Welcome! To our new investors: Diverse Partners Come Together AEDC STAFF 3rd Quarter, 2007 Architects Bill Popp Chevron, Alaska to Promote Parking in Downtown President & CEO USKH, Inc. Major changes are under way in downtown Anchorage. The heart of our city is get- connections ting an extreme makeover, complete with some large new additions and ways to move Erin Ealum AEDC Renewing investors: Business & Economic around. From the Anchorage museum expansion to the new convention center to E Development Director The Newsletter of 3M Street improvements and much more, the face of downtown is changing. Anchorage Economic Alaska DigiTel, LLC Development But every change is not without growing pains. Anchorage’s favorite place to shop, Heather Gould Corporation Alaska Distributors Co. dine, work and play is dealing with a public perception that construction has made Communications Director Alaska Native Business parking more difficult. & Resource Directory Alaska Professional Sports, Inc. “Our member businesses say that the public thinks parking in downtown is being af- Hallie Bissett Logistics & WHAT’S INSIDE Alaska Railroad Corporation fected by the new construction,” says Chris Schutte, Policy & Communications Direc- tor for Anchorage Downtown Partnership, Ltd. (ADP) “There are plenty of places to International Trade Changes & Growth at Alaska Sales & Service Director park in downtown, what we have to do is show people where to go.” page 1 Alaska Supply Chain Anchorage International Airport Integrators, LLC ADP has begun working with Anchorage Parking and advertising agency Lottsfeldt- Kari Mahar TSAIA Changes & Growth Anchorage Community Smith to develop a long-term marketing program that will help promote the unique as- Investor Relations & Platinum Investor Spotlight Development Authority sets of downtown while educating the public about where to park when they come visit. Events Coordinator Anchorage Marriott page 2 Airports are gateways for trade and commerce and are catalysts for economic growth. The Ted Ste- Downtown “The one-of-a-kind shops, restaurants and galleries are assets to downtown,” says Elizabeth Motley vens Anchorage International Airport (ANC) serves as the primary gateway to and from Asia. The Anchorage Museum Schutte. “Parking should be viewed as an asset too, and marketed as such.” Executive Assistant President’s Letter economic impact is 15,776 jobs or 1 in 9 jobs in Anchorage. That equates to about $453 million at Rasmuson Center Economic Snapshot in direct annual payroll and about $180 million in annual payroll for community jobs. With the ASCG Incorporated The parking marketing program will be a comprehensive public information effort to steady increase of cargo activity at this Airport more development and jobs are on the horizon to Carlile Transportation promote parking in off-street parking facilities. Through a mix of direct media and continue diversifying our economic base. Systems, Inc. public relations, the parking marketing – or “parketing” as those involved in the project page 3 CH2M HILL like to call it – will showcase the unique amenities of downtown while also educating In 2006, more than 5 million Busy Construction Season City Electric, Inc. visitors about the parking options to access those amenities. passengers passed through the Anchorage airport. Coffman Engineers, Inc. The central message The Arts Are Big Business And on a weekly basis, an of the campaign is Diamond Airport Parking page 4 average of 650 wide-body cargo flights land here, making ANC the number one airport in the U.S. simple: “there’s a spot Dokoozian Construction for landed weight of cargo aircraft and number three in the world for cargo throughput. ANC for you in downtown.” Wind Energy Could ExxonMobil Stabilize Railbelt was the recipient of the Balchen/Post award for excellence in the performance of airport snow and Financial Resources, Inc. The marketing project represents a public/private collaboration between ADP, the Mu- Power Costs ice control during the winter of 2006-2007. In addition, ANC was awarded the 2007 Air Cargo nicipality of Anchorage and Anchorage Parking; Anchorage Economic Development Award of Excellence for the airport category of 1 million or more tons by Air Cargo World. This Flowers International LLC page 5 Corporation; Alaska Center for Convention and Trade, LLC; the State of Alaska; the award is a result of quantitative feedback from Anchorage’s cargo customer base of airlines and Frampton & Opinsky, LLC U.S. General Services Administration; Anchorage Convention & Visitors Bureau; the 1,940 New Anchorage Jobs airfreight forwarders who