Banks Pacific Construction of Kihei is one of the Maui businesses that will be honored on Thursday, Aug. 15, in Honolulu, when Pacific Business News reveals its 2013 "Fastest 50" List. This is an annual event showcasing Hawai'i companies with rapid and verified year-over-year growth.
Company President Darryl Banks said Victor Corpuz, former First Hawaiian Bank Kihei branch manager, nominated his firm for the honor.
To qualify for the competition, Banks Pacific Construction Inc. reported annual gross sales over three years starting in 2010.
Darryl Banks, president of Banks Pacific Construction
Photo courtesy of Steve Brinkman Photography
Prior to starting his business in 2010, Banks worked on Maui as vice president of a large construction company. But, he said, the time came when he--like many others-- faced a layoff due to the downturn in the economy. He decided to start his own business.
"My friends told me to see a psychiatrist," said Banks.
The Reno, Nevada native began working in construction at the age of 16. He has 37 years of construction experience--nine of those years on Maui. Banks attributes his business success to his ability to do many things simultaneously and his skill in gaining the confidence of his clients.
"You know how construction is," he continued. "It's either feast or famine." Banks said, "since the start of opening up the company, we have been blessed, and it looks like the future is very promising. We are always available and we work hard."
In addition to individual residences, Banks' interests include a wide range of construction projects. Currently, the company is bidding on about a dozen projects. A list of the size and value of recent projects can be found at www.bankspacific.com.
Banks moved to Maui in 2004 to work on Hope Chapel in Kihei. As an active member in the nonprofit sector, Banks is past president of Habitat for Humanity and is currently its director of construction on a 16-unit condominium project in Happy Valley. He is a also a former board member of Big Brothers & Big Sisters Maui.
The Maui construction executive has a degree from the University of Southern Idaho in Business Administration and he's a former professional baseball player for the Chicago Cubs and the Cleveland Indians. He and his wife, Napua, are Kihei residents.