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January 2025 | Volume 41 | Number 1 | AKBIZMAG.COM

Contents

Features

Alaska’s Economic Outlook
Forecasting 2025

By Terri Marshall

Dark Horse on the Homestretch
Mustang places Finnex among North Slope producers

By Dimitra Lavrakas

Connectivity Lifelines
Supporting communications when emergencies strike

By Tracy Barbour

Trash Is Cash
The vital support of waste hauling services

By Chuck Green and Scott Rhode
Southeast Alaska Regional Health Consortium Juneau
two healthcare workers wearing masks both flex their right arms showing a circular sticker on their lower shoulder

Alaska’s Economic Outlook
Forecasting 2025

By Terri Marshall
Southeast Alaska Regional Health Consortium Juneau

Dark Horse on the Homestretch
Mustang places Finnex among North Slope producers

By Dimitra Lavrakas

Connectivity Lifelines
Supporting communications when emergencies strike

By Tracy Barbour

Trash Is Cash
The vital support of waste hauling services

By Chuck Green and Scott Rhode

About The Cover

cover of the Volume 1 Number 1 edition of Alaska Business monthly, published in January 1985

First National Bank Alaska Board Chair, CEO, and President Betsy Lawer graces the cover of our 40th anniversary issue, referencing (though not exactly recreating) our very first cover, which featured her father, Dan Cuddy, who was First National’s board chair and president at the time. Lawer is celebrating her own professional milestone: fifty years of working for the bank that she now leads. Father and daughter have a lot in common: a dedication to community, a passion for investing in employees, a policy of honesty and transparency—and they have both been inducted into the Junior Achievement Hall of Fame (in 1993 and 2007, respectively), which will celebrate its 40th anniversary in 2028.

Photography by Amber Johnson

About The Cover

First National Bank Alaska Board Chair, CEO, and President Betsy Lawer graces the cover of our 40th anniversary issue, referencing (though not exactly recreating) our very first cover, which featured her father, Dan Cuddy, who was First National’s board chair and president at the time. Lawer is celebrating her own professional milestone: fifty years of working for the bank that she now leads. Father and daughter have a lot in common: a dedication to community, a passion for investing in employees, a policy of honesty and transparency—and they have both been inducted into the Junior Achievement Hall of Fame (in 1993 and 2007, respectively), which will celebrate its 40th anniversary in 2028.

Photography by Amber Johnson

cover of the Volume 1 Number 1 edition of Alaska Business monthly, published in January 1985
Special Section: Junior Achievement
Special Section: Industrial Support Services
Alaska Business (ISSN 8756-4092) is published monthly by Alaska Business Publishing Co., Inc. 501 W. Northern Lights Boulevard, Suite 100, Anchorage, Alaska 99503-2577; Telephone: (907) 276-4373. © 2025 Alaska Business Publishing Co. All rights reserved. No part of this publication may be reproduced without written permission from the publisher. Alaska Business accepts no responsibility for unsolicited materials; they will not be returned unless accompanied by a stamped, self addressed envelope. One-year subscription is $39.95 and includes twelve issues (print + digital) and the annual Power List. Single issues of the Power List are $15 each. Single issues of Alaska Business are $4.99 each; $5.99 for the July & October issues. Send subscription orders and address changes to circulation@akbizmag.com. To order back issues ($9.99 each including postage) visit simplecirc.com/back_issues/alaska-business.
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Volume 41, #1

Editorial
Managing Editor
Tasha Anderson
907-257-2907
tanderson@akbizmag.com
Editor/Staff Writer
Scott Rhode
srhode@akbizmag.com
Associate Editor
Rindi White
rindi@akbizmag.com
Editorial Assistant
Emily Olsen
emily@akbizmag.com
PRODUCTION
Art Director
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907-257-2916
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Design & Art Production
Fulvia Caldei Lowe
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Web Manager
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SALES
VP Sales & Marketing
Charles Bell
907-257-2909
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Senior Account Manager
Janis J. Plume
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Senior Account Manager
Christine Merki
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Marketing Assistant
Tiffany Whited
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BUSINESS
President
Billie Martin
VP & General Manager
Jason Martin
907-257-2905
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Accounting Manager
James Barnhill
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From the Editor

I

t’s not meaningful, but it is a fun coincidence that Alaska Business Publishing Co. was organized as a company the year I was born, in 1984. It may shock you that I was not a part of that initial process, but it’s true: it took me a few years to find my way here (after learning to walk and read and various other life skills).

