Industry
Every Alaska industry is an important part of the state’s economic fabric. Alaska’s well-known industries like oil and gas, mining, and fishing are inextricably linked with engineering services, financial institutions, healthcare facilities—even nonprofit endeavors. It is our goal to cover businesses in all of Alaska economic and geographic sectors, from family-operated farms in the Mat-Su and manufacturers in Fairbanks to budding cannabis dispensaries, tourism-based entities in Southeast, or Southcentral’s large retailers.
Latest Industry News
SBA Alaska District Recognizes Top Lenders for 2023
Evergreen Business Capital, McKinley Alaska Growth Capital, and Northrim Bank honored by US Small Business Administration Alaska office.
Alaska Railroad Poised to Issue Bonds to Replace Seward Passenger Dock
A thirty-year commitment from Royal Caribbean helps the Alaska Railroad make the case for more bonding authority to pay for a more elaborate $137 million passenger dock in Seward.
Economic Value Reports Highlights Seafood Industry’s Impact in Alaska
The 2024 update of The Economic Value of Alaska’s Seafood Industry report acknowledges market struggles in 2022 and 2023.
Spill Response Barge Ready for Prince William Sound
A state-of-the-art oil spill response barge built by Elliott Bay Design Group and Dakota Creek Industries is ready for duty in Prince William Sound.
Alaska and Yukon Collaborate to Improve the Alaska Highway
Alaska and the Yukon territory agreed to improve the section of the Alaska Highway from Kluane Lake to the border, bolstered by $31 million in funding recently approved by the Federal Highway Administration.
Alaska Energy Authority, Tanana Chiefs Conference Split $124M for Solar Power
Tanana Chiefs Conference and the Alaska Energy Authority, in partnership with the Alaska Housing Finance Corporation, each get $63,450,000 from the US Environmental Protection Agency to develop residential solar power systems for low-income and disadvantaged communities.
West Susitna Access Road Touted at Mat-Su Economic Summit
West Susitna Access Project is touted as a road to revenue for the state and the Matanuska-Susitna Borough at Mat-Su Economic Summit.
Nontraditional Experience
To expand the hiring pool, government and private sector employers are looking at qualifications beyond direct experience or education.
Making History
The track of oil and gas development in Alaska shows the footprints of bold companies and hard-working individuals who shaped the industry in the past and continue to innovate today. The May 2024 issue of Alaska Business explores that history while looking forward to new product development, the energy transition for the fishing fleet, and the ethics of AI tools in business.