|  April 20, 2014  |  
Fair   44.0F  |  Forecast »
Bookmark and Share Email this page Email Print this page Print Feed Feed

Alaska Business Monthly’s Top 49ers Announced

Five Alaska Native corporations topped the list with gross 2009 revenues of more than $1 billion each

ANCHORAGE, Alaska -- Alaska Business Monthly, in conjunction with the Alaska State Chamber of Commerce, announced the Top 49 Alaskan-owned and -operated companies in the state, based on 2009 gross revenues.

Topping the charts for the 16th year was Arctic Slope Regional Corp. with gross revenues for 2009 of nearly $2 billion. Also topping the billion-dollar mark were Bristol Bay Native Corp., NANA Regional Corp. Inc., Chugach Alaska Corp. and Chenega Corp.

New to the listing, for the first time ever, were Three Bears Alaska Inc. and DOWL HKM. Three Bears placed 32nd with revenues of $111.25 million, and DOWL placed 49th with 2009 gross revenues of $55 million. The cutoff last year was $50.5 million.

These 49 companies brought in combined gross revenues of about $15 billion, and provided about 69,000 jobs worldwide and 24,000 in Alaska.

Native businesses total revenues were $10.8 billion, 73 percent of all revenue totals. They also provided 57,000 jobs worldwide and 15,000 in Alaska, about 83 percent of all jobs on the listing, and 61 percent of those employed in Alaska. Of the top 10, nine were Native corporations. Lynden, a multi-model transportation and logistics company, ranked seventh.

Of the 49 companies represented, 37 saw an increase of revenues. "These companies are still growing strong," said Jim Martin, Alaska Business Monthly president. "They have weathered the storm, and have come out on top, providing jobs, dividends and a host of other benefits to the Alaska and worldwide economies.

A complete list of the Top 49ers follows, and a complete TOP 49ers Special Section Directory with additonal information is available in our current issue on our website and at newstands:

010 Rank
Company Name
Headquarters
2009 revenue
Alaska Employees
Worldwide Employees
Business Type
Top Executive

1
Arctic Slope Regional Corporation
Barrow
$1.95 billion
4,689
10,966
Energy services, petroleum refining & marketing.
Rex Rock (Pres./CEO)

2
Bristol Bay Native Corp.
Anchorage
$1.39 billion
473
1,762
Native Organization
Jason Metrokin (Pres./CEO)

3
NANA Regional Corporation Inc.
Kotzebue
$1.26 billion
3,200
9,300
Alaska Native Corporation
Marie N. Greene (Pres./CEO)

4
Chugach Alaska Corporation
Anchorage
$1.11 billion
886
5,500
Native Organization
Ed Herndon (CEO)

5
Chenega Corporation
Anchorage
$1.08 billion
330
5,500
Village Corporation
Charles W. Totemoff (CEO/Pres.)

6
Afognak Native Corp./Alutiiq
Kodiak
$766 million
203
6,133
Government contracting.
Richard M. Hobbs (Pres./CEO)

7
Lynden
Anchorage
$680 million
698
2,164
Multi-modal Transportation and Logistics.
Jim Jansen (CEO)

8
The Eyak Corporation
Anchorage
$423 million
94
314
Alaska Native Corporation
Rod Worl (CEO)

9
Ukpeagvik Inupiat Corporation
Barrow
$317 million
600
1,900
Village Corporation
Forrest "Deano" Olemaun (Pres./CEO)

10
Doyon Limited
Fairbanks
$309 million
1,427
2,727
Norman L. Phillips (Pres../CEO)

11
Alaska USA Federal Credit Union
Anchorage
$293 million
1,298
1,487
Financial Services
William B. Eckhardt (Pres.)

12
Chugach Electric Association Inc.
Anchorage
$291million
325
325
Retail and wholesale electric service within the Railbelt.
Bradley Evans (CEO)

13
Cape Fox Corporation
Ketchikan
$255 million
140
624
Federal Contracting, Hospitality and Real Estate.
Michael E. Brown (CEO)

14
Ahtna Inc.
Glennallen
$231 million
397
2,004
Native Organization
Ken Johns (Pres./CEO)

15
The Wilson Agency LLC
Anchorage
$207 million
19
19
Employee benefits, group insurance and wealth management.
Lon G. Wilson (Pres.)

