Native corporation seeks to invest more in southeast Alaska; annual meeting scheduled in Hydaburg

    A southeast Alaska Native corporation has announced it will hold its next annual shareholder meeting in a remote village on Prince of Wales Island as it looks to invest further throughout the region.

    A southeast Alaska Native corporation has announced it will hold its next annual shareholder meeting in a remote village on Prince of Wales Island as it looks to invest further throughout the region.

    Sealaska CEO Anthony Mallott says having the 2017 meeting in Hydaburg is part of the corporation's effort to be more connected to rural shareholders during the state's economic downturn. Hydaburg had a population of fewer than 400 as of 2013.

    Sealaska officials are working to bring more than $100 million in investments back to southeast Alaska as well as the Pacific Northwest to benefit the company and its shareholders.

    Mallott says the efforts in southeast Alaska include a focus on the timber and seafood industries.

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