Dedication ceremony at Concrete Industries plant on Maui - HC&D, Ltd. purchased operating assets of the Kahului Railway Quarry Department and the A&B Commercial Company’s Ready-Mix and Cast Products Department. From these two operations, HC&D formed Concrete Industries, Inc. which operated as a wholly owned subsidiary of HC&D until November 30, 1968 when it was merged into HC&D, Ltd. HC&D completes Phase 2 of construction at Ala Moana Center. When the mall’s construction first begins in 1959, HC&D establishes an on-site batch plant to increase productivity.