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09/29/16

Nearly half of Key Private Bank wealth advisors say clients risk losing money by delaying succession planning

POLL REVEALS BUSINESS OWNERS OVERLOOK HOW THEIR DECISIONS IMPACT WEALTH IN RETIREMENT   CLEVELAND, (Sept.28, 2016) – Key Private Bank, the wealth management arm of KeyCorp (NYSE: KEY), today released the results of its latest advisor poll, which examines how the decisions business owners make can impact their wealth in retirement. The poll asked 137 Key Private Bank client-facing advisors, who specialize in working with business owners to navigate exit strategies, manage succession planning and prepare for retirement.   “Whether navigating family dynamics, finding it difficult to let go or making unrealistic assumptions about a company’s valuation, business is often very personal,” said Francis Brown, Wealth Specialist at Key Private Bank....

Posted at 02:39 PM | Permalink | Comments

Sealaska Technical Services Awarded Joint-Venture U.S. Department of Energy Contract

09/29/16

Sealaska Technical Services Awarded Joint-Venture U.S. Department of Energy Contract

Sealaska Technical Services (STS), LLC announced today that its joint venture with Tetra Tech was selected to provide design-build services to the U.S. Department of Energy’s National Nuclear Security Administration (NNSA). Under the Design, Integration, Construction, Communication, and Engineering (DICCE) contract, the joint venture will share in the $400-million contract ceiling over seven years.   The DICCE Contract is administered by NNSA’s Office of Nuclear Smuggling Detection and Deterrence (NSDD) (formerly Second Line of Defense) whose mission it is to strengthen the capabilities and commitment of U.S. partner countries to deter, detect, and interdict illicit trafficking of nuclear and other radioactive materials within the interiors of partner countries,...

Posted at 02:34 PM | Permalink | Comments

Western Alaska Leaders Meet in Seattle to Discuss Future of Region and State

09/29/16

Western Alaska Leaders Meet in Seattle to Discuss Future of Region and State

ANCHORAGE, AK – Representatives from key organizations in Western Alaska met in Seattle last week with the goal of fostering stronger working relationships to overcome shared challenges facing the State of Alaska and the Y-K Delta region in particular. The meeting, which took place on Thursday, September 22nd, was organized by Calista Corporation (Calista) and hosted by Coastal Villages Region Fund (CVRF).   The meeting served as a follow-up to an initial gathering that took place in Bethel in March 2016. All regional organizations were invited, and the following were able to participate:       Andrew Guy – Calista Corporation     Margaret Pohjola – Calista Corporation     Johnnie Evan –...

Posted at 02:19 PM | Permalink | Comments

Letter from Anchorage Chamber of Commerce Chair

09/29/16

Letter from Anchorage Chamber of Commerce Chair

A city is more than just a group of people that live near each other. Strong, successful cities become that way because they are full of citizens, not just residents. Citizens feel a shared sense of destiny, take pride in their community, and translate that pride into action. Anchorage does not sit on a gold mine or oil field, it isn’t the capital, and it only became a major port after decades of political struggle. The only reason it turned itself from a collection of tents in the Ship Creek mud into Alaska’s most vibrant and dynamic city is because of the citizens who believed in their marrow that this was a special place with a great future.   At our founding in 1915, local businesses almost immediately created a Chamber of Commerce dedicated to the betterment...

Posted at 01:27 PM | Permalink | Comments

09/29/16

OPEC to reduce output, Alaska stands to benefit

Out of Algiers, two sources in the Organization of the Petroleum Exporting Countries (OPEC) said the group would reduce output to 32.5 million barrels per day from current production of 33.24 million bpd. "We don't know yet who's going to produce what. I want to hear from the mouth of the Iranian oil minister that he's not going to go back to pre-sanction levels. For the Saudis, it just goes against the conventional wisdom of what they've been saying," said Jeff Quigley, director of energy markets at Houston-based Stratas Advisors. As optimistic news trickles in from abroad, hopefully this helps ease the global low-price environment.   Founder and CEO of Houston-based Burgundy Xploration Paul Basinski said he and his partner in the Icewine project,...

