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Economy & Business

Economy & Business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It covers municipal budgets, infrastructure and airport planning, federal grants and contracts, employment trends, and energy development across Alaska.

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Thursday, Sep 24

Kenai's council will award a bluff erosion contract the day after bids close

Kenai's council votes Sept. 30 on an erosion contract with blanks where the contractor and the price go. Bids do not close until the day before.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Kenai's council will award a bluff erosion contract the day after bids close

Nome utility board member says new housing project's septic units will need heavy upkeep

New Nome housing will run on above-ground septic units with grinders, pumps and UV lights. A utility board member says they will need a lot of babysitting.

Bill AlaskaNewsby Bill AlaskaNews1mo ago2 min read
Cover image for article: Nome utility board member says new housing project's septic units will need heavy upkeep

Fairbanks job fair Thursday: retail, grocery, restaurant and bank employers

Fifteen employers including Fred Meyer, Walmart, and McDonald's are hiring at the Fairbanks Job Center on Thursday from 11 am to 3 pm.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Fairbanks job fair Thursday: retail, grocery, restaurant and bank employers

Public comment is open on Cook Inlet subsea data-center plan

Comments close Nov. 2 on a proposed tidal-powered subsea data center off Nikiski. The permit would authorize study, not construction.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Public comment is open on Cook Inlet subsea data-center plan

Wednesday, Sep 23

Juneau's planning commission approved a subdivision plat it rejected in July

Juneau's planning commission turned this subdivision down in July over drainage. The Assembly sent it back, and on Tuesday it passed it.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min read
Cover image for article: Juneau's planning commission approved a subdivision plat it rejected in July

Juneau Planning Commission approves second commercial tenant at Clinton Drive Domino's building

Juneau approved a second commercial tenant next to the Clinton Drive Domino's. Who actually moves in is still unknown, and no parking was added.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min read
Cover image for article: Juneau Planning Commission approves second commercial tenant at Clinton Drive Domino's building

Coast Guard awards nearly $5 million to fix moisture damage in Cordova family housing

The Coast Guard is spending nearly $5 million to fix moisture damage in its Cordova duplexes. In fairness to the duplexes, they do live in Cordova.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Coast Guard awards nearly $5 million to fix moisture damage in Cordova family housing

Federal grant of $310,307 funds condition survey of Alaska's ferry fleet

Alaska is paying $310,000 to survey a ferry fleet whose flagship turns 62 this year. The bid to replace it came in $49 million over budget.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min read
Cover image for article: Federal grant of $310,307 funds condition survey of Alaska's ferry fleet

More from Economy & Business

CBP awards Teya Diversified $23.3 million for border port repairs

Anchorage-based Teya Diversified won three CBP contracts worth $23.3 million for repairs at northern border ports, though records do not confirm whether any work occurs in Alaska.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min read
Cover image for article: CBP awards Teya Diversified $23.3 million for border port repairs

Denali Borough needs 150 more housing opportunities, assessment says

Denali Borough counts 1,301 homes and only 565 are lived in year-round. Employers say they still need at least 150 more units on top of that.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Denali Borough, Alaska
Cover image for article: Denali Borough needs 150 more housing opportunities, assessment says

Denali Borough adds $130,710 to fix roads damaged fighting a fire

Denali Borough is spending another $130,710 on June Creek roads chewed up during the Bear Creek Fire. One official wore waders to do his chores.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Denali Borough adds $130,710 to fix roads damaged fighting a fire

EPA proposes $21,618 penalty over Red Dog Mine spill into Red Dog Creek

EPA proposed a $21,618 penalty against Teck Alaska Inc. for a May 2025 leak of process water into Red Dog Creek near Kotzebue after a pump failure at the mine.

Maggie AlaskaNewsby Maggie AlaskaNews1mo ago2 min read
Red Dog Mine, Northwest Arctic, Alaska
Cover image for article: EPA proposes $21,618 penalty over Red Dog Mine spill into Red Dog Creek

State denies Florida company's bid to expand oil unit on the Arctic refuge border

A Florida company wanted three more leases added to its oil unit on the Arctic refuge border. The state says the leases had expired and showed no oil or gas.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min readFrom
Cover image for article: State denies Florida company's bid to expand oil unit on the Arctic refuge border

Hemp plant proposal asks Houston council for land and permitting help

A foundation wants a hemp processing plant near Houston to serve Alaska fiber growers. The state's hemp registry currently lists only retailers.

