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Contents
Features
By Katie Pesznecker
Traditional Skills Inform Today’s Games
By Vanessa Orr
Traditional Skills Inform Today’s Games
By Vanessa Orr
About The Cover
They would be the first to say that it’s the community—engaged educators, volunteer business leaders, and generous corporate contributions—that make JA of Alaska’s mission possible. Whether you’ve worked with JA of Alaska before, or if you’ve never heard of the program, take a minute to visit their website (alaska.ja.org) to learn more about how you can help educate Alaska’s future.
Cover Photo: Photo Arts by Janna | Monica Sterchi-Lowman
Quick Reads
Special Section: Junior Achievment
Special Section: INDUSTRIAL SUPPORT SERVICES
No Problem.
From the Editor
Time moves forward unceasingly, but the cyclical nature of our planet and the impact that has had on our culture has created these yearly opportunities to reflect on the things that truly make our lives rich and what’s been and what’s to come.
Kerry Tasker
Billie Martin
press@akbizmag.com
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s Alaska continues climbing out from the COVID-19 pandemic, the state’s economy remains among the nation’s lowest performing, yet other indicators suggest potential for growth and recovery in 2023 and beyond.
While nearly half of other states have rebounded, Alaska is still reaching for pre-pandemic job levels, according to the October 2022 Alaska Economic Trends report published by the Alaska State Department of Labor and Workforce Development. Furthermore, a study published in November 2022 by the Alaska Center for Economic Development at UAA made a case that, for the last seven years, Alaska’s economy ranked “at or near the bottom” in key economic health measures compared to its national counterparts.
ansomware is the top cybersecurity threat to businesses today—and it is expanding at an alarming rate. In 2020, Alaska reported a record number of complaints about ransomware and other cybercrimes to the FBI’s Internet Crime Complaint Center (IC3). On a per-person basis, Alaska recently ranked as one of the country’s least secure states, according to Todd Clark, president of DenaliTEK and Cybersecure Alaska. “Per capita, Alaska had more cybercrimes reported in both 2018 and 2019 than any other state in America,” he says. “Alaska was 4th least secure in both 2020 and 2021.”
“Alaska is home to many military bases, energy companies, and government agencies,” says David W. Monroe, a cybersecurity consultant with Computer Task Group (CTG), which provides digital transformation solutions. “These industries and organizations have always been prime targets for ransomware attacks. Recently, news agencies in Alaska have been reporting on an increase in attacks on educational institutions as well.”
023 is particularly special for Junior Achievement (JA) of Alaska as we celebrate our 50th Anniversary. Fifty years ago in 1973, C. H. Rosenthal, Joseph P. Wiley, Dave Stein, and Les Pace established an organization to teach financial literacy, work readiness, and entrepreneurship to Alaska’s youth, helping them acquire the skills they needed to succeed in a changing economy.
The initial endeavor was called “Stop ‘Em from Droppin,” a partnership with the then-Anchorage Borough School District, business community, and S.A.V.E. aimed at allowing students, “through ownership of their own companies, to develop a realization of honesty and dependability in the world of work” and to “instill in young people a sense of responsibility for the successful functioning of American business and government during their lifetime.”
he Alaska Business Hall of Fame honors Alaskans who have made ongoing, significant contributions to the Alaska business community. They have established strong relationships within that community, donated their time and expertise to nonprofit and charitable causes, and built up the Alaska economy through their dedication, innovation, and leadership. The path that each laureate takes is highly varied, but they all start with a first job.
Below, we get to know the 2023 Alaska Business Hall of Fame laureates a little better, starting with their origin stories. To learn more about the laureates, the induction ceremony is being held January 19. Visit Alaska.ja.org for more details.
To Teach and to Serve
JA’s high-achieving educators and volunteers
ach year, JA of Alaska recognizes an educator and a volunteer who have gone above and beyond to support the program and Alaska’s students as they learn critical financial information and skills. According to JA of Alaska Executive Director Flora Teo, “Volunteers are the backbone of JA. We have a lot of talented, amazing leaders in our business community, and it is truly special when you see volunteers walk into a classroom and see the excitement on kids’ faces.”
While JA volunteers are critical for the program, it’s educators who work every day to make sure Alaska’s students are prepared for the future. “Alaska has amazing educators who rally for our students every day,” Teo says.
JA CEO: Penelope
Business Description: This company will plan your next family gathering, celebration, birthday party, et cetera. Parties include an on-site specialist and a consultation where the customer can provide details to make the event extra special. This business will plan events of all sizes.
Junior Achievement
JA CEO: Penelope
Business Description: This company will plan your next family gathering, celebration, birthday party, et cetera. Parties include an on-site specialist and a consultation where the customer can provide details to make the event extra special. This business will plan events of all sizes.
