A News

Sealaska revenues jump; timber company diversifies

Southeast Alaska’s regional Native corporation had its highest revenues in recent memory last year. Sealaska made money from investments, timber operations and a number of other subsidiaries. The corporation’s annual report was released as shareholders prepared for Sealaska’s annual meeting, which will be held this year in San Francisco.Related Link: Link to Sealaska’s annual report…

Sealaska explores “green” forestry

Sealaska wants to cash in on corporate America’s interest in going green. The Southeast regional Native corporation is looking into certifying its timber operations as sustainable. It’s also checking into emerging markets for offsetting carbon dioxide emissions. Sealaska, Southeast’s largest timber producer, is working with environmental groups such as Greenpeace. But there’s no guarantee it…

Fall dividend first for new Sealaska shareholders

About a thousand Alaska Natives with roots in Southeast will get their first Sealaska dividends soon. The Juneau-based regional Native corporation will make its next payout in early December. It’s the first dividend since shareholders voted to add descendents to the corporate rolls. It’s also the largest paid out in years.Related Link: Find out if…