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Highlights
About The Cover
Special thanks to John Hamilton, a senior estimator and project manager at JD Steel, for helping to supply the girder and the location at the JD Steel yard in Palmer, in the shadow of Pioneer Peak.

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Editorial
Tasha Anderson, Managing Editor
Scott Rhode, Editor/Staff Writer
Rindi White, Associate Editor
Emily Olsen, Editorial Assistant -
PRODUCTION
Monica Sterchi-Lowman, Art Director
Fulvia Caldei Lowe, Production Manager
Patricia Morales, Web Manager -
BUSINESS
Billie Martin, President
Jason Martin, VP & General Manager
James Barnhill, Accounting Manager -
SalesCharles Bell, VP Sales & Marketing907-257-2909 | cbell@akbizmag.comJanis J. Plume, Senior Account Manager907-257-2917 | janis@akbizmag.comChristine Merki, Senior Account Manager907-257-2911 | cmerki@akbizmag.comTiffany Whited, Marketing Assistant907-257-2910 | tiffany@akbizmag.com
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From the Editor
he rise of AI is a hot topic right now, with many trying to anticipate how it might shape our future, and I think the surest bet is that we don’t really know.
Science fiction of fifty or sixty years ago imagined colonies on Mars and flying cars, milestones we haven’t hit. (Griping about the lack of flying cars always reminds me of a joke my dad used to tell from his US Air Force days about how anything can fly with enough big engines, as proved by the F-4 Phantom. I’d bet good money someone could probably get a car to fly if they were determined. As with so much engineering, the question isn’t always “Can we?” but “Who’s going to pay for it?” or “Is someone going to lose an eye?”)
Society has advanced in numerous ways, with computers not just in every home but at our fingertips and many other advances in technology, manufacturing, and construction.



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f someone asks for the address of a specific location, how quickly would it come to mind—without the help of an internet search? Descriptive terms like “by the local store” or other narrative is common practice, but they aren’t compatible with delivery tracking. Official addresses are a necessity for modern living, yet many rural communities in Alaska have gotten by with informal systems. Lately they are discovering how essential addresses are to the local economy and are working to establish them on official platforms.

n Alaska, startups and entrepreneurs turn to ecommerce to overcome the state’s geographical challenges and broaden their market reach. By setting up shops online, businesses can connect with customers across the state and beyond, breaking through traditional barriers, according to Carlos Machuca, director of the AI Resource Program at the Alaska Small Business Development Center (SBDC).
“This digital approach allows them to diversify their income, cut down on the costs of maintaining physical stores, and offer their products and services around the clock,” he says. “Embracing digital platforms not only boosts competitiveness but also strengthens the state’s economic resilience.”

magine that you have just walked out of a grocery store. After braving steady wind, narrow aisles, and long lines, you successfully purchased a dozen organic, brown eggs. Despite the colorful package and the many labels confirming that you have made the “right” choice, you quickly realize that you are $10.99 poorer. Buyer’s remorse, or that feeling of regret after a purchase is made, has already started to set in.
While buyer’s remorse can manifest under many different circumstances, the cause is often the same: a disconnect between the expected outcome and the actual outcome of a purchase. This is especially true in mergers and acquisitions (M&A). Consider a failed merger or acquisition: up to 75 percent of all corporate mergers and acquisitions fail. A failed merger or acquisition occurs when 1) an M&A deal does not close or 2) an M&A deal closes but fails to deliver anticipated results. Buyers who experience the latter are often thought of as having buyer’s remorse.
This article will help buyers avoid remorse by examining why most mergers and acquisitions fail and how that failure can be prevented.

arlier this year, I attended a publisher’s conference in Florida with my business partner, Jason Martin. The hot topic was, not surprisingly, artificial intelligence (AI) and its growing role in the publishing industry. Tools like AdCreative.ai and Jasper can generate ad copy quickly, and Grammarly is there to help us “word better.” And it goes much deeper from there. From streamlining business operations to content creation, AI is transforming workflows, and empowering businesses to work smarter, allowing teams to focus on more strategic and creative tasks.
While 43 percent of publishers nationwide use AI for spell-checking and grammar correction, others increasingly use it to optimize resources, enhance customer experiences, and improve data analytics. Although the trend is intriguing, don’t expect AI-generated features in Alaska Business magazine. We’re sticking to original journalism and fresh content that AI can’t mimic—even if it tries.

