News
You want to know—and we want to tell you—what’s happening with Alaska’s businesses: large corporations with thousands of employees or sole proprietorships filling a niche; manufacturers adding value to local resources or engineering firms with decades of specialized experience; or companies centralized in Southcentral or operating across Alaska’s slopes.
Browse below to get a comprehensive look of what’s happening—and why it matters.
Latest News
AIDEA Backs Downtown Anchorage Hotel with $25M Loan Participation
The Wildbirch Hotel, co-developed by Mark Begich, becomes part of the Alaska Industrial Development and Export Authority loan participation portfolio and forms a strategic partnership with Aleut Real Estate.
Alaska Employment: Job Count Rises by 1.7% in March, Unemployment Rate Flat
Unemployment in Alaska held steady at 4.7 percent in March, even as total employment grew by 1.7 percent compared to a year earlier.
Alaska Business Earns Press Club Awards for Cover Design, Feature Writing
This magazine won first place from the Alaska Press Club for cover design and feature writing for work done in 2024.
Anchorage Assembly Approves $1.1B Bond for New Port Cargo Terminal
The Anchorage Assembly authorized a $1.1 billion revenue bond and approved a construction contract for the city-owned port’s Cargo Terminal 1.
Furie Embarks on Kitchen Lights Drilling Campaign
Furie sends jack-up rig to Kitchen Lights Unit for multi-year development plan aided by Alaska Industrial Development and Export Authority.
Alaska News Coalition Launching an Online Public Notice Clearinghouse
Nonprofit newspaper organization Alaska News Coalition prepares to launch a statewide public notice clearinghouse website in May.
T for Tuition: Fairbanks Tea Company Supports Student Workers
Fairbanks-based Sipping Streams Tea Company launched a benefit program to support college tuition for part-time and full-time employees.
Aleut Partners with SpinLaunch to Build Space Catapult on Adak Island
A lease agreement finalized by Aleut regional corporation and SpinLaunch could set up an orbital centrifuge on Adak Island.
Juneau Assembly Approves Áak’w Landing, a Fifth Downtown Cruise Dock
Huna Totem Corporation’s Áak’w Landing project to add a cruise ship dock received Juneau Assembly approval for leased waterfront land.
Latest News
Mat-Su Health Foundation Awards $2.6 Million in Health/Human Services Scholarships
Mat-Su Health Foundation awards $2.6 million in scholarships for residents pursuing health and human services training and degrees.
Vitus Secures $37M Federally Guaranteed Loan to Improve Fuel Infrastructure
Vitus family of fuel delivery companies secures $37 million in US Department of Agriculture loans for infrastructure expansion.
Bay Welding’s Ambitious Seiner: A New Boat for a New Season
Homer-based Bay Welding Services’ new 58-foot seiner marks the company’s entry into full-service custom boat building.
Alaska Business Hall of Fame Names 2026 Laureates
Standouts in construction and housing will be inducted into the Alaska Business Hall of Fame. Junior Achievement of Alaska announced the laureates as well as the Volunteer and Educator of the Year.
Federal Offshore Leases Reimagined for ‘High Arctic’ Planning Area
The next federal offshore oil and gas leasing program will reconfigure Alaska waters into a new High Arctic planning area.
Winners Split $45,000 at 2025 Arctic Innovation Competition
Inventions for home construction, autism adaptation, and Arctic living earned prizes at the 2025 Arctic Innovation Competition.
T for Tuition: Fairbanks Tea Company Supports Student Workers
Fairbanks-based Sipping Streams Tea Company launched a benefit program to support college tuition for part-time and full-time employees.
Aleut Partners with SpinLaunch to Build Space Catapult on Adak Island
A lease agreement finalized by Aleut regional corporation and SpinLaunch could set up an orbital centrifuge on Adak Island.
Juneau Assembly Approves Áak’w Landing, a Fifth Downtown Cruise Dock
Huna Totem Corporation’s Áak’w Landing project to add a cruise ship dock received Juneau Assembly approval for leased waterfront land.
