BSNC Acquires Northwest Contracting
BSNC
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.
Making History
The track of oil and gas development in Alaska shows the footprints of bold companies and hard-working individuals who shaped the industry in the past and continue to innovate today. The May 2024 issue of Alaska Business explores that history while looking forward to new product development, the energy transition for the fishing fleet, and the ethics of AI tools in business.