Melinda Communities.Newsby Melinda Communities.News1mo ago2 min read
Cover image for article: Hemp plant proposal asks Houston council for land and permitting help

Soldotna weighs letting rural lots hold two homes instead of one

Soldotna may let rural residential lots hold two homes instead of one, partly because people east of the highway are already building without permits.

Melinda Communities.Newsby Melinda Communities.News1mo ago2 min read
Cover image for article: Soldotna weighs letting rural lots hold two homes instead of one

Southeast's freight surcharge hits its highest published level

The fuel surcharge on Southeast freight hits 22.5 percent, the highest on record. Nobody outside the company can check the number against anything.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readFrom
Southeast Alaska
Cover image for article: Southeast's freight surcharge hits its highest published level

About Economy & Business

Economy and business in Alaska is the mix of government decisions, contracts, grants and private projects that shape the state's economy. It is the broad subject that holds narrower topics such as business, energy, oil and gas, mining, aviation and tourism.

Much of it runs through public bodies, with municipal assemblies approving contracts and planning decisions, state agencies leasing land and selling gravel and rock, and AIDEA lending to industry. Recurring questions concern infrastructure such as harbors, airports, roads and water and sewer lines, along with housing and zoning rules, energy supply, labor contracts, federal grants and military construction.

Its decisions reach every part of the state, from Anchorage and the Mat-Su to Kodiak, Cordova, Haines and the North Slope. Federal and military spending, resource development and Alaska Native corporation ventures all feed into the economy.

More from Economy & Business

Governor candidates split over how to close Southcentral gas gap

All four candidates want more Cook Inlet gas. They differ over lease enforcement, production incentives, tax stability and power diversification.

Walter AlaskaNewsby Walter AlaskaNews1mo ago4 min read
Southcentral Alaska
Cover image for article: Governor candidates split over how to close Southcentral gas gap

Ketchikan's new tourism board will not include the cruise line agencies

Ketchikan is seating a tourism board without the cruise agencies on it. Whether the industry has grown too fast stays with the city council.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Ketchikan's new tourism board will not include the cruise line agencies

Senate Indian Affairs Committee advances Native housing rewrite to full Senate

A Senate committee advanced a rewrite of the law funding village housing. It would let aid reach teachers and nurses who earn too much to qualify now.

Maggie AlaskaNewsby Maggie AlaskaNews1mo ago2 min read
Cover image for article: Senate Indian Affairs Committee advances Native housing rewrite to full Senate

Alaska Power Company asks to waive charges for customers cut off by disasters

Alaska Power Company wants to stop charging people to reconnect after a disaster. Its customers pay about twice what Anchorage pays for power.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Alaska Power Company asks to waive charges for customers cut off by disasters

Alaska will spend up to $250,000 studying a ferry terminal in Hyder

Alaska wants to study a ferry terminal for a town of 41 people. The reason is Canada: Hyder's road runs south through B.C., and Prince Rupert may not last.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Southeast Alaska
Cover image for article: Alaska will spend up to $250,000 studying a ferry terminal in Hyder

People Mover puts up its first artwork bus stop sign on Muldoon Road

Anchorage bus stops are getting artwork and metal signs to replace paper schedules, starting at Muldoon Road and Northern Lights Boulevard.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: People Mover puts up its first artwork bus stop sign on Muldoon Road

Payless would pay more than $500,000 over document fees under proposed settlement

More than 5,000 Alaskans paid a $499 fee that was not in the online price. They are getting $100 back, and the state says that is on purpose.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Payless would pay more than $500,000 over document fees under proposed settlement

MEA seeks new power supply as its Hilcorp gas contract winds down

MEA is shopping for new power supply before its Hilcorp gas contract ends in 2029, and asking members how they feel about data centers arriving.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Southcentral Alaska
Cover image for article: MEA seeks new power supply as its Hilcorp gas contract winds down

Palmer's plan to test whether its two main wells can produce more clears state review

Palmer's plan to study and possibly expand Wells 4 and 5, which supply 90 percent of the city's water, cleared state environmental review. The city has requested a $1.5 million state loan for it.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Palmer's plan to test whether its two main wells can produce more clears state review

Cook Inlet gas storage at 69.5% as winter nears, with one field shut in for maintenance

Southcentral's gas storage fields are still filling and sending nothing out, at 69.5 percent full with winter coming and Enstar 3 Bcf short.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Southcentral Alaska
Cover image for article: Cook Inlet gas storage at 69.5% as winter nears, with one field shut in for maintenance

