Anchorage Daily News

NANA sets dividend at $15.75 per share

NANA Regional Corp. will pay a 2008 dividend of $15.75 per share, Don Sheldon, chairman, announced during the Native corporation's recent annual board meeting in Kotzebue. The dividend will be distributed in November to NANA's more than 12,000 shareholders. For a typical holding of 100 shares, the dividend will be $1,575.

"This is the highest dividend we've distributed," said Marie Greene, company president. NANA owns the huge Red Dog zinc and lead mine, the state's largest mine. Revenue from Red Dog helped account for the record dividend, she said. NANA's other business arms include engineering services, government contracting, oil-field services and hotel operations.

The company's revenue topped $1 billion for the first time last fiscal year, with profits of $39 milion, according to Helvi Sandvik, president of NANA Development Corp.

Northern Air resumes Fairbanks flights

Northern Air Cargo has resumed daily service between Anchorage and Fairbanks. The flights operate Monday through Friday, departing Anchorage at 9:15 p.m. All flights use NAC's Boeing 737-200 aircraft, with a maximum load of 28,000 pounds. Northern Air is headquartered in Anchorage, with scheduled jet service to 15 Alaska destinations.

Curry to address real estate women

A local chapter of Commercial Real Estate Women conducts a formation and development meeting, from 5:30 to 8 p.m. Oct. 22, Anchorage Aviation Heritage Museum. Keynote speaker is Lynne Curry of the Growth Co. Event theme will be "Wings of Our Own -- CREW Alaska Takes Flight." To register, e-mail bknight@alyeskatitle.com by Oct. 15.

Teck Cominco plans to change its name

The company that operates the Red Dog zinc and lead mine in Northwest Alaska recently announced that it plans to change its name from Teck Cominco Ltd. to Teck Resources Ltd. The company also announced a reorganization of its business units, one of which will specialize in zinc. The company's legal name change has to be approved by shareholders, but the company brand has already been changed to "Teck," according to a press release.

Hattenburg Dilley & Linnell cites award

Hattenburg Dilley & Linnell, an Alaskan-owned civil, environmental, geotechnical, and transportation engineering firm, said it was recently named one of the 10 best places to work in Alaska by the Alaska Journal of Commerce in partnership with the Society for Human Resource Management, Alaska State Council and the Best Companies Group. The award identifies, recognizes and honors the best places of employment in Alaska, benefiting the state's economy, its workforce and businesses.

Businesses asked to boost mentoring

The city of Anchorage recently asked local businesses to step up their participation in youth mentoring. The city said it has formed a new partnership with Big Brothers Big Sisters of Alaska, in which city employees will apply to mentor to children in schools. For more information about how to become a mentor, contact the Big Brothers Big Sisters of Alaska at 278-2621 or the Anchorage Mentoring Alliance at 263-2025.

Market research offered at Web site

The Anchorage Economic Development Corp. has launched an Internet mapping tool to allow people to do free market research on the Southcentral region. The free searches include commercial property listing and economic, planning, infrastructure and demographic data that are often sought by businesses seeking to relocate or expand. "Now businesses will no longer have to leaf through reams of Census Bureau reports ... or contact multiple city departments for basic data and documents," said Bill Popp, the AEDC president. Visit the site at www.anchorageprospector.com.

Hot Mama! Pizza & Phillies opens store

Hot Mama! Pizza & Phillies has opened at 3609 Arctic Blvd. The eatery offers pizza, phillies, subs, pastas, salads and wings. It's open from 11 a.m. to 11 p.m. Monday through Saturday. The phone is 337-4447.

It's now Dowl HKM to reflect merger

Dowl Engineers has changed its name to reflect its merger this year with HKM Engineering. The new name is Dowl HKM. Subsidiary businesses Alaska Testlab and Toner-Nordling and Associates also have adopted the new name. Dowl of Anchorage and HKM of Billings, Mont., announced their merger last spring. They were similar-sized businesses, and the merger allowed each to expand into a new region, they said at the time. They provide such civil engineering services as site planning and design; road, highway, airfield and trail design; and water, sewer and storm drain systems. Dowl HKM has 14 offices in five states. NANA Development Corp. of Anchorage is 51 percent owner of Dowl.

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