16
Calista Corp.
Anchorage
$203 million
348
1,285
Alaska Native Corporation.
Matthew Nicolai (Pres./CEO)

17
Sealaska Corp.
Juneau
$201 million
580
580
Natural resources, services, diversity solutions,
Chris E. McNeil (Pres./CEO)

18
Golden Valley Electric Association Inc.
Fairbanks
$197 million
253
253
Generates and distributes electricity.
Brian Newton (Pres./CEO)

19
Tyonek Native Corporation
Anchorage
$171 million
68
896
Village Corporation
Tom Harris (CEO)

20
USTravel
Anchorage
$166 million
80
170
Corporate and leisure travel management (USTravel)
Mark Eliason (Pres./CEO)

21
Bering Straits Native Corp.
Nome
$162 million
289
941
Government contracting and construction.
Gail R Schubert (CEO)

22
First National Bank Alaska
Anchorage
$156 million
736
736
Full service commercial bank.
D.H. Cuddy (Pres./Chairman)

23
Davis Constructors & Engineers Inc.
Anchorage
$152 million
210
330
Commercial construction and design-build.
Josh Pepperd (Pres.)

24
The Aleut Corporation
Anchorage
$146 million
141
850
Government contracting, oil and fuel storage
David Gillespie, CEO

25
Alaska Interstate Construction LLC (AIC)
Anchorage
$140 million
650
650
Construction, mining, oil and gas.
Steve Percy (Pres.)

26
Olgoonik Corp.
Anchorage
$135 million
86
391
Alaska Native organization.
June Childress (Pres.)

27
Udelhoven Oilfield System Services Inc.
Anchorage
$132 million
536
585
Oilfield services, construction management, electrical and mechanical system installation.
Jim Udelhoven (CEO)

28
Carlile Transportation Systems
Anchorage
$126 million
455
650
Full-service transportation company.
Linda Leary (Pres.)

29
Peak Oilfield Service Co.
Anchorage
$125 million
585
585
Alaska general contractor.
Mike O'Connor (Pres.)

30
Era Alaska
Anchorage
$117 million
775
775
Scheduled Passenger/Cargo services.
Bob Hajdukovich (Pres./CEO)

31
Koniag Inc.
Kodiak
$116 million
65
835
Alaska Regional Native Corporation
William Anderson, Jr. (Pres./CEO)

32
Three Bears Alaska Inc.
Wasilla
$111 million
293
343
Retail grocery and general merchandise.
David A Weisz (President/CEO)

33
Neeser Construction Inc.
Anchorage
$110 million
268
271
General contracting firm.
Jerry Neeser (Pres.)

34
Matanuska Electric Association Inc.
Palmer
$110 million
142
142
Electric Cooperative
Joe Griffith (Gen. Mgr.)

35
Goldbelt Inc.
Juneau
$108 million
250
1,000
Government contracting and tourism.
J.Gary Droubay (Pres./CEO)

36
The Tatitlek Corporation
Anchorage
$108 million
139
2,927
Alaska Native Village Corporation.
Roy Totemoff (President & CEO)

37
Matanuska Telephone Association Inc.
Palmer
$106 million
400
400
Telecommunications.
Greg Berberich (CEO)

38
Usibelli Coal Mine Inc. and Alaska Affiliates
Healy
$91 million
128
128
Coal mining.
Joe Usibelli (Chairman)

39
Homer Electric Association Inc.
Homer
$87 million
140
140
HEA is a member owned electric cooperative.
Brad Janorschke (Gen. Mgr.)

40
Construction Machinery Industrial LLC
Anchorage
$87 million
94
94
Sells and services heavy equipment.
Ken Gerondale (Pres./CEO)

41
The Kuskokwim Corporation
Anchorage
$87 million
10
110
Alaska Native Corporation.
Maver Carey (CEO)

42
Watterson Construction Co.
$86 million
90
90
General building contractor.
Bill Watterson (Pres.)

43
Cook Inlet Region Inc.
Anchorage
$80 million
80
80
CIRI is an ANC with diverse business interests.
Margaret L. Brown (Pres./CEO)

44
Colville Inc.
Prudhoe Bay
$76 million
97
97
Full-service solid waste services and industrial supply with NAPA. Offshore logistics.
Mark Helmericks (Pres./CEO)

45
Peninsula Airways Inc.
Anchorage
$70 million
450
450
Passenger, cargo and charter service.
Danny Seybert (Pres.)

46
Roger Hickel Contracting Inc.
Anchorage
$67 million
75
80
General contractor - commercial and road work.
Mike Shaw (Pres.)

47
UNIT Company
Anchorage
$59 million
75
110
Commercial general contractor.
Michael J. Fall (Pres.)

48
The Superior Group Inc.
Anchorage
$55 million
218
218
Full service mechanical and electrical contractor.
W. Michael Blake (Pres./Corp. Gen. Mgr.)

49
DOWL HKM
Anchorage
$55 million
200
400
Civil engineering, planning and survey.
Stewart G. Osgood (Pres.)

Add your comment:
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement