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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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Correction.(Correction Notice)
June 1, 2005... In the April 2005 edition, in an article titled "Alaska's Seafood Industry: Evolving and Advancing," it was stated that $2.2 million worth of seafood was exported from Alaska in 2004. It also stated that figure on the cover. It should have...
ANS producers: sell us our gas!(From the Publisher)(Arctic North Slope)
June 1, 2005... That's right--our gas!
The Arctic North Slope producers do not own the gas, Alaskans do. It's a fact not fully understood by Alaskans until fairly recent days. They have wanted Alaskans to think that they own the gas and for more than...
AT&T operates TAPS communications.(COMMUNICATIONS)(trans-Alaska oil pipeline system)(AT&T Alascom)(Brief Article)
June 1, 2005... AT&T Alascom has entered into a 20-year agreement with Alyeska Pipeline Service Co. to upgrade and operate the AT&T Alascom microwave communications network along the 800-mile trans-Alaska oil pipeline system (TAPS).
The upgraded digital...
Alaska USA adds financial centers.(FINANCE)(Brief Article)
June 1, 2005... Alaska USA Federal Credit Union will build new financial centers in three Alaska communities. These include one in Anchorage to open this summer, one in Soldotna to open in fall 2005, and one in Fairbanks to open in summer 2006. The financial...
Winter Games generate success in Kenai projects.(RECREATION)(Brief Article)
June 1, 2005... From the top of the Peninsula to Homer at its tip, some of the $4.25 million in legacy projects of the upcoming Kenai Peninsula 2006 Arctic Winter Games can already be seen.
The new indoor ice rink on the Homer Spit is just one of many...
Mountain village youth heads to UN in Geneva.(APPLAUSE)(Trina Landlord goes to United Nations to study international human rights )(Brief Article)
June 1, 2005... Trina Landlord, a Yupik Eskimo and employee of First Alaskans Institute, is one of only five young people chosen from across the world for the Indigenous Fellowship Programme this summer at the Office of the High Commissioner for Human Rights...
Continental joins with Pacific Motors.(RETAIL)(Continental Auto Group)(Pacific Motors)(Brief Article)
June 1, 2005... Continental Auto Group has taken over Pacific Motors Nissan in Anchorage. Continental Auto Group now includes Acura, Honda, Mazda, Nissan, Subaru, Suzuki and Volvo. "We're really excited about becoming Anchorage's Nissan Dealership," said...
Protecting Alaska's infrastructure: oil and gas industries are prime targets.(Oil & Gas)
June 1, 2005... In this age of increased threats to national security, every state needs to have measures in place to protect important infrastructure. In Alaska, home of the trans-Alaska oil pipeline and 20 percent of the nation's domestic crude oil...
Shell moving toward Alaska exploration project: Shell proceeds with patience after Alaska lease sale.(Oil & Gas)
June 1, 2005... On March 30, 2005, the Royal Dutch/Shell Group bid more than $44 million for rights to explore for oil and gas in the Beaufort Sea. Despite this sizable commitment to re-enter the Alaska market where it was once a major player, the company is...
Mining and exploration boom in 2004: 2005 looks good: exploration spending jumped last year to an estimated $64.4 million, more than double the amount spent on mineral prospecting in Alaska in 2003.
June 1, 2005... After several years of dwindling interest, which translated into decreased spending for mineral exploration in Alaska, 2004 proved to be a banner year for prospectors active in the state's mining industry.
Exploration spending jumped last...
June 2005 calendar of events.(Calendar)
June 1, 2005... ANCHORAGE
1 Music in the Park
These free concerts bring Anchorage together for lunch. Beginning at noon at Peratrovich Park, Fourth Avenue and E Street. For more information, contact Anchorage Downtown Partnership at 2795650 or visit...
Marathon under the Midnight Sun: on June 18, racers from around the world gather in Alaska for a 26.2-mile race.(Alaska This Month)
June 1, 2005... This month, roughly 4,000 people are expected to don their gear and join the Mayor's Midnight Sun Marathon. Runners come from all 50 states and numerous countries to take part in the scenic run. On perfect days, the Chugach Mountains and the...
The Alaska Marine Highway System brings controversy to Southeast: a ride on the Alaska Marine Highway System has always remained one of Alaska's jewels, and inexpensive and scenic way to traverse throughout the Panhandle's collection of rain-spattered islands and colorful port communities.
