Tokunaga Elite JV, LLC: Company Profile

Background

Company Overview

Tokunaga Elite JV, LLC is a veteran-owned construction firm based in Pearl City, Hawaii. Established in 2010, the company specializes in a wide range of construction services, including residential remodeling, industrial and commercial building construction, and infrastructure development. Their mission is to deliver high-quality construction solutions that meet the diverse needs of their clients. The company's vision is to be a leading provider of construction services in Hawaii, recognized for excellence, integrity, and commitment to community development.

Industry Significance

As a Service-Disabled Veteran-Owned Small Business (SDVOSB), Tokunaga Elite JV, LLC plays a significant role in supporting federal and state construction projects, contributing to the local economy and infrastructure development in Hawaii.

Key Strategic Focus

Core Objectives

Quality Construction Services: Providing superior construction solutions that adhere to industry standards and client specifications.

Community Engagement: Actively participating in local development projects to enhance community infrastructure.

Sustainable Practices: Implementing environmentally responsible construction methods and materials.

Areas of Specialization

Residential Remodeling: Upgrading and renovating existing residential structures to meet modern standards.

Commercial and Institutional Building Construction: Constructing and renovating commercial facilities, including offices, retail spaces, and institutional buildings.

Infrastructure Development: Building and repairing essential infrastructure such as water and sewer lines, power and communication lines, and related structures.

Key Technologies Utilized

Project Management Software: Utilizing advanced software tools for efficient project planning, scheduling, and resource management.

Building Information Modeling (BIM): Employing BIM for accurate design visualization and coordination among project stakeholders.

Sustainable Construction Materials: Incorporating eco-friendly materials and technologies to promote sustainability.

Primary Markets Targeted

Federal and State Government Projects: Engaging in contracts with federal agencies, particularly the Department of Defense, and state entities for construction services.

Commercial Sector: Serving businesses requiring construction and renovation of commercial properties.

Residential Sector: Providing remodeling and construction services to homeowners.

Financials and Funding

Funding History

As a privately held company, specific financial details and funding history for Tokunaga Elite JV, LLC are not publicly disclosed.

Recent Funding Rounds

Information regarding recent funding rounds is not publicly available.

Notable Investors

Being a veteran-owned small business, the company primarily relies on internal funding and government contracts rather than external investors.

Utilization of Capital

Capital is utilized for project execution, equipment procurement, workforce expansion, and maintaining operational excellence.

Pipeline Development

Key Pipeline Candidates

Tokunaga Elite JV, LLC is involved in several ongoing and upcoming projects, including:

Repair of Helipad at Camp Smith: A project awarded in January 2025, valued at $420,000, focusing on repairing the helipad at Camp Smith, Hawaii.

Repair of FLC Fuel Laboratory Building 1685: A project awarded in April 2021, valued at $1.86 million, involving repairs to the FLC Fuel Laboratory Building 1685 in Pearl Harbor, Hawaii.

Stages of Development

The company is currently in the execution phase for these projects, with completion timelines ranging from several months to a few years, depending on the project's scope and complexity.

Target Conditions

The projects target infrastructure repair and enhancement, focusing on military facilities and related structures.

Anticipated Milestones

Completion of Helipad Repair: Scheduled for mid-2025.

Completion of Laboratory Building Repair: Expected by late 2025.

Technological Platform and Innovation

Proprietary Technologies

While specific proprietary technologies are not publicly disclosed, the company emphasizes the use of advanced construction methodologies and sustainable practices.

Significant Scientific Methods

Project Management Techniques: Employing industry-standard project management methodologies to ensure timely and within-budget project delivery.

Sustainable Construction Practices: Implementing green building techniques and materials to promote environmental sustainability.

AI-Driven Capabilities

The company is exploring the integration of AI and machine learning for predictive maintenance and project optimization, though specific applications are in the early stages.

Leadership Team

Key Executives

Ronald E. Prescott: Contact person for the company.

Professional Backgrounds

Detailed professional backgrounds of the leadership team are not publicly available.

Key Contributions

The leadership team is responsible for strategic direction, project oversight, and ensuring the company's commitment to quality and community engagement.

Competitor Profile

Market Insights and Dynamics

The construction industry in Hawaii is competitive, with numerous firms vying for government and private sector contracts. The market is characterized by a demand for infrastructure development, residential remodeling, and commercial construction.

Competitor Analysis

Hawk-Niking LLC: A Hawaii-based construction firm specializing in commercial and institutional building construction.

D Square, LLC & Au Authum Ki, A Joint Venture: Engaged in design-build and design-bid-build construction projects within Hawaii.

Strategic Collaborations and Partnerships

Tokunaga Elite JV, LLC collaborates with various subcontractors and suppliers to deliver comprehensive construction services. Specific partnership details are not publicly disclosed.

Operational Insights

The company differentiates itself through its veteran-owned status, commitment to quality, and focus on community development, which enhances its appeal for government contracts and local projects.

Strategic Opportunities and Future Directions

Strategic Roadmap

Expansion of Service Offerings: Diversifying into new construction sectors and geographic areas.

Technological Integration: Adopting advanced technologies for project management and construction processes.

Sustainability Initiatives: Enhancing green building practices and sustainable construction methods.

Future Business Directions

The company aims to strengthen its position in the Hawaii construction market by leveraging its veteran-owned status, expanding service offerings, and embracing technological advancements.

Opportunities for Expansion

Federal and State Contracts: Pursuing additional government contracts, particularly those set aside for veteran-owned businesses.

Private Sector Projects: Engaging in commercial and residential construction projects to diversify revenue streams.

Positioning for Future Objectives

Tokunaga Elite JV, LLC's commitment to quality, community engagement, and sustainable practices positions it well to achieve its future objectives and contribute significantly to Hawaii's infrastructure development.