ship to or through Anchorage. AEDC is a private nonprofit Gere Donovan Creative, Inc. Alaska Center for the Performing Arts; and, many others. corporation (IRS code 501(c)(6)), operating since 1987. It exists to Council of Supply Chain Renovation of the South Terminal at ANC is underway and will be ongoing for the next two years. Holmes Weddle & Barcott PC encourage growth and diversity in As downtown continues to grow, so too will the parking options available to visitors. the Anchorage economy, promote Management Professionals The goal is to ensure that travelers have a pleasant experience during this construction phase. Traf- Immediate-Care, Inc. a favorable business climate and One of the projects underway in downtown is the Atwood parking garage that will add improve the standard of living of fic patterns will change in front of the South Terminal with additional signage for passenger loading KeyBank Anchorage residents. Funding over 800 new parking spaces. sources for the corporation are page 6 and off-loading activities. The new Rental Car Center, scheduled to open mid-July, will add more municipal and state grants, con- Knik Arm Bridge tracts, and private contributions. public parking in the Airport parking garage. & Toll Authority “It’s not only about marketing the parking assets available now,” says Schutte. “It’s also For permission to reproduce any Venture Development part of this newsletter, please call Linford of Alaska, Inc. about laying the ground work for marketing the parking assets of the future.” (907) 258-3700. Opens Rental Car Amidst all this activity, a new Master Plan is in the works to update industry changes, growth and Center at Airport Lottsfeldt Smith operating priorities that have taken place since the 2002 Master Plan. ANC must be prepared for future development which will include more frequencies and a greater proportion of larger aircraft; Lynden International Koonce Pfeffer Bettis Incorporated Unveils expanded facilities and maximum utilization of runways and possibly a new one. The key driver of Mikunda, Cottrell & Co., Inc. New Brand growth at ANC is cargo, specifically in the Asia to North America market where annual interna- tional cargo aircraft operations are forecasted to increase 5.2% through 2027. Millennium Alaskan Hotel Anchorage page 7 “The airport encourages all stakeholders to get involved with the Master Plan’s public process. MTA Northern Air Cargo The future of the Ted Stevens Anchorage International Airport depends on your support for infra- Nye Frontier Toyota structure improvements that will allow Alaska’s air transportation hub to remain efficient, Lexus of Alaska 900 West Fifth Avenue, Suite 300 Expands Fleet with 737s Anchorage, AK 99501 productive, safe and competitive,” said Mort Plumb, Airport Director. Odom Corporation (907) 258-3700 More information about growth and changes at Penco Properties www.aedcweb.com page 8 RE/MAX Properties, Inc. ANC are available on the Airport’s website at Parking Marketing Program www.anchorageairport.com RIM Architects Spenard Builders Supply The Alaska Club, Inc. The Wilson Agency, LLC Udelhoven Oilfield System Services, Inc. Yukon Equipment 8 1 ECONOMIC SNAPSHOT Board of Directors

EX-OFFICIO MEMBERS AEDC 1st Quarter Commercial Legislators Construction Permit Valuations

4.63 $92,827,673 Northern Air Cargo Announces Hollis French Letter from the President $89,787,026 $86,277,825 Senator, the Arrival of “Triplets” Alaska State Legislature It’s now been four months since I assumed my new role as President and CEO of AEDC Fred Dyson and needless to say, it’s been a busy 120 days. I have met with as many AEDC board mem- Senator, Alaska State Legislature bers and investors as possible to better understand where we stand as an organization today. 2005 2006 2007 On February 22, 2007, Northern Air Cargo (NAC) introduced the first of three Boeing 737-200 And I can tell you, AEDC is in great shape. There is a lot of enthusiasm for our mission • Commercial construction valuations to- cargo aircraft, updating the current fleet of Boeing model 727-100. As of June 5, 2007, all three Craig Johnson taled $92.8 million for the 1st quarter of Representative, among both investors and the Board of Directors. And, with sincerest thanks to my prede- 2007, an increase of 3.4 percent from the aircraft are in operation with service from Anchorage to 16 rural Alaska hubs, giving the company Alaska State Legislature cessor Bob Poe and his team for the work they did during the past three years, AEDC has a 1st quarter of 2006 and an increase of 7.6 enough lift to serve all current markets and preparing it for future growth. percent from the 1st quarter of 2005. Harry Crawford solid foundation from which to work. Their efforts have made this a very smooth transition Representative, process. Purchased from Delta Airlines, NAC converted the planes from passenger configuration to state-of- Alaska State Legislature