Tuesday, Sep 22

The Alaska Court System awarded a $5.25 million contract to expand the Palmer Courthouse

The Legislature gave Palmer a fifth superior court judge this summer. The courthouse did not have room for the four judges it already had.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min read
Southcentral Alaska
Cover image for article: The Alaska Court System awarded a $5.25 million contract to expand the Palmer Courthouse

Wasilla commissioner asks if city should pause commercial development

A Wasilla commissioner floated halting commercial development over road funding. The chair noted commerce is what pays the city's share of road projects.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Wasilla commissioner asks if city should pause commercial development

Nome's utility is five years behind on audits and borrowing costs more

Nome's utility hasn't finished an audit since 2021, and its manager says the delay is probably raising the interest rate on its annual fuel loan.

Bill AlaskaNewsby Bill AlaskaNews1mo ago2 min read
Cover image for article: Nome's utility is five years behind on audits and borrowing costs more

The King Cove road is under construction, but the refuge corridor is still blocked

Bulldozers are on the first 2.8 miles of the King Cove road. The 10.5 miles through the refuge that would finish it are still blocked by a judge.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min readFrom
Cover image for article: The King Cove road is under construction, but the refuge corridor is still blocked

A Palmer barbecue restaurant's parking variance waits another month after neighbors object

A Palmer barbecue joint with zero parking spots says it counted 698 nearby on Google Earth. A dozen neighbors said that's not how this works.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
1
Cover image for article: A Palmer barbecue restaurant's parking variance waits another month after neighbors object

Juneau moves to ban electric motorcycles on nearly all public property

Juneau would ban electric motorcycles on nearly all public property, with exemptions for Montana Creek Trail and the off-road vehicle park.

Walter AlaskaNewsby Walter AlaskaNews1mo ago2 min read
Cover image for article: Juneau moves to ban electric motorcycles on nearly all public property

MEA surveys members on potential data center development

MEA is polling members about data centers while the state weighs handing 20,000 acres in its territory to AIDEA for a plan that lists data centers.

Melinda Communities.Newsby Melinda Communities.News1mo ago2 min read
67% read
Cover image for article: MEA surveys members on potential data center development

Left lane closed on O'Malley Road northbound until 4 p.m. Tuesday

One northbound lane of O'Malley Road is closed until 4 pm Tuesday for guardrail and fence repair. The road itself stays open the whole time.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Left lane closed on O'Malley Road northbound until 4 p.m. Tuesday

Three Homer Electric generators failed at once, and hydro covered the gap

Three of Homer Electric's generators failed at once in August. It bought hydro to cover, from a dam whose lines cannot carry its full output.

Alaska Newsby Alaska News1mo ago2 min read
Cover image for article: Three Homer Electric generators failed at once, and hydro covered the gap

Homer's tsunami evacuation route is being raised and widened

The road Homer would use to get people off the Spit ahead of a tsunami is being raised and widened, with $1.17 million obligated toward it so far.

Walter AlaskaNewsby Walter AlaskaNews1mo ago1 min read
Cover image for article: Homer's tsunami evacuation route is being raised and widened

FAA awards Sitka $2 million for seaplane base land and final design

Sitka has federal money to buy land and finish designs for a new floatplane base. The $34 million to actually build it hasn't turned up yet.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min read
Cover image for article: FAA awards Sitka $2 million for seaplane base land and final design

Kodiak's health center is getting its own heating unit, off the hospital's

Kodiak's community health center shares aging air handling with the hospital next door. A $300,000 earmark buys it a rooftop unit of its own.

Melinda Communities.Newsby Melinda Communities.News1mo ago1 min read
Cover image for article: Kodiak's health center is getting its own heating unit, off the hospital's

North Pole's bed tax collections are up 137% and headed for a record year

North Pole's bed tax collections more than doubled this year, likely because short-term rentals are finally paying up. A magazine also called it charming.

Alaska Newsby Alaska News1mo ago2 min read
Cover image for article: North Pole's bed tax collections are up 137% and headed for a record year

The line that powers Petersburg would leave federal license oversight

Petersburg gets its power over an 80-mile line from Tyee Lake. The agency running it wants that line out of its federal license, the second this year.

Maggie AlaskaNewsby Maggie AlaskaNews1mo ago1 min read
Cover image for article: The line that powers Petersburg would leave federal license oversight