TOP 49ers
Monster Illustration
Welcome Adventurers!
C

hoices lay before you, but before you embark, let us set the scene: It’s 2022, and for the last two years every business, not-for-profit, and nonprofit across the globe has been operating to the best of its ability under the demands of a worldwide pandemic.

Not every business made it: some saw an unanticipated and unavoidable drought, markets or customers drying up seemingly overnight, while others chose a downhill route that led over a steep cliff—an unfortunate end.

Other businesses worked their way through the labyrinth, emerging at the end with bumps and scrapes and a whole lot of lessons learned. They navigated plot twists that arose from working and living at home, social distancing, PPE shortages, logistics issues, and a growing demand for houseplants.

So here we are! We know what’s behind us, but what’s next? That decision is up to the companies still providing the goods and services that keep Alaska running. Whether they trudged through the pandemic or launched anew because of it, they must place their next steps carefully.

For the seasoned adventurers in the following pages—our 2022 Top 49ers—none of them began their journey within the last twenty-four months: even the most ambitious business plan generally doesn’t call for gross revenues above $51 million in less than two years. Which means these are all veteran businesses that fell into a lagoon infested with laser sharks—a common metaphor for the pandemic, we’re pretty sure—and found a way across.

They’ve also all cleared a new hurdle: our revised Top 49ers criteria. Before this year, the criterium for being a Top 49er was (seemingly) straightforward: be at least 51 percent Alaskan-owned. But who is an Alaskan? Is someone who was born and raised in Alaska but resides elsewhere, at least part of the year, still Alaskan? Is someone who moved away from the state temporarily for a job or education Alaskan? Is someone who’s only been a resident for one year Alaskan? Is a publicly traded company with stockholders worldwide Alaskan-owned, provided all its operations are in the state?

Instead of defining what “Alaskan” means (the concept is too big for one editorial team, no matter how dedicated, to nail down), we established two new criteria: founded and headquartered in Alaska. We are honoring the companies that started here and stay here, dedicated to drawing revenue back to the 49th state. Amid a world of options, they have committed to their original base camps.

None of the Top 49ers strapped on their gear and hiked up Pandemic Mountain just to lay down for an afternoon nap. The challenges of the pandemic have leveled up their business skills: using new technology, understanding their workforce, improving communication. The route each Top 49er took has set them in a unique position for the upcoming year, and there are options aplenty for each—unexplored markets, potential acquisitions, or new skillsets in the form of exceptional personnel.

In this special section and throughout the magazine, you will encounter forks in the road, options for roaming through the wilderness between these covers. You may have chosen the straight path from beginning to end (which is never a bad reading option), or the choices at the bottom of the page may have brought you here from any other direction. In the spirit of adventure, we hope you’ll follow a less direct path and seek enriching connections among the contents of this exceptional section and issue. Whatever options lay ahead, choose adventure: get out, get up, get going, and find success. The Top 49ers always do.

To see the adventures that the Top 49ers are excited about, choose this article.

To meet companies new to the list, choose this article.

To explore a summary pf the Top 49ers, view the graph below.

#1 | ASRC

In 2022, ASRC celebrated its 50th anniversary with celebrations across the North Slope, including a flag raising ceremony in Utqiaġvik. Pictured left to right: Crawford Patkotak, ASRC board chairman; Dr. Oliver Leavitt, board member and former chairman; and Rex A. Rock Sr., president and CEO.

ASRC

ASRC celebrated its 50th anniversary
#1 | ASRC

In 2022, ASRC celebrated its 50th anniversary with celebrations across the North Slope, including a flag raising ceremony in Utqiaġvik. Pictured left to right: Crawford Patkotak, ASRC board chairman; Dr. Oliver Leavitt, board member and former chairman; and Rex A. Rock Sr., president and CEO.

ASRC

#1
Arctic Slope Regional Corporation
2021 Rank: 1 | 13% Change in Revenue
Expedition Leader: Rex A. Rock Sr., Pres./CEO
Base Camp: Lat 71.29219923, Long -156.7863626
2021
$3,876,830,000

2020
$3,420,602,000

2019
$3,766,757,000

2018
$3,396,783,000

2017
$2,697,862,000

Arctic Slope
Noteworthy Events: We are proud to report that in 2021 ASRC achieved record revenues and its second highest adjusted EBITDA in the corporation’s history, despite the global pandemic and its effects. ASRC further strengthened its stable financial foundation built by its past and present leadership. Services: ASRC has six major business segments: government contract services, industrial services, petroleum refining and marketing, energy support services, construction, and resource development.
Employees: 14,656 Worldwide | 3,165 Statewide
Year Founded in Alaska: 1972
907-852-8633 | asrc.com
#2 | BBNC

Dellana Mann, Aria Gregorio, and Hailey Carty, participants at the second annual BBNC Culture Camp, sing and dance in Igiugig July 2022. The BBNC Culture Camp provides an opportunity for its shareholders and descendants to share, learn, and experience Bristol Bay’s Alutiiq, Dena’ina, and Yup’ik cultures, languages, and traditions. As BBNC celebrates its 50th anniversary, it is imagining a bright future for generations to come.

Matt Hage, HagePhoto | Bristol Bay Native Corporation

Dellana Mann, Aria Gregorio, and Hailey Carty, participants at the second annual BBNC Culture Camp
#2 | BBNC

Dellana Mann, Aria Gregorio, and Hailey Carty, participants at the second annual BBNC Culture Camp, sing and dance in Igiugig July 2022. The BBNC Culture Camp provides an opportunity for its shareholders and descendants to share, learn, and experience Bristol Bay’s Alutiiq, Dena’ina, and Yup’ik cultures, languages, and traditions. As BBNC celebrates its 50th anniversary, it is imagining a bright future for generations to come.

Matt Hage, HagePhoto | Bristol Bay Native Corporation

#2
Bristol Bay Native Corporation
2021 Rank: 2 | 28% Change in Revenue
Expedition Leader: Jason Metrokin, Pres./CEO
Base Camp: Lat 61.2061556, Long -149.8912328
2021
$2,162,939,000
2020
$1,690,619,000
2019
$1,766,967,000
2018
$1,689,014,000
2017
$1,659,345,000
BRISTOL BAY NATIVE
Noteworthy Events: BBNC subsidiary Bristol Wild Seafood Co. was recently announced as a Microsoft Product with Purpose. Microsoft celebrated by featuring Bristol Wild’s Bristol Bay sockeye salmon and Alaska cod in dining locations on campus and by holding a Seafood Sustainability panel and a salmon culinary demonstration. Services: Industrial services, construction, government services, seafood, tourism, and natural resources.
Employees: 5,128 Worldwide | 1,187 Statewide
Year Founded in Alaska: 1972
907-278-3602 | bbnc.net
#3 | NANA

Nuna tuŋnavigigikput is the land that grounds us.

Chris Arend | Nana Regional Corporation

NANA
#3 | NANA

Nuna tuŋnavigigikput is the land that grounds us.

