The Top 49ers: The State's Most Successful Alaskan-Owned Businesses.

Position:Industry Overview - Statistical Data Included
 
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Every October Alaska Business Monthly salutes the top 49 Alaskan-owned and -operated businesses in the state, based on gross revenues for the previous year. This year--the 16th for putting together this prestigious listing--is no different.

This is the sixth consecutive year Arctic Slope Regional Corp. has topped the listing. With 1999 gross revenues of $885.47 million, down 0.23 percent from last year's $887.51 million, the organization is impressive indeed.

Ranking second is Lynden Inc. with 1999 gross revenues of $330 million, an increase of 7.58 percent over 1998's totals. Lynden Inc. moved from its long-held third-place position to beat out VECO Alaska Inc. VECO, with 1999 gross revenues of $305 million, saw a decrease in revenues of 3.61 percent, dropping it to the third place position. VECO had held the second place position for five consecutive years, and before that ranked number one for two years.

There are many new faces to the 2000 Top 49ers listing. Those who made the ranks for the first time are Alcan Electrical and Engineering Inc., Allen and Petersen Co., Central Peninsula General Hospital, Eero Volkswagen of Anchorage Inc., Fairbanks Nissan, Goldbelt Inc., Koniag Inc., Peak Oilfield Services Co. and Wave Wholesale Co.

Peak Oilfield Services Co. and Wave Wholesale Co. are both subsidiaries of Native corporations. Wave Wholesale is a subsidiary of Calista Corp., which did not qualify this year based on its 1999 revenues of $10.9 million. Peak Oilfield Services Co. is a subsidiary of Cook Inlet Region Inc., which boasted 1999 revenues of $297 million, exclusive of those created by Peak Oilfield.

Native organizations by far dominate this listing. Fourteen of the Top 49ers are grouped in this category: Goldbelt Inc., Klukwan Inc., Ukpeagvik Inupiat Corp. Wave Wholesale Co., Ahtna Inc., Arctic Slope Regional Corp., Bristol Bay Native Corp., Chugach Alaska Corp., Cook Inlet Region Inc., Doyon Ltd., Koniag Inc., NANA Regional Corp., Sealaska Corp. and The Aleut Corp. These organizations provide about 13,470 jobs and brought in total 1999 gross revenues of about $2.2 billion.

The retail/trade and construction industries are also well represented on this listing. There were 11 businesses that ranked in retail/trade, creating 1,476 jobs and showing 1999 combined revenues of $421 million. Eight businesses on the listing are in the construction industry, providing 4,671 jobs and showing 1999 combined revenues of more than $556 million.

Organizations showing the most growth include Ahtna Inc., Koniag Inc., McKinley Capital Management Inc., NANA Regional Corp., Nesser Construction, Northrim Bank and Wave Wholesale (again showing the strength of our Native corporations). Ahtna Inc. had a 45.26 percent increase in revenues from 1998 to 1999. Koniag Inc.'s increase in revenues from 1998 to 1999 was 52.55 percent. McKinley Capital Management had a 37.98 percent increase in revenue for the same time period. NANA Regional Corp. showed a 51.59 percent increase. Nesser Construction and Northrim Bank both saw increases in revenue of nearly 36 percent. And Wave Wholesale Co. saw 68.44 percent growth in revenues from 1998 to 1999.

Unfortunately, some corporations fell from the listing that had made it in previous years. There could be several reasons for these changes. The organizations may not have chosen to participate in the survey this year or refused to provide revenue information. Some, however, did not bring in enough revenue during 1999 to qualify. Those dropping from the 49ers in 2000 that were represented last year include Alaska Sales & Service Inc., Alcan General Inc., Gaston & Associates Inc., Hames Corp., Hickel Investment Co. and Inlet Fisheries Inc./Inlet Salmon.