Junior Achievement
n July 2022 Junior Achievement (JA) of Alaska launched its first Biz Camp with the goal to ignite the entrepreneurial spirit among young people in Alaska.
Campers were divided by grade level and spent the week developing their business plans while learning about leadership and teamwork through physical fitness with the support of their camp counselors.
Thanks to support from the Alaska Community Foundation and Cook Inlet Region, Inc., students walked away with a business plan ready to put into action, and four students went home with seed money for their idea.
As JA board member Ryan Cropper often says, “Big businesses start as small businesses.”
If you think your student would benefit from Biz Camp—and you’re right—registration for that and three other new programs is now open at Alaska.ja.org.
Upper One Studios
Upper One Studios
By Vanessa Orr
hile working for the Alaska Department of Corrections, Rick Mallars and Tom Karpow were given the opportunity to create a probation/parole orientation video that could spread a consistent message across corresponding state offices. After spending a month creating the project, the duo discussed how much fun it would be to make videos for a living. Thirteen years later, they’re doing just that—and much more.
“We made the video, which was well-received, and that gave us the idea to start a video production company,” says Mallars, president and CEO of Upper One Studios. “I walked into my supervisor’s office and asked him if they would have hired me if I had my own company and had come in at a reasonable price, and he said yes. So I put in my two-weeks’ notice.”
Mallars cashed out his retirement and bought three cameras, audio equipment, and an editing program. He also came up with the name for the company, which refers to Alaska being the “Upper One state” above the Lower 48.
Come
Together
ach year, approximately 2,000 students statewide take part in Native Youth Olympics (NYO) junior and senior games, athletic contests based on skills crucial to Alaska Natives people’s traditional way of life. More than just a display of athletic prowess, the events focus on promoting healthy lifestyles, positive self-esteem, leadership skills, and good sportsmanship through friendly athletic competition.
Now in its 51st year, Cook Inlet Tribal Council (CITC) has been hosting the games since 1986, and NYO remains an active program within its Youth Empowerment Services Department.
“Our CITC staff, along with volunteers, provide all of the logistical and event planning support, fundraising, and marketing and promotion for the event and related activities each year,” says Tim Blum, senior marketing and communications specialist for CITC. “It’s a huge effort.”
Delta Backhaul, aided by local laborers, tidied up the 6.7-acre site, closing the majority of the old landfill through consolidation, compaction, and cover and developing a more manageable 1-acre site. All the better for Kivalina’s eventual relocation, whenever that massive effort takes place.
Of these supporting players, several equipment dealers have found an advantageous spot at the crossroads of high revenue and local ownership. Construction Machinery Industrial, Airport Equipment Rentals, and Craig Taylor Equipment all rank alongside their major building contractor clients among the Top 49ers (Alaska companies ranked by gross revenue). “Equipment Rentals” visits some of their peers, unfolding a map of how to succeed in equipment rental.
Industries need room to work and to store materials and inventory, and that’s the job of warehouse support businesses. It’s not as easy as rolling up the door on a big empty shed, as shown in “Where Oh Where Have Warehouses Gone?”
Every industry can benefit from professional insight, whether in the form of economic consulting or communications. “Clarity from Confusion” reports on Alaska’s biggest private research firms, while guest author Sarah Erkmann Ward of Blueprint Alaska shares her expertise with connecting to the public, particularly for resource development projects.
Other industries may live in the spotlight, but (to extend the metaphor) they would be in the dark without a stagehand to light the way.
Equipment Rentals
harles Klever, president of Yukon Equipment, Inc., says his company regularly rents a variety of heavy construction vehicles, including dozers, loaders, backhoes, sweepers, compaction rollers, and more. However, Yukon Equipment has recently seen a rise in the demand for excavators at all three of their locations in Anchorage, Fairbanks, and Wasilla. The main inventory of full-size excavators runs from 29,000 pounds to 55,000 pounds and comes with steel and rubber tracks. Several have front blades, and almost all come equipped with multiple buckets and hydraulic thumbs.
lucato | iStock
lucato | iStock
Equipment Rentals
A temporary toolbox has the right equipment at the right time
By Rachael Kvapil
harles Klever, president of Yukon Equipment, Inc., says his company regularly rents a variety of heavy construction vehicles, including dozers, loaders, backhoes, sweepers, compaction rollers, and more. However, Yukon Equipment has recently seen a rise in the demand for excavators at all three of their locations in Anchorage, Fairbanks, and Wasilla. The main inventory of full-size excavators runs from 29,000 pounds to 55,000 pounds and comes with steel and rubber tracks. Several have front blades, and almost all come equipped with multiple buckets and hydraulic thumbs.