ersonnel Plus is the epitome of excellence in Alaska’s staffing and recruitment industry. Founded in 1989 by Cindy Schebler, the full-service employment agency has built a reputation for providing personalized service and fostering strong business relationships. Today, the legacy continues through her son, Mike Schebler—who started with the company in 1998 and took the reins in 2019—and his son, Dante’ Schebler, a recent addition to the business.
Dante’, officially serving as secretary of the corporation, handles payroll and accounting tasks as a payroll specialist bookkeeper. Schebler says working with his son “feels good,” and he looks forward to preparing him to take the helm. “Then I can semi retire, travel a bit more, and trust that my son can handle the business,” he says.

ed tape was supposed to streamline bureaucracy. The idiom is thought to originate from 16th century Spain, when King Charles V—also the Holy Roman Emperor and a pretty big deal, with a jawline to match—decreed that documents requiring immediate attention be bound with scarlet ribbons instead of plain string.
Nearly five hundred years later, “red tape” had become synonymous with bureaucracy itself. In this magazine’s inaugural year, the April 1985 article “Battle of the (Red Tape) Bulge” by Southeast correspondent Chuck Kleeschulte quotes the Resource Development Council grumbling that regulatory agencies had too many ways to stall permits. A then-recent reform that required state reviews within thirty (or in some cases fifty) days meant, according to an ARCO Alaska executive, that agencies would use the entire timeframe for permits that used to be issued on a walk-in basis.

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he Alaska construction industry accounts for about one in twenty jobs in the state, contributing about $2.5 billion in wages to our economy last year. From roads and airports to schools, offices, grocery stores, and homes, we are surrounded by its output.
In Alaska, most businesses involved in construction are deemed “small” by the US Small Business Administration, employing fewer than 499 people. “Small Crews, Big Results” highlights the diligent work of three businesses with extra impact.
“Women at Work” highlights changes within the construction industry, where more and more women are working as equipment operators, welders, engineers, project managers, and more. Through the National Association of Women in Construction, women have the opportunity to learn about education and training opportunities, receive mentoring and support from other women in the industry, and ultimately change the industry.
n the night of the Constructive Women Awards—the culminating event of Women in Construction (WIC) Week 2025—Tamie Taylor scanned the audience and saw transformation. Thirty-four years ago, when she landed a secretarial job with a construction company, Taylor rarely encountered other women in the industry, certainly not at work sites.
The audience at the awards ceremony, though, was composed of welders, superintendents, millwrights, electricians, engineers—women from nearly every sector of the construction industry.
“It’s the whole plethora from construction. Not only the trades but the people in the offices, the owners, the person who’s selling the equipment,” Taylor says.
The crowd that evening was representative of the work being done by the National Association of Women in Construction (NAWIC), which advocates for women in the construction industry by providing career growth opportunities, resources, and connectivity among its members nationwide.
“We want people to understand that construction is a viable career. Man, woman; first career, second career; whatever. We may be competitors when it comes to work, but we’re not competitors when it comes to NAWIC. We’re all united,” she says.
NAWIC’s efforts to encourage connections among women in the construction industry is evident to Randi DelReal, the Alaska chapter’s current president. While she’s still the only woman working in the field for STG Pacific, where she’s a quality control manager, she’s seeing more and more women working with STG Pacific’s sister companies and joining NAWIC.
“I’ve seen our chapter grow, and you meet more women [in the industry] every year,” she says. “There’s companies out there that really do support women. I can see things changing and women succeeding.”
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espite shakeups in a few areas, Alaska’s construction industry is strong, according to the Associated General Contractors (AGC) of Alaska’s January 2025 Construction Spending Forecast.
The report, produced by McKinley Research Group and released in January, is an annual look at projects on the horizon in Alaska and whether spending in key categories is up or down. AGC of Alaska is the construction industry’s largest trade association, representing more than 600 businesses in all facets of the construction industry, from general contractors to banks and insurers.

fter years of planning and saving and months of watching construction progress, you have the keys to your new, custom-built home. It’s time to move in. Your internet provider is hooking up fiber to ensure everyone in the family will have fast, seamless internet for their various devices.
But wait, there’s a problem: the installation technician says running fiber to the interior wall where your media panel is located will mean stringing unsightly cable along the baseboard of your fit-for-a-magazine dining room. If only this could have been avoided!