The businesses that comprise this list deserve praise for their contributions to Alaska. They provide more than jobs and revenue for the state. They represent an elite group of corporations that work hard in their commitment to Alaska and its people. Alaska Business Monthly will honor the Top 49ers at a special Chamber luncheon on Oct. 2. at the Sheraton Anchorage Hotel.

1 ARCTIC SLOPE REGIONAL CORP.

P.O. Box 129

Barrow, AK 99723

Phone: 852-8633 Fax: 852-5733

wwww.asrc.com

Key Personnel:

Jacob Adams, President

Oliver Leavitt, Chairman

Conrad Bagne. COO

Employees: 5,225

Year Estab.: 1972

Rank Last Year: 1

REVENUE (Millions $)

1999 885.47

1998 887.51

1997 662.80

1996 530.00

1995 468.50

Change -0.23% from 1998

MAIN BUSINESS:

Alaska Native Regional Corporation

PRINCIPAL ACTIVITIES:

A diversified holding company with businesses in commercial construction, resource exploration and development, petroleum relining and product sates, plastic products manufacturing automotive merchandise sales, oilfield support, hotel, tourism, engineering, consulting, environmental remediation, telecommunications and cable operations.

SUBSIDIARIES:

Alaska Growth Capital, Arctic Slope Construction Inc., Eskimos Inc., Natchiq Inc., Alaska Petroleium Contractors, ASRC Parsons Engineering LLC, Houston Contracting Co., Houston/NANA JV, Global Power and Communicaions LLC, Omega Services Industries Inc.

2 LYNDEN INC.

6641 S. Airpark Pl"

Anchorage, AK 99502

Phone: 245-1544 Fax: 245-1744

E-mail: custsvc@lynden.com

www.lysnden.com

Key Personnel:

Jim Jansen, Pres./CEO

Jon Burdick, COO

Dave Haugen, VP

Employees: 1,340

Year Estab.: 1953

Rank Last Year: 3

REVENUE (Millions $)

1999 330.00

1998 305.00

1997 284.00

1996 257.00

1995 248.00

Change 7.58% from 1998.

MAIN BUSINESS:

Transportation and logistics

PRINCIPAL ACTIVITIES:

Freight transportation and logistics services in Alaska the Lower 48 and the world.

SUBSIDIARIES:

Alaska West Express, Alaska Marine Lines, Lyndon Air Cargo, Lyndon Air Freight, Lyndon Transport, Lyndon Logistics, Lynden International, Knik Construction, NANA/Lynden Logistics, Alaska Hovercraft, Bering Marine, Alaska Marine Trucking, Alaska West Training Center, Alaska Railbelt Marine.

3 VECO ALASKA INC.

949 E. 36th Ave.

Anchorage, AK 99508

Phone: 762-1500 Fax: 762-1600s

E-mail: vcco@veco.com

www.veco.com

Key Personnel:

Bill Allen, Chair/CEO

Pete Leathard., Pres./COO

Roger Chan SrVP/CFO

Employees: 4,000

Year Estab.: 1968

Rank Last Year: 2

REVENUE (Millions $)

1999 305.00

1998 316.00

1997 291.00

1996 358.00

1995 330.00

Change -3.61% from 1998.

MAIN BUSINESS:

Engineering, construction, operations & maintenance

PRINCIPAL ACTIVITIES:

Engineering and design, construction, equipment operations and maintenance, oilfield services and mining

SUBSIDIARIES:

VECO Alaska Inc., NorconlEastwind, VECO/NANA JV, VECO Alberta, VECO Pacitic, VECO Rocky Mountain, VECO Mexico, VECO Middle East.

4 COOK INLET REGION INC.

P.O. Box 93330

Anchorage, AK 99509

Phone: 274-8638 Fax: 279-8838

E-mail: aknox@cid.com

www.ciri.com

Key Personnel:

Carl Mares, Pres./CEO

Barbara Donatelli, Exec. VP

Mark Keroloff.VP/General Counsel

Employees: 75

Year Estab.: 1972

Rank Last Year: 5

REVENUE (Millions $)

1999 297.06

1998 251.00

1997 186.00

1996 129.00

1995 131.00

Change 15.51% from 1998.

