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NAN INC. nanhwawaii.com
Nan Inc. is GC on the Hawai‘i State Veterans’ Home project in Kapolei. PHOTO COURTESY NAN INC.
N an Inc. is ranked second among Hawai’i’s Top 25 Contractors in 2023, repeating its second-place finish in 2022 and marking the fifth time the general contractor has occupied the position in the past 10 years. Nan’s revenue is growing,
2022 REVENUE: $465.8M
YEARS IN HAWAI‘I: 33
EMPLOYEES: 761
too, up 6.2 percent from $438.8 million in 2021 to $465.8 million in 2022. The company has 761 employees in Hawai‘i and subcon- tracts 50 percent of its work. Also in 2022, Nan welcomed Sungwon Baik, Building Estimating vice president and Ed Shukri, Civil Estimating vice president to the company. According to self-reported data, 82 percent of Nan’s work last year was in the public sector. Completed 2022 projects include baggage claim handling systems improvements and Overseas Terminal Phase 1 construction for the Hawai‘i Department of Transportation at Daniel K. Inouye International Airport ($25.1 million), and construction of the Apra Medical/Dental Clinic at Naval Base Guam ($66.5 million). The company also continues to build on Guam, with ongoing projects and scheduled completion dates including the $104.5 million P-459 Bachelor Enlisted Quarters H at Naval Base Guam (expected completion in April), and the $206.8 million J-031 Bachelors Enlisted Quarters D & F at Marine Corps Base Guam
Nan Inc. is currently building East Kapolei Middle School Phase 3 (classroom and physical education buildings in foreground with completed Phases 1 and 2 directly behind). PHOTO COURTESY NAN INC.
(expected completion in September). Back on O‘ahu, ongoing projects include the $122.6 million P-911 Bachelor Enlisted Quarters at Marine Corps Base Hawaii, the Daniel Kahikina Akaka Department of Veterans Affairs Community-Based Outpatient Clinic in Kalaeloa and East Kapolei Middle School. “The forecast for Hawai‘i’s building industry still remains positive in the near term,” says Nan Inc. Vice President Ryan Nakaima. “But more in the public and military sectors, as inflation is expected to continue its gradual decline.” Yet other impacts, like rising interest rates, supply-chain issues and extended material/equip- ment lead times, “remain at the forefront of discussion,” Nakaima says. “Fortunately, Nan Inc. was successful in securing a considerable amount of work in 2022 to sustain us well into 2024 and beyond.” – Brett Alexander-Estes
Ryan Nakaima
“Nan Inc. was successful in securing a considerable amount of work.” –Ryan Nakaima, Vice President
26 | BUILDING INDUSTRY HAWAII | JULY 2023
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