Economic Development
RSSBusiness attraction, tourism marketing, workforce training, commercial investment
Alaska construction trades keep few of their workers, state-commissioned study finds
More than 850 students toured construction trade booths at Alaska Construction Career Day in Palmer, part of an effort to address a skilled-worker shortage in the trades.
by Walter AlaskaNews2d ago1 min readAI
Mike Rowe helps mark a $250,000 gift to Seward's trade school
Mike Rowe showed up in Homer to help hand Seward's trade school a $250,000 Wells Fargo gift for scholarships and instructors.
by Walter AlaskaNews3w ago1 min readAI
UAA trains rural school workers to become teachers without leaving home
A UAA apprenticeship lets rural school workers become licensed teachers without leaving home, one answer to out-migration, though results aren't yet shown.
by Melinda Communities.News4d ago1 min readAI
Kodiak fish waste hauler is only applicant for former cannery site
A fish waste hauler is the only applicant for Kodiak's deteriorating former cannery site, and the city council must decide whether to sell.
by Walter AlaskaNews5d ago2 min readAI
Sitka's old pulp mill site keeps filling up — another lot goes out for development
Sitka is seeking a developer for another lot at its former pulp mill site — long mostly empty after the mill's 1993 closure, and now steadily filling up.
by Melinda Communities.News1w ago1 min readAI
AEDC report: Anchorage strained, the military its bright spot
A new AEDC report says Anchorage is getting squeezed: shrinking job share, high costs, low confidence. The military's the bright spot, but housing's the catch.
by Walter AlaskaNews1w ago1 min readAI
Juneau's Áak'w Landing project shrinks to a third its size
Huna Totem cut its Áak'w Landing development to a third its planned size after costs jumped from $150M to $250M+ — though all the promised public features stay.
by Walter AlaskaNews1mo ago1 min readAI
Fairbanks rally targets data centers as Air Force pursues Eielson lease
Air Force is exploring AI data center leases at Eielson while a community group rallies Saturday against 15 proposed statewide data centers over power grid and revenue concerns.
by Melinda Communities.Newsadded 4w ago2 min readAI
Alaska won up to $160M to hunt critical minerals with AI and microbes
UAF will lead a new NSF innovation engine — up to $160M over 10 years — using AI and microbes to find Alaska's critical minerals. SCIENCE!!
by Maggie AlaskaNews1mo ago2 min readAI
Alaska eyes $3B carbon revenue from 600,000 burned acres
Alaska plans to earn over $3 billion by replanting 600,000 burned acres as carbon offsets over 20 years. • Work requires 5,000 tree planters yearly plus nurseries and equipment, creating seasonal jobs. • Carbon market collapsed in 2024 but is recovering, with oversupply ending in 18 to 24 months.
by Bill AlaskaNews2mo ago2 min readAI
Alaska Is Selling Off Pieces of Itself — to Alaskans First
Alaska is auctioning 152 pieces of itself — residents only, no warranties, sometimes no road, and the state reserves the right to give your remote dream lot some neighbors.
by Walter AlaskaNews1mo ago2 min readAI
Cordova's co-op wants a data center to soak up unsold hydropower
Cordova has more hydropower than buyers, and a weak fish season is pushing rates up. The co-op's fix: a data center in a warehouse storage bay.
by Melinda Communities.News3w ago1 min readAI
NSF backs UAF-led critical minerals coalition with $15 million
Alaska holds 56 of the 60 minerals Washington calls essential. NSF is putting $15 million behind a UAF-led coalition to figure out how to get them.
by Melinda Communities.News3w ago1 min readAI
Stack Energy Plans Multi-Gigawatt Data Center Near Prudhoe Bay
Stack Energy plans $20 billion data center south of Prudhoe Bay with 10,000 construction jobs starting 2026. • Off-grid facility uses local natural gas, targets operations by late 2028. • Waste heat could power large-scale Alaska greenhouses. • Company pays state taxes and partners with Alaska Native groups on workforce training.
by Bill AlaskaNewsadded 2mo ago3 min readAI
Federal money built Alaska's recent growth — now it's receding fastest here
Federal dollars drove about half of Alaska's economic growth since 2015. Now the federal workforce is shrinking faster here than almost anywhere — and rural Alaska feels it most.
by Bill AlaskaNews1mo ago2 min readAI
AIDEA board approves $11 million dividend to state general fund
AIDEA board approved an $11 million dividend to the state general fund for fiscal year 2025, down $6 million from the prior year as the authority declared 42 percent of statutory net income instead of the maximum 50 percent.
by Walter AlaskaNews2mo ago1 min readAI
Alaska energy conference closes with call to protect economic freedom
Dunleavy and business author Wade say Alaska must cut regulations to compete for investment and jobs. • Wade argued over-regulation keeps poor nations poor, citing special economic zones as a model. • Dunleavy said a major energy project awaits legislature approval and could create thousands of jobs. • Wade told energy industry reliable, affordable power is essential to human flourishing.
by Walter AlaskaNews2mo ago2 min readAI
Alaska's investment arm hands its director more power over public money
AIDEA gave its director a standing $4.5M fund and the power to pick which projects get vetted with public money — faster, but with less board and public visibility.
by Melinda Communities.News1mo ago2 min readAI
Juneau invites Goldbelt to partner on Eaglecrest with two firm conditions
Juneau invited Goldbelt to invest in Eaglecrest Ski Area if it keeps city ownership and the deal stays separate from Goldbelt's West Douglas cruise dock proposal.
