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The Honolulu Advertiser
Posted on: Thursday, January 28, 2010

BUSINESS BRIEFS
Aloha Air Cargo sets up repair unit

Advertiser Staff and News Services

Hawaii news photo - The Honolulu Advertiser

Aloha Air Cargo's new unit, Aloha Tech Ops, is offering its repair and maintenance services to other airlines. The company is hiring workers to repair Boeing 737s.

ADVERTISER LIBRARY PHOTO | November 2009

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Aloha Air Cargo has formed a new unit that will maintain and repair airframes and engines for other airlines.

The unit, Aloha Tech Ops, already has signed a contract with Alaska Airlines to maintain its fleet of Boeing 737 aircraft in Hawai'i starting in February. WestJet Airlines also recently signed a deal with Aloha Tech Ops.

The company said it is hiring about a dozen workers experienced in Boeing 737 maintenance.

Aloha Air Cargo is owned by Seattle-based Saltchuk Resources, which also owns Young Brothers/Hawaiian Tug & Barge.

TISSUE GENESIS INC. LANDS $1.1M DEAL

Honolulu-based Tissue Genesis Inc. will receive $1.1 million for the rights to license its regenerative cell technology to a Mainland company for use in treating pelvic health disorders.

Under the agreement, American Medical Systems has a four-year option to obtain exclusive distribution and license rights to Tissue Genesis' regenerative cell technology, including the Tissue Genesis Cell Isolation System, with an additional two-year right of first refusal, according to a news release from the two companies.

The Tissue Genesis Cell Isolation System processes a small amount of the patient's own adipose tissue into a concentration of millions of regenerative cells, according to the release. Those cells can be coated onto artificial implants or injected into damaged tissue, to improve circulation and support the formation of new tissue.

VERIZON CELL SITE TO BOOST KōLOA COVERAGE

Verizon Wireless said it has activated a new cell site that will enhance wireless coverage and data capacity in the Kōloa area on Kaua'i.

The new cell site is part of its continuing investment to improve its service in Hawai'i, Verizon said. The company said it spent more than $28 million in the state last year on its Hawai'i network. Nationally, the company has invested more than $50 billion since it was formed in 2000.