1st Quarter Residential the-art cargo freighters. All three planes came off the Boeing assembly line consecutively and have Construction Permit Valuations identical components. Amid the change in leadership, there have also been several recent staff changes. Hallie Municipality

Bissett is now Logistics and International Trade Director. Erin Ealum has joined AEDC as $43,219,590 $32,473,583 Business and Economic Development Director. Heather Gould is AEDC’s new Commu- $30,906,796 Today’s customers demand better service and schedules, and these new aircraft will allow for greater Mayor Mark Begich nications Director. Kari Mahar has filled the new position of Investor Relations and Events frequency and reliability. “The introduction of the B-737 to our current air cargo fleet represents Municipality of Anchorage Coordinator. And Elizabeth Motley continues her role as Executive Assistant. the beginning of a new era for Northern Air Cargo and our customers,” said Stephanie Holthaus, Paul Bauer NAC’s Vice President of Cargo. “I think our customers will be very pleased with the improvements Assembly Member, 2005 2006 2007 Municipality of Anchorage With the new staff in place, AEDC is moving forward on several ongoing issues and initia- in service and schedule adherence this state-of-the-art aircraft offers.” • Residential construction valuations totaled Dan Coffey tives. These include continuing efforts for enhancing and improving the logistics infrastruc- $32.5 million for the 1st quarter of 2007, an Assembly Member, increase of 5 percent from the 1st quarter The twin-jet B-737 has earned an industry-wide reputation for being fuel efficient, easy to maintain, ture in Anchorage and Alaska, addressing the growing workforce development challenges, of 2006 and but still 25 percent below the Municipality of Anchorage and seeking to develop increased investment in Alaska from our foreign trading partners that same period in 2005. and environmentally friendly. Shippers favor the dynamic cargo system that provides greater care and strengthen and grow our local economy. flexibility for the goods shipped – especially the roller floor system, which offers speed and precision in bringing freight in and out of the aircraft. Appointed by the Board Municipality of Anchorage Population In addition to these and several other continuing efforts, AEDC will also focus on seeking Chris Anderson and identifying new opportunities that make sense for Anchorage, Southcentral and Alaska. 282,813 Northern Air Cargo will continue using its DC-6 fleet “the workhorses of Alaska” which provide 277,980 Deputy Director, These include opportunities in the retail sector, pharmaceuticals manufacturing and distri- 277,627 charters and flagstops to shorter, unimproved runways for project freight to mines, oil & gas fields, Credit & Business Development AIDEA bution, cool chain logistics and opportunities within Anchorage’s two foreign trade zones, construction and the military. to name a few. Mike Brady Vice President, Along with NAC’s new fleet comes a new livery and corporate logo centered on the contemporary Ken Brady Construction Co. Inc. One of the most intriguing opportunities is trade with China, which could impact all 2004 2005 2006 and future vision of NAC for the next 50 years. Founded in 1956, as an air cargo provider sup- Larry Cash levels of business in Anchorage. Anchorage’s direct logistics connection with China via • The population of Anchorage was 282,813 porting rural communities and camps around the State, Northern Air Cargo is Alaska’s largest and President, in 2006, a 1.7 percent increase from 2005 RIM Architects Ted Stevens Anchorage International Airport continues to grow and strengthen with each and a 1.9 percent increase from 2004, longest-serving Alaskan air cargo carrier. according to Alaska Department of Labor passing month. The opportunities and challenges China offers Alaska’s businesses are many. and Workforce Development estimates. Julie Saupe NAC takes great pride in its innovative freight service programs that highlight and promote the peo- President & CEO, That is why AEDC engaged Mr. Ted Fishman, the respected author of China, Inc. to address Anchorage Convention our investors at this year’s Investor Appreciation luncheon. His perspectives on the emer- ple and culture of Alaska. The air cargo carrier has supported Alaskan communities through disasters & Visitors Bureau gence of China as a global economic superpower and the possible impacts Alaska can expect and economic booms and will continue as an integral part of the State’s transportation lifeline. 