Fifth-generation, family-owned HPM Building Supply has merged with Miyake Concrete Accessories to expand HPM’s presence across Hawaii.
Miyake Concrete Accessories operates four building supply stores and one manufacturing truss on Maui. HPM plans to renovate and rebrand the Maui locations, which will be called Miyake-HPM Building Supply. Additional staff will be hired to support the current 35 Miyake employees. HPM is completely employee-owned through its employee stock ownership plan, and therefore all Miyake staff members will become HPM owner-employees.
“The name, ‘Miyake,’ has been synonymous with trust, reliability and excellent service in the building industry on Maui,” says Jason Fujimoto, president and CEO of HPM Building Supply. “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.”
“I built my business on service and relationships, and I am happy for our customers because HPM
shares this same philosophy. Now contractors, builders and homeowners on Maui will have a wider selection of products and services and more one-stop convenience. 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,” says Miyake Concrete Accessories CEO David Miyake, who founded the company in 1979.
In 2017, Hardware Retailing profiled HPM Building Supply about their approach to teamwork and how that commitment to team unity has empowered the business.