by Walter AlaskaNews1mo ago2 min readAI
Kenai council grants Tidewater LLC 10-year first right of refusal on Denina Point Estate
Kenai City Council unanimously gave developer Tidewater LLC a 10-year first right to buy the city-owned Dena'ina Point Estates parcel and committed $54,219 toward subdivision costs.
by Walter AlaskaNews1mo ago2 min readAI
Alyeschem breaks ground on North Slope methanol plant
Alyeschem broke ground May 15 on Alaska's first Arctic petrochemical plant at Prudhoe Bay, converting natural gas into methanol with AIDEA's $70 million financing and operations expected by late 2027.
by Walter AlaskaNews2mo ago2 min readAI
Why Alaska is giving out-of-staters more kings as the runs falter
Alaska just doubled out-of-staters' king limit in Southeast even as kings struggle elsewhere — because these are treaty-quota ocean fish, and visitors foot much of the state's fishing-budget bill.
by Bill AlaskaNews1mo ago2 min readAI
Alaska House passes bill creating Alaska-Ireland Trade Commission
Alaska House voted 38-0 Wednesday to pass HB 278, creating a nine-member Alaska-Ireland Trade Commission to support economic and cultural ties between the two regions.
by Walter AlaskaNews2mo ago1 min readAI
JAG Marine takes over Ketchikan Shipyard after state ends Vigor's 20-year run
AIDEA replaced Vigor Alaska with JAG Marine Group to operate the state-owned Ketchikan Shipyard after 20 years, citing poor performance. JAG projects adding 100 or more jobs over two years.
by Walter AlaskaNewsadded 2mo ago2 min readAI
Juneau sets two conditions for any Eaglecrest deal with Goldbelt
Juneau told Goldbelt it will keep owning Eaglecrest Ski Area and won't tie any deal to the corporation's separate cruise dock proposal.
by Walter AlaskaNews1mo ago2 min readAI
Alaska LNG faces tax competition from Canadian projects with federal support
Canada landed its big LNG project the old-fashioned way, by quietly stacking tax breaks for investors years before anyone broke ground, and Alaska's Senate spent Wednesday flipping through the recipe to see what's worth copying.
by Walter AlaskaNews2mo ago2 min readAI
Federal money, not oil, drove half of Alaska's growth — and now it's shrinking
Turns out the oil state runs on Washington's checkbook: federal money, not crude, drove half of Alaska's growth — and it's now shrinking.
by Bill AlaskaNewsadded 1w ago2 min readAI
A salmon hatchery wants to grow at Sitka's old pulp mill site
Sitka may lease a second lot at its old pulp mill site to the nonprofit behind much of Southeast's salmon hatchery production — room for the fish supply to grow.
by Walter AlaskaNews1mo ago1 min readAI
Murkowski backs bill to open banking to Alaska cannabis businesses
Alaska's weed shops are legal, licensed, taxed — and still can't get a bank account, running on cash since 2014. Murkowski wants to end the duffel-bag era.
by Walter AlaskaNews1mo ago2 min readAI
Alaska's best shot at a new federal fertilizer grant is an idle Nikiski plant — if it can get the gas
A new $500M federal program funds fertilizer plants. Alaska's one real candidate — the idled Nikiski plant — is stuck on Cook Inlet's gas shortage, not on money.
by Melinda Communities.News1mo ago2 min readAI
Anchorage Assembly weighs $254K economic development grant to AEDC
The Anchorage Assembly will vote on a $254,000 grant to the Anchorage Economic Development Corporation to fund economic development work through 2026, including a federal economic strategy.
by Walter AlaskaNews1mo ago2 min readAI
Labor department hosts Fairbanks skills event Wednesday
Alaska Department of Labor and Workforce Development hosts a skills and employment event Wednesday, June 3, in Fairbanks through its Job Center Network.
by Walter AlaskaNews2mo ago1 min readAI
AIDEA attacks environmental group before report release
AIDEA issued a press release April 9 attacking environmental group SalmonState's credibility before SalmonState published any report, calling the group funded by left-wing donors to oppose resource development.
by Walter AlaskaNewsadded 2mo ago1 min readAIAHFC board to set affordable housing award criteria June 24
Alaska Housing Finance Corporation's board votes June 24 on the rating system that determines which affordable housing projects get state funding, a decision that shifts which communities and project types win tax credits and grants.
by Alaska Newsadded 2mo ago2 min readAI
Utqiaġvik gets a new credit union branch, the northernmost in the world
Global Credit Union opened the world's northernmost branch in Utqiaġvik on July 9, offering home and vehicle loans to residents who previously had limited in-person banking options.
by Melinda Communities.Newsadded 3w ago2 min readAI
A developer wants to build homes and shops on a city lot in Kodiak — if the city sells
A developer wants to build six apartments and six shops on a vacant Kodiak city lot — a $1.6M project. First the council has to decide whether to sell the land.
by Walter AlaskaNews1mo ago1 min readAI
Sullivan-backed federal work drives Alaska shipyard training deal
AIDEA, JAG Marine Group, and Generations Southeast signed a workforce training agreement January 13 to prepare Alaskans for shipyard jobs tied to federal icebreaker and Coast Guard maintenance work Senator Dan Sullivan has promoted.
by Walter AlaskaNewsadded 2mo ago2 min readAI
