Native Corporations

Fire Island wind farm still on despite loss of partner

Cook Inlet Region Inc. recently lost its key partner in the Fire Island wind project, but the company plans to spend millions to get the wind farm built and generating electricity in Anchorage by the end of 2011.

Alaska Newsreader: Kenai City Council OKs residential wind turbines

New Web site serves Native employment

From a small tourism office downtown, you can tell a lot about unemployment in Anchorage.

Native firms face changes to contracting

A federal agency is proposing big changes to the controversial contracting program for minorities that spurred massive growth among Alaska Native corporations over the past decade.

Native leaders enlist legislators in contracting battle

Alaska Native leaders on Monday urged state lawmakers to join them in defending a embattled federal contracting program that has spurred enormous growth among Alaska Native firms in recent years.

INSIDE ALASKA BUSINESS

Arctic Slope $46.6M in the black

The Arctic Slope Regional Corp. board has declared a fall dividend of $41.96 per share, or $4,196 per 100 shares, to be paid to shareholders in December.

Native firms thrive on business list

Native corporations dominate the newest list of the largest Alaska-based, Alaskan-owned businesses.

Accountant admits embezzling from Native corporation

A 45-year-old Seattle-area accountant has admitted that he embezzled $188,000 from a subsidiary of an Alaska Native corporation.

Native firms start PR campaign against contracting probe

A coalition of five Alaska Native corporations recently launched a public-relations campaign to fight back against congressional attacks on the government contracting that has helped make them some of the state's largest companies.

PDF: Congressional report on contracting

Native contracting Web site

Hoonah village corporation hires investment banker from New York

A former investment banker has been hired as the chief executive officer for Huna Totem Corp.

Doyon, partners launch exploratory gas well

Drillers punching 11,000 feet beneath Nenana Basin could strike it rich with a natural gas find of 2 billion cubic feet -- or they could find a dry hole. Doyon Ltd. and three partners are taking the gamble, sinking about $15 million this summer into an exploratory gas well, Nunivak No. 1.

Yukon Flats land trade for oil exploration is no deal

A controversial land swap pitched as a key to oil and gas development in the Yukon Flats is dead. The Fish and Wildlife Service says no deal after years of study and negotiations.

Native no-bid contracting sows tension in US Senate

Wealthy Alaska Native corporations that benefit from no-bid federal contracts have used their special preferences far beyond their original purposes, said Sen. Claire McCaskill, D-Mo., who will be leading a critical public review of the program today.

PDF: Senate staff report on Native corporation contracting preferences

Four Native corporations join to counter contracting probe

Four Alaska Native corporations have joined with tribes and businesses to form a coalition to fight what they say is misrepresentation of their role in government contracting.

Native corporation contracts get a close look in US Senate

CIRI board votes to oust two of its dissident members

On the cusp of its annual meeting, Cook Inlet Region Inc.'s board majority on Thursday voted to eject two of the board's key dissenters.

Chugach Alaska names Herndon new CEO

Ed Herndon has become the new chief executive of Chugach Alaska Corp., one of the largest Native corporations in the state.

Economy bites Alaska Native corporations

Cook Inlet Region Inc. was stung big-time in 2008, thanks to the nation's biggest stock market blowup since the Great Depression. But CIRI wasn't the only Native firm with the stock market blues.

Native corporation contracts get a close look in US Senate

A senator from Missouri is launching a new investigation into the billions of contracting dollars awarded to Alaska Native corporations by the federal government in recent years.

Wood bison plan runs into conflict

What do California condors in Arizona, whooping cranes in Florida, black-footed ferrets in South Dakota, gray wolves in Montana and wood bison in Alaska have in common?

Wood bison: Giant blast from the past

Gravel mining, clearing eventually will provide more industrial land

A 162-acre site in Birchwood will be mined for its gravel over the next three years as the site is prepared for future use as an industrial park, according to Eklutna Inc., the Anchorage Native corporation that is the largest private landowner in the city.

INSIDE ALASKA BUSINESS

2 stores nearly ready in Tikahtnu Commons

Two new major stores should open in the next six weeks at the Tikahtnu Commons in East Anchorage, according to Cook Inlet Region Inc., the Anchorage company developing the giant mall.

Beaver Creek 8th most endangered, group says

An Interior Alaska waterway has made a conservation group's annual list of America's top 10 most endangered rivers.