Coming in the summer of 2023, Span’s FSC will increase our capacity, improve security, offer customizable storage areas, and streamline freight handling — all to ensure faster, smoother, and more consistent delivery of your product to its final destination.
To schedule a pickup or find the Span location nearest you, call 1-800-257-7726 or visit us at spanalaska.com.
PIPEFITTERS & WELDERS
of the UNITED ASSOCIATION
Pipelines for Over 40 Years
APPRENTICESHIP INTERVIEWS YEAR AROUND
Where Oh Where Have Warehouses Gone?
Creative uses of industrial storage space
arehouses are easy to ignore. Almost by definition, they are places that the general public passes by but rarely visits.
“Most of the time you don’t allow the public inside because of the safety requirements,” says Rosita Johnson, business development manager for Advanced Supply Chain International (ASCI) in Anchorage. The company manages inventory contained inside buildings stacked to the roof with pallets, forklifts scooting to and fro.
A warehouse is defined less by its form than by function. “It doesn’t have anything to do with what the building looks like; it is what the zoning allows you to do in that building,” explains Elisha Martin, a real estate broker with Colliers International. While many warehouses have large roll-up doors, some don’t. Most are designed around access for delivery trucks, and as a rule they are places where only people who work there ever see the inside.
- Prepare your business for Alaska’s future!
- Encourage your employees to complete their degree or certification online!
- UAF eCampus Business Partnerships offer discounts.
- Contact Teresa Thompson to get started:
- tathompson2@alaska.edu
907.455.2090
ecampus.uaf.edu
UAF is an AA/EO employer and educational institution and prohibits illegal discrimination against any individual.
STEP INTO ALASKA’S FUTURE WITH UAF eCAMPUS
- Prepare your business for Alaska’s future!
- Encourage your employees to complete their degree or certification online!
- UAF eCampus Business Partnerships offer discounts.
- Contact Teresa Thompson to get started:
- tathompson2@alaska.edu
907.455.2090
ecampus.uaf.edu
UAF is an AA/EO employer and educational institution and prohibits illegal discrimination against any individual.
– SPONSORED CONTENT –
By Janis Plume
Senior Account Manager
very few months, I’m asked to write a short article about advertising strategies, including the print and digital products offered by Alaska Business.
I sometimes mention our one-on- one service and how we build strong relationships. I genuinely believe the best service and advice come from frank discussions with clients over time.
I could tell you more about how I feel about Alaska Business and what it has to offer—or you can hear it from our clients…
ood communication is critical for any business or industry. This is especially true when developing natural resources in Alaska, where nothing is more indicative of a project’s success or failure than the quality of communication with stakeholders.
It’s not an easy task. The list of development projects that enjoyed early success or showed incredible promise only to be relegated to the dustbin of Alaska history is long. Of course, economics ultimately determines if projects move forward. But in many cases, the frequency and tone of communications plays an outsized role, ultimately impacting the economics.
So, what are some best practices, especially at a time when Alaska is poised to benefit from several new, large-scale development projects?
ome exacting economists shy away from using the word “unique” to describe Alaska’s particularities, but local knowledge clearly helps to answer the types of questions that specialized consultants tackle every day. Behind the scenes, they provide answers—or, at least, very educated guesses—to big questions: How are key industries like mining, fishing, and oil and gas development expected to grow, shift, or decline? How can rural communities arrive at consensus on heated topics, and then turn those agreements into action? What would be the economic impact on the state if, say, the Alaska LNG pipeline project moved forward?
Through a combination of field work, data collection, and number crunching, local firms such as Northern Economics, McKinley Research Group, and Agnew::Beck Consulting have been transforming confusion into clarity for decades. “Maybe it’s not that Alaska’s necessarily unique by an economic definition, but we believe that we have a context here that has to be understood to help the kind of clients we really want to help,” says Katie Berry, McKinley’s Director of Economics and Research. “Our work is largely focused on helping Alaskan industries, communities, and people drive themselves forward and make the next set of decisions for their businesses and organizations.”
Industry and
Economic
Development
in Alaska
business with us year after year.
Carter Damaska | Alaska Business
The co-owners of Donlin Gold have yet to make the go-ahead decision, yet exploration and pre-development have kept workers busy at the site for twenty-five years.
Carter Damaska | Alaska Business
Carter Damaska | Alaska Business
Donlin Gold development
hough placer mines had been in the Middle Kuskokwim area for decades, the official discovery of the Donlin Gold deposit in the late ‘80s led to one of the largest undeveloped gold projects in the world. Expected to take three to four years to construct, the mine aims to produce 1.1 million ounces of gold each year over its twenty-seven-year lifespan. The deposit is five times the average size of its peer mines, according to NOVAGOLD, one of the partners on the project.
