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September 2018

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Articles

Alaska Natives Share Culture, History

Alaska Native corporations have earned positive reputations for their work with government contracting and in the oil and gas industry. However, a number of corporations have balanced and diversified their portfolios with tourism industry assets.

Goldbelt Provides Alaska Expertise on a Global Scale

Goldbelt, Inc. is headquartered in Juneau. It’s an urban Alaska Native Corporation that was formed in 1974, named after a 33,000-acre mineralized zone in Southeast Alaska that stretches along the mainland from Frederick Sound to Berners Bay.

Cash for Community

Philanthropy is a crucial part of the culture at Alaska’s banks and credit unions. Financial institutions such as Alaska USA Federal Credit Union (FCU), First National Bank Alaska, KeyBank, Northrim Bank, and Wells Fargo donate millions of dollars, thousands of volunteer hours, and manifold in-kind gifts annually.

Rock Steady

More than stimulating the Alaska economy through an influx of cash, the mining industry provides much needed jobs to Alaskans living in rural communities. Through partnerships with Alaska Native corporations such as Red Dog Operation and NANA, 55 percent of the 550 year-round jobs at Red Dog are filled by NANA shareholders and NANA companies. And NANA is not the only Alaska Native corporation to take advantage of such partnership opportunities. Iliamna Development Corporation, Calista Corporation, and the Kuskokwim Corporation have all worked to develop businesses that serve the mining sector.

Digitized Trucking

In the trucking industry technological innovations—also referred to as “digitized trucking”—include everything from systems designed to detect and wake tired drivers to semi-autonomous operations to kinetic energy recovery systems, predictive GPS, and electronic log devices. “In some ways, it is a Wild West landscape of the next best thing,” says Paul Carpenter, director of the Heavy Truck and Heavy Construction Equipment Program at Northern Industrial Training (NIT).

Responsible Pain Management

As the opioid crisis deepens in Alaska and the nation, a growing amount of misinformation about the laws, regulations, and recommendations impacting primary physicians and pain management specialists abounds.

Alaska Native Regional Corporation Review

Fiscal year 2017 marked another year of growth for Alaska’s Native Regional Corporations, which brought in billions of dollars to the state and employ tens of thousands of Alaskans. The twelve regional corporations have been busy creating economic opportunities through for-profit enterprises while supporting shareholders through educational opportunities, scholarships, elder benefits, and social and cultural programs.

About the Cover: September 2018

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