MAIN BUSINESS:

Alaska Native Regional Corporation

PRINCIPAL ACTIVITIES:

Diversified business investments include tourism and natural resources, heavy equipment, construction and oillield services, real estate and communications/wireless telephones.

Peak Outbid Service Co.; Alaska Interstate Construction Machinery Inc.; Hyatt Regency at Lake Las Vegas Resort, Nev.; The Westin Kierland Resort, Ariz.; Cook Inlet/Voice Stream PCS; BellSouth Carolinas PCS LP; Alaska Heritage Tours; Anchorage RV Park Kenai Fjords Tours; Prince William Sound Cruises and Tours; Seward Windsong Lodge; Talkeetna Alaskan Lodge.

SUBSIDIARIES:

5 NATIONAL BANK OF ALASKA

P.O. Box 100600

Anchorage, AK 99510

Phone: 522-8888 Fax: 267-5448

E-mail: questions@nbak.com

www.nbak.com

Key Personnel:

Edward Rasmuson, CEO/Chairman

Richard Strutz, President

Gary Dalton, SVP/CFO

Employees: 1,000

Year Estab.: 1972

REVENUE (Millions $)

1999 287.80

1998 273.10

1997 258.00

1996 248.00

1995 223.00

Change 5.11% from 1998.

MAIN BUSINESS:

Financial services

PRINCIPAL ACTIVITIES:

Personal and business financial services including checking and savings accounts, certificates of deposit, IRAs, investment services, trust and retirement planning, escrows, international banking, personal/home/business loans and more.

SUBSIDIARIES:

NBA Leading Corp., NBA International Banking Corp, Northland Credit, Northland Mortgage, NBA Insurance Services.

6 SEALASKA CORP.

One Sealaska Plaza, Ste.400

Juneau, AK 99801

Phone: 586-1512 Fax: 586-1827

E-mail: roos.soboleff@nealaska.com

www.sealaska.com

Key Personnel:

Robert Loescher.Pres./CEO

William Strafford, CFO

Joseph Devine, COO

Employees: 1,650

Year Estab.: 1972

Rank Last Year: 6

REVENUE (Millions $)

1999 176.00

1998 189.40

1997 136.00

1996 236.00

1995 216.00

Change -7.61% from 1998.

MAIN BUSINESS:

Alaska Native Regional Corporation

PRINCIPAL ACTIVITIES:

Timber harvest and marketing, silviculture and forest management, mining, processing, marketing high brightness/high whiteness calcium carbonate, precision plastic injection molding and prototyping, mineral reconaissence opportunities on 600,000 acres of mineral estate in Southeast Alaska, financial investments.

SUBSIDIARIES:

Sealaska Timber Corp., TnQuest Precision Plastics, Seacal LLC.

7 BRADY & COMPANY INC.

P.O. Box 107502

Anchorage, AK 99510

Phone: 276-5617 Fax: 276-6292

E-mail: Info@bradycompany.com

www.bradycompany.com

Key Personnel:

Carl Brady, Jr., Chairman/CEO

Fred Chadwick, Pres./COO

David Taylor, Exec. VP/CEO

Employees: 50

Year Estab.: 1977

Rank Last Year: 8

REVENUE (Millions $)

1999 146.00

1998 132.00

1997 87.00

1996 76.00

1995 79.00

Chance 9.59% from 1998.

MAIN BUSINESS:

Insurance brokerage

PRINCIPAL ACTIVITIES:

Insurance brokerage services, risk management and loss control consulting, and lines of business personal insurance, including employee benefits coverages.

SUBSIDIARIES:

None

8 NANA REGIONAL CORP. INC.

P.O. Box 49

Kotzebue, AK 99752

Phone: 442-3301 Fax...

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