But the first issue of Alaska Business (then Alaska Business Monthly) was published in January 1985, which means this month marks our 40th anniversary of publishing. We’ve already started celebrating the occasion, referencing (though not replicating) our original cover: Betsy Lawer, First National Bank Alaska board chair, CEO, and president, struck a pose similar to her father, Dan Cuddy, who graced that inaugural 1985 cover when he was the bank’s board chair and president.

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Economic Development
Alaska’s
Economic Outlook
Forecasting 2025
By Terri Marshall
Southeast Alaska Regional Health Consortium Juneau
Alaska’s Economic Outlook
Forecasting 2025
By Terri Marshall
W

hile no one can truly predict the future, the Alaska Department of Revenue does its best. About a year ago, the department’s Tax Division prepared the Spring 2024 report on income sources, a barometer of broad economic activity for Fiscal Year 2025 (FY2025) mainly based on crude oil prices and production volume. The report anticipated North Slope production of 467,600 barrels per day in FY2024 and 476,800 barrels per day in FY2025. Beyond FY2025, production is forecast to gradually increase to 641,100 barrels per day by FY2034.

Beyond that news, the biggest surprise for revenue forecasters is, as always, oil prices driven by global markets. “Obviously, the oil prices are not what they were a couple of years ago,” says Dan Stickel, chief economist for the Department of Revenue. “However, the oil and gas industry continues to be innovative in utilizing new technologies in driving their operating costs down. Current oil prices are at a level where new projects can be economic.”

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Events | Concerts | Conferences | Conventions | Banquets | Meetings | Trade Shows | Weddings | In-house Catering | Equipment Technology

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ASM Global is the world’s leading producer of entertainment experiences. It is the global leader in venue and event strategy and management – delivering locally tailored solutions and cutting-edge technologies to achieve maximum results for venue owners. The company’s elite venue network spans five continents, with a portfolio of more than 350 of the world’s most prestigious arenas, stadiums, convention, and exhibition centers, and performing arts venues.
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The First Choice to the Last Frontier
Since 1978, Span Alaska has connected the world to all of Alaska with a weather tested network of highway, vessel, barge, and air transportation.

At our West Coast Consolidation Center, we load your products into dedicated containers that transit directly to one of six service centers or air cargo facility for final-mile delivery. This eliminates extra rehandling and costly delays.

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  • Delivery throughout Alaska, from metro Anchorage to North Slope to remote villages in the Bush
  • Customized solutions for commercial and industrial sectors, including oil and gas, construction, F&B, and retail/tourism
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Consolidation Centers: Auburn WA • Chicago IL
Alaska Service Centers: Anchorage • Fairbanks • Juneau • Kodiak • Soldotna • Wasilla
Junior Achievement
A 1987 letter from Junior Achievement of Alaska, Inc. recognizing business contributions, featuring a logo, a photograph of a man, and a signature.
This letter from Tom Otway, then-executive director of Junior Achivement of Alaska, opened the inaugural Junior Achiement of Alaska special section, printed in March 1987, and introduced the Alaska Business Hall of Fame.

Alaska Business Publishing Archives

Empowered Youth
By Flora Teo, President, JA of Alaska
Independent studies reflect the value of Junior Achievement (JA). Students exposed to JA:

  • Perform better academically,
  • Earn 20 percent higher incomes,
  • Are more likely to become entrepreneurs (143% more likely),
  • Enjoy higher graduation rates,
  • Feel more prepared to make career choices, and
  • Experience greater social mobility.

Perhaps more importantly, JA endeavors to help kids understand the connection between personal responsibility, hard work, perseverance, and success—lessons that have never been more relevant.

JA continues to innovate to continue our important work. We have expanded our suite of program offerings in Alaska, launching new virtual programs that ensure all students can tap into our invaluable resources, regardless of their location.

Just in the 2024–2025 school year alone, 20,000 students will benefit from our programs, and the demand continues to grow.
If you haven’t already done so, please support the Alaska Business Hall of Fame by buying a ticket or sponsoring a table for your company. The stories from the laureates are incredible, and you get to hear from students currently engaged with JA of Alaska about what JA has taught them. This is our largest event of the year—and a true celebration of business in Alaska.

