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Alaska Business Monthly articles from June 2002

4,976 total articles

Reports on news, issues, and trends of particular interest to those doing business in Alaska. Content includes profiles of individuals, organizations, and companies, as well analysis, legal notes, economic and financial news, interviews, and human interes

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Alaska Business Monthly archives from June 2002

Our Washington state neighbors. (From the Publisher).(Brief Article)(Excerpt)
June 1, 2002... Vern C. McCorkle The Alaska Committee of the Seattle Chamber of Commerce has existed for 125 years. We are told that it is the largest and the oldest committee of the Seattle chamber, and the relationship between the Alaska Committee and...

Alaska Computer Brokers extend your network: Virtual Private Networks and Internet security. (Advertisement).(Sonicwall Inc. partnership)(Brief Article)
June 1, 2002... In today's business world managing and distributing information is key to improving productivity. Our business networks have become foundational in how we organize information, communicate and conduct business. As employees become more and more...

More readership survey results! (ABM Readership Survey). (Alaska Business Monthly).(Brief Article)(Statistical Data Included)
June 1, 2002... More readership survey results!. (ABM readership survey) Who reads Alaska Business Monthly? The University of Alaska Anchorage School of Business recently completed a Readership Survey for us and we plan to provide results as a regular...

Northwest Alaska utility receives top honor. (Inside Alaska Business). (Kotzebue Electric Association).(Brief Article)
June 1, 2002... Kotzebue Electric Association has received top national honors from the Community Service Network of the National Rural Electric Cooperative Association at the association's annual meeting in Dallas recently. Winner of the "Community Service...

Unishippers opens in Anchorage. (Transportation). (Alaska).(Brief Article)
June 1, 2002... Unishippers, a franchise system offering shipping solutions via 300 franchises in 49 states, recently opened local operations in Anchorage. Unishippers provides shipping services for oversized freight to express letters. Unishippers was...

Record profits for CIRI. (Native). (Cook Inlet Region Inc., 2001).(Brief Article)(Statistical Data Included)
June 1, 2002... Cook Inlet Region Inc., an Anchorage-based regional Alaska Native corporation, recently reported it achieved a record $434 million in profit last year, setting a record for Native corporations in the state and shadowing its 2000 profit report...

Chugach Alaska announces FY 2001 dividend. (Native).(Brief Article)(Statistical Data Included)
June 1, 2002... The Chugach Alaska Corp. (founded as Chugach Natives Inc.) board of directors recently announced a dividend of $10.52 per share. Chugach credited its successful investing to its work in base and facilities operating services. Currently, Chugach...

Hospital offers new cancer treatment technique. (Health & Medicine).(Alaska Regional Hospital; cryosurgery for prostate cancer)(Brief Article)
June 1, 2002... Alaska Regional Hospital is among the first in the nation to offer targeted cryoablation of the prostate. Cryosurgery, a cancer treatment technique that uses extreme cold to destroy cancer cells, was approved by Medicare in 1999 as a primary...

FNBA offers statements on CD. (Finance).(First National Bank Alaska)(Brief Article)
June 1, 2002... First National Bank Alaska now gives customers the option to receive their statements and check images as computer files on CDROM discs. Available to all checking account customers, the new ImageCache CD service can be useful for...

25th anniversary of the Alyeska Pipeline Service Co.: the trans-Alaska oil pipeline cost $8 billion and runs 800 miles across some of the roughest terrain known to man.
June 1, 2002... The task had never been done before, nor since... String a 48-inch diameter steel pipe 800 miles from the top of the world in Prudhoe Bay to the world's northernmost ice-free port in Valdez-around mountains, through rivers and across about...

Innovation of the North Slope: new technology helps boost crude oil production.
June 1, 2002... Whether it's working in the harsh Arctic environment or finding new ways to extract marketable products from complex underground structures, North Slope oil producers face numerous challenges. Evolving technology has changed and improved...

June events calendar.(Alaska)
June 1, 2002... Send calendar information to Melissa Campbell at research@akbizmag.com or fax (907) 279-2900. ANCHORAGE 1-2 and 8-9 Three Barons Renaissance Fair Immerse yourself in the traditions and language of the Renaissance with village...

100 years for Sisters of Providence in Alaska. (Alaska this Month).(Brief Article)
June 1, 2002... More than a century ago, when rumors of three of the largest gold nuggets ever found in Alaska brought hoards of eager prospectors to Nome, two Roman Catholic priests arrived there to find urgent need for social welfare and health provisions...

