Economy
A land exchange between Aleut Corp., the U.S. Navy, and the Department of the Interior has transferred most of the naval facilities to the Aleut Corp. A portion of the Island will remain within the National Maritime National Wildlife Refuge, managed by U.S. Fish & Wildlife. Adak currently provides a fueling port and crew transfer facility for foreign fishing fleets—an airport, docks, housing facilities and food services are available. A grocery and ship supply store and restaurant opened in February 1999. Aleut Corporation maintains the facilities. Contractors are performing an environmental clean-up. Alaskan-owned Norquest-Adak Seafood Co. processes Pacific cod, pollock, mackerel, halibut, albacore and brown king crab. Four residents hold a commercial fishing permit, primarily for groundfish.
The January 2006 National Geographic magazine presented pictures of the Sea-based X-band Radar in tow around Cape Horn to Adak for the purpose of anti-ballistic missile space surveillance. This operation required about one hundred technicians. Google Earth pictures the long-time Naval Air Base infrastructure to be located at 51°52′37.07″N 176°38′55.00″W / 51.8769639°N 176.64861°W / 51.8769639; -176.64861.
Read more about this topic: Adak Island
Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)