Chris Arend | Nana Regional Corporation

#3
NANA REGIONAL CORPORATION
2021 Rank: 3 | 15% Change in Revenue
Expedition Leader: John Aġnaaqłuk Lincoln, Pres./CEO
Base Camp: Lat 66.89182454, Long -162.6072898
2021
$1,769,700,000
2020
$1,536,513,873
2019
$1,655,322,000
2018
$1,501,302,000
2017
$1,354,000,000
NANA
Noteworthy Events: John Aġnaaqłuk Lincoln was named NANA president/CEO. Previously he was VP, external affairs; VP, business development; and VP, lands. He graduated from Stanford. NANA distributed $32.8 million in CARES Act relief funds to shareholders, $27.8 million to the shareholder trust, and $3.7 million to social and cultural programs. Services: Resource development, land management, federal contracting, engineering and design, surveying and mapping, food and facilities management, camp services, security, industrial and commercial fabrication and installation, drilling services.
Employees: 15,323 Worldwide | 4,602 Statewide
Year Founded in Alaska: 1972
907-442-3301 | nana.com
#4 | Chenega

The village of Chenega had to be rebuilt after the 1964 earthquake; the Alaska Native village corporation that represents it now brings in more gross revenue than the Alaska Native corporation for the entire Prince William Sound region.

Chenega Corporation

CHENEGA
#4 | Chenega

The village of Chenega had to be rebuilt after the 1964 earthquake; the Alaska Native village corporation that represents it now brings in more gross revenue than the Alaska Native corporation for the entire Prince William Sound region.

Chenega Corporation

#4
CHENEGA CORPORATION
2021 Rank: 5 | 16% Change in Revenue
Expedition Leader: Charles W. Totemoff, Pres./CEO
Base Camp: Lat 61.1464085, Long -149.8870593
2021
$1,100,000,000
2020
$949,000,000
2019
$871,000,000
2018
$830,000,000
2017
$876,000,000
CHENEGA CORPORATION
Noteworthy Events: Chenega continues to maximize our business opportunities, support shareholders, and work on our infrastructure projects in the village. Services: Chenega provides expertise and support to defense, intelligence, and federal civilian customers. Through our portfolio of companies, Chenega can compete in 8(a), small business, and full and open markets.
Employees: 7,196 Worldwide | 109 Statewide
Year Founded in Alaska: 1974
907-277-5706 | chenega.com
#5 | Lynden

Lynden serves communities across the entire state of Alaska, from Ketchikan to Kaktovik. This painted scene in Bethel shows many of the unique equipment types used by Lynden, including barges, landing craft, trucks, Hercules aircraft, and even hovercraft.

J. Craig Thorpe | Lynden

Lynden
#5 | Lynden

Lynden serves communities across the entire state of Alaska, from Ketchikan to Kaktovik. This painted scene in Bethel shows many of the unique equipment types used by Lynden, including barges, landing craft, trucks, Hercules aircraft, and even hovercraft.

J. Craig Thorpe | Lynden

#5
LYNDEN
2021 Rank: 4 | 13% Change in Revenue
Expedition Leader: Jim Jansen, Chairman
Base Camp: Lat 61.159052, Long -149.9724401
2021
$1,080,000,000
2020
$960,000,000
2019
$1,075,000,000
2018
$1,050,000,000
2017
$950,000,000
LYNDEN
Noteworthy Events: Lynden was voted the Best Cargo/Logistics provider in the 2022 Best of Alaska Business awards. Alaska West Express received the 2021 Alaska Safe Truck Fleet of the Year Award. Bering Marine received the Transportation Safety Award from the American Red Cross. Services: The Lynden family of companies provides transportation and logistics solutions. They serve the entire state of Alaska and offer a full range of transportation options across all modes—air, land, and sea—so customers can optimize time and money when shipping to, from, or within Alaska.
Employees: 2,472 Worldwide | 944 Statewide
Year Founded in Alaska: 1982
907-245-1544 | lynden.com
#6 | Chugach Alaska

Shareholder Joe Tabios embodies Chugach’s 50th anniversary theme— honoring the past, navigating the future—by continuing to pass down the sacred art of building bidarkas/kayaks to Alaska Native youth.

Chugach Alaska Corporation

CHUGACH ALASKA CORPORATION
#6 | Chugach Alaska

Shareholder Joe Tabios embodies Chugach’s 50th anniversary theme— honoring the past, navigating the future—by continuing to pass down the sacred art of building bidarkas/kayaks to Alaska Native youth.

Chugach Alaska Corporation

#6
CHUGACH ALASKA CORPORATION
2021 Rank: 6 | -15% Change in Revenue
Expedition Leader: Sheri Buretta, Board Chair
Base Camp: Lat 61.18557, Long -149.89259
2021
$783,000,000
2020
$919,000,000
2019
$977,000,000
2018
$949,000,000
2017
$920,000,000
Chugach
Noteworthy Events: Earned record operating profit and net income (both 2020 and 2021); committed $24.2 million in CARES Act funds to support region/shareholders during COVID-19; awarded Best Place to Work, Best COVID Response, and Community Citizen in the 2022 Best of Alaska Business awards; welcomed new presidents in all three holding companies; generating carbon project revenue. Services: Chugach has a portfolio of complementary businesses across a range of industries including government, energy, and facilities services. Chugach also manages an investment portfolio and land and natural resource development projects in the region.
Employees: 4,500 Worldwide | 1,000 Statewide
Year Founded in Alaska: 1972
907-563-8866 | chugach.com
#7 | Calista

Calista Corporation Shareholders—the Napaskiak Dancers—at Cama-i Dance Festival 2022 in Bethel performing yuraq (YUU-uhk), traditional Yup’ik dance.

Russ Slaten | Calista Corporation

CALISTA
#7 | Calista

Calista Corporation Shareholders—the Napaskiak Dancers—at Cama-i Dance Festival 2022 in Bethel performing yuraq (YUU-uhk), traditional Yup’ik dance.