Donlin Gold has been conducting environmental studies and developing engineering plans for the site for more than twenty years. In 1996, landowners Calista Corporation and The Kuskokwim Corporation (TKC) came to an agreement that gave a company called Placer Dome mining rights at Donlin Creek. Placer Dome was eventually purchased by Barrick Gold Corporation, and Donlin Gold is now owned in equal parts by Barrick Gold Corporation and NOVAGOLD Resources, both based in Canada.
states of urgency
in corporate
spaces
ecently, I was reflecting on one of my favorite mentors. She was a rockstar consultant with a brilliant mind and excellent communication skills. She was consistently thrown into challenging and high-conflict situations because of her track record for figuring out the core issue and her ability to bring frustrated people back to the table to resolve it. If you needed something done, throw Jane* at it. She was the ultimate fixer.
She taught me a skill early in my career that I’ve never forgotten: she was an expert at classifying the urgent from the non-urgent.
I remember in my early twenties, rushing down a long hallway to gain her attention. I was so focused on getting her advice that I often would track her down and take the few minutes she had between meetings to walk hallways with her. In this particular moment, she stopped. Paused. Took a breath. And then stated something to me very gently and very calmly: “This is not urgent. We are not curing cancer. No one is dying in this moment. Remember that. Now, what exactly do you need?”
residentialmtg.com
flyaleutian.com
Economic Indicators
1.1% change from previous month
11/29/2022
Source: Alaska Department of Natural Resources
-3.6% change from previous month
Source: Alaska Department of Natural Resources
4.5% Unemployment
Source: US Bureau of Labor Statistics
Alaska Trends
erhaps the most discouraging statistic in the Alaska Department of Labor and Workforce Development’s cost of living publication is the Affordability Index. That measures how many monthly paychecks it takes to afford a 30-year mortgage on a typical house. In most places, the number of paychecks is more than one, which strikes a blow to the traditional vision of a single-earner household.
The encouraging part of that statistic, though, is that there is at least one place where the single-earner household can exist: in Fairbanks, the Affordability Index is less than one paycheck per household.
At 4.9 percent, price increases in 2021 in Alaska were the highest since 1990, and they only ballooned going into 2022. While inflation retreated as the year progressed, 2022 is liable to end up with double-digit increases. Still, state economist Neal Fried likes to point out that Alaska had annual inflation above 5 percent from 1974 to 1982, yet those were Alaska’s boom years, albeit for once-in-a-lifetime reasons. His point is that high inflation doesn’t have to spell economic doom.
This edition of Alaska Trends checks the cost of living across Alaska and over time.
Shadows on the Koyukuk: An Alaskan Native’s Life Along the River by Sidney Huntington and How to Be Your Dog’s Best Friend by the Monks of New Skete.
What vacation spot is on your bucket list?
Iceland.
If you could domesticate a wild animal, what animal would it be?
We had a black wolf that hung out at Mendenhall Glacier for a number of years and got a chance to ski with it, which was really amazing.
What’s the first thing you do when you get home after a long day at work?
Walk the dog. Feed the dog.
What charity or cause are you passionate about?
SEADOGS (Southeast Alaska Dogs Organized for Ground Search).
Shadows on the Koyukuk: An Alaskan Native’s Life Along the River by Sidney Huntington and How to Be Your Dog’s Best Friend by the Monks of New Skete.
What vacation spot is on your bucket list?
Iceland.
If you could domesticate a wild animal, what animal would it be?
We had a black wolf that hung out at Mendenhall Glacier for a number of years and got a chance to ski with it, which was really amazing.
What’s the first thing you do when you get home after a long day at work?
Walk the dog. Feed the dog.
What charity or cause are you passionate about?
SEADOGS (Southeast Alaska Dogs Organized for Ground Search).
Off the Cuff
n a weekly basis, the co-founders of Alaskan Brewing Company tromp into the muskeg on Douglas Island with their dog, Tango, to hone the retriever’s trailing skills. A SEADOGS volunteer hides in the brush, and Tango sniffs them out. The exercise keeps Geoff and Marcy Larson and their pooch ready for when Alaska State Troopers call for help to locate a missing person.
“It’s sometimes a very traumatic period for a small community,” Geoff says, “but it’s amazing to see how small communities pull together.”
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Thank You Alaska!
Thank you to our friends, neighbors, and valued customers for your ongoing support and partnership, and special thanks to each of our dedicated employees for their continued care, expertise, and ingenuity as we all work together to keep Alaska moving. We look forward to continuing to serve our communities by providing multi-modal transportation and logistics solutions across the entire state!