ASRC reaches historic milestone.

• Position: BUSINESS - Arctic Slope Regional Corporation - Brief article

For the first time since incorporation, Arctic Slope Regional Corporation (ASRC) distributed more than $1 billion to the other Alaska Native regional corporations as part of its 7(i) obligation. 7(i) distributions are made annually; a recent payout from ASRC was approximately $125 million.

"Every region in the state benefits from ASRC's 7(i) distribution, and the more than a billion dollars in total is a testament to the hard work and dedication of ASRC employees, as well as the importance of responsible natural resource...