Russ Slaten | Calista Corporation

#7
CALISTA CORPORATION
2021 Rank: 7 | -1% Change in Revenue
Expedition Leader: Andrew Guy, Pres./CEO
Base Camp: Lat 61.1766714, Long -149.8886257
2021
$722,630,000
2020
$732,937,000
2019
$573,299,000
2018
$574,354,000
2017
$480,200,000
CALISTA CORPORATION
Noteworthy Events: Calista passed a major milestone with more than $100 million in lifetime distributions to shareholders. Calista shareholder enrollment has grown to more than 35,100. Additionally, internships and scholarships are continually offered, with $5.9 million in scholarships to date. Services: Calista Corporation is the parent company of 30+ subsidiaries in the industries of defense contracting, construction, real estate, environmental services, natural resource development, marine transportation, oilfield services, and heavy equipment.
Employees: 3,200 Worldwide | 700 Statewide
Year Founded in Alaska: 1972
907-275-2800 | calistacorp.com
#8
AFOGNAK NATIVE CORPORATION
2021 Rank: 9 | 0% Change in Revenue
Expedition Leader: Greg Hambright, Pres./CEO
Base Camp: Lat 57.7844988, Long -152.4000657
2021
$657,600,000
2020
$658,753,000
2019
$618,395,000
2018
$643,686,000
2017
$608,104,000
AFOGNAK NATIVE CORPORATION
Noteworthy Events: Afognak Native Corporation contributed more than $11 million of CARES Act relief funds to households, small businesses, community organizations, and hunting and subsistence programs to ensure food security and pandemic assistance. We look forward to growing partnerships for the benefit of all. Services: Afognak Native Corporation, Alutiiq, LLC, Afognak Commercial Group, and subsidiaries provide exceptional service in government and commercial sectors, including leasing, timber, engineering, security, logistics and warehousing, facility maintenance, retail liquor stores, and oilfield services.
Employees: 3,576 Worldwide | 330 Statewide
Year Founded in Alaska: 1977
907-486-6014 | afognak.com
#9
COOK INLET REGION, INC.
2021 Rank: 11 | 28% Change in Revenue
Expedition Leader: Sophie Minich, Pres./CEO
Base Camp: Lat 61.19920033, Long -149.8693371
2021
$611,749,000
2020
$477,990,000
2019
$493,023,000
2018
$513,881,000
2017
$439,349,000
COOK INLET REGION, INC.
Noteworthy Events: CIRI, in partnership with its tribal designated organizations and affiliated nonprofits, distributed $111.8 million of CARES Act funds to projects and programs focused on Alaska Native healthcare, child and elder needs, homelessness and housing instability, workforce re-entry, and family impacts. Services: Through earnings from a well-balanced portfolio, CIRI is committed to providing meaningful and sustainable benefits to CIRI shareholders, descendants, and the more than 60,000 Alaska Native and American Indian people in the CIRI region and beyond.
Employees: 80 Worldwide | 80 Statewide
Year Founded in Alaska: 1972
907-274-8638 | CIRI.com
#10 | UIC

Guided by our culture, UIC strives to bring Iñupiat values to the services and products we provide to our customers and to enhance the lives of our shareholders.

Jesse Darling | Ukpeaġvik Iñupiat Corporation

UKPEAĠVIK
#10 | UIC

Guided by our culture, UIC strives to bring Iñupiat values to the services and products we provide to our customers and to enhance the lives of our shareholders.

Jesse Darling | Ukpeaġvik Iñupiat Corporation

#10
Ukpeaġvik Iñupiat Corporation (UIC)
2021 Rank: 10 | 10% Change in Revenue
Expedition Leader: Dr. Pearl K. Brower, Pres./CEO
Base Camp: Lat 71.29893, Long -156.75306
2021
$582,554,430
2020
$531,383,460
2019
$480,055,281
2018
$461,190,653
2017
$470,425,629
UKPEAĠVIK IÑUPIAT CORPORATION
Noteworthy Events: UIC set another record for revenues and income from operations. The board of directors distributed its largest dividend payment of $30 per share. 2022 looks to be another stellar year with more than 20 percent revenue growth. In May, UIC was also pleased to welcome HC Contractors to its family of companies. Services: Diversified commercial, government services, and government contracting, technical/professional services, logistics/support services, heavy civil/vertical construction, oilfield support, architectural/engineering services, marine transportation, real estate management, manufacturing, and remote operations/support and services.
Employees: 4,428 Worldwide | 490 Statewide
Year Founded in Alaska: 1973
907-852-4460 | uicalaska.com
#11 | Goldbelt

Shareholder employee Angel Fujimoto with daughter Lelehua Fujimoto-Vertido, who was featured on the cover of the 2021 Goldbelt Annual Report. Lelehua is wearing the cedar hat she wove while a participant in a Goldbelt Heritage Foundations culture camp.

Rochelle Smallwood | Goldbelt Incorporated

GOLDBELT
#11 | Goldbelt

Shareholder employee Angel Fujimoto with daughter Lelehua Fujimoto-Vertido, who was featured on the cover of the 2021 Goldbelt Annual Report. Lelehua is wearing the cedar hat she wove while a participant in a Goldbelt Heritage Foundations culture camp.

Rochelle Smallwood | Goldbelt Incorporated

#11
Goldbelt, Incorporated
2021 Rank: 18 | 82% Change in Revenue
Expedition Leader: McHugh Pierre, Pres./CEO
Base Camp: Lat 58.3724289, Long -134.598331
2021
$497,000,000
2020
$272,866,942
2019
$240,646,300
2018
$228,728,336
2017
$229,389,285
Goldbelt, Incorporated
Noteworthy Events: Goldbelt Incorporated continues to accomplish record-breaking profitability through our pursuit of creative business solutions. We are committed to excellence in serving both our shareholders and customers. We value investing in Alaska through partnerships with other Alaska-based organizations. Services: Tourism, government contracting, facility management, IT consulting, transportation, security services, and construction.
Employees: 1,513 Worldwide | 264 Statewide
Year Founded in Alaska: 1974
907-790-4990 | Goldbelt.com
#12 | Alaska USA

The 49th state has been Alaska USA’s home base for nearly 75 years, with generations of Alaskans coming to the credit union for everything from their first savings account to starting a business and beyond. When we look back to our start with just 15 members at the Alaska Air Depot in Anchorage, we can’t help but feel a little nostalgic about the journey—and excited for things to come.

Alaska USA Federal Credit Union

ALASKA USA
#12 | Alaska USA

The 49th state has been Alaska USA’s home base for nearly 75 years, with generations of Alaskans coming to the credit union for everything from their first savings account to starting a business and beyond. When we look back to our start with just 15 members at the Alaska Air Depot in Anchorage, we can’t help but feel a little nostalgic about the journey—and excited for things to come.

Alaska USA Federal Credit Union

#12
Alaska USA Federal Credit Union
2021 Rank: – | – Change in Revenue
Expedition Leader: Geofferey S. Lundfelt, Pres./CEO
Base Camp: Lat 61.18511903, Long -149.890182
2021
$486,106,000
2020
2019
2018
2017
ALASKA USA FEDERAL CREDIT UNION
Noteworthy Events: After a merger with Global Credit Union, one of the largest credit unions in the Pacific Northwest, Alaska USA is the 16th largest credit union in the United States. Together we are stronger, benefiting our members, employees, and communities in five states plus three branches on US military bases in Italy. Services: Financial services for consumers and businesses: deposits (such as savings, checking, money market, certificates, HSA, etc.), loans, investments, mortgage and real estate, and personal insurance.
Employees: 2,047 Worldwide | 1,183 Statewide
Year Founded in Alaska: 1948
907-563-4567 | AlaskaUSA.org
#13 | BSNC

Alaska Industrial Hardware (AIH) President Terry Shurtleff (right) with AIH employee James Sparks, a BSNC shareholder (left). Currently, 18 percent of the AIH workforce are shareholders and descendants. AIH, a BSNC-owned subsidiary, employs approximately 187 Alaskans.

AIH | Bering Straits Native Corporation

Bering Straits Native Corporation
#13 | BSNC

Alaska Industrial Hardware (AIH) President Terry Shurtleff (right) with AIH employee James Sparks, a BSNC shareholder (left). Currently, 18 percent of the AIH workforce are shareholders and descendants. AIH, a BSNC-owned subsidiary, employs approximately 187 Alaskans.

AIH | Bering Straits Native Corporation

#13
Bering Straits Native Corporation
2021 Rank: 12 | 3% Change in Revenue
Expedition Leader: Gail R. Schubert, Pres./CEO
Base Camp: Lat 61.1464085, Long -149.8870593
2021
$468,215,000
2020
$456,170,000
2019
$378,843,000
2018
$415,000,000
2017
$357,900,000
Bering Straits Native Corporation
Noteworthy Events: In October of 2021, BSNC wholly acquired Central Environmental, Inc. and four related sister companies: Central Recycling Services, C.I. Contractors, Environmental Management, Inc., and Concrete Coring Services. Services: Government contracting, logistics, base operations support services, aircraft and airfield services, special training and security, management and consulting services, IT services, construction and renovation, communications.
Employees: 2,014 Worldwide | 625 Statewide
Year Founded in Alaska: 1972
907-563-3788 | beringstraits.com
#14 | Koniag

In July 2022, the Koniag board of directors, leadership, and subsidiary leadership traveled to Akhiok at the south end of Kodiak Island for the yearly community service project. Volunteers replaced crosses at the Russian Orthodox grave sites and cleaned up the graveyard.

Stacey Simmons | Koniag

Koniag
#14 | Koniag

In July 2022, the Koniag board of directors, leadership, and subsidiary leadership traveled to Akhiok at the south end of Kodiak Island for the yearly community service project. Volunteers replaced crosses at the Russian Orthodox grave sites and cleaned up the graveyard.

Stacey Simmons | Koniag

#14
KONIAG
2021 Rank: 13 | 13% Change in Revenue
Expedition Leader: Ron Unger, Chairman/CEO
Base Camp: Lat 57.7844988, Long -152.4000657
2021
$464,068,000
2020
$410,730,000
2019
$323,878,000
2018
$267,415,000
2017
$270,769,000
Koniag
Noteworthy Events: Koniag has continued its trend of year-over-year growth. Our government contracting sector led company growth with years of consistent contract performance and customer relationships built on trust. Services: Koniag’s principal lines of business include investments in various operating companies, commercial real estate investments, and ANCSA natural resource management.
Employees: 2,700 Worldwide | 200 Statewide
Year Founded in Alaska: 1972
907-486-2530 | koniag.com
For another company with 200 Alaska employees, explore the graph below.
#15 | Chugach Electric

Chugach Electric’s George M. Sullivan Plant 2A. Located off the Glenn Highway near Muldoon Road in Anchorage, Plant 2A is an important part of Chugach’s power generation facilities.

Chugach Electric Association

CHUGACH
#15 | Chugach Electric

Chugach Electric’s George M. Sullivan Plant 2A. Located off the Glenn Highway near Muldoon Road in Anchorage, Plant 2A is an important part of Chugach’s power generation facilities.

Chugach Electric Association

#15
CHUGACH ELECTRIC ASSOCIATION
2021 Rank: 21 | 49% Change in Revenue
Expedition Leader: Arthur Miller, CEO
Base Camp: Lat 61.1663423, Long -149.903095
2021
$354,500,000
2020
$237,429,000
2019
$212,517,000
2018
$202,253,000
2017
$224,689,000
CHUGACH ELECTRIC ASSOCIATION
Noteworthy Events: 2021 was the first full year as a combined utility after closing on the acquisition of Municipal Light & Power on October 30, 2020. Services: Through superior service, safely provide reliable and competitively priced energy.
Employees: 460 Worldwide | 460 Statewide
Year Founded in Alaska: 1948
907-563-7494 | chugachelectric.com
#16 | Ahtna

Shareholder staff provided vital field support this summer for our Ahtna lands carbon credits program. The program requires a 100-year commitment with annual monitoring and re-verification every six years. As we celebrate our 50th anniversary we reflect on the wisdom and guidance of our elders and early leaders. Respect and care for the land and it will provide.

Ahtna, Incorporated

AHTNA
#14 | Koniag

In July 2022, the Koniag board of directors, leadership, and subsidiary leadership traveled to Akhiok at the south end of Kodiak Island for the yearly community service project. Volunteers replaced crosses at the Russian Orthodox grave sites and cleaned up the graveyard.

Stacey Simmons | Koniag

#16
Ahtna, Inc.
2021 Rank: 14 | -4% Change in Revenue
Expedition Leader: Michelle Anderson, Pres.
Base Camp: Lat 62.1371485, Long -145.8220535
2021
$324,071,788
2020
$336,752,052
2019
$261,104,398
2018
$284,400,000
2017
$238,000,000
AHTNA
Noteworthy Events: Ahtna has launched the HOPE (Helping Our People Excel) shareholder program with a primary goal of getting more shareholders employed and gaining work experience. Supporting education and professional development opportunities is an important aspect of the program. Services: Construction, engineering, environmental, facilities management, surveying, security, military training, janitorial, healthcare and medical records management, government contracting, land management, resource development, and oil and gas pipeline services.
Employees: 1,114 Worldwide | 321 Statewide
Year Founded in Alaska: 1972
907-822-3476 | ahtna.com
#17 | Three Bears

The newest Three Bears opened August 5 in Sterling. That’s eighteen stores and counting for this homegrown Alaska company.

Jim Kolb | Three Bears Alaska, Inc.

THREE BEARS
#17 | Three Bears

The newest Three Bears opened August 5 in Sterling. That’s eighteen stores and counting for this homegrown Alaska company.

Jim Kolb | Three Bears Alaska, Inc.

#17
Three Bears Alaska
2021 Rank: 16 | 16% Change in Revenue
Expedition Leader: David A. Weisz, Pres./CEO
Base Camp: Lat 61.58108561, Long -149.5984192
2021
$323,438,062
2020
$278,712,835
2019
$237,342,665
2018
$212,185,435
2017
$187,029,540
THREE BEARS ALASKA
Noteworthy Events: Now operating eighteen stores in Alaska. Services: Retail grocery, general merchandise, sporting goods, pharmacy, Ace hardware, fuel, and beer, wine, and spirits.
Employees: 904 Worldwide | 840 Statewide
Year Founded in Alaska: 1980
907-357-4311 | threebearsalaska.com
#18 | Tyonek

Tyonek Native Corporation companies provide maintenance, repair, and overhaul services at company-owned and government-owned facilities across the country.

Tyonek Native Corporation

TYONEK
#18 | Tyonek

Tyonek Native Corporation companies provide maintenance, repair, and overhaul services at company-owned and government-owned facilities across the country.

Tyonek Native Corporation

#18
TYONEK NATIVE CORPORATION
2021 Rank: 19 | 14% Change in Revenue
Expedition Leader: Stephen Peskosky, CEO
Base Camp: Lat 61.2209598, Long -149.8873336
2021
$289,709,829
2020
$254,200,000
2019
$218,200,000
2018
$144,600,000
2017
$78,000,000
TYONEK NATIVE CORPORATION
Noteworthy Events: Tyonek Native Corporation has achieved significant growth over the past five years. Through the dedication of our valued employees, 60 percent of whom are US military veterans, we have supported the critical missions of our customers and provided increasing value to our shareholders. Services: TNC specializes in cyber security training, land management of more than 200,000 acres in the Cook Inlet region, construction services, oil and gas services support, sea-land transportation support, aerospace and defense manufacturing, and aircraft maintenance, modification, and overhaul.
Employees: 1,480 Worldwide | 30 Statewide
Year Founded in Alaska: 1973
907-272-0707 | tyonek.com
#19 | Doyon

A sculpture by Gary Lee Price of Walter Harper, a Koyukon Athabascan man whose subsistence skills, courage, and charisma contributed to the success of the 1913 pioneer ascent of Denali. In 2022, Doyon celebrated its 50th anniversary and continues to celebrate the success of our people and draw upon the legacy of their lessons.

Cheyenna Kuplack | Doyon, Limited

DOYON
#19 | Doyon

A sculpture by Gary Lee Price of Walter Harper, a Koyukon Athabascan man whose subsistence skills, courage, and charisma contributed to the success of the 1913 pioneer ascent of Denali. In 2022, Doyon celebrated its 50th anniversary and continues to celebrate the success of our people and draw upon the legacy of their lessons.

Cheyenna Kuplack | Doyon, Limited

#19
DOYON, LIMITED
2021 Rank: 15 | -11% Change in Revenue
Expedition Leader: Aaron Schutt, Pres./CEO
Base Camp: Lat 64.8453889, Long -147.7206773
2021
$283,000,000
2020
$319,100,000
2019
$322,195,000
2018
$310,643,000
2017
$290,548,000
DOYON, LIMITED
Noteworthy Events: Na-Dena`, a Doyon and Huna Totem Corporation joint venture, is working alongside Klawock Heenya Corporation to build a passenger port in Klawock. Oceania Cruises will be the first cruise line scheduled to visit on May 24, 2023, with three additional calls in the 2023 season. Services: Doyon, Limited operates a diverse family of companies in the areas of oilfield services, utilities, construction, information technology, natural resource development, tourism, laundry, real estate, and wireless telecommunications.
Employees: 896 Worldwide | 562 Statewide
Year Founded in Alaska: 1972
907-459-2000 | doyon.com
#20
Olgoonik Corporation
2021 Rank: 20 | 7% Change in Revenue
Expedition Leader: Hugh Patkotak Sr., Pres./CEO
Base Camp: Lat 61.1464085, Long -149.8870593
2021
$259,700,000
2020
$241,700,000
2019
$241,700,000
2018
$228,500,000
2017
$260,200,000
OLGOONIK CORPORATION
Noteworthy Events: Throughout the pandemic, Olgoonik maintained our commitment to preserving our workforce. Our employees showed resilience and innovation that helped us pursue our goals and bring in important new contracts that will keep us busy for years to come. Services: Specializing in construction, logistics and operations, security, environmental and engineering, well site plugging and remediation, and commercial electrical projects.
Employees: 1,260 Worldwide | 125 Statewide
Year Founded in Alaska: 1973
907-562-8728 | olgoonik.com
#21 | Aleut Corporation

At the Aleut Corporation, our shareholders and descendants make us who we truly are. As we navigate a changing current, we are grateful for our committed employees who create and contribute to opportunities for our Unangaxˆ people. We honor our heritage as we transition to the future.

YUIT | The Aleut Corporation

ALEUT CORPORATION
#14 | Koniag

In July 2022, the Koniag board of directors, leadership, and subsidiary leadership traveled to Akhiok at the south end of Kodiak Island for the yearly community service project. Volunteers replaced crosses at the Russian Orthodox grave sites and cleaned up the graveyard.

Stacey Simmons | Koniag

#21
The Aleut Corporation
2021 Rank: 17 | -16% Change in Revenue
Expedition Leader: Skoey Vergen, Pres./CEO
Base Camp: Lat 61.0890329, Long -149.8372703
2021
$231,893,388
2020
$277,043,248
2019
$258,131,652
2018
$252,293,053
2017
$211,837,206
THE ALEUT CORPORATION
Noteworthy Events: The Aleut Corporation finalized transfer of ownership of thirteen of its 8(a) subsidiaries under Aleut Federal Holding Company in four business lines which include environmental services, construction services, infrastructure, and technology services. Services: Government contracting, O&M, training and education, logistics, construction, technology, environmental, remediation, real estate, fuel and port services, and engineering, prototype, and manufacturing
Employees: 855 Worldwide | 95 Statewide
Year Founded in Alaska: 1972
907-561-4300 | aleutcorp.com
#22 | TDX

St. Paul is the home of our Unangan ancestors and shareholders.

Scott McMurren | TDX Corporation

TDX
#22 | TDX

St. Paul is the home of our Unangan ancestors and shareholders.

Scott McMurren | TDX Corporation

#22
TDX (TANADGUSIX) CORPORATION
2021 Rank: 25 | 13% Change in Revenue
Expedition Leader: Christopher Mandregan Jr., CEO
Base Camp: Lat 61.1464085, Long -149.8870593
2021
$200,000,000
2020
$177,000,000
2019
$195,000,000
2018
$138,000,000
2017
$111,700,000
TDX
Noteworthy Events: TDX Corporation is owned by and represents the business interests of more than 600 Aleut shareholders of St. Paul Island. Services: TDX business groups are diversified, serving the technology, government contracting, hospitality, and seafood industries.
Employees: 600 Worldwide | 218 Statewide
Year Founded in Alaska: 1973
907-278-2312 | tdxcorp.com
To see a comparison of the last five years of revenue for the top ten Top 49ers, explore the graph below.
#23 | Choggiung

Choggiung Ltd.

Koniag
#23 | Choggiung

Choggiung Ltd.

#23
CHOGGIUNG LTD.
2021 Rank: 24 | 0% Change in Revenue
Expedition Leader: Cameron Poindexter, Pres./CEO
Base Camp: Lat 59.04017243, Long -158.4614012
2021
$182,286,396
2020
$183,200,000
2019
$150,189,000
2018
$95,700,000
2017
$8,400,000
CHOGGIUNG
Noteworthy Events: Choggiung Limited has created a new subsidiary company brand, Wood River Federal, to support the federal government with an array of solutions built from our background and experience. Check out our website at woodriverfederal.com to learn more. Services: Construction, federal contracting services, hotel and diner, apartments, and commercial real estate.
Employees: 475 Worldwide | 110 Statewide
Year Founded in Alaska: 1972
907-842-5218 | choggiung.com
#24 | FNBA

Chay Apas (left) and Tess Mayo of First National Bank Alaska’s Northern Lights and South Center branches, respectively, light up the night at the bank’s Employee Centennial Celebration on January 29, 2022, at Cuddy Family Midtown Park.

First National Bank Alaska

First National Bank Alaska
#24 | FNBA

Chay Apas (left) and Tess Mayo of First National Bank Alaska’s Northern Lights and South Center branches, respectively, light up the night at the bank’s Employee Centennial Celebration on January 29, 2022, at Cuddy Family Midtown Park.

