include equipment purchases, training, energy effiency projects, and manufacturing feasibility studies.
The MAP grant is administered by HTDC’s INNOVATE Hawaii, a national program funded by the U.S. Department of Commerce’s National Institute of Standards and Technology, which provides assistance to Hawaii manufacturers to grow and expand their business. Additional information about the MAP grant and INNOVATE Hawaii can be found at HTDC.org.
# # #
About HTDC (Hawaii Technology Development Corporation)
HTDC is a state agency, attached to the state Department of Business, Economic Development and Tourism (DBEDT). HTDC’s mission is to facilitate the development and growth of Hawaii’s high technology industry. HTDC is providing capital, building infrastructure and developing talent to foster innovation and diversify Hawaii’s economy. HTDC’s 80/80 Initiative is to create 80,000 new tech and innovation jobs that will provide high paying jobs for Hawaii residents.
About Pacific Biodiesel
Headquartered in Kahului, Pacific Biodiesel was birthed in 1995 in response to serious environmental and health concerns surrounding unmanageable quantities of used cooking oil at the Central Maui Landfill. Robert King, then owner of King Diesel that maintained the landfill’s generators, proposed converting the restaurant waste into biodiesel that would fuel the generators. Within a year, his proposal was a reality. The original small-scale plant — recognized as one of the first commercially viable biodiesel plants in the U.S. — marked the beginning of the company. Since opening and operating the very first retail biodiesel pump in America, Pacific Biodiesel has built a solid reputation as a leading pioneer in the rapidly expanding biodiesel industry.