BSNC Acquires Northwest Contracting
Bering Straits Native Corporation (BSNC) has acquired Northwest Contracting, an Alaska-based industry leader in pavement marking and grooving. Northwest Contracting was founded in 2008 by co-owners Charlie McAllen and Chris Hubble.
“BSNC has carefully evaluated the opportunities this acquisition offers. Northwest Contracting will complement the growing Bering Straits portfolio of companies,” says BSNC president and CEO Gail R. Schubert. “We are pleased to announce that Charlie McAllen and Chris Hubble will stay with the company and continue to manage day-to-day business activities. We welcome Northwest Contracting employees into the Bering Straits family.”
Through this purchase, Bering Straits is implementing the strategic plan established by its Board of Directors to diversify and expand its holdings. Northwest Contracting offers BSNC an opportunity to expand into a new market, grow the company through Small Business Administration certification, and extend geographical reach.
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Hardware Hangs In
Turns out, predicting the effects of a pandemic on a global economy is kind of impossible. In the midst of the uncertainty, those companies that crumbled and those that found ways to thrive seemed random at times, depending on local economies, access to financial aid, the unpredictability of consumers, changing regulations, and a little bit of “who knows.”