The 2019 Top 49ers: UNMASKED.
Position | TOP 49ERS SPECIAL SECTION |
The 2019 Alaska Business Top 49ers rankings are official, ironclad, etched in stone, locked in--and not a minute too soon as we can't wait to take a closer look at the Last Frontier's top earning, Alaskan-owned companies.
Topping the list (and there's no need to sit down for this, it's not surprising) is Arctic Slope Regional Corporation; what may knock you out of your easy chair (if you did sit) is that the company increased its revenue by a whopping 23 percent year over year, reporting a skyscraping $3.4 billion in revenue for 2018.
In fact, the top eight of the Top 49ers all managed (very possibly with the aid of grappling hooks and anti-gravity boots) to hold onto their rankings this year from last year.
Altogether the Top 49ers (through a shuffling of manila envelopes, coded knocks, and the endless whoosh of a network of pneumatic tubes) reported $17.2 billion in revenue for 2018, almost $2 billion more than the year previous.
In addition to the good ol' gang, there are two new, mysterious figures on the scene for 2019: Choggiung, the village corporation for Dillingham, leapt and bounded onto the list, landing at number 33, while Keller Williams Realty Alaska Group catapulted onto the list at number 49.
Whatever master plans our Top 49ers may have, it's clear they're doing what they do best: leading communities, building jobs from scratch, bustin' bank vaults (with the huge volumes of money they're making, naturally), and topping charts.
For now, we've decrypted their data in the following pages for your perusing pleasure.
To our Top 49ers: Congrats--and we're sure we'll be seeing you again soon.
1 ARCTIC SLOPE REGIONAL CORPORATION
Rex A. Rock Sr.
President/CEO
HQ: Utqiagvik
Established: 1972
Employees: 15,000 Worldwide, 23% in Alaska
RECENT EVENTS:
In 2018, ASRC subsidiaries acquired four new companies: F.D. Thomas, Inc.; Brad Cole Construction; Mavo Systems; and Hudspeth & Associates, Inc. Since the start of 2019, ASRC subsidiaries acquired National Environmental Group; Niles Construction Services; and K2 Industrial Services.
SERVICES: ASRC has six major business segments: government contract services, petroleum refining and marketing, energy support services, industrial services, construction, and resource development.
5 YEAR REVIEW 18 $3,396,783,000 '17 $2,697,862,000 '16 $2,371,164,000 '15 $2,515,377,000 '14 $2,663,540,000 THE STORY SO FAR...
Change in revenue [up arrow] 26% No change in rank
2 BRISTOL BAY NATIVE CORPORATION
Jason Metrokin President/CEO
HQ: Anchorage
Established: 1972
Employees: 4,020 Worldwide, 40% in Alaska
RECENT EVENTS:
BBNC added two Pilatus PC-12 airplanes to Katmai Air, which provides high-end fishing and bear viewing to visitors from around the world. Also, Bristol Alliance Fuels entered into a lease with Delta Western, extending our petroleum sales footprint in Bristol Bay to include Naknek and Dillingham.
SERVICES: Industrial services, construction, government services, tourism, and natural resources.
5 YEAR REVIEW '18 $1,689,014,000 '17 $1,659,345,000 '16 $1,525,181,000 '15 $1,512,022,000 '14 $1,736,084,000 THE STORY SO FAR...
Change in revenue [up arrow] 2% No change in rank
NANA 3
Wayne Westlake President/CEO
HQ: Kotzebue
Established: 1972
Employees: 13,147 Worldwide, 32% in Alaska
5 YEAR REVIEW '18 $1,501,302,000 '17 $1,354,000,000 '16 $1,300,000,000 '15 $1,600,000,000 '14 $1,600,000,000 THE STORY SO FAR...
Change in revenue [up arrow] 11% No change in rank
RECENT EVENTS:
NANA experienced substantial bottom-line financial improvements in FY18 over the previous year, positioning the corporation for growth as we protect shareholder assets, optimize business performance and invest in our businesses, people and communities.
SERVICES: NANA and our family of companies are leaders in mining and resource development, engineering and construction, food and facilities management, camp services, security, logistics, and federal contracting services.
4 LYNDEN
Jim Jansen Chairman
HQ: Anchorage
Established: 1954
Employees: 2,658 Worldwide, 37% in Alaska
RECENT EVENTS:
We have now served all seven continents after supporting a recent research mission in Antarctica. Our barge service has expanded in the Arctic region to include the North Slope villages. The Lynden companies are repeat winners of Logistics Management's Quest for Quality Awards.
SERVICES: Lynden is a family of transportation companies with capabilities. including truckload and less-than-truckload services, scheduled and charter barges, scheduled and charter cargo aircraft, worldwide freight forwarding, heavy haul and oversize services, intermodal bulk chemical hauls, and multi-modal logistics.
5 YEAR REVIEW '18 $1,050,000,000 '17 $950,000,000 '16 $925,000,000 '15 $975,000,000 '14 $1,000,000,000 THE STORY SO FAR...