1st Quarter TSAIA Transit Cargo Carol Comeau from China in the coming years are important as Anchorage continues to participate in the (millions of pounds) Superintendent, Anchorage School District 1,053.7 Visit www.nac.aero for more information. growing global economy. AEDC will continue to seek new business links with China, and 1,041.8 in particular the Li Qiao Free Trade Zone in Beijing. 971.9 Jim Gorski Member, Hughes, Bauman, Pfiffner, Gorski & Seedorf, LLC AEDC will continue to work for a strong, diversified economy for Anchorage, Southcentral 2005 2006 2007 and Alaska. We have a strong momentum already in place. Anchorage’s economy contin- Mary K. Hughes • In the 1st quarter of 2007, 1.05 billion ues to show healthy economic growth, as our mid-year update shows in detail. In January, pounds of cargo moved through Ted State Director, Stevens Anchorage International Airport, Office of U.S. Senator AEDC forecast the Anchorage economy would add 2,500 new jobs in 2007. As of May a one percent increase from the 1st 31, employment is already up 1,940 jobs, an increase of 1.3 percent compared to the same quarter of 2006 and an 8.4 percent increase from the 1st quarter of 2005. Ed Lamb period in 2006. Growth in business and professional services, leisure and hospitality and the CEO & President, health care sectors lead this growth. And this trend is Alaska Regional Hospital expected to continue throughout the summer. 1st Quarter TSAIA Deplaning Passengers Chancellor, University of Alaska, Anchorage It’s a pleasure to share these thoughts with you as 453,931 446,529 447,438 Douglas M. North I begin my term as President and CEO of AEDC. President, I look forward to the coming years as an exciting Alaska Pacific University time for the economic future of Anchorage Tennys Owens and Alaska. President, 2005 2006 2007 Artique, Ltd.

• Ted Stevens Anchorage International Bill Evans Airport traffic included 453,931 deplaning Chair, Anchorage passengers during the 1st quarter of 2007, Chamber of Commerce an increase of 1.5 percent from the 1st Bill Popp quarter of 2006 and an increase of 1.7 per- cent from the 1st quarter of 2005. Mort Plumb President and CEO, Airport Director, AEDC Ted Stevens Anchorage International Airport Economic data compiled by Kathy Porterfield Managing Partner, 2 KPMG 7

AEDC AEDC PLATINUM INVESTORS: 2006 Board of Directors Voting Members Venture Development Group Opens Busy Construction Season Sophie Minich, Chair Anchorage Water Sr. Vice President of Business, Rental Car Center at Airport & Wastewater Utility Development, CIRI On Tap for Anchorage Brian Nerland, Vice Chair By Mayor Mark Begich District President, KeyBank National Association AEDC member Venture Development Group is You’ll hear the sounds of progress loud and often in Anchorage this Dennis Mitchell, Secretary/Treasurer excited to announce the opening of Anchorage’s Regional Manager–Alaska, new Rental Car Center at the Ted Stevens summer as we gear up for another busy construction season. The Lynden International Anchorage International Airport. Municipality of Anchorage has more than 50 separate projects - roads, Bill Behnke drainage, parks, trails and building construction - in some stage of Sr. VP Business Development BP Exploration & Strategic Initiatives, Located on a five-acre site immediately east of development. GCI the airport, this new, modern, efficient and There also are the major projects such as the new Dena’ina Civic and Connie Carter environmentally friendly rental car system will Managing Director for Alaska Convention Center and expansion of the Anchorage Museum of History and Art, along with dozens Operations, FedEx provide first class customer service for travelers to Anchorage. Design/builder Neeser of other projects around town and in your neighborhood. Suzanne Cherot Construction, Inc. and kpb architects finished the final construction before the rental car Managing Partner, General Communication, Inc. Birch, Horton, Bittner & Cherot agencies opened to customers on July 18. The facility centralizes the airport-based rental This year’s efforts will focus on road, pedestrian safety and congestion relief projects throughout An- car companies. Jeffrey Davis chorage. About 59 percent of the projects are funded with local bonds, federal funding is 26 percent VP/General Manager, and