The support from our community partners, donors, school districts, and volunteers has been instrumental in this journey. Together, we are shaping a brighter future for Alaska by ensuring the next generation is equipped with the skillset and the mindset to build a thriving future for our state.

Junior Achievement
Decades of Achievement
Long-standing partnerships, lasting results
By Tasha Anderson
I

n 1987 Alaska Business partnered with Junior Achievement (JA) of Alaska to launch the Alaska Business Hall of Fame, and the two organizations have continued honoring inductees annually. The March 1987 issue of Alaska Business featured the first JA special section, which opened with a letter from then-JA of Alaska Executive Director Tom Otway, who explained the program’s origin: “The Alaska Business Hall of Fame program grew out of the National Business Hall of Fame, in which Junior Achievement and Fortune magazine recognize the outstanding contributions of business leaders nationwide to the vitality of the free enterprise system… The Hall of Fame program recognizes the link between the education of today’s young people and the accomplishments of these pioneers in the growth of Alaskan business. Alaska is assured continued business growth as its youth, strengthened with economic education and business role models, become tomorrow’s pioneers of free enterprise.”

The Alaska Business Hall of Fame celebrates longstanding partnerships of nonprofits, media organizations, and the business community working to educate and prepare our youth, strengthening our workforce and economy as they excel.

As Alaska Business looks back over forty years of publication, we are proud of our role in connecting businesses and business leaders with nonprofits like JA of Alaska to the benefit of, well, just about everyone.

Junior Achievement
Alaska Business Hall of Fame 2025
Laureates prioritize service and relationships
By Scott Rhode
F

our Alaska business leaders join the Alaska Business Hall of Fame at the annual Junior Achievement (JA) of Alaska celebration in January. Laureates Linda Leary, Joe Schierhorn, Ralph Seekins, and (posthumously) the late US Representative Don Young form the class of 2025. The hall of fame honors business leaders for their support of Alaska’s economic success and for commitment to JA programs.

Linda Leary
Linda Leary headshot
Linda Leary
Fishe Wear, Women’s Flyfishing and Linda Leary Consulting
Linda Leary
Fishing in the waters of Maine, where she grew up, led Linda Leary almost directly into her current career selling specialty outdoor apparel—give or take a thirty-year detour through trucking and logistics. Apart from her ventures at Fishe Wear, Women’s Flyfishing, and Linda Leary Consulting, she would’ve earned a place in the Alaska Business Hall of Fame for her role developing Carlile Transportation into a major shipping provider in the state.

“I kind of fell into the transportation business,” she admits. Leary moved to Alaska immediately after college, seeking business opportunities. She found her place at Carlile when it was still a small company.

“Eight guys were driving trucks all day, and I was answering the phones, invoicing, doing whatever to get things going,” she recalls. Leary did sales, too, as the company grew. She earned a master’s degree in supply chain management from UAA and was president of Carlile by the time it was sold to Seattle-based transport conglomerate Saltchuk in 2013.

Material Flow and Conveyor Systems Inc.
Toll Free
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Phone
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6112 Petersburg St.
Anchorage, AK 99507
Visit Our Website:
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Congratulations to Northrim Bank
Chairman Joe Schierhorn
Alaska Business Hall of Fame Class of 2025
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As a charter employee of Northrim, your 34 years of dedication to the Bank and providing opportunities to Alaskans through community banking have helped grow our state.

You’ve set the example for prioritizing Superior Customer First Service and building long-term relationships throughout the business community — inspiring all of us at the Bank.

We applaud your community impact and stewardship of Alaska’s economy.

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northrim.com | (907) 562-0062
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Junior Achievement
Educator and Volunteer of the Year
Outstanding outreach with JA of Alaska
By Vanessa Orr
J

unior Achievement’s (JA) mission is to inspire and prepare young people to succeed in a global economy—but they can’t do it alone. It takes the efforts of a wide range of people, from corporate employees and entrepreneurs to educators and volunteers to provide the kind of education students need to excel in today’s world. Each year, JA of Alaska recognizes the exceptional efforts of an educator and volunteer.

Educator of the Year
Dr. Clare Fulp, senior director of elementary education for the Anchorage School District’s central region, first became involved with JA as a teacher seventeen years ago. She later served as the principal at schools including Ravenwood Elementary, Chugach Optional, and Mountain View Elementary, where she advocated bringing the JA program to those schools.