Change in revenue [up arrow] 11% No change in rank
CHUGACH ALASKA CORPORATION 5
Gabriel Kompkoff President/CEO
HQ: Anchorage
Established: 1972
Employees: 5,700 Worldwide, 18% in Alaska
RECENT EVENTS:
Congress' passage of the Chugach Lands Study Act in 2019 is a significant milestone for the corporation, which opens the door for a potential land exchange opportunity. This was planned for by our original founders when they selected parcels of land with the intent to exchange at a future date.
SERVICES: Chugach provides opportunities to its shareholders through a portfolio of operating businesses, investments, and land and resource development projects.
5 YEAR REVIEW '18 $949,000,000 '17 $920,000,000 '16 $842,000,000 '15 $758,000,000 '14 $626,000,000 THE STORY SO FAR...
Change in revenue [up arrow] 3% No change in rank
6 CHENEGA CORPORATION
Charles W. Totemoff
President/CEO
HQ: Anchorage
Established: 1974
Employees: 5,850 Worldwide, 5% in Alaska
RECENT EVENTS:
During FY18, a total of twenty-three shareholders, spouses, and descendants were awarded scholarships totaling more than $224,000.
SERVICES: Government services includes military, intelligence, and operations support, security, environmental, healthcare, facilities, and professional services. Commercial services includes communications contracting, home healthcare services, technology contracting, and food service industry.
5 YEAR REVIEW '18 $830,000,000 '17 $876,000,000 '16 $927,000,000 '15 $882,000,000 '14 $885,000,000 THE STORY SO FAR...
Change in revenue [down arrow]5% No change in rank
AFOGNAK NATIVE CORPORATION 7
Greg Hambright President/CEO
HQ: Kodiak
Established: 1977
Employees: 4,546 Worldwide, 3% in Alaska
5 YEAR REVIEW '18 $643,686,000 '17 $608,104,000 '16 $474,271,000 '15 $457,569,000 '14 $505,346,000 THE STORY SO FAR...
Change in revenue [up arrow]6% No change in rank
RECENT EVENTS:
On June 27, 2019, Afognak Native Corporation hosted the 4th Annual Afognak Youth Charity Golf Tournament at the Anchorage Golf Course, raising a new record of more than $60,000 for Native Villages of Afognak and Port Lions youth.
1 SERVICES: Afognak Native Corporation, Alutiiq, and their subsidiaries offer exceptional government and commercial services worldwide in leasing; construction; timber; engineering; security; logistics, operations, and maintenance; professional and administrative services; oilfield; and youth services.
8 CALISTA CORPORATION
Andrew Guy President/CEO
HQ: Anchorage
Established: 1972
Employees: 3,000 Worldwide, 27% in Alaska
RECENT EVENTS:
Calista subsidiary Yulista Tactical Services began NASA contracts to support all of NASA's fixed-wing fleet at Ellington Field, El Paso Forward Operating Location, and Langley Research Center.
SERVICES: Oil field services; civil, vertical and heavy construction; defense contracting; heavy equipment sales, rental, service; real estate; environmental remediation and services; marine transportation; telecommunications services.
5 YEAR REVIEW '18 $575,474,000 '17 $480,200,000 '16 $492,200,000 '15 $460,100,000 '14 $401,900,000 THE STORY SO FAR...
Change in revenue [up arrow] 20% No change in rank
COOK INLET REGION, INC 9
Sophie Minich President/CEO
HQ: Anchorage
Established: 1972
Employees: 80 Worldwide, 100% in Alaska
5 YEAR REVIEW '18 $513,881,000 '17 $439,349,000 '16 $289,048,000 '15 $222,810,000 '14 $304,421,000 THE STORY SO FAR...
Change in revenue [up arrow] 17% Up 1 in rank
RECENT EVENTS:
CIRI continues to manage a diverse portfolio of investments in Alaska and beyond. CIRI is a corporation rooted in the heritage and culture of our shareholders, working toward a future where Native people thrive.
SERVICES: Government services, real estate, energy and infrastructure, natural resources, private equities and investment securities, and oilfield services.
10 UKPEAGVIK INUPIAT CORPORATION
Delbert Rexford President/CEO
HQ: Utqiagvik
Established: 1973
Employees: 4,498 Worldwide, 12% in Alaska
RECENT EVENTS:
Remarkable turnaround with significant increase in profitability and return on equity as a result of corporate and operational restructuring. Now with a strong financial position, UIC is exploring expansion into other business sectors.
SERVICES: Government contracting, construction, engineering, regulatory consulting, information technology, marine transportation, logistics, oil and gas, industrial support, and manufacturing.
5 YEAR REVIEW '18 $461,190,653 '17 $470,425,629 '16 $424,300,000 '15 $424,426,000 '14 $356,781,000 THE STORY SO FAR...
Change in revenue [down arrow] 2% Down 1 in rank
SEALASKA 11
Anthony...
To continue reading
Request your trialCOPYRIGHT GALE, Cengage Learning. All rights reserved.