NANA Acquires Drake Construction, Expanding Infrastructure Capabilities
Photo Credit: Alaska Business
NANA Regional Corporation completed the acquisition of substantially all assets of Drake Construction, a Kotzebue-based general contractor. Drake Construction brings deep expertise in general contracting, civil infrastructure, utility systems, aggregate production, and marine logistics. These capabilities directly complement NANA’s existing construction, engineering, and facilities operations.
Deep Local Knowledge
“Welcoming the Drake Construction team and capabilities into the NANA family significantly enhances our ability to serve our clients and the region,” says NANA President and CEO John Lincoln. “Their proven track record and deep local knowledge align with our mission to drive sustainable economic growth and improve the quality of life for our shareholders and strengthen our communities. This acquisition is a powerful step forward in building long-term value for our shareholders.”
Current Issue
March 2026
Founded in 1968, Drake Construction built a reputation for delivering high-quality projects in Western Alaska, including airports, roads, water and sewer systems, and marine infrastructure. Together, NANA and the Drake Construction team offer a seamless, full-service contracting solution from early-stage planning through turnkey execution.
“Joining NANA opens the door to new opportunities for our team and the communities we serve,” says Toby Drake, president of Drake Construction. “With NANA’s resources and shared values, we’re better positioned than ever to take on complex projects that matter. We’re proud to continue our legacy of building in the region with even greater impact.”
NANA says the acquisition enhances the Kotzebue-based Alaska Native regional corporation’s ability to serve energy, commercial, natural resources, and federal markets. The corporation says it also underscores a commitment to diversification, long-term sustainability, and community-driven economic development while reinforcing its long-term commitment to infrastructure development across the region.
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