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.
Tag: USDA
BBNC Takes Majority Interest in Alaska Growth Capital
Bristol Bay Native Corporation is the new majority owner of Alaska Growth Capital, after holding a minority stake since 2022, when McKinley Management acquired the business line from Arctic Slope Regional Corporation.
Palmer Slaughterhouse Dodges Closure with Purchase by Soldotna Rancher
Soldotna rancher Ben Adams is the new owner of the Palmer USDA-approved slaughterhouse, keeping options open for store sales of Alaska meat.
State Awards $254,000 to Five Specialty Crop Projects
Five Alaska agricultural programs get a boost this year from federal funds for projects ranging from cooking classes to potato production.
Alaska Seafood Marketing Institute Gets More Than $5M to Boost Seafood Sales
Funds from three federal sources help Alaska Seafood Marketing Institute develop a pet food brand and improve overseas market potential, among other projects.
USDA Releases Bids to Purchase Alaska Seafood
The US Department of Agriculture is purchasing more than 1.7 million cases of canned salmon and 15 million pounds of Alaska pollock for its nutrition programs.
Grant Funds Expansion of North Slope Fiber
A $25 million grant will expand the North Slope fiber network, bringing high-speed internet to the community of Nuiqsut.
USDA Rural Development Funding for a Hotel, Helicopter, and Seafood Processor
US Department of Agriculture grants and loan guarantees pay for village infrastructure upgrades, new fishing vessels, and a helicopter.
Federal Cash Pays for North Slope, Kodiak Island Broadband Expansions
More than $60 million from two federal departments pays for extending high-speed internet from Kodiak Island to the Chukchi Sea.
USDA Approves Alaska’s Industrial Hemp Program
The US Department of Agriculture approved the Alaska Division of Agriculture’s plan for industrial hemp production, to stay in compliance with federal law.