“The financial literacy piece of JA is very important to me, so I take any opportunity I can to support Junior Achievement in the schools where I work,” she explains. “In my new position as senior director of elementary education, my impact may be even greater.”

Junior Achievement
student smiling while holding up drawing
Alexis Asi
Drawing a Path Home
A Junior Achievement experience
By Alexis Asi
I

had Junior Achievement (JA) during JA in a Day at Wendler Middle School. I had not had JA before, and I didn’t know what to expect. My volunteer was Bree Brophy Bieber from First Rate Financial. This was the first time an adult other than my mom had talked to me about money.

Our JA volunteer told us that every day they see people buying their dream homes and that we can have any type of house that we want to someday, but that it’s really important to start saving money now and to pay attention to my credit score. They encouraged us to think about ways that we earn money and save money.

At home I don’t receive allowance for chores; that is just part of living in my mom’s house. In the future, I want to have a big house with a big room just for painting, a room for my mom that has a big closet, and a room for my sister. My mom said it is going to take some time before I need my own house, so to practice, she asked me to start saving money so I can buy some new art supplies.

Junior Achievement
Wyatt Barnes sitting in front of desk with dual monitors and microphone set up
Wyatt Barnes
Planning and Saving
A Junior Achievement experience
By Wyatt Barnes
M

y experience with Junior Achievement started in elementary school, where volunteers would come to my class and teach about finances—all subjects that would help later in life. I learned about the difference between needs and wants, how to earn money, different kinds of money (debit, credit, checks, cash), and entrepreneurship. These were some of the most memorable days I had in elementary school, as they were not only fun and engaging but also something I knew I would be using in my adult life. It made me feel a little more grown up, or at least as grown up as a ten-year-old could be.

Fast forward a few years later. Nearing the end of middle school, I had an opportunity to use these skills that I had gained. In 2021, still amidst the overbearing pandemic when hanging out with friends wasn’t as easy as it once was, I wanted a computer. Not just any computer, but one that was higher end. What was the problem? Well, computers cost money, and I didn’t exactly have a lot of spare cash in 8th grade. I had already saved $200 from my birthday and Christmas from the previous year, but unfortunately that reached only one-sixth of the total cost. The computer I wanted was a hefty $1,300. At a time when computer parts costs were rocketing due to shortages, it’s fair to say that, even as someone who had never had a job, I knew that this was little more than pocket change.

Junior Achievement
woman pointing to screen showing presentation slide about how people get paid
Junior Achievement
Alumni Anecdotes
Youth experiences, adult reflection
Compiled by Flora Teo
I

am excited to share the remarkable impact that Junior Achievement (JA) has had over its fifty-plus year history in Alaska, as told by alumni from the program. JA has consistently empowered young people in our community through proven programs on financial literacy, entrepreneurship, and workforce readiness… and it works. In their own words:

Mike Jipping
Beach Tribe Soda Works
Mike Jipping on water with snowy mountains in the background
JA was fun! I joined JA at Holland Christian High School in Holland, Michigan. It was the ’80s, as a matter of fact. And I think JA was a natural fit for me. It really fueled my ambitions going into college.

After a couple of JA meetings, a small group of us started our business. The first project we brainstormed was to sell Christmas trees. We researched tree farms and talked to each farm about minimum orders and how much money we would have to come up with up front. We asked how soon we would need to pay for the trees in full. We talked a few of our parents into loaning us some money to get started. And after we studied the logistics, we placed the order. We were all there to meet the semi in our high school parking lot, and we proceeded to sell all those Christmas trees for a hefty profit.

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United Way of Anchorage is working with everyone to make sure families have what they need to succeed. Unite with us to make a lasting impact. typography
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Oil & Gas
Dark Horse on the Homestretch
Mustang places Finnex among North Slope producers

By Dimitra Lavrakas

wlfella | iStock
I

n the race to be the newest North Slope unit to put oil into the Trans Alaska Pipeline System, Santos and ConocoPhillips look like golden picks, with their developments at Pikka and the Willow project in the Bear Tooth Unit, respectively. But they’ll have to take silver and bronze to the Southern Miluveach Unit, starting production this winter.

The unit, situated between Pikka and ConocoPhillips’ Kuparuk River Unit, is the site of the Mustang project. Compared to the 80,000 barrel per day production forecast from Pikka, Mustang is expected to be smaller, more on the scale of the Nuna project that ConocoPhillips is adding to Kuparuk River.

