ASRC subsidiary buys Southeast Construction firm.

• Author: Pounds, Nancy
• Position: INSIDE ALASKA BUSINESS

ASRC Construction Holding Co. has acquired McGraw Custom Construction, a 30-year-old Southeast Alaska firm handling residential, industrial and government construction. ASRC Construction Holding Co. is a subsidiary of Arctic Slope Regional Corp. and provides oversight and support for six construction companies. The Southeast company, now called ASRC McGraw Constructions, is based in Sitka and employs about 30 people. The acquisition will allow the ASRC company to handle...