Hoku Updates Investors

Hoku updated investors Thursday with their fourth quarter conference call.

During the call CEO Scott Paul said according to company projections production should begin at the Pocatello plant at some point in the next year.

Paul believes that this will lead to an increase in jobs for the Gate City.

Scott Paul, CEO, "We already have 120 people on staff, which is about the right number that we need for starting up and for initial operations. I expect we'll be ramping up to double that head count over the next 12 months."

Hoku was founded in 2001 and is based out of Honolulu, Hawaii.