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on’t underestimate a small crew leaving a large footprint. According to the US Small Business Administration’s 2024 profile for Alaska, of the 75,980 employers with fewer than 499 workers on staff (the agency’s definition of “small”), 2,349 were construction companies with fewer than 20 employees. No other industry in Alaska has so many businesses in that size category, amounting to one-third of all construction companies counted; most of the other two-thirds are owner-operators without any employees at all. In the building trades, those small shops can have a lasting impact.
usy airports require constant maintenance and upkeep, and Ted Stevens Anchorage International Airport (ANC) continues to enhance its infrastructure with several key projects underway in 2025. These projects represent significant investments in Anchorage’s position as a critical node in global air cargo networks. “During the COVID-19 pandemic, ANC rose to become the third busiest airport for air cargo in the world. Today, it remains the second busiest airport in North America and currently ranks fourth globally in cargo throughput,” explains Angie Spear, director of Alaska International Airport System.
A surge in ecommerce has maintained pressure on the airport’s infrastructure even as pandemic conditions have eased. During peak cargo periods, the airport faced such high demand that aircraft had to be parked on taxiways while awaiting their next flights. As ecommerce continues to drive demand for air freight capacity, the infrastructure expansions at ANC will help ensure Alaska remains competitive in this vital economic sector for years to come.




Transportation
Alaska Railroad fixes dozens of crossings
By Vanessa Orr
he Alaska Railroad wouldn’t be possible without the 175 bridges and large culverts that span barriers that would otherwise limit travel. Over time, many of these bridges have deteriorated and now require rehabilitation or replacement.
The Alaska Railroad Corporation (ARRC) has a systemwide five-year plan that includes rehabilitation or replacement of approximately forty-five bridges ranging from small wooden bridges to more massive steel spans. The bridge program follows comprehensive track replacement that spanned the entire length of the railroad, from Seward to Eielson Air Force base.
“We can rehabilitate 560 feet of railroad, but if you leave out 28 feet of bridges, you don’t have a 560-feet railroad anymore,” says Brian Lindamood, ARRC vice president and chief engineer. “But after we’ve fixed the full physical route once and for all and made it what it needs to be, we’ll be able to maintain it over the long term.”

Commercial Diving and Marine Construction
Made in Alaska, by Alaskans!
Store and Sales – sales@highmarkmarine.com
Shipyard – ian@highmarkmarine.com
ehind a successful company is a businessperson who sees a need and fills it. In Kodiak, that’s Cooper Curtis of Highmark Marine Fabrication.
Born in Anchorage, he grew up in Talkeetna and graduated early from high school. Afterward, he gained skills in small engine mechanics and completed welding courses at Alaska Vocational Technical Center in Seward.
“I worked for a company in Seward, but I fell in love with Kodiak,” Curtis says. “I left that company with no options to go on and moved to Kodiak.”
There, he set up with a welding truck as an independent contractor. But, he recalls, “I realized my clients needed more.”