June 1, 2005... It's not unheard of that taking the ferry in Southeast Alaska has meant typically longer trips on aging vessels, sometimes waiting to board in the dark hours of the morning or late night, and of generally cumbersome schedules. In latter years,...
Alaska business monthly's 2005 transportation directory.(Transportation)(Directory)
June 1, 2005... AAA Moving & Storage
717 E. Ship Creek Ave. * Anchorage, AK 99501
Phone: 276-3506 Fax: 258-3986
Toll-Free: 800-238-3506
Top Executive: Greg Wakefield, CEO
Service Areas: Worldwide and statewide.
Air Trans.:
Land...
Cruise industry brings in nearly $1 billion to state economy: the cruise industry spends between $50 million and $70 million on marketing the state, which is several times larger than what the state spends to get the word out about an Alaska vacation.
June 1, 2005... Just 10 years ago, a trip to Alaska was a dream vacation for the average traveler. Today, setting your compass to America's far north is becoming a more common occurrence and the state is reaping the benefits of a healthy tourism industry. From...
Native corporations 'raise the bar of business in Alaska': they operate worldwide, but much of the money returns or stays in Alaska.
June 1, 2005... Thirty-four years after they were established, Alaska Native corporations continue to wield a weighty effect on the Alaska economy. Major lines of business include construction, real estate development, oil field services and tourism. There...
Mega databases are changing the world: businesses benefit from emerging technology.
June 1, 2005... Introduction: Vern McCorkle
This is the fourth in a series of Executive Forum sessions on the Knowledge Economy. This time, we examined the use of mega databases and addressed theories such as: What technology has built mega databases?...
Happy anniversary Avis: 50 years in Alaska: despite changes in the business, Avis thrives and meets customer demand.
June 1, 2005... Avis Alaska is celebrating its 50-year anniversary. It has been family owned and operated since Robert Halcro and his wife, Barbara, came to Anchorage from San Francisco on their honeymoon in 1955 and started a car-leasing business before...
Commercial real estate on track in Alaska: banks, real estate companies and builders give a big thumbs up.
June 1, 2005... Alaska has enjoyed more than a decade of continuous and steady growth and good employment in almost every segment of its economy. That includes the commercial real estate and construction industries. Experts in the banking, construction and...
Alaska businesses construct long-term relationship with military.
June 1, 2005... Defense is Alaska's only enduring statewide industry impacting villages, boroughs and cities for centuries.
Department of Defense funding cycles sustain businesses through booms and busts, providing experience and capital that Alaska...
Alaska banks add personal touch through variety of services and programs: your bank today is a far cry from one a decade ago.
June 1, 2005... At many financial institutions, personal banking is synonymous with "relationship" banking and going the "extra mile" to meet customers' needs. Personal banking runs the gamut of non-business banking, from consumer checking and savings accounts...
Technologies in cellular: the new generation: cell phones transform as the years pass, and the latest will soon have TV-viewing capability.
June 1, 2005... GENERATIONS
They have been walking from the beginning, through the foggy sponges of lowland forests, under umbrella leaves, in the shattered rain of ocean beaches, through the tinder of ashpits, the thickets of cities, along washes and...
Alaska's half-shell dreams: there's more demand for shellfish than Alaska nurseries can provide; however they are faced with higher costs of product due mainly to transportation issues.
June 1, 2005... Inside the Alutiiq Pride Shellfish Hatchery in downtown Seward, seawater made green by billions of microscopic algae gently swirls through 5-foot-tall blue plastic tanks. Hatchery Director Jeff Hetrick dips a cupped hand into one of the tanks...
Tech soup: does technology terminology get you down? Here's a guide that will help you understand the latest in buzzwords, lingo and acronyms.
June 1, 2005... There is a program on E! called Talk Soup and it has something to do with being the reference point for talk shows. What follows can almost be considered Tech Soup-a guide to understanding some of the technology lingo that buzzes all around....
North Slope Spot Price: drastically Increasing (April 2004-April 2005).(Alaska Trends for June 2005)(Illustration)
June 1, 2005... North Slope Spot Price: Drastically Increasing (APRIL 2004-APRIL 2005)
North Slope Spot Price (Gulf)
April 2004 36.16
April 2005 51.25
The North Slope spot price drastically increased over
the last year. As of April 24,...
Alaska trends for June 2005.(Illustration)
June 1, 2005...
ALASKA TRENDS FOR JUNE 2005
SPONSORED BY AMERICAN FAST FREIGHT
Indicator Units Period
GENERAL
Personal Income Alaska Millions of $ 4thQ04
Personal...