state grant funding rounds it out at 15 percent. Premera Blue Cross Blue Shield of Alaska Venture Development Group managed the development process from project concept to The projects are expected to infuse some $73 million into the Anchorage economy this year alone and Joseph Everhart fruition. The result is a savings in cost and time compared to other procurement pro- Immediate-Care, Inc. Senior VP of Alaska Commercial Banking, cesses. Venture’s third party involvement ensured the needs of its client – the on-airport create hundreds of jobs. Of the total, roads will make up about $57 million; parks/trails $9 million; Wells Fargo Bank N.A. rental car companies – were met. and buildings nearly $10 million. Sheldon Fisher Senior VP of Product, Sales & Marketing, Our commitment is to continue to invest in our community and work to improve the quality of life Alaska Communications Systems The 536,995 sq. ft. facility features 12 car washes, 16 fuel pumps, and a vacuuming cen- with better roads, parks and trails and infrastructure. This construction season will cause some disrup- Peter Grunwaldt ter. The car washes are stacked on three floors – the first stacked car washes built in an President, Premier Alaska Tours arctic or sub-arctic environment. Chemicals used in the car washes are environmentally tion in the short term, but it’s a huge economic boost and all of these projects are part of the ongoing effort to enhance and build our city for the next generation. Sandra Halliwill friendly, and 94 percent of the water is recycled. With these on-site facilities, turnaround Manager of Supply Chain Management, BP Exploration (Alaska) time to prepare a car for re-rental will decrease from 70 minutes to 15 minutes, eliminat- I’m also happy to report Anchorage received funding from the State Legislature for 98 percent of our Municipal Light & Power David Hamilton ing 500,000 trips between the airport and former off-airport maintenance locations. top priority road projects in this past session. We are all grateful to lawmakers who approved nearly Sr. VP Business & Commercial Lending, Alaska USA Federal Credit Union $85 million for a number of projects, such as the Dowling Road extension, upgrades to Old Seward More information is available at www.anchorageairport.com or www.vdg-alaska.com. Stephanie Holthaus south of O’Malley, the Old Glenn Highway north of Eagle River, and 72nd Ave east of the Seward Vice President of Cargo, Hwy. Funding was also provided for the Glenn Highway to Seward Highway Connection. Northern Air Cargo

Bob Lacher In an effort to keep you apprised of the projects this season, the municipality has launched our www. Municipality of Manager of Federal Services & Infrastructure, VECO Alaska, Inc. Koonce Pfeffer Bettis Incorporated anchorageroads.org website again this year. You can check it for the latest project details and detour Anchorage Bruce Lamoureux information. Hospital Administrator, Providence Alaska Medical Center Unveils New Brand You can also sign up for a weekly newsletter to be delivered directly to your inbox. I know some of the Bill O’Leary projects will cause delays. I ask that you be patient as we improve and enhance our city. VP of Finance & CFO, The architectural firm of Koonce Pfeffer Bettis Alaska Railroad Corporation Incorporated unveiled its new brand last month. Stewart Osgood The new look of kpb architects reflects the expanded Port of Anchorage President, DOWL Engineers leadership and ownership group at the firm. The three John Palmatier Executive Secretary/Treasurer, founding partners, Jeff Koonce, Mark Pfeffer Alaska Regional Council Thank you to the sponsors of the of Carpenters and Steve Bettis, have welcomed four additional principals, two associates, and nine other Michael Prozeralik 2007 Investor Appreciation Luncheon Providence Alaska President, employees as stockholders in the 25- year-old Medical Center Koonce Pfeffer Bettis, Inc. firm. The group has an established reputation Tim Schrage for innovative design responses unique to each Primary Sponsors: Director of Operations, Brown Jug Inc. project and a strong team approach that