First National Bank Alaska

#24
First National Bank Alaska
2021 Rank: 26 | -2% Change in Revenue
Expedition Leader: Betsy Lawer, Board Chair/CEO/Pres.
Base Camp: Lat 61.18850045, Long -149.883848
2021
$171,091,000
2020
$174,672,000
2019
$175,467,000
2018
$164,818,000
2017
$152,325,000
FIRST NATIONAL BANK ALASKA
Noteworthy Events: First National celebrated its centennial in 2022, uncommon for Alaska businesses. Alaska Business readers voted the bank Best Place to Work for the seventh year running in the 2022 Best of Alaska Business awards. A new Loan Production Office in Ketchikan expanded the bank’s reach to nineteen communities. Services: Friendly, knowledgeable Alaskans offer convenience, service, and value with a full range of deposit, lending, and wealth management services, and online and mobile banking. With twenty-eight locations in nineteen communities and assets of more than $5.3 billion, we believe in Alaska and have since 1922.
Employees: 590 Worldwide | 590 Statewide
Year Founded in Alaska: 1922
907-777-4362 | FNBAlaska.com
#25
Matanuska Electric Association
2021 Rank: 27 | 1% Change in Revenue
Expedition Leader: Tony Izzo, CEO
Base Camp: Lat 61.5922, Long -149.1174186
2021
$157,629,815
2020
$155,401,551
2019
$148,343,834
2018
$148,639,243
2017
$148,701,932
MATANUSKA
Noteworthy Events: MEA currently produces 16 percent of its power from renewable energy sources and over the last decade has reduced its carbon emissions by 27 percent. Services: Alaska’s oldest and second largest electric cooperative, MEA serves more than 54,600 members in communities across the entire Mat-Su Borough, Eagle River, and Chugiak with power. In 2021, MEA celebrated eighty years as a member-owned and led electric co-op.
Employees: 218 Worldwide | 218 Statewide
Year Founded in Alaska: 1941
907-761-9300 | mea.coop
For more information about carbon solutions, choose page 125.
#26 | Cape Fox

2022 has been about celebration. At Cape Fox Corporation, staff and shareholders were delighted to celebrate together again at our Annual Shareholder picnic on June 4, 2022 at Black Sand Beach in Ketchikan.

Jacob Mosholder | Cape Fox Corporation

CAPE FOX
#26 | Cape Fox

2022 has been about celebration. At Cape Fox Corporation, staff and shareholders were delighted to celebrate together again at our Annual Shareholder picnic on June 4, 2022 at Black Sand Beach in Ketchikan.

Jacob Mosholder | Cape Fox Corporation

#26
Cape Fox Corporation
2021 Rank: 28 | 19% Change in Revenue
Expedition Leader: Chris Luchtefeld, CEO
Base Camp: Lat 55.31715185, Long -131.592623
2021
$147,183,908
2020
$123,724,000
2019
$76,800,000
2018
$68,500,055
2017
$60,632,693
CAPE FOX
Noteworthy Events: CFC has enjoyed several years of growth, and we are translating that growth into more opportunities for our shareholders. Our growth is expanding into new areas of investment, with a new tourism transportation company, a pizzeria, new local properties, and a renovated tram at Cape Fox Lodge. Services: Cape Fox Corporation has two lines of business, one for tourism in Alaska with restaurants, a lodge, and retail, and one with government contracting with multiple subsidiaries that offer capabilities in IT and cybersecurity, healthcare, professional services, and construction.
Employees: 1,132 Worldwide | 302 Statewide
Year Founded in Alaska: 1973
907-225-5163 | capefoxcorp.com
SITNASUAK
#27 | Sitnasuak

Throughout the years, Sitnasuak Native Corporation has taken our people’s connection to spirituality and pride in culture as a reminder of how we have gotten to where and who we are today. Just as our corporation works to reflect, this photo represents hard work, cooperation within the team and community, obedience to leadership, patience within and outside the group (organization), open communication, and commitment to carry out what is truly needed within our team and community, all while respecting, using, and protecting the Land that has served our culture for thousands of years.

Rebecca Sherman-Luce | Sitnasuak Native Corporation

#27 | Sitnasuak

Throughout the years, Sitnasuak Native Corporation has taken our people’s connection to spirituality and pride in culture as a reminder of how we have gotten to where and who we are today. Just as our corporation works to reflect, this photo represents hard work, cooperation within the team and community, obedience to leadership, patience within and outside the group (organization), open communication, and commitment to carry out what is truly needed within our team and community, all while respecting, using, and protecting the Land that has served our culture for thousands of years.

Rebecca Sherman-Luce | Sitnasuak Native Corporation

#27
Sitnasuak Native Corporation
2021 Rank: 22 | -22% Change in Revenue
Expedition Leader: Charles Fagerstrom, CEO
Base Camp: Lat 64.49816412, Long -165.4083016
2021
$145,579,765
2020
$185,519,277
2019
$172,944,639
2018
$133,494,517
2017
$134,138,330
Sitnasuak Native Corporation
Noteworthy Events:Services:
Employees: 1,243 Worldwide | 114 Statewide
Year Founded in Alaska: 1973
907-387-1200 | snc.org
To explore Top 49ers by industry, view the graph below.
#28 | Northrim

Northrim Bank powers the businesses that power Alaska.

Zak Melms | Northrim Bank

NORTHRIM
#28 | Northrim

Northrim Bank powers the businesses that power Alaska.

Zak Melms | Northrim Bank

#28
NORTHRIM BANK
2021 Rank: – | – Change in Revenue
Expedition Leader: Joseph Schierhorn, Chairman/CEO
Base Camp: Lat 61.19209599, Long -149.8858452
2021
$136,869,000
2020
2019
2018
2017
NORTHRIM BANK
Noteworthy Events: #1 PPP loan originator in the state. Opened a new Loan Production office in Nome in April 2021. Services: Banking services such as deposits and loans available through our network of seventeen branches Statewide and through robust online and mobile banking platforms. Now offering new commercial purchase card and integrated payable products.
Employees: 481 Worldwide | 440 Statewide
Year Founded in Alaska: 1990
907-562-0062 | Northrim.com
#29
Davis Constructors & Engineers
2021 Rank: 34 | 42% Change in Revenue
Expedition Leader: Luke Blomfield, Pres./CEO
Base Camp: Lat 61.163646, Long -149.881523
2021
$133,579,001
2020
$94,270,117
2019
$101,243,501
2018
$128,512,733
2017
$120,084,328
DAVIS CONSTRUCTORS
Noteworthy Events: In 2007 Davis established an endowment with the Alaska Community Foundation fund to support our community. To date, $449,942 has been donated to Alaska causes through the Davis Constructors & Employees Fund. The Davis committee comprises current and past Davis “10 year” employees. Services: Davis Constructors & Engineers offers complete project management services to assist with design and construction of all types of building projects. We have completed more than $2.6 billion in Alaska projects, representing more than 7.8 million square feet of construction.
Employees: 237 Worldwide | 237 Statewide
Year Founded in Alaska: 1976
907-562-2336 | davisconstructors.com
#30 | TKC

The Kuskokwim Corporation honors our success by doing work that reflects our values, our way of life, and our commitment to a sustainable future.