Net banking: consumers and business owners swarm to the Internet to do their banking. It's easier than a trip to the bank, and it saves loads of time.
June 1, 2002... As the controller for Carlile Transportation Systems, Judy Eckart spends the first 15 minutes of her day pouring over her company's bank statements: checking balances, seeing what checks have cleared the bank, which new deposits have come in....

Wells Fargo Home Mortgage. (Right Moves).(Brief Article)
June 1, 2002... Deanna McClelland was named branch manager of Wells Fargo Home Mortgage, Anchorage branch. She began her career with Northwest Mortgage Inc., formerly Directors Mortgage, in 1992 as a loan processor. She was named branch manager for the Battle...

Prudential Vista Real Estate. (Right Moves).(Brief Article)
June 1, 2002... David George joined Prudential Vista Real Estate after returning to Alaska from nine years in Oregon. George was an associate broker at Heritage Homes and Investments in the 1980s and later owner of his own real estate company and The Real...

Denali Alaskan Federal Credit Union. (Right Moves).(Brief Article)
June 1, 2002... Carmela Warfield was promoted to assistant manager, electronic services department, at Denali Alaskan Federal Credit Union. Warfield supervises the inbound call center staff, which serves members who seek account access or loan information via...

HDR Inc. (Right Moves).(Brief Article)
June 1, 2002... Daniel Billman recently was named a vice president at HDR Inc., an employee-owned engineering and architectural firm. Billman, who serves as the water resources section manager for the firm's Anchorage office, has a background in civil...

WestCoast Hotels. (Right Moves).(receives Best Hotels in Alaska award)(Brief Article)
June 1, 2002... The WestCoast Cape Fox Lodge in Ketchikan recently was named one of the Best Hotels in Alaska by Frommers.com and was selected as Alaska Hotel & Lodging Association's Stars of the Industry Member of the Year for a property with less than 150...

Alaska Permanent Fund Corp. (Right Moves).(Brief Article)
June 1, 2002... Janie Leask was appointed to serve on the Alaska Permanent Fund Board of Trustees by Gov. Tony Knowles. Leask is the manager of community relations for Alyeska Pipeline Service Co. and has served as vice president of community development for...

Cathcart Ltd. (Right Moves).(insurance brokerage)(Brief Article)
June 1, 2002... Pat Gilmore has returned to Carthcart Ltd. Gilmore worked for the company in the 1980s but has returned after working in the industry for another broker. She has 17 years experience in all commercial lines of insurance.

Coffman Engineers. (Right Moves).(Brief Article)
June 1, 2002... David E. Gardner and C. Daniel Stears joined the Anchorage offices of Coffman Engineers as principals. Gardner has more than 18 years experience on multidiscipline and civil/structural projects. He has been with Coffman since 1990. Stears has...

RE/MAX. (Right Moves).(Kristan Cole receives lifetime achievement award)(Brief Article)
June 1, 2002... Kristan Cole attended the RE/MAX International Convention recently in Florida and received the RE/MAX Lifetime Achievement Award, the RE/MAX Platinum Award and was named one of the top five commercial agents in the RE/MAX system. The lifetime...

Northern Economics. (Right Moves).(Brief Article)
June 1, 2002... Cal Kerr joined Northern Economics as a project manager/analyst. He brings a background in project management, forestry, financial analysis and information technology to the firm. He holds two master's degrees from the University of Alaska, an...

Palmer Chamber of Commerce. (Right Moves).(Brief Article)
June 1, 2002... Kay Slack of K Slack Associates Inc. has been awarded the Palmer Chamber of Commerce's highest recognition, the 2002 Pioneer Award. The award recognizes Slack's volunteer service to the chamber and the Palmer community. For the past 10 years,...

Seldovia. (Right Moves).(Brief Article)
June 1, 2002... Steve Lewis was elected president of the Prince William Sound Regional Citizens' Advisory Council at a recent meeting in Anchorage. Lewis has represented the City of Seldovia on the council since 1999 and was its vice president before his...

UAF. (Right Moves).(Brief Article)
June 1, 2002... Sukumar Bandopadhyay has been named dean of the University of Alaska Fairbanks' school of mineral engineering. He has served as interim dean since July 2001 and has been at UAF since 1982 as a professor and department head. Bandopadhyay is a...

Service companies support mining industry: as the state's gold mining industry has grown, so has the demand for related services-geologists, environmental research firms, equipment suppliers, drillers, expeditors and remote camp operators.
June 1, 2002... There's a real need for mining service companies in Alaska. Just ask Jerry Back. Back started his Fairbanks-based drilling company in the early 1980s as an offshoot of the construction industry, completing soils tests for residential and...