Chris Stephens involves clients on a collaborative level. Associate Broker, Bond, Stephens, & Johnson, Inc. “While retaining the active involvement of the founding partners we John D. Urbina Managing Director–Investment Banking, have proactively set the stage for the future of the firm with a broadened Solid Waste Services A.G. Edwards & Sons, Inc. base of ownership and a strong, dynamic and diversified leadership team,” Mark Vasconi said Mark Pfeffer, Principal and past President. VP of Federal Government Affairs, AT & T Alascom Additional Sponsors: Pat Walsh Current President Mike Prozeralik added, “the solid foundation of our President & CEO, founding partners provides the platform for us to continue to excel and Alaska Regional Council of Carpenters Ted Stevens Anchorage Walsh Sheppard serve our clients and Alaska at the highest level”. kpb architects’ creativity has earned them both Alaska Regional Hospital International Airport Kevin Mitchell VP Finance & Administration, local and national recognition for their work. Past Anchorage projects include the Downtown JL Properties ConocoPhillips Alaska, Inc. Fire Station One, the BP Energy Center, and the Alutiiq Center. Other projects you will see Lynden International Lon Wilson completed in the community over the next year are the TSAIA Rental Car Center, Aleutian Northern Air Cargo President, Pribilof Islands Association Building, and the new Atwood Parking Center. The Wilson Agency, LLC TOTE 6 Walsh • Sheppard 3 AEDC Council of Supply Chain Management Professionals

Wind Energy Could Help Stabilize 1,940 New Anchorage Jobs So Far More than 65 members of the Alaska AEDC job forecast on track chapter of the Council of Supply Increasing Railbelt Power Costs Chain Management Professionals Fire Island wind farm would provide clean, renewable energy, predictable prices In January, AEDC forecast the Anchorage economy would add 2,500 new jobs in 2007. (CSCMP) attended the first industry A mid-year review of employment trends in the Anchorage economy indicates that this roundtable in early May. The event number is on track and that Anchorage will experience its 19th consecutive year of em- was led by Rob Lewin, Director of Wind Energy Alaska, a 50-50-owned subsidiary of CIRI and enXco Development Corp., intends to build and operate a wind ployment growth. Global Transportation for Flowserve. farm on Fire Island that could eventually generate 100 megawatts, enough power for 35,000 average-sized homes. Lewin spoke on the importance of

Based on the first five months of the year, employment is up by 1,940 jobs, an increase of educating the local community on The first phase of the project would generate 30 to 50 megawatts of clean, renewable energy and could be online in 2009. It is 1.3%, compared to the same time period in 2006. Sectors experiencing the largest increas- supply chain issues and industry best dependent upon long-term power purchase agreements with the Railbelt utilities, which will require public funds to construct the es in job growth in the first five months of 2007 include business and professional services practices. The Anchorage Economic power lines and related infrastructure needed to transport electricity from the island to the Railbelt energy grid. (460 new jobs), leisure and hospitality (360 new jobs) and health care (340 new jobs). Development Corporation hosted the Increases in employment across many sectors 151950 event. Wind power generation facilities typically cost $2 to $2.5 million per megawatt to construct. This can initially be more expensive are expected to continue throughout the employment 149450 than traditional electric plants, but wind has zero fuel costs and offers customers predictable, nearly flat-priced electricity. Conse- summer season. 146850 The roundtables will provide a plat- quently, wind power is becoming increasingly cost effective as worldwide fossil fuel prices climb. 144800 form for supply chain management As forecast, the construction sector is stable 142600 140800 professionals to discuss best practices, Wind energy is likely to become more attractive in Anchorage because local utilities currently depend upon natural gas for more with about 40 new jobs, a 0.5% increase. 138200 and will also help educate those than 90% of power generation. Key utility gas-purchase agreements run out during the next three years, and Anchorage electricity An increase in commercial construction is who are not in the supply chain indus- costs are expected to climb significantly as the utilities negotiate new gas-purchase contracts. apparently being offset by a slight decline in try to learn best practices in areas residential construction. 