Representative Jon Riki Karamatsu
House Floor Written Comments
House Bill 3077, House Draft 2
Tuesday, March 7, 2006
I rise in support.
This bill authorizes up to $15,000,000 in Special Purpose Revenue Bonds to assist Rosette Steel Hawaii LLC in a manufacturing enterprise. The company will build a new facility to manufacture affordable home trusses and panels. Rosette Steel Hawaii LLC's affordable housing technology produces a superior grade steel product, which enables homes to be erected quickly and affordably. When completed, the facility will be able to produce six affordable homes per day. Finally, Rosette Steel Hawaii LLC's products and technologies can also be exported to other countries.
