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About the Cover
This is the 20th year that Alaska Business Monthly has honored the Top 49ers,
the leading Alaskan-owned and -operated companies, based on revenues. Pictured
on the cover are leaders of the businesses that have made our list for 20
consecutive years. The Top 49ers Special Section begins on page 68.
Departments
Inside Alaska Business 8
Events Calendar 26
Market Squares 104
Alaska Trends 127
Index of Advertisers 130
Finance
Protect Your Business From Credit Card and Check Fraud 10
There are measures you can take to prevent yourself from being victim of fraud.
By James L. Cloud.
Oil & Gas
Broken Promises 12
The shallow gas leasing program was curtailed, leaving two mining companies the
option of converting pending leases to a conventional gas exploration license
application. By Patricia Liles.
Applause
A Man of Service: John T. Kelsey 18
This entrepreneur is honored by Alaska Business Monthly for his “Lifetime
Achievement in Business.” By Vern C. McCorkle.
Oil & Gas
Alaska Natural Gas Development Authority 20
ANGDA’s first report to Alaskans lays it all out, publicly. By Vern C. McCorkle.
Oil & Gas
After 30 Years, It’s Time 24
With LNG import and export facilities springing up (or threats to do so) on
every coast from China to the Bahamas, it is time to flex our muscles. By Paula
Easley.
Alaska This Month
Anchorage Hosts the 2004 Beringia Days Conference 30
This free event brings together Russian and American scholars, researchers,
environmentalists and more. By Steve Pilkington.
Construction
Find the Right Contractor for Your Home Improvement Project 34
There are steps to protect yourself when you are hiring a contractor to work on
your home. By Chris Eshleman.
Small Business Spotlight
Luthier is Homer’s ‘Sultan of Strings’ 40
Driven by passion, Craig Stempniak makes and repairs guitars, and offers
lessons, all from his home in Homer. By Chris Bernard.
Small Business Spotlight
Guitar Bridge Pins Produced for Specialized Market 44
For this Seldovia resident, fossil ivory makes sound science. By Chris Bernard.
Native Business
Native Corporations Form Prosperous Joint Ventures 46
These corporate marriages can be made in heaven if carefully thought out. By
Julie Stricker.
Insurance
Health Insurance: Big Benefits for Small Companies 52
Are you so small you can’t afford health insurance for your employees? There may
be options. By Deborah J. Myers.
Communications & Technology
No Place Too Far 58
Communicate via fax, Internet or phone anywhere, even the remotest parts of
Alaska. By Kent L. Colby.
Travel & Tourism
A Creative Getaway 64
This center, located at Halibut Cove just a short boat ride away from Homer,
provides guests a relaxing atmosphere with artistic flair. By McKibben Jackinsky.
Special Section: ABM’s Top 49er Companies
Top 49ers Introduction 68
Top 49ers Listing 68
Top 49ers Listed Alphabetically 85
Top 49ers by Business Category 86
Top 49ers 20-Year History 87
Furniture Enterprises of Alaska Expands Operations 92
This business owner had a rough start, but tenacity got him through. By Gary L.
Martin.
Arctic Slope Regional Corp. Revenues Top $1 Billion Again 96
Revenues are up, but corporate profits are down. By Gary L. Martin.
Chenega Corp.: Revenues Keep Rising 100
This Native village corporation tripled revenues in 2002 and doubled them in
2003. By Vanessa Orr.
Customer Satisfaction Key to Northern Sales Success 102
Familiar in Southeast, this company has now expanded to other areas. By Vanessa
Orr.
Transportation
A Matter of Delivery 106
Through rain, wind and snow, air cargo companies across the state deliver on
demand. By Nicole Bonham Colby.
Finance
Planning for the Future: Trusts and Escrows 110
Your financial institution and lawyer can help you protect your assets for your
heirs. By Stacey Saunders.
General
State of the Economy 116
Alaska faces challenges as it works to strengthen and diversify its economy. By
Regan Stewart.
Fishing
Korea Ripe for Alaska Salmon 120
Bad breaks for Asia open doors for Alaska to increase salmon sales there. By
Richard Schmitz.
Business Spotlight
ICL Financial Services 124
Optimizing benefits for asset protection or transfer, and employer-employee
benefit programs. By Vern C. McCorkle.
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