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.
Soldotna rancher Ben Adams is the new owner of the Palmer USDA-approved slaughterhouse, keeping options open for store sales of Alaska meat.
Five Alaska agricultural programs get a boost this year from federal funds for projects ranging from cooking classes to potato production.
Funds from three federal sources help Alaska Seafood Marketing Institute develop a pet food brand and improve overseas market potential, among other projects.
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.
A $25 million grant will expand the North Slope fiber network, bringing high-speed internet to the community of Nuiqsut.
US Department of Agriculture grants and loan guarantees pay for village infrastructure upgrades, new fishing vessels, and a helicopter.
More than $60 million from two federal departments pays for extending high-speed internet from Kodiak Island to the Chukchi Sea.
The US Department of Agriculture approved the Alaska Division of Agriculture’s plan for industrial hemp production, to stay in compliance with federal law.
Two new US Department of Agriculture programs–the Micro-Grants for Food Security Program (MGFSP) and the Meat and Poultry Inspection Readiness Grant–are bringing $1.8 million to Alaska.