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
AIDEA Announces AK CARES Funding Program
The purpose of the AK CARES Funding Program is to provide emergency relief grants to small businesses that were unable to receive support from federal funding made available by the CARES Act.
Explore Fairbanks Launches ‘Explore Local’ Campaign
The “Explore Local” recovery campaign hopes to mitigate the impact on local tourism companies by asking Alaskan residents to make a special effort to patronize these businesses.
Salmonfest Reschedules for 2021
As a festival built around fish, love, and music, we try our hardest to think about everyone involved… We do not believe that it is possible to have the festival as usual.
COVID-19 Disruptions Cause 13.1 Percent Job Loss in April
Alaska’s job count was down 13.1 percent in April from the same month last year, a loss of 42,200 jobs.
MTA Fiber Holdings Completes AlCan ONE
AlCan ONE, which began construction in spring 2019, establishes a secure and reliable fiber connection to any point in the contiguous United States, providing Alaskans with a robust internet transport connection for decades to come.
Future Feature: Budding Industry Battles Black Market
A robust licensing and permitting process offers protection from federal prosecution for the Alaska cannabis industry, but the time and expense of participating in that process has created a market in which licensed businesses are vulnerable to being undercut by black-market prices.
BSNC Acquires Northwest Contracting
Through this purchase, Bering Straits is implementing the strategic plan established by its Board of Directors to diversify and expand its holdings.
TAPS Turns 44
The pipeline is still in fundamentally sound shape and has a few maintenance properties that would be remarkable if it was an old car: the pipeline requires a smaller maintenance staff to keep it running than it used to, and it’s gotten safer and less leaky as it has aged.
In This Issue
Alaska’s Giving Pipeline
May 2020
Few large foundations support “the general good” or social service projects in Alaska, so the Last Frontier has a pretty thin philanthropic layer, according to United Way of Anchorage Vice President Cassandra Stalzer. However, the oil and gas industry has a history of stepping in and filling the gaps in Alaska communities by providing money and volunteers for myriad charitable efforts in the state.