Miyake – HPM Building Supply: The Merging of Two Local, Longtime Family Businesses
On August 24, 2020, local Maui family-owned business Miyake Concrete Accessories, Inc. merged with local, fifth-generation, family-founded business HPM Building Supply.
The merger represents the joining of two local, longtime, family businesses to become even stronger together. Miyake and HPM share island values, deep local roots and a longstanding commitment to serving customers, employees, and our local communities.
On Maui, the name, “Miyake,” has been synonymous with trust, reliability and excellent service in the building industry since 1979, when David Miyake founded Miyake Concrete Accessories, Inc. With the merger, Miyake Concrete Accessories’ four building supply stores and one truss manufacturing plant on the Valley Isle will become part of HPM Building Supply – expanding HPM’s operations statewide to 13 locations across Hawaii Island, Oahu, Kauai and Maui.
“As longtime family businesses, we understand each other, and we are stronger together because of our shared island values, deep local roots, and commitment to serving customers, employees and our communities. All of us at HPM welcome the Miyake team to our ohana and look forward to embarking on this journey together.” – Jason Fujimoto, President and CEO of HPM Building Supply
“I built my business on service and relationships, and I am happy for our customers because HPM shares this same philosophy…I am happy for our staff because they will enjoy more benefits as owner-employees, and HPM will invest in their success. I am also happy for our Maui community because, like us, HPM is a big supporter of the community. I am very proud of what we have built over the last 41 years, and I am excited about this new chapter.” – David Miyake, CEO of Miyake Concrete Accessories
HPM Building Supply plans to renovate and rebrand the Maui stores, which will be called “Miyake – HPM Building Supply.” HPM will expand services, products and inventory so that contractors, builders and homeowners on Maui will be able to enjoy an even wider selection of products and services. HPM plans to hire additional staff to supplement the current 35 Miyake employees, and all staff members will become owner-employees of HPM. HPM anticipates integrating systems and operations at the Maui stores through the end of 2020. During the transition period, all Maui locations will remain fully operational.
All of us at HPM are excited about this journey together,
and we welcome the Miyake team to our ‘ohana.
For more information about Miyake – HPM Building Supply, visit our website at: miyakehpmhawaii.com
Source: Hawaii Planing Mill, Ltd.