Northern Economics Inc

:NEW MEMBER PROFILE APP Associate Member Northern Economics Inc.

The Association of Pacific Ports takes great pleasure in welcoming Northern Economics Inc. A key factor in Northern Economics’ success has been the expertise of team members and the all-encompassing as our newest Associate Member. Led by President and Principal Economist approach to projects... Marcus Hartley, M.S., Northern Economics has, for over 35 years, projects. Mike Fisher holds graduate lived by the mission of “helping soci- degrees in Business Administration and ety make better decisions.” Proficient Project Management and has worked in the areas of economics, financial on a wide variety of projects, ranging feasibility analyses, business planning, from feasibility studies for Alaskan demographics and population studies, ports and harbors to statistical analyses, resource economics, market research market studies and business plans. Also and socioeconomic impact assessments, on staff: Northern Economics applies their Leah Cuyno, Senior Economist, who experience and expertise to a broad holds a doctoral degree and a master’s range of industries. In speaking to the degree both in Agricultural and Applied APP, Mike Fisher, Vice President and Economics with a specialization in Principal Consultant, provided an over- environmental economics. Dr. Cuyno is view of the company’s strengths as well a leading practitioner of economic analy- the variety and range speak to the repuas the trends in projects they’ve been sis tools such as IMPLAN and REMI. tation that they have built. Clients have seeing in sectors such as port and har- Don Schug, Ph.D., Socioeconomic included numerous cities and boroughs, bors, transportation, fisheries, energy Analyst, has more than 30 years of state and federal government agencies, and mining, tourism and infrastruc- experience performing analyses of the native and tribal entities, public organizture, and much more. economic and social aspects of fisheries ations, and private-sector firms, seeking

A key factor in Northern Economics’ and fisheries management at commun- assistance with projects like feasibility success has been the expertise of team ity, national, and international levels. studies, benefit-cost analyses, business members and the all-encompassing He also has particular expertise pre- planning, market analyses, grant assistapproach to projects that, by their paring environment reviews under the ance, regulatory compliance, rate studnature, require overlapping disciplines. National Environmental Policy Act, ies, surveys, and land use assessments. A feasibility study for a port will need including evaluation of economic, Giving just one recent example of to factor in market conditions for such social and community, and environ- work, the Department of Transportation things as energy and mining, fishing, or mental justice impacts. and Public Facilities engaged Northern resource development. Likewise, a pro- Brock Lane, Project Consultant, has Economics to create a data-driven ject related to a resource industry will a background in Applied and Resource model to estimate impacts of 11 options need to consider transportation logis- Economics as well as a Bachelor of to reshape the Alaska Marine Highway tics. It is this diversity and broad range Science degree in Mining Engineering. System. The goal of the project was to of expertise that speaks to the strength Supporting staff are equally qualified assess options that would reduce the of the company. in their disciplines — Terri McCoy, operating subsidy of the system while

A quick review of the background of Publication Specialist and Proposal maintaining acceptable levels of serprincipal and project consultants bears Coordinator has over 15 years of experi- vice. The analysis included econometric out the expanse of their expertise. Marcus ence in editing and formatting tech- modelling of travel demand in response Hartley, for example, has a Masters nical reports; and Diane Sauer, Office to changes in prices and to changes in in Agricultural and Natural Resource Manager, holds the entire team to the frequency of port calls. The analyEconomics and has focused on issues account with budgets, financial report- sis considered changes in the ownership involving fisheries and fisheries infra- ing, and human resource management. structure and examined the impacts of structure as well as significant involve- As for the type of projects that clients changes in daily operating hours as well ment in natural gas and LNG pipeline bring to Northern Economics, again, as the impacts of lower wages. “Coastal