Business

BBEDC Gives Over $194,000 Dollars to SAVEC

Oct 22, 2013

A new initiative to help train local Bristol Bay residents for jobs in the fisheries industry recently received a big financial boost from the Bristol Bay Economic Development Corporation. Last year the Bristol Bay Native Association received a grant of over $405-thousand dollars from the Federal Government to fund the “Bristol Bay Jobs Accelerator Project”. As part of the project BBNA is working with the Southwest Alaska Vocational and Education Center in King Salmon to build the capacity to train local residents for jobs in the seafood harvesting and processing sector.

The parent company of Northrim Bank is buying Alaska Bancshares Incorporated for over $14-million dollars. Northrim Bancorp made the announcement Tuesday noting that Alaska Pacific Bancshares will merge into a wholly-owned subsidiary and Alaska Pacific Bank will merge into Northrim Bank.

Everts Air Cargo Reduces Its Fuel Surcharge

Oct 21, 2013
Everts Air Cargo

An air cargo company that serves much of Southwest Alaska has reduced the fuel surcharge it charges customers for freight shipments. The previous fuel surcharge put in place by Everts Air Cargo was 28-percent. Effective Monday the surcharge was decreased to 26-percent. In a written statement the company notes that they will continue to monitor fuel prices and will only increase the fuel surcharge when absolutely necessary. Everts Air Cargo serves 13 communities across the state including Dillingham, Iliamna, King Salmon, Kotzebue, Unalakleet, and Anchorage.

After Oct. 30, travelers will now pay $25 for the second bag, and the fees go up from there.

Mike Mason

It looks like much of the cost of repairing the damaged all-tide dock in Dillingham will be covered by the cities insurance company. KDLG’s Mike Mason has the story.

The seafood marketing arm for the State of Alaska is trying to head off questions from retailers, wholesalers, and fish buyers about eco-labels covering Alaska salmon. KDLG’s Mike Mason has the story.

CEO Jason Metrokin calls the investment a "big step in the right direction" for the corporation.

A Large Increase in Assets for BBEDC

Oct 1, 2013

2012 was good year for the community development quota organization for the Bristol Bay region according to the just released annual report. KDLG’s Mike Mason looked it over for this story.

Alaska Airlines

Alaska Airlines is buying 5-more Boeing 737-900 extended range aircraft worth over $481-million dollars. 2 of the new planes will be ready to go in 2015 followed by 2 more planes in 2016. The final plane should be ready in 2017. The new order supplements the 31 planes Alaska Airlines already has on order with Boeing. The company anticipates having over 130 Boeing 737’s in the fleet by the end of 2014.

Large New Longliner Has Ties to Bristol Bay

Sep 28, 2013

The largest new commercial fishing vessel to be built in the Northwest in 20-years was christened this past summer. It has ties to the Bristol Bay region. KDLG's Mike Mason has the story.

The issue of sustainable seafood certifications was addressed at length Tuesday during a hearing in the U.S. Senate. The hearing comes amid concerns that Alaska’s commercially caught salmon are being excluded by some retailers because of a lack of a specific certification. KDLG’s Mike Mason has the story.

Alaska's Unemployment Rate Stands at 5.7-Percent

Sep 20, 2013

The latest unemployment data shows a slight decrease in the unemployment rate in Alaska. The unadjusted rate in August was 5.7-percent, which is down from the 5.9-percent rate recorded in July. However, when Alaska’s unemployment rate is seasonally adjusted it jumps up to 6.5-percent. That’s up 2-tenths of a percentage point compared to July’s seasonally adjusted rate. Alaska’s unemployment rate is still below the national rate of 7.3-percent.

The local electric utility for the Dillingham area will have to wait until early next month to receive the fall shipment of fuel. The Nushagak Cooperative supplies electricity to the Dillingham area by operating several diesel powered generators.

This Years PFD will be $900

Sep 18, 2013

The amount of this year’s Permanent Fund Dividend is $900-dollars. KDLG’s Mike Mason has the details.

The City of Dillingham is planning on leasing a city owned building to GCI for a retail outlet.

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