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Article: Bristol bay EDC/Wells Fargo reach agreement. (Fisheries).(Bristol Bay Economic Development Corp. gets funding from Wells Fargo Bank Alaska)(Brief Article)
- Article from:
- Alaska Business Monthly
- Article date:
- July 1, 2003
CopyrightCOPYRIGHT 2003 Alaska Business Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bristol Bay Economic Development Corp. received a $20 million loan from Wells Fargo Bank Alaska to expand its interest in Bering Sea fisheries. Officials said the loan will assist BBEDC in advancing the economic and community development of the 17 communities it represents, from Togiak in the north to Port Heiden in the south, including Dillingham, Naknek and King Salmon.
"This loan will provide BBEDC with the mechanism to expand existing fisheries in the Bering Sea," said Robin Samuelsen, the corporation's CEO. "We hope to increase the number of ...