2001 2002 2003 2004 2005 2006 2007 like strategic product sourcing, disaster Fire Island was initially selected for this project by Chugach Electric Association from a list of 12 prospective sites that could poten- AEDC forecast 150 new government jobs in planning, and cool chain tially be developed to provide commercial quantities of electric power to key load centers on the Railbelt grid. After extensive inves- 15700 2007. This number is on track with 200 new leisure and hospitality management. tigation, Chugach determined that the site offered the best alternative for a wind farm and approached CIRI in late 1999 about 15400 government jobs through the first five months 15000 developing a project there. CIRI, which owns approximately of the year, primarily the result of increasing 14700 Anchorage community members 3,200 acres on Fire Island, worked with Chugach, and later with 14600 state government employment. Federal 14500 established the seven-member Alaska Municipal Light & Power, Golden Valley Electric Association employment is falling in 2007, continuing a 14000 CSCMP Roundtable board by proxy. and Homer Electric Association, to install wind measurement three-year trend of decreasing employment. Board members include: Dennis equipment on the island and pursue permits and other feasibili- Both School District employment and Mitchell, Regional Manager of Lyn- ty-related activities supported in part by the Denali Commission. Municipality of Anchorage employment are den International (President), Sandra 2001 2002 2003 2004 2005 2006 2007 expected to remain relatively stable in 2007. Halliwill, Manager of Supply chain The companies determined that Fire Island has adequate wind Management BP Exploration (Alaska) resources and ample expansion acreage to support a major com- The 300-job increase expected for Anchorage’s 15000 health care Inc. (Vice President), Hallie Bissett, mercial wind facility. CIRI then agreed to continue working Trade sector is yet to materialize. Through the 14600 14300 AEDC Logistics and International closely with the Railbelt utilities and has teamed with enXco to first five months, employment in wholesale 13700 Trade Director (Head of Programs), develop the Fire Island wind project, and possibly additional, and retail trade is down by 40 jobs. Some of Scott Hawkins, President Alaska smaller wind projects in other areas of the state. the growth expected this year should occur 12900 Supply Chain Integrators (Director), during the summer; however, other growth is Steve Silverstein, VP Alaska Railroad Fire Island is unique in that it could serve as an anchor project delayed pending completion of some large (Director), Linda Close, Marketing for other wind plants in Alaska. For instance, the project could retail construction projects. A new Mountain 2003 2004 2005 2006 2007 Director Ted Stevens Anchorage be used as a site to train Alaskans for work in the wind industry. View mall is under construction and expected International Airport (Director), and Fire Island could also serve to support other large scale wind proj- to be completed by the end of 2007. Construction of a second $100 million-plus shopping Dr. Oliver Hedgepeth, Chair ects in the state with parts and technical assistance. center, including an anchor tenant, Target, is also underway and expected to be completed University of Alaska Logistics Dept.

by the end of 2008. Construction of a new Super Wal-Mart is still in the planning stages (Director). CIRI is one of the 12 Alaska-based and completion is expected in 2009. regional corporations and Southcen- This is a dynamic group of people who tral Alaska’s largest private landown- The 150 new air transportation jobs AEDC forecast for 2007 should also materialize this have a lot to bring to the table, and the er. enXco Inc. is one of the largest summer (through May, employment in this sector was up by 20 jobs). programs being planned for 2007 are wind energy installation owners and sure to draw a large audience. “I think developers in the United States. It is Oil industry employment in Anchorage was also expected to increase in 2007. Through the roundtable is a great opportunity the nation’s largest third-party wind May, employment was up by about 80 jobs, an increase of about 4 percent. Oil industry to share everybody’s institutional farm operations and maintenance employment in Alaska overall has grown by 1,500 jobs over the past year and 2,600 jobs knowledge on logistics and to bring provider, currently servicing more over the past two years. best practices on a National basis to than 3,600 turbines. Employment increases are also occurring in a mix of sectors including transportation the State,” said Dennis Mitchell. The (other than Air transportation), manufacturing, education, and other miscellaneous next roundtable gathering is being services. These sectors combined added approximately 440 jobs to the Anchorage planned for late August, followed by economy in the first five months of 2007. another meeting in late fall.

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