he COVID-19 pandemic brought a lot of changes to the way people do business, especially with staff working remotely. Zoom and Microsoft Teams replaced meetings that could no longer be held in-person, and livestreaming services became the go-to for churches, schools, corporate meetings, and more.
As the use of these platforms grew, so did the need for skilled experts to help set up these events, which can involve numerous locations, hundreds of people, multiple cameras, complete graphics packages, and more. Companies that provide this specialized event coverage must stay on top of the latest innovations to provide the most seamless, professional services to their clients.
“Though I’ve offered streaming services since 2004, in 2020 everything really exploded in virtual, hybrid, live, and distance meetings,” says Jonathan Butzke, owner of Talking Circle Media, based in Anchorage. “Prior to that, most people were only using Skype and FaceTime, as well as audio conferencing.”
ike a cat hesitating at the front door, there are plans in the works for liquified natural gas (LNG) to both come in and head out of the 49th State. Exporting gas from the North Slope has been on the drawing board since before the Trans Alaska Pipeline System started carrying oil, and Cook Inlet gas sailed overseas starting in 1969 from the Kenai LNG terminal, one of the first of its kind in the country. Those shipments to Japan halted in 2015 when local demand for the resource impinged on the inlet’s supply.
Importing LNG to Cook Inlet is the fastest way to satisfy Southcentral energy demand, yet development continues on the Alaska LNG pipeline from the North Slope, with an eye toward exports. Fortunately, local demand could make the case for export infrastructure in the long term.
atersheds are areas that share a common drainage for rain and snow. Viewsheds are the line-of-sight from a particular point encompassing all the visible scenery. By analogy, energysheds are the totality of energy (usually electricity) produced and consumed within an area.
The Alaska Energyshed project is an initiative to identify and secure funding for clean energy projects in Northwest and Southeast Alaska by 2026. Twelve Alaska communities were chosen to participate in the project, which is backed by the US Department of Energy (DOE) and supported by Launch Alaska, Southeast Conference, DeerStone Consulting, and the Alaska Municipal League.
“The Alaska Energyshed Project aims to identify and develop clean energy projects across the Northwest Arctic and Southeast Alaska with the intention of saving money, reducing energy costs, and improving environmental impacts that help these communities,” says Launch Alaska chief deployment officer Ottar Mobley. “We’re right at the mid-point of the project now, and the work that’s been done already included selecting the communities.”



ultiple studies have found that pets help lower stress, so what better place to have them than in the office? According to CO, the US Chamber of Commerce newsletter, pet-friendly workplaces are becoming increasingly popular among employers and employees alike.
CO cites a recent LiveCareer study reporting that 94 percent of respondents were supportive of having Fido or Fluffy in the office, with 52 percent reporting that “pet-friendly benefits and policies are important when considering an employer.” But while it may seem like a great idea to invite a furry companion to come to work, it’s important to note that not all workplace animals are the same.
By law, a disabled person’s service or alert animal is allowed to be at that person’s workplace, though there are some exceptions to the rule. Emotional support animals are not the same, and do not have the same protections. And cuddly-wuddly fur babies? Not covered by the law at all.
So which four-legged friends are appropriate in the office? And who is responsible if something goes wrong?
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story: In the spring of 1968, a twenty-two-story tower called Ronan Point opened. It was built using a quick, economical construction method called “large panel system building” that prioritized speed and cost over integrity.
On the morning of May 16, 1968, resident Ivy Hodge went to make her morning tea. She lit the stove, which ignited a gas leak and caused an explosion. The walls of her apartment blew out, triggering a cascading collapse. Without the walls for support, the floors pancaked down to the ground floor, killing four people.
The disaster revealed how the building’s connections were inadequate for real-world stresses. Like the structural components of a building, professional relationships create a structure of support and integrity for a successful career.
Part 30 of an ongoing video series.




Alaska Trends

unny thing about Alaska natural gas: the state has too much in the wrong place. Gas associated with North Slope oil fields has been, for the most part, stranded and isolated from the market. Meanwhile, so much gas used to bubble up from Cook Inlet wells that it could be sold to Japan. Lately, though, not so much; exports ended years ago, and Southcentral utilities are looking at imports to supplement the region’s energy supply.
As reported in this month’s article “LNG In, LNG Out” by Terri Marshall, the idled export terminal in Nikiski is poised to become a lifeline for imported gas. Trans-Foreland Pipeline Company, a unit of Marathon Petroleum Corporation, sought federal permission in 2022 to reverse the valves, so to speak, by the end of 2025. Marathon announced the plan in 2023, and earlier this year the company agreed to hand the facility over to Harvest Alaska, an affiliate of Hilcorp, to finish the job.
Greenlights by Matthew McConaughey and Repurposed: How God Turns Your Mess into His Message by Noe Garcia.
What charity or cause are you passionate about?
Alaska Farmland Trust… and I’m extremely passionate about anything in the mental health space.
Is there a skill you’re currently developing or have always wanted to learn?
Health and fitness at 50 years old is something I’m trying to develop.
Dead or alive, who would you like to see perform live in concert?
Some of the old country greats like Waylon Jennings and Willie Nelson.
If you could domesticate a wild animal, what animal would it be?
[He laughs.] A lion or a tiger. The beauty and the power and their strength… Seems like it would be a great companion.

