Business

The President and CEO of the Alaska Village Electric Cooperative used a speech earlier this month in Anchorage to float the idea of building a large electricity generation and transmission project to serve nearly the entire state. KDLG’s Mike Mason has the story.

Double Digit Unemployment in Alaska

Dec 20, 2013

The latest data from the Alaska Department of Labor shows that Southwest Alaska leads the entire state in unemployment. KDLG’s Mike Mason looked at both the unemployment and employment numbers for this report.

NEA says crews will attempt to replace a cross-river power line that was downed Wednesday night, and hopefully have full power restored today.

The local electric cooperative that serves the Dillingham area is giving up on a long-anticipated project to develop a couple of hydroelectric projects within the largest state park in the Nation. KDLG’s Mike Mason has the details.

U.S. Senator Lisa Murkowski is continuing to lobby the largest retailer on earth to carry products made with salmon from Alaska. On Wednesday Senator Lisa Murkowski sent a letter to the incoming CEO of Walmart outlining her concerns with the current purchasing practices of Walmart in regards to salmon from Alaska.

KDLG

ATC Specialists say they're "good to go" at the new tower, which offers better views of the approaches and weather.

Ever since Alaska became part of the United States the military has been a driver of the state’s economy. Some new research from the Alaska Department of Labor and Workforce Development shows that the military continues to be a significant economic driver in Alaska. KDLG’s Mike Mason has the details.

BBNA

The President and CEO of a major subsidiary of the Bristol Bay Native Corporation is retiring. Joe Terrell will retire at the end of the year as the head of the Bristol Alliance of Companies. BBNC has named Travis Woods as Terrell’s replacement. He previously led the Bristol Engineering Services Corporation. Joe Terrell joined the Bristol Alliance of Companies in 1996 and under his leadership, Bristol now includes 8 companies and over 300 employees.

Utilities provider for the Dillingham area says the modest price hike should help bring its margins back into the black.

One of the most anxiously awaited presentations during last week’s annual conference of the Resource Development Council of Alaska was given by a man who is considered one of the leading voices on the health of the Alaska economy. KDLG’s Mike Mason listened in and filed this report.

Double Digit Unemployment for Southwest Alaska

Nov 25, 2013

The Southwest region of Alaska posted double-digit unemployment numbers last month. Southwest is the only region in the state with double-digit unemployment. The October unemployment numbers from the Alaska Department of Labor and Workforce Development puts the unemployment rate for Southwest Alaska at 13.4-percent. That’s well above the 6-percent recorded in Southeast and in the Interior region. The Northern region posted an October unemployment rate of 8.8-percent and it was 7.1-percent in the Gulf Coast region. The Anchorage/Mat-Su region posted a 5.1-percent unemployment rate.

Lynden

One of the major barge companies that serves Western Alaska has been purchased by a major transportation company that serves Alaska and the Pacific Northwest. Back in April Lynden, which is a family of freight transportation companies, agreed to buy Northland Services for an undisclosed sum. The transaction is now complete.

A major supplier of ready-to-eat products has expanded a recall due to possible Listeria contamination. Reser’s Fine Foods is recalling ready-to-eat cold salads, coleslaws, baked beans, salsas, spreads, and dips that are marked with a use-by-date or best-by-date that is followed by the plant identifier code, 20. The Alaska Department of Environmental Conservation reports that recalled products were available in Alaska at retail stores and food service establishments. However, DEC notes that to date, no illnesses have been reported in Alaska.

BBNC Wins a Marketing Award

Oct 29, 2013
BBNC

The Bristol Bay Native Corporation has won an award for their current marketing campaign. The campaign includes television commercials that have been airing on stations across Alaska. KDLG’s Mike Mason has the story.

The value of the Alaska Permanent Fund has topped $48-billion dollars. The current value is a new record for the Fund. KDLG’s Mike Mason has the story.

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