“Mustang production may reach 10,000 to 15,000 barrels a day when it is fully developed,” says Harry Bockmeulen, COO of Finnex, a subsidiary formed by Texas-based Thyssen Petroleum to develop its Alaska holdings.

Proximity to the Alpine pipeline helped the economics of the Mustang project, even at relatively low projected volume. Based on seismic surveys from 2008, recoverable reserves at Mustang were estimated at 10 million to 40 million barrels. That gives the project a production life of up to thirty years. That life starts now.

Telecom & Tech
Microcom
Connectivity Lifelines
Supporting communications when emergencies strike

By Tracy Barbour

F

or two weeks last August, Sitka’s internet went dark. A fiber optic cable on the floor of Salisbury Sound failed, and it took sixteen days to repair. A survey by the Sitka Economic Development Association found that businesses reported losing transactions worth thousands of dollars each day. Nearly one-third of respondents said they switched from GCI to a satellite-based service because of the disruption. It was the second time in eight years that Sitka’s only broadband cable broke.

Satellite internet also received a boost last year when communities along the Arctic Ocean lost their broadband connections. Sea ice scouring along the seabed cut Quintillion’s cable northwest of Prudhoe Bay. Until a repair vessel was able to splice the damage, the region’s data pipeline was severed for more than two months.

These are the types of emergencies that put telecommunications companies’ contingency plans to the test. “In both cases, we were able to restore internet service to our customers within a few days by deploying satellite solutions that leverage GEO and LEO stations,” says Tony Dodge, vice president of network planning at Alaska Communications. GEO refers to geostationary equatorial orbit, and LEO is the broader category of low-Earth orbit, a region that has been packed in the last five years with more than 7,000 satellites launched by Starlink, a subsidiary of SpaceX.

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Unmatched Expertise.
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Exceptional Fleet.
From Western Alaska rivers to the U.S. Arctic coastline, our vessels are ready to tackle your toughest transportation needs.
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Contact Us:

Call: (907) 248-0179
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Environmental
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Trash Is Cash

The vital support of waste hauling services

By Chuck Green and Scott Rhode

Alaska Department of Commerce, Community, and Economic Development | Division of Community & Regional Affairs

H

azardous materials removal jobs are booming. The Alaska Department of Labor and Workforce Development forecasts only one other occupation will increase more by 2032, namely “Extraction Workers” in the mining and oil and gas industries.

Both occupations go hand in hand, according to John Scoresby, territory sales executive for Republic Services in Anchorage. “Anytime you open a new mine, there’s a lot more demand for environmental work,” he observes, noting the parallel growth with North Slope activity too.

The occupational forecast backs up Scoresby’s guess. The next three highest-growth jobs by 2032 are welders, geologic technicians, and underground mining machine operators.

Increased investment in the extraction industries is also driving a surge in construction—and there, too, waste removal is an allied trade. Every construction site has a bin for collecting debris, and hauling it away is somebody’s job.

Industry Support
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INDUSTRIAL SUPPORT SERVICES
I

ndustrial activity stands on a solid foundation of support services. As a literal example, the engineered roadbed of the Dalton Highway bears the weight of the transport fleet that feeds, fuels, and facilitates North Slope activity. Upon the soil grow poplar trees, which become a tool for environmental remediation when inoculated with endophytic bacteria.

Scientists aren’t just cleaning up at the end of the industrial life cycle; laboratories are at the threshold for workers entering occupations that involve heavy machinery operation. Drug testing need not be an obstacle, though, as new rules streamline the process. Once hired, team members don uniforms supplied and maintained by commercial laundry services, capped off (in some cases) by helmets supplied by safety equipment dealers.

Support services wrap around industrial workers from toe to top.

Industry Support
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The Dalton Highway
The 50th anniversary of a unique haul road
By Joseph Jackson
B

ringing the first barrels of North Slope crude oil to market in the ‘70s required the construction of not one but two economic lifelines. The flashiest, glinting where sunlight reflects from its steel curves, is the Trans Alaska Pipeline System (TAPS). But building TAPS and the facilities to bring oil to the surface at Prudhoe Bay required 414 miles of cross-country road first.

