KEDC UPDATES

Kodiak’s Mariculture Industry is Growing: Here’s How KEDC is Supporting It

Kodiak’s Blue Economy thrives as KEDC drives sustainable mariculture growth. Partnering with the University of Alaska Anchorage via a USDA grant, we’re crafting a business plan to expand kelp and oyster farming in Southwest Alaska, solidifying Kodiak’s role in sustainable seafood.

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Business and Economy Melissa Business and Economy Melissa

KEDC joins Main Street America

City of Kodiak Mayor Pat Branson, a long time participant and supporter in the Main Street Kodiak program stated, “I am pleased to endorse KEDC’s efforts to restart the Main Street Kodiak program. The City of Kodiak in partnership with KEDC are committed to revitalizing Kodiak’s downtown area. KANA's new Kodiak Marketplace has created an anchor for the downtown that, combined with the Main Street program and the Storefront Improvement Program, will create a vibrant, exciting and attractive downtown retail environment.”

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Business and Economy Melissa Business and Economy Melissa

October 2023 jobs up 2.1%

October’s statewide job count was up by 6,500, or 2.1 percent, from October 2022. Health care added 1,400 jobs, with the strongest growth in hospitals. Leisure and hospitality was up by 1,000 jobs over the year, with most growth in restaurants and bars. Professional and business services added 700 jobs, and the transportation, warehousing and utilities sector and mining (which includes oil and gas) both added 600.

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Business and Economy Melissa Business and Economy Melissa

USCG Base Kodiak

With a Coast Guard expansion set to happen over the course of the next three years, Kodiak will welcome a possible addition of up to 1,000 new residents to the island. Currently there are approximately 2500 active duty and dependents stationed in Kodiak.

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