Alaska Business Monthly's 2002 transportation directory.(Directory)
June 1, 2002... The transportation field is one of Alaska's largest employers, providing jobs for some 19,300 individuals--that's 7 percent of all wage and salary employees in the state compared to only 3 percent on average nationally. These folks bring in a...

A better delivery: FedEx Express and the United States Postal Service share air space and common ground to better serve their customers.(Brief Article)
June 1, 2002... Your mail service may be speeding up. Last year the United States Postal Service and FedEx Express entered into a business alliance to share air and ground space. The move is expected to boost both of their networks and benefit American...

The American Dream: How Do You Start or Buy a Business with None of Your Own Cash.(Reaching the American Dream. (Required Reading))(Review)
June 1, 2002... "The American Dream: How Do You Start or Buy a Business with None of Your Own Cash" Dan Amzallag Pro-Ace International Publishing Rockyille, Md. 2001, 207 pages, $16.99 There ought to be an added phrase to the book's subtitle that...

A ferry tale: This ferry between Prince of Wales Island and Ketchikan connects a number of isolated communities and enhances quality of life.
June 1, 2002... To get a sea cucumber ready for processing, you make a long slit down the length of it. The sea creature, named after the salad vegetable, closely resembles one-except for the all-purpose mouth orifice at one end. Sea cucumbers range in size...

The Alaska Railroad: contributing to communities' economics: from Seward to Fairbanks and everywhere in between, the Alaska Railroad has a presence far and wide and provides economic benefit to the communities it serves.(Statistical Data Included)(Company Profile)
June 1, 2002... The Alaska Railroad winds through more than 500 miles of the Last Frontier, carrying tourists, hauling freight and transporting goods from one point to another. In 2001, the railroad earned $107.3 million, netting $6.6 million. Freight...

Cybercrime: finding security in Cyberspace; steps for pour business to take to avoid being a target for high-tech criminals.(Statistical Data Included)
June 1, 2002... When it comes to security, experts say you should look at your computer as if it were a grand house sitting in the middle of a very bad neighborhood. Are the doors and windows locked? Do you have an alarm system? Did you set up a perimeter...

Kenai helps the world grow: Nitrogen fertilizer plant is among the world's top producers.(Company Profile)(Statistical Data Included)
June 1, 2002... A lot of fertilizer comes out of the Kenai, and it's not just from tall fishing tales. Agrium U.S. Inc.'s Kenai Nitrogen Operations plants produce enough material annually to fertilize a strip of farmland 16 miles wide stretching from Los...

Trade associations: good for Alaska businesses and the economy; they lobby legislators, support industry-favored candidates, promote business in Alaska, provide educational opportunities and much, much more.
June 1, 2002... Whether a company ships petroleum, builds bridges or welcomes tourists to Alaska, there is a trade association within the state that represents that industry's interests. Despite the fact that each of these associations may differ in what they...

13th Regional Corp.: this corporation had a rocky start, but thanks to an experienced president that refuses to take a salary, it has a future that looks bright indeed. (Alaska Native Business News).
June 1, 2002... Norman Ream is the kind of president corporate America dreams about. Less than seven years ago, Ream took over the helm of a corporation that had a 20-year record of losses, including bankruptcy, and turned it around. Under his management, The...

Cultural-level business: village corporation leaders find delicate balance between tradition and profits. (Alaska Native Business News).
June 1, 2002... George Olemaun is president of what is believed to be the most successful Alaska Native village corporation in the state. But this spring, as he worked in his office at Ukpeagvik Inupiat Corp. in Barrow, Olemaun was getting a little antsy. The...

Great Bear Ford will replace the former Seekins Ford Soldotna. (Biz Buzz).(Brief Article)
June 1, 2002... GREAT BEAR FORD will replace the former Seekins Ford Soldotna. Bob Favretto, who owns Kenai Chrysler and Juneau's Capital Chevrolet, purchased the dealership, located at 43965 Sterling Highway. Bob Bambrace will be operating partner and general...

NBC-TV News Anchor Brian Williams. (Biz Buzz).(report on global warming)(Brief Article)
June 1, 2002... According to NBC-TV News Anchor Brian Williams, scientists first suspected that global warming might result from human activities, such as emissions of coal burning furnaces--in 1896!

Lorene Kappler. (Biz Buzz).(named president of Juneau Convention & Visitors Bureau, Alaska)(Brief Article)
June 1, 2002... Lorene Kappler has become president and CEO of the Juneau Convention & Visitors Bureau. She brings 18 years of visitor industry operations and marketing experience to the organization and holds a degree in tourism management from the University...