The Kuskokwim Corporation

THE KUSKOKWIM CORPORATION
#30 | TKC

The Kuskokwim Corporation honors our success by doing work that reflects our values, our way of life, and our commitment to a sustainable future.

The Kuskokwim Corporation

#30
THE KUSKOKWIM CORPORATION
2021 Rank: 40 | 68% Change in Revenue
Expedition Leader: Andrea Gusty, Pres./CEO
Base Camp: Lat 61.1843051, Long -149.88442
2021
$122,795,621
2020
$73,160,209
2019
$78,672,271
2018
$74,267,227
2017
$104,276,146
THE KUSKOKWIM CORPORATION
Noteworthy Events: The Kuskokwim Corporation (TKC) has been focused on improving the lives of our shareholders beyond just dividends. Profits from subsidiaries in the Lower 48 are being brought home to find energy, cost of living, and housing solutions for rural Alaska and the residents of TKC’s Middle Kuskokwim region. Services: Construction, government services, environmental services, lighting, aerospace, aircraft maintenance and repair, real estate, and rural retail.
Employees: 379 Worldwide | 34 Statewide
Year Founded in Alaska: 1977
907-243-2944 | kuskokwim.com
#31
Construction Machinery Industrial
2021 Rank: 29 | -2% Change in Revenue
Expedition Leader: Ken Gerondale, Pres./CEO
Base Camp: Lat 61.1807098, Long -149.8618981
2021
$115,000,000
2020
$117,000,000
2019
$102,000,000
2018
$105,000,000
2017
$98,500,000
CONSTRUCTION MACHINERY INDUSTRIAL
Noteworthy Events: Despite dealing with lead times and logistical issues that all of us are facing, CMI is still committed to providing best customer support. Services: Distributor of construction, mining, and logging equipment in Alaska. Representative for Volvo, Hitachi, Atlas Copco, Doosan, Metso, Link-Belt, and many other manufacturers.
Employees: 105 Worldwide | 105 Statewide
Year Founded in Alaska: 1985
907-563-3822 | cmiak.com
#32
USIBELLI COAL MINE
2021 Rank: 35 | 0% Change in Revenue
Expedition Leader: Joseph E. Usibelli Jr., Pres./CEO
Base Camp: Lat 64.8429654, Long -147.7215335
2021
$94,300,000
2020
$94,000,000
2019
$89,000,000
2018
$81,000,000
2017
$79,000,000
USIBELLI COAL MINE
Noteworthy Events: In September 2021, UCM achieved a historic reclamation milestone when the State of Alaska approved Phase III bond release for 367 acres of mined lands within the Poker Flats mining area. The Poker Flats mining area is only the second area in Alaska to be approved for Phase III bond release. Services: Currently the only operational coal mine in Alaska, UCM is supported by the most modern mining equipment and state-of-the-art engineering. Today, UCM supplies affordable, reliable, and ultra-low sulfur coal to the five power plants located in Interior Alaska.
Employees: 182 Worldwide | 155 Statewide
Year Founded in Alaska: 1943
907-452-2625 | usibelli.com
#33
Anchorage Chrysler Dodge Center
2021 Rank: 37 | 7% Change in Revenue
Expedition Leader: Corey Meyers, Pres.
Base Camp: Lat 61.2175529, Long -149.8648891
2021
$90,038,000
2020
$84,416,000
2019
$82,472,439
2018
$77,738,867
2017
$90,546,881
ANCHORAGE CHRYSLER
Noteworthy Events:Services: Chrysler, Jeep, and Dodge new and used vehicle sales and service. Your hometown dealer for forty-seven years.
Employees: 100 Worldwide | 100 Statewide
Year Founded in Alaska: 1963
907-276-1331 | anchoragechryslercenter.com
Use the graphic below to explore Top 49ers by business classification.
#34 | Cruz Construction

Cruz Construction is nearing completion of the two-year, $23 million Newtok Airport Relocation Project in Mertarvik. The project required the opening of a mine site in Mertarvik and the placing of 1.3 million tons of gravel.

Cruz Construction

CRUZ CONSTRUCTION
#34 | Cruz Construction

Cruz Construction is nearing completion of the two-year, $23 million Newtok Airport Relocation Project in Mertarvik. The project required the opening of a mine site in Mertarvik and the placing of 1.3 million tons of gravel.

