The good news is that the majority of construction projects that take place in the 49th State are financed by federal funds; the bad news is that the state’s general fund, which is used to provide matching money to move these projects forward, has been reduced.
Most experts indicate that the Last Frontier has turned the corner and in 2020 will claw its way out of the recession that started several years ago. However, the recovery is not expected to be uniform, as Anchorage remains in recession and many of the impacts of the state’s budget cuts have yet to play out.
Cornerstone General Contractors is proud to announce and welcome David LaMont as a Cost Estimator/Project Manager.
Six outstanding Alaska business leaders will join the Alaska Business Hall of Fame at the annual Junior Achievement recognition event in January.
The Associated General Contractors of Alaska (AGC) elected a new executive board of directors to close out AGC’s annual conference held at the Captain Cook Hotel.
Bowhead Transport, LLC, a subsidiary of UIC, was busy for most of the summer hauling construction materials and supplies into Mertarvik, where residents of Newtok are relocating.