Larry Tallman and Tim Sonnentag. (Biz Buzz).(Animal Food Warehouse plans new store)(Brief Article)
June 1, 2002... Animal Food Warehouse, 7941 Brayton Drive, Anchorage, and Mile 37.7 Parks Highway, Wasilla, has announced plans to construct a new 22,000-square-foot facility to meet growing demand for pet products. Owners Larry Tallman and Tim Sonnentag say...

Tricon Global Restaurants. (Biz Buzz).(acquires several fast food chains)(Brief Article)
June 1, 2002... Triccon Global Restaurants, the world's largest restaurant company, according to Seafood Business magazine, has brought Pizza Hut, A&W, Kentucky Fried Chicken, Taco Bell and Long John Silvers into its organization with over 30,000 restaurants...

David L. Boelens. (Biz Buzz).(named vice president, Aurora Well Services L.L.C.)(Brief Article)
June 1, 2002... David L. Boelens has become vice president for the Alaska operations of Aurora Power Resources, 1029 West Third Avenue, Anchorage; 277-1003. The company has recently formed Aurora Well Services LLC to assist with certain work being carried on...

Usibelli Coal Mine. (Biz Buzz).(production statistics)(Brief Article)(Statistical Data Included)
June 1, 2002... Usibelli Coal Mine at Healy, the only operating coal mine in Alaska, produced 1.525 million tons of coal last year. Of that amount, 825,000 tons were used in power generation facilities in Fairbanks, and 700,000 tons were exported to Korea.

Growth rates for employment, seasonally adjusted by the U.S. Department of Labor. (Biz Buzz).(Alaska)(Brief Article)(Statistical Data Included)
June 1, 2002... Growth rates for employment, seasonally adjusted by the U.S. Department of Labor, indicate a 2.1 percent growth for Alaska during the year 2001, the most recent year for which data was available. By comparison, Washington state was -0.5 percent...

Words to Live by. (Biz Buzz).
June 1, 2002... "Business is never so healthy as when, like a chicken, it must do a certain amount of scratching for what it gets." Henry Ford.

Alaska's Cook Inlet Processing has been acquired by Ocean Beauty Seafoods of Seattle. (Biz Buzz).
June 1, 2002... Alaska's Cook Inlet Processing has been acquired by Ocean Beauty Sea foods of Seattle. Cook Inlet has plants in Seward, Nikiski, Kodiak and Uganik and processes crab, Alaska salmon, pollock, Pacific cod, halibut and other groundfish.

Charlotte Foley. (Biz Buzz).(head of Commonwealth Benefits Group)(Brief Article)
June 1, 2002... A Nevada CPA firm, L.L. Bradford & Associates, has opened an Anchorage office and created Commonwealth Benefits Group, headed by Charlotte Foley. The new firm provides access to CPAs who can assist with a wide variety of services for smaller...

Alyeska Resort and Princess Hotel have received Four-Diamond Recognition. (Biz Buzz).(Brief Article)
June 1, 2002... Alyeska Resort and Princess Hotel have received Four-Diamond Recognition from AAA Alaska, a very coveted tourist industry award. The mountaintop restaurant Seven Glaciers and the Alyeska Prince Hotel have both been recognized for a superior...

Alaska Permanent Capital Management Co. (Biz Buzz).
June 1, 2002... Alaska Permanent Capital Management Co. celebrates its 10th anniversary in July. An independent investment advisor and institutional investment manager, the company was founded by CEO Dave Rose and is located at 900 West Fifth Avenue, suite...

JPB Associates LLC of Sedalia, Colo., has extended services to Alaska. (Biz Buzz).
June 1, 2002... JPB Associates LLC of Sedalia, Colo., has extended services to Alaska. The firm specializes in human resource advisement, consulting and training and provides cost effective, innovative solutions to difficult human resource problems. The...

The Congressional Record and other congressional reports are available at thomas.com. (Biz Buzz).(Brief Article)
June 1, 2002... The Congressional Record and other congressional reports are available at thomas.com. The Federal government created the Web site as a convenience to people who need governmental information. Congress dubbed the site in honor of Thomas...

Restaurant Rap. (Biz Buzz).(Brief Article)
June 1, 2002... Five new eateries are open or soon to be in Anchorage. Try out Chili's (they're here again!) at 1811 Abbott Road by Fred Meyer; Boston Pizza at C and Benson, by Arby's and GCI; Applebee's Neighborhood Grill and Bar at 7611 DeBarr Road, by Fred...

Jason Roth. (Biz Buzz).(First National Bank Alaska)(Brief Article)
June 1, 2002... The first quarter earnings of First National Bank Alaska were up 17 percent, according to Senior Vice President Jason Roth. He also reports that loan demand did not slow down as it often does during the winter months. In fact, the bank...