Greenlights by Matthew McConaughey and Repurposed: How God Turns Your Mess into His Message by Noe Garcia.
What charity or cause are you passionate about?
Alaska Farmland Trust… and I’m extremely passionate about anything in the mental health space.
Is there a skill you’re currently developing or have always wanted to learn?
Health and fitness at 50 years old is something I’m trying to develop.
Dead or alive, who would you like to see perform live in concert?
Some of the old country greats like Waylon Jennings and Willie Nelson.
If you could domesticate a wild animal, what animal would it be?
[He laughs.] A lion or a tiger. The beauty and the power and their strength… Seems like it would be a great companion.
Off the Cuff
arming is a full-time job for some, but for Scott Hamilton it became a hobby. Raised on a farm across the street from the fairgrounds in Palmer, he studied business at UAA and worked in construction. From ironworker to regional manager, he climbed the ladder at JD Steel, a national fabrication and installation contractor.
“I would ruin a perfectly good pair of business pants in the shop,” he says of his hands-on management.
The employee-owned company set up its Alaska branch on the back acres of Hamilton Farms, and when the time came in 2022 to name its third-ever president, the Alaskan got the nod. Since the promotion, Hamilton splits his time between Palmer and corporate headquarters in Phoenix, where JD Steel is finishing one of its biggest jobs to date, a massive microchip factory.
- 2 Mobius Technology Solutions, Inc.
- Airport Equipment Rentals
- Alaska Dreams Inc.
- Alaska Materials
- Alaska Pacific University
- Alaska Pump & Supply
- Altman, Rogers & Co.
- Anchorage Convention Centers
- Anchorage Sand & Gravel
- ARG Industrial
- ASRC Energy Services, LLC
- Associated General Contractors of Alaska
- Conam Construction Co.
- Conrad-Houston Insurance Agency
- Construction Machinery Industrial
- Cook Inlet Tug & Barge Inc.
- Craig Taylor Equipment
- Crowley Fuels
- Cruz Companies
- Davis Block & Concrete
- Davis Constructors & Engineers Inc.
- Denali Commercial
- DesertAir Alaska
- Design Alaska
- Dorsey & Whitney LLP
- Doyon, Limited
- Engineered Solutions Group
- Equipment Source, Inc.
- Exclusive Paving
- First National Bank Alaska
- Frampton Opinsky, LLC
- Great Northwest Inc.
- Greer Tank
- Highmark Marine Fabrication, LLC
- Holmes Weddle & Barcott
- IMA Financial Group
- JAG Alaska
- Landye Bennett Blumstein LLP
- Lennon Crane & Equipment Co.
- LONG Building Technologies
- Lynden
- MICROCOM
- Mike Green Leadership
- MT Housing Inc.
- NCB
- NECA Alaska Chapter
- Nenana Heating Services, Inc.
- Nortech Environmental & Engineering
- North Star Behavioral Health System
- Northern Air Cargo
- Northern Air Cargo
- Northrim Bank
- Oxford Assaying & Refining Inc.
- PeopleAK
- Personnel Plus Employment Agency
- Petro Marine Services
- PND Engineeers Inc.
- R & M Consultants Inc.
- Resolve Marine
- Resource Development Council
- RESPEC
- Samson Tug & Barge
- Schwabe, Williamson & Wyatt, P.C.
- Sheet Metal Inc.
- Sourdough Express, Inc.
- Spenard Builders Supply
- Sprung Structures
- Stellar Designs Inc.
- T. Rowe Price
- The Plans Room
- Think Office
- TOTE Maritime Alaska LLC
- Tutka, LLC
- Two Friends Coaching & Consulting
- Udelhoven Oilfield System Services, Inc.
- Umialik Insurance Company
- United Way of Anchorage
- Watterson Construction
- Western Pacific Crane & Equipment
- WillScot
- Yukon Equipment Inc.







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