Arctic Slope Regional Corporation Leads Top 49ers List
Arctic Slope Regional Corporation is proud to once again be recognized by the Alaska State Chamber of Commerce, Alaska Business Monthly and other business leaders as the top Alaska-owned and operated company. This is the 16th consecutive year that ASRC has ranked #1 on the 'Top 49ers' list, based on the prior year's gross revenues.
"Our continued financial stability is a direct result of our diversity, and the dedication of ASRC's employees", said Rex Allen Rock Sr., President and CEO of Arctic Slope Regional Corporation. "I'm most proud that these revenue numbers allow us to better the lives of our approximately 11,000 shareholders, both directly in the terms of dividends, but also indirectly - in the way of investments in community projects and educational opportunities. I congratulate the many other successful businesses on this list as well."
In 2009, ASRC's revenues came in at $1.95 billion. Our principal business activities include energy services, petroleum refining and marketing, engineering and construction, government services, resource development, commercial lending and tourism.
Arctic Slope Regional Corporation is owned by and represents the business interests of the Arctic Slope Iñupiat. Since opening enrollment in 1989 to Alaska Natives born after 1971, the corporation's shareholder base has nearly tripled, growing from the 3,700 original enrollees to around 11,000 today. The headquarters is in Barrow, Alaska, with administrative and subsidiary offices located in Anchorage and throughout the United States. ASRC, along with its family of companies, is the largest Alaskan-owned company, employing approximately 10,000 people worldwide.