Construction of the haul road began in 1969, but delays in TAPS construction meant that work didn’t resume until 1974. The remaining 390 miles of road were completed in a five-month flurry. Pipeline construction soon followed, and the activity of truckers hauling equipment up the road was nearly constant. Teamsters reportedly could make between $7,000 and $10,000 per month (between $40,000 and $65,000 today) if they were willing to brave the nascent road’s dangerous conditions.

Industry Support
Endophyte Assisted Phytoremediation
Local plants and specialized bacteria restore contaminated soil
By Cuauhtemoc Landeros and Chris Cohu
Intrinsyx Environmental
I

ntrinsyx Environmental is transforming contaminated landscapes with endophyte assisted phytoremediation techniques. By creating dense stands of trees and grasses that are tirelessly working to decontaminate soil and water, endophyte assisted phytoremediation techniques can bring a contaminated site to life by increasing soil stabilization and water infiltration, improving soil fertility, and supporting the return of wildlife. This method brings together the power of plants and pollution-consuming bacteria to create living, self-sustaining systems that restore soil and water quality naturally.

How? Endophyte bacteria that live inside plants break down pollutants and boost plant resilience in harsh, contaminated environments. These endophyte bacteria provide incredible advantages: they can digest a range of toxic substances and help plants thrive where they’d otherwise struggle. Projects using these bacteria can target an extensive range of contaminants using native plant species, making the approach adaptable to most ecosystems or climates.

Industry Support
MedPhysicals Plus
Less Gross and Embarrassing
A small legal change streamlines employment drug testing
By Amy Newman
A

laska employers with a drug and alcohol testing policy now have one more legally protected collection method available. Last July, Governor Mike Dunleavy signed Senate Bill 196 (SB196), which amended Alaska’s employer drug and alcohol testing, or “safe harbor,” law to include oral swab, or saliva, testing alongside urine and breath testing as permissible collection methods. The amendment went into effect on October 28, 2024.

The Alaska Power Association (APA), a statewide trade association representing Alaska’s electric utility companies, spearheaded the legislation, says Deputy Director Michael Rovito. Senators Click Bishop and Jesse Bjorkman worked together on the bill, which was ultimately sponsored by the entire Senate Labor and Commerce Committee.

“For us, we saw it as an advantageous change that would help with our members who want to implement this sort of drug testing and help them have protection under the existing law,” Rovito says. “Support was widespread, and the APA was happy to carry the bill and push it forward. Overall, it’s a win/win for Alaska.”

Industry Support
Head to Toe Protection
Safety equipment for work and play
By Terri Marshall
Polar bear walking on a rocky shore
Bruce R Allen | iStock
W

hen snow piles up on rooftops, shoveling is a prudent choice for the safety of the roof. For the safety of the shoveler, there’s fall protection equipment.

“Our fall protection products are all over the board,” says Clint VanNoy, president of Alaska Safety, an industrial supplier with locations in Anchorage and Wasilla. “We have roof anchoring systems, self-retracting lifelines, and more. We also stock a variety of slip protection items for shoes, including ice cleats.”

Roof shoveling, with the proper gear, need not be any more dangerous than the next job. And there’s gear available to mitigate the dangers of the next job, too. Personal safety equipment needs vary depending on the location and the task, but whatever Alaskans are doing in their professional lives or private lives, safety suppliers have the equipment they need to stay safe while getting the job done.

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Industry Support
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teena137 | iStock
Cloth Encounters
Commercial laundries keep Alaska businesses springtime fresh
By Rachael Kvapil
“W

ash, rinse, repeat” doesn’t fully capture the unsung support that commercial laundry and linen services provide to healthcare, hospitality, and other industries around Alaska. These aren’t just laundromats. Large facilities like Snow White Linen can collect dirty linens, sort them for processing, and deliver clean, fresh products in a timely manner.

“It’s the difference between a construction worker with a pickup truck and a toolbox versus a construction company that builds skyscrapers,” says Scott Woodland, CEO and owner of Snow White Linen Supply and The Laundry Group. “They both work in the construction industry but on different scales.”

Shirts and Sheets
Laundry is just one aspect of Snow White Linen’s customizable services. In 2002, Snow White Linen expanded into uniform and linen rental and cleaning supplies. Woodland’s company maintains a diverse inventory to support the food and beverage, automotive, facility maintenance, and related industries.
The Focused Manager
The Death Spiral typography with illustration of man tripping over the letter 'S'
Pull out of a dive with a personal productivity system
By Brian Walch
J

ack was offered a management role after several years as a star individual contributor. He loved the company and his work and was excited to lead a team of five.

However, one year later, he received a poor performance review. He got feedback that he wasn’t following through on commitments, was missing deadlines, and wasn’t responding to important emails.

He knew the feedback was accurate but felt defensive because he was working harder than ever. He routinely worked in the evening and even squeezed in a few hours on Saturday mornings. He had given up going to the gym and could tell his pants were getting tighter. He wondered if it was all worth it.

Jack had entered the management death spiral.

Inside Alaska Business
4T% Ranch
Days before the impending shutdown of the only US Department of Agriculture-certified meat processing plant in Southcentral, a Soldotna rancher came to the rescue. Ben Adams of 4T% Ranch committed to buying Mt. McKinley Meat & Sausage in Palmer. The previous owner, a joint venture with a Delta Junction hog farmer, announced last September that they would take no more customers after November 1, citing the high cost of feed for livestock awaiting slaughter. Adams, who has amassed a herd of more than 250 cattle since starting his ranch a few years ago, says he plans to alter the business by processing wild game as well. He says the slaughterhouse will help put his beef in front of more customers at stores and restaurants, which can only accept meat from a certified processor. Alaska has only two others: Delta Meat and Sausage in Delta Junction and AK’s Midstate Meats in North Pole.
Pacific Seafood
Kodiak’s largest seafood processing plant has a new owner. Trident Seafoods reached a deal in October to sell the Star of Kodiak plant to Pacific Seafood. Seattle-based Trident announced a major restructuring in December 2023 which included selling four plants in Alaska, or one-third of its facilities in the state. The Kodiak sale was the last after Trident unloaded seasonal facilities in False Pass, Petersburg, and Ketchikan. Oregon-based Pacific Seafood already owns a smaller plant in Kodiak, and President and CEO Frank Dulcich says the acquisition is an opportunity to expand operations.

pacificseafood.com

This Alaska Business
From a building mostly occupied by a carpet store, Alaska Scientific has been supplying materials and equipment for environmental testing, medical exams, and cutting-edge research for thirty-five years.

“Our competition is all multinational corporations,” says founder and CEO Del Salyer, who got his start as a salesman. “We have some advantage here, in that we’re local and we have a warehouse with inventory readily available.”

Delicate handling is a specialty, and the team takes pride in supporting healthcare services in remote communities. Blood tests are a big seller, yet Alaska Scientific also supplies researchers studying Arctic methane with an eye toward understanding Saturn’s moon Titan.

Part 26 of an ongoing video series.

Matson Advertisement
Right Moves
Chugach Alaska Corporation
Portrait headshot photograph of Katherine Carlton smiling
Carlton
The board of Chugach Alaska Corporation appointed Katherine Carlton to Interim President, taking over for Peter Andersen, who remains as COO. Carlton most recently served as Chugach’s Vice President of ANCSA and Community Affairs. She continues to lead the recently established Chugach Regional Development and the newly formed nonprofit Chugach Tribal Services. Carlton holds a bachelor’s degree in accounting from the University of Alaska and graduated from Alaska Pacific University’s Alaska Native Executive Leadership Program and Harvard Business School’s Advanced Management Program.

Alaska Trends

B

ad news first: the number of reporters and journalists employed in Alaska is expected to shrink by 19 percent by 2032. Admittedly, this news hits more closely for the editorial team here at Alaska Business than for most readers, who can find more uplifting statistics in the Alaska Department of Labor and Workforce Development’s ten-year occupational forecast.

For instance, the report anticipates a 38 percent surge in oil and gas employment to 9,718 jobs by 2032, just 5 percent shy of the industry’s peak in 2019. Each year, the state will see approximately 2,210 new jobs due to growth, plus 37,000 annual openings from the regular churn of workers leaving positions.

The department’s Research and Analysis Section creates the ten-year projection every other year based on a quarterly census of employment and wages (in this case, 2022 was the most recent year with solid data). Estimates do not include self-employed workers, such as most fishermen, nor agricultural or private household workers. The projections involve a mixture of historical trends and current events as shaped by population data.

What book is currently on your nightstand?
Stranger in a Strange Land by Robert A. Heinlein.

What charity or cause are you passionate about?
YoungLives. They support teen moms.

What’s the first thing you do when you get home after a long day at work?
Take my dog out. Missy Moo is her name. She’s a little Parson Russell Terrier.

What vacation spot is on your bucket list?
Ireland.

If you could domesticate a wild animal, what animal would it be?
A sea otter. They’re so cute.

Portrait indoor photograph close-up view of Jay Byam grinning in a dark navy blue v-neck cardigan sweatshirt and a light sky blue/white vertical line pattern style button-up dress shirt underneath as he is seated down at a wooden curved-back chair using his hands to try to flip over some newspaper pages in motion from the newspaper publication titled The Northern Light on a wooden table
What book is currently on your nightstand?
Stranger in a Strange Land by Robert A. Heinlein.

What charity or cause are you passionate about?
YoungLives. They support teen moms.

What’s the first thing you do when you get home after a long day at work?
Take my dog out. Missy Moo is her name. She’s a little Parson Russell Terrier.

What vacation spot is on your bucket list?
Ireland.

If you could domesticate a wild animal, what animal would it be?
A sea otter. They’re so cute.

Photos by Monica Whitt

Off the Cuff

Jay Byam
K

artorium is a small team of software developers working with novel technology, but it’s not a startup. Now five years old, it’s outgrown that phase.

“We still involve ourselves in the startup ecosystem,” explains CEO Jay Byam, “but we’re a profitable company at this point. Not currently raising money.”

Raised in Delta Junction, Byam earned a master’s degree in computer science at UAF. He coded games and consulted for firms like Alyeska Pipeline Service Company. He blended his digital graphics and data integration expertise to conceive of Kartorium’s flagship product: a 3D digital twin platform. Utilities and mines can use it to monitor physical assets with fewer visits to remote sites.

Byam says, “We benefited from starting in Alaska because our clients are very involved in Alaska. There’s tons of heavy industry, a lot of remote infrastructure.”

– SPONSORED CONTENT –
Transform Like A Boss!
C

reating an effective ad is more than putting your logo and an image together. You want to captivate Alaska Business readers with your advertising. As we move into a new year, ask yourself: How can my ads connect with my audience? Here’s the inside scoop:

Harmony and Composition: The first thing to consider is having a balanced ad. Every element must be cohesive, and the ad should not be cluttered. You control what readers see, so make sure to place components thoughtfully in the right place to be attractive and convey meaning. Balance plus clarity equals cohesiveness. Strive for a visual weight from the colors to the objects. Incorporate the design elements so the reader can easily identify where to focus.

Be Bold: The image or images you choose for your ad will become the focal point. They need to be powerful enough to convince readers to lean in a little further, or take a deeper dive, if you will. This is why major companies invest in photoshoots for their magazine ad campaigns—the photo is IMPORTANT! Make sure that, at a glance, you effectively capture the reader’s interest.

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John Deere 724P Loader
When your material-handling application needs a heavy-duty lift, add a P-Tier Wheel Loader to your lineup.

Combining convenient front-end features with near-parallel lift, spacious operator stations including customizable ergonomic electrohydraulic (EH) controls, streamlined electrical and hydraulic routing, and innovative options, these versatile and productive mid-size models are designed to help you take your operation to the next level.

The largest and most diverse equipment fleet across Alaska
Anchorage
907.522.6466
Fairbanks
907.456.2000
Delta Junction
907.895.9898
The Rental Zone
907.474.2000
Kenai
907.335.5466
Prudhoe Bay
907.659.2000
John Deere 724P Loader
When your material-handling application needs a heavy-duty lift, add a P-Tier Wheel Loader to your lineup.

Combining convenient front-end features with near-parallel lift, spacious operator stations including customizable ergonomic electrohydraulic (EH) controls, streamlined electrical and hydraulic routing, and innovative options, these versatile and productive mid-size models are designed to help you take your operation to the next level.

The largest and most diverse equipment fleet across Alaska

Anchorage
907.522.6466

The Rental Zone
907.474.2000

Fairbanks
907.456.2000

Kenai
907.335.5466

Delta Junction
907.895.9898

Prudhoe Bay
907.659.2000

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We Keep Alaska Moving
At Lynden, we know that what we carry is so much more than freight. We supply communities, keep projects on track, and help move the world’s most vital industries forward.

From mechanics and drivers, to customer service and support teams, we are proud of the people who do this hard work every day.

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For more information, call us at 1-888-596-3361 or visit our website at lynden.com.

For more information, call us at 1-888-596-3361 or visit our website at lynden.com.
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