June Dates. (Biz Buzz).
June 1, 2002... 6/14, Flag Day; 6/16, Father's Day; 6/21, Summer Solstice; 6/23-24 Scottish Highland Games, Eagle River.

FedEx Freight the name to know if you want to reach Viking Freight Systems. (Biz Buzz).
June 1, 2002... FedEx Freight is the name to know if you want to reach Viking Freight Systems. Only the name has changed, the location is still 940 Raspberry Road, Anchorage; 522-3522. Contact person is Tim Boedigheimer in Alaska or Kathy Keller at (408)...

Ronald Handy. (Biz Buzz).(AlaskaClassifiedAds.com)(Brief Article)
June 1, 2002... AlaskaClassifiedAds.com (an Alaskan-owned business) offers a way to find what you have been looking for but didn't have the time to plow through all of the newspapers around the state. It features a fully automated database and 100 percent free...

James Akerelrea. (Biz Buzz).(WAVE Wholesale)(Brief Article)
June 1, 2002... WAVE Wholesale has emerged from bankruptcy and reorganized under Chapter 11 as New WAVE LLC but will continue to operate with its former name, WAVE Wholesale. The company serves Bush Alaska with consumables and is located at 9401 King Street,...

Ed Rasmuson. (Biz Buzz).(Wells Fargo)(Brief Article)
June 1, 2002... Wells Fargo contributed more than $1.5 million in 2001 to schools and nonprofit Organizations, according to Chairman of the Board Ed Rasmuson. In total, more than 750 organizations received grant funding that served the needs of local...

Tesoro Petroleum Corp. (Biz Buzz).(Brief Article)
June 1, 2002... Tesoro Petroleum Corp. has announced a net loss of $56.6 million, or $1.15 per share for the first quarter of 2002, compared to net earnings of $21.7 million or $0.52 per diluted share for the same period last year. Included in the quarterly...

Northwest Airlines. (Biz Buzz).(Brief Article)
June 1, 2002... Northwest Airlines plans to add service to Alaska and resume seasonal nonstop flights from its Detroit and Minneapolis/St. Paul hubs to popular vacation destinations in Alaska. The summer schedule will include a total of eight daily flights...

Lithia Motors Inc. (Biz Buzz).(Brief Article)
June 1, 2002... Lithia Motors Inc. has been included on the Fortune 1000 List for 2001. It is the third year it has been ranked. The company pegged 736th place, up 79 places over last year. Lithia operates 123 franchises in nine states and markets no fewer...

Dallas-based Kinko's Inc. (Biz Buzz).(Brief Article)
June 1, 2002... Dallas-based Kinko's Inc. has named its top 25 branches and the Fairbanks Kinko's has been placed at No. 18. There are three Kinko's in Alaska, including two in Anchorage. The San Antonio, Texas, branch was No. 1. Kinko's is the world's leading...

Fish watchers are predicting a smaller Alaska salmon harvest in 2002. (Biz Buzz).(Brief Article)
June 1, 2002... Fish watchers are predicting a smaller Alaska salmon harvest in 2002. This year's catch is scaled at about 128 million fish, in these amounts: pinks, 87.5 million; sockeye, 22.1 million; chum, 13.3 million; coho, 4.8 million, and chinook,...

Gina Marie Lindsay managing director of SeaTac International. (Biz Buzz).(Alaska Airlines Inc.)(Brief Article)
June 1, 2002... As the busy tourist-travel season commences, some U.S. airlines are adding flights, after cutting them post-Sept. 11. Seattle, from where Anchorage is serviced, has a 15 percent deficit for May but has seen improvements in the last few weeks,...

Lighter-than-air balloon lifts of oilfield equipment. (Biz Buzz).(Heavy Lift/Canada)(Brief Article)
June 1, 2002... Lighter-than-air balloon lifts of oilfield equipment; including drill rigs for Alaska and Canada, may be in the offing. Heavy Lift/Canada Inc. has purchased a "zeppelin" from German airship developer, CargoLifter AG and its partner Boeing Co....

The cost of supplying construction materials to Bush Alaska. (Biz Buzz).(Alaska Housing Finance Corp.'s 2002 Construction Cost Survey)(Brief Article)
June 1, 2002... The cost of supplying construction materials to Bush Alaska can be more than 160 percent compared to urban areas, according to the 2002 Construction Cost Survey released by the Alaska Housing Finance Corp. Barrow and Nome, for instance,...

June Alaska Trends.(Statistical Data Included)
June 1, 2002... june alaska trends GENERAL Units Period Personal Income -- Alaska Millions of $ 4thQ01 Personal Income -- United Billions of $ (SAAR) 4thQ01...

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