Tongass Trading Company: A Lasting Legacy in the First City
by Katie Pesznecker | Jun 30, 2025
Voters Put Wage and Hour Initiative on Track to Passage
Ballot Measure 1 increases the minimum wage to $15 per hour by 2028 and mandates that most private employers provide paid sick leave.
Hilcorp Completes $1B Purchase of Eni’s North Slope Assets
Hilcorp takes over the Oooguruk and Nikaitchuq near-offshore units from Italian energy company Eni SpA in a deal valued at $1 billion.
Northrim BanCorp Acquires Sallyport Commercial Finance
Northrim BanCorp, parent of Alaska-based Northrim Bank, announces its $53.9 million purchase of Texas-based Sallyport Commercial Finance.
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Credit Union 1 Answers Skagway’s Call for Greater Financial Access
Credit Union 1 plans to open a Skagway branch in April after Skagway municipal leaders signaled a desire for more financial options.
Holland America Line Announces Multi-Year Expansion to Enhance Denali Lodge
Holland America Line plans a $70 million investment over three years in Denali Lodge to enhance Cruisetours offerings for guests.
Cache Energy Heat Storage Pilot Project Launches in Anchorage
A portfolio company of Launch Alaska installed its first long-duration energy storage pilot project in Anchorage. Cache Energy developed a technology that uses limestone-based pellets as a medium to store heat in a reversible chemical reaction.
Alaska Employment: Construction Job Growth Offsets Seafood Processing Losses in July
Unemployment in Alaska held steady at a seasonally adjusted rate of 4.5 percent for a third month in a row despite 6,900 more jobs than in July 2023.
American Honda Trains Mechanics for Local Repairs
Four technicians from American Honda went to Scammon Bay to train—and learn from—Coastal Villages Region Fund mechanic/welders who keep ATVs and boat motors running.
Ch’bala Corners: Next Phase of Affordable Housing in Spenard
A year after it began, Phase II of Cook Inlet Housing Authority’s Ch’Bala Corners residential development is celebrating completion.
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It’s back! Alaska Business is hosting a celebration for our readers’ favorites at the Anchorage Brewing Company. Gather on July 17, 2025, for a festive gathering honoring business excellence with live music, food, drinks, fun games, and more!
The Alaska Academy of Physician Assistants is hosting its All-Alaska Medical Conference.
The Resource Development Council is thrilled to be celebrating fifty years of supporting Alaska’s resource industries, and it invites members and nonmembers to celebrate this milestone.
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Calista Corporation
Associated General Contractors of Alaska
Personnel Plus
Thomas Head & Greisen, PC
SeaTac Marine
Lynden
American Marketing Association Alaska Chapter
Anchorage Economic Development Corporation
Doyon, Limited
Span Alaska Transportation
Oxford Assaying & Refining
SES Space & Defense
PeopleAK
ASRC Energy Remediation
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Atwood Foundation Keeps Executive Director in the Family
The new Executive Director of the Atwood Foundation succeeds her father in the role. The board of the Anchorage-based philanthropic fund supporting journalism, arts, and culture chose Sara Perman to lead the organization now that her father, Ira Perman, is retiring.
Alaska Legal Services Corporation Appoints New Executive Director
Alaska Legal Services Corporation selected Maggie Humm as Executive Director, a position she had been holding on an interim basis for six months prior.
Calista Brice Hires Director of Safety and Risk
Calista Brice, a holding line for nineteen construction and environmental subsidiaries of Calista regional corporation, hired Mac Stevens as Director of Safety and Risk.
ANTHC to use $440 Million for Water and Wastewater Improvements in Rural Alaska
The Alaska Native Tribal Health Consortium has received $440 million in funds to address water and wastewater needs in rural Alaska.
JA of Alaska Builds Workforce Foundations
Junior Achievement of Alaska is doing its part to build a qualified, quality workforce to power Alaska’s future, setting up the state’s youth for career and financial success.
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