Posted at 01:18 PM | Permalink | Comments

Sikorsky Delivers Alaska's First S-92® Search and Rescue Helicopter

09/29/16

Sikorsky Delivers Alaska's First S-92® Search and Rescue Helicopter

COATESVILLE, Pa., Sept. 29, 2016 /PRNewswire/ -- Sikorsky, a Lockheed Martin Company (NYSE:LMT) today announced that North Slope Borough (NSB), Alaska,  received its first S-92® helicopter dedicated to search and rescue. Acceptance of the aircraft occurred in a ceremony at Sikorsky's commercial helicopter center here. The helicopter will perform the critical mission of search and rescue operations (SAR) for all NSB residents. The aircraft was selected to provide a safe, efficient and reliable airborne response to aero medical evacuation (medevac), SAR and other emergencies. NSB is located above the Arctic Circle and experiences some of the harshest cold weather conditions in the world, with temperatures as low as -55 degrees C with the wind chill. According to the U.S....

Posted at 01:09 PM | Permalink | Comments

09/29/16

Applications being accepted for Chugach Board vacancy

Chugach Electric Association’s Board of Directors has accepted the resignation of director Bruce Dougherty. Dougherty, whose resignation is effective December 14, 2016, said he will be leaving Alaska. As a result, Chugach will have a vacancy on its seven-member board. Applications are being accepted until noon, October 28, 2016.   “I want to thank director Dougherty for his excellent service to Chugach and its members,” said Board Chair Janet Reiser. “We are looking forward to this opportunity for another Chugach member to get involved and help represent all of the interests of our member-owners.”   Dougherty was first appointed to the board in March 2015, elected by the membership in May 2015 to serve a one-year term, and re-elected...

Posted at 01:01 PM | Permalink | Comments

09/29/16

Sullivan Joins Conversation On How to Fix Washington’s Broken Budget Process

WASHINGTON, D.C. – U.S. Senator Dan Sullivan (R-AK) yesterday joined his colleagues, led by Senator David Perdue (R-GA), in a conversation on the Senate floor about fixing Washington’s broken budget process.   Senators Sullivan and Perdue were joined by Senate Budget Committee Chairman Mike Enzi (R-WY), Senator Thom Tillis (R-NC), Senator James Lankford (R-OK), Senator Bob Corker (R-TN), Senator Joni Ernst (R-IA), Senator Mike Rounds (R-SD), and Senator Steve Daines (R-MT).   Click here to watch the Senators’ full speeches or click on the image below.     Highlights:   Senator Sullivan: “A lot of us ran for office – a lot of us for the first time – because we saw what is going on with this...

Posted at 12:57 PM | Permalink | Comments

09/29/16

SnowTRAC grants approved for trail grooming and safety

(Anchorage, AK) –The Division of Parks and Outdoor Recreation has approved funding for two Safety, Signing, and Education projects, as well as snowmobile trail grooming, after receiving input from the Snowmobile Trails Advisory Council (SnowTRAC), the citizen advisory board that reviews Snowmobile Trail Grant Program applications.   A total of $216,815 will be equally divided among 17 organizations for winter trail grooming in the Fairbanks, Mat-Su, Kenai Peninsula, and Juneau areas. And a total of $20,070 will go to two organizations for trail marking and educational trailhead signs. The City of White Mountain will be awarded $10,070 to repair and replace 300 tripod trail markers on the 77-mile trail between White Mountain and Nome, and the Alaska Avalanche Information...

Posted at 09:26 AM | Permalink | Comments

09/29/16

Alaska Air Guardsmen rescue fallen hiker near Pioneer Peak

JOINT BASE ELMENDORF-RICHARDSON, Alaska — Alaska Air Guardsmen with the 176th Wing’s 210th, 211th and 212th Rescue Squadrons rescued one individual in the vicinity of Pioneer Peak late last night. According to the Alaska Rescue Coordination Center, the fallen hiker had a colleague with her, but was unable to walk out even with partner assistance due to her injuries. At the request of the Alaska State Troopers, Air National Guard assets were deployed for the mission, including an HH-60 Pave Hawk helicopter from the 210th Rescue Squadron and an HC-130 King aircraft from the 211th Rescue Squadron. A two-man Guardian Angel team was onboard the HH-60. 212th Rescue Squadron Guardian Angel teams are comprised of a minimum of two pararescuemen and combat rescue officers....

Posted at 09:23 AM | Permalink | Comments

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