Cruz Construction

#34
CRUZ CONSTRUCTION
2021 Rank: 31 | -9% Change in Revenue
Expedition Leader: Dave Cruz, Pres.
Base Camp: Lat 61.5762948, Long -149.4107091
2021
$89,558,663
2020
$98,823,282
2019
$80,884,836
2018
$137,401,439
2017
$120,000,000
CRUZ CONSTRUCTION
Noteworthy Events: Cruz Construction enjoyed a diverse year throughout Alaska. We moved more than 5.5 million tons of material, mobilized a 3.2 million pound drill rig down the Dalton Highway, constructed hundreds of miles of ice road and snow trail, and barged late into the operating season. Services: Oil and gas operations, ice roads, snow trails, tundra transport, heavy haul, heavy-civil, equipment, marine transportation, camps, logistics, oilfield exploration, engineering, and consulting.
Employees: 200 Worldwide | 200 Statewide
Year Founded in Alaska: 1981
907-746-3144 | cruzconstruct.com
#35
COLVILLE
2021 Rank: 33 | -18% Change in Revenue
Expedition Leader: Dave Pfeifer, Pres./CEO
Base Camp: Lat 70.142509, Long -149.085327
2021
$79,442,093
2020
$96,944,395
2019
$117,558,062
2018
$88,647,382
2017
$87,479,056
COLVILLE
Noteworthy Events: Colville Aviation Services acquired the North Slope assets of Northern Oilfield Solutions on July 1, 2022, enabling us to expand our fuel storage and distribution capabilities. Services: Oil and gas industry support services and supplies, solid waste utility, aviation support services, logistics, and camp operations.
Employees: 145 Worldwide | 145 Statewide
Year Founded in Alaska: 1981
907-659-3198 | colvilleinc.com
#36
KIKIKTAGRUK INUPIAT CORP.
2021 Rank: 38 | -4% Change in Revenue
Expedition Leader: Thomas Kennedy, CEO
Base Camp: Lat 61.1772407, Long -149.8865352
2021
$79,307,587
2020
$82,858,722
2019
$68,161,437
2018
2017
KIKIKTAGRUK
Noteworthy Events: Continued growth in the scientific services arena with the US Food & Drug Adminitration and the National Institutes of Health. Started SABER IDIQ contract with Joint Base Langley-Eustis in Virginia. Services: Construction, commercial and residential rental properties, and retail sales of hardware, lumber, and auto parts. Government JBOS contracts, construction contracts, and professional service contracts.
Employees: 236 Worldwide | 35 Statewide
Year Founded in Alaska: 1973
907-277-7884 | kikiktagruk.com
#37
HC CONTRACTORS
2021 Rank: 42 | 9% Change in Revenue
Expedition Leader: Bill Hoople, Pres.
Base Camp: Lat 64.81150931, Long -147.5620421
2021
$77,150,650
2020
$70,855,438
2019
2018
2017
HC Contractors
Noteworthy Events: Completed 18 miles of waterline from North Pole to Moose Creek at Eielson AFB, FIA Runway, Wendell Avenue Bridge, Little Goldstream Bridge, Chokosana Bridge, and Richardson Hwy 82-97 resurfacing. Services: Heavy civil construction, asphalt paving, bridge construction, and aggregate production.
Employees: 134 Worldwide | 134 Statewide
Year Founded in Alaska: 1993
907-488-5983 | hccontractors.net
#38
Everts Air Cargo & Everts Air Alaska
2021 Rank: 41 | 5% Change in Revenue
Expedition Leader: Robert Everts, CEO/Owner
Base Camp: Lat 64.81137213, Long -147.8802518
2021
$75,000,000
2020
$71,700,000
2019
$59,190,000
2018
$67,700,000
2017
$63,800,000
EVERTS AIR CARGO
Noteworthy Events: 2021 was a year of updating strategy and finalizing projects that were impacted by COVID and the associated business environment. It was a year to appreciate and support the hard work and dedication of an amazing group of employees while at the same time pursuing ambitious goals. Services: Everts Air Cargo provides scheduled and charter air freight services in Alaska and on-demand charter services throughout North, Central, and South America, including the Caribbean. Everts Air Alaska, based in Fairbanks, provides passenger, freight, and charter service using PC12s and Caravans.
Employees: 364 Worldwide | 342 Statewide
Year Founded in Alaska: 1978
907-450-2300 | EvertsAir.com
#39
GANA-A’ YOO, LIMITED
2021 Rank: 39 | -10% Change in Revenue
Expedition Leader: Dena Sommer-Pedebone, CEO
Base Camp: Lat 61.1933963, Long -149.8754876
2021
$74,041,908
2020
$81,976,088
2019
$61,914,317
2018
$30,669,022
2017
GANA-A’ YOO, LIMITED
Noteworthy Events: While Gana-A’Yoo and our family of companies certainly felt the economic impacts of COVID on all our business lines, this year was still our third most profitable year in history. Services: Gana-A’Yoo and our family of companies continue to grow to meet our clients and shareholders needs. We provide services in the areas of construction, IT, logistics, demolition, janitorial, camp services, manufacturing, professional services, O&M, and waste remediation.
Employees: 473 Worldwide | 37 Statewide
Year Founded in Alaska: 1978
907-569-9599 | ganaayoo.com
#40
VITUS ENERGY
2021 Rank: 49 | 21% Change in Revenue
Expedition Leader: Mark Smith, CEO
Base Camp: Lat 61.163646, Long -149.881523
2021
$71,500,000
2020
$58,900,000
2019
$55,000,000
2018
$64,000,000
2017
$54,500,000
VITUS ENERGY
Noteworthy Events: Opened four locations: Fairbanks, Healy, and two in Anchorage. Services: Fuel and freight sales in Alaska.
Employees: 189 Worldwide | 189 Statewide
Year Founded in Alaska: 2009
907-793-9700 | vitus-energy.com
#41
Gene’s Chrysler Dodge Jeep Ram
2021 Rank: 48 | 21% Change in Revenue
Expedition Leader: Lane Nichols, Pres
Base Camp: Lat 64.8361288, Long -147.7179754
2021
$71,376,792
2020
$59,137,643
2019
2018
2017
Noteworthy Events: TIME magazine Dealer of the Year nominee. Services: Retail sales of Chrysler, Dodge, and Jeep automobiles, trucks, parts, and services.
Employees: 90 Worldwide | 90 Statewide
Year Founded in Alaska: 1945
907-458-3200 | geneschrysler.com
#42
CREDIT UNION 1
2021 Rank: 43 | 8% Change in Revenuee
Expedition Leader: Mark Burgess, Pres./CEO
Base Camp: Lat 61.1375185, Long -149.8002147
2021
$70,736,844
2020
$65,289,354
2019
$69,394,584
2018
$66,501,606
2017
$65,811,947
CREDIT UNION 1
Noteworthy Events: We’re always looking for better ways to serve our large and diverse state while keeping in tune with our members’ needs, adapting and innovating. In 2021 we opened a “first of its kind” financial center in South Anchorage that introduces Alaskans to interactive teller machines and one-tap service. Services: Credit Union 1 is a full-service financial institution known for its affordable, personalized loans, community outreach, and cutting-edge money management tools. We value accessible, “people first” lending as one of our most vital community services.
Employees: 390 Worldwide | 349 Statewide
Year Founded in Alaska: 1952
907-339-9485 | cu1.org
#43
ROGER HICKEL CONTRACTING
2021 Rank: – | 25% Change in Revenue
Expedition Leader: Sean Hickel, Pres.
Base Camp: Lat 61.1209719, Long -149.8839557
2021
$69,204,276
2020
$55,312,489
2019
$37,248,153
2018
$56,254,997
2017
$69,514,855
ROGER HICKEL CONTRACTING
Noteworthy Events: This year Roger Hickel Contracting celebrated its 27th year in business and will remain 100 percent Alaskan owned. We are excited to be a part of the construction industry in Alaska. Services: General contractor of civil, industrial, and commercial projects throughout the state of Alaska.
Employees: 80 Worldwide | 80 Statewide
Year Founded in Alaska: 1995
907-279-1400 | rogerhickelcontracting.com
To meet another Sean, an expert on safety, choose this article.
#44
UNIT COMPANY
2021 Rank: 47 | 8% Change in Revenue
Expedition Leader: Michael Fall, Pres.
Base Camp: Lat 61.2251936, Long -149.8696727
2021
$64,804,997
2020
$59,807,019
2019
2018
2017
UNIT COMPANY
Noteworthy Events: UNIT and our partner ASRC Builders are concluding more than $250 million worth of work on the Clear Long Range Discrimination Radar project, one of our nation’s newest weapons. UNIT is proud to be part of this critical portion of our nation’s defense. Services: UNIT is a commercial general contractor specializing in a wide variety of project delivery methods such as design-build, CM/GC, and design assist projects. We work both on and off the road system throughout Alaska and are very familiar with the various logistical challenges that exist.
Employees: 32 Worldwide | 32 Statewide
Year Founded in Alaska: 1977
907-349-6666 | unitcompany.com
#45
SEEKINS FORD LINCOLN
2021 Rank: 44 | 2% Change in Revenue
Expedition Leader: Ralph Seekins, Pres.
Base Camp: Lat 64.8569621, Long -147.6797362
2021
$64,496,631
2020
$63,227,426
2019
$57,967,731
2018
$56,288,865
2017
$58,946,067
SEEKINS FORD LINCOLN
Noteworthy Events: Awarded Power Stroke Diesel Volume & Growth Top 50 in recognition of achieving national Top 50 dealership status in Power Stroke Diesel parts volume and growth. Services: New and used auto sales, parts, service, and body shop.
Employees: 93 Worldwide | 93 Statewide
Year Founded in Alaska: 1977
907-459-4000 | seekins.com
To see the income of other Top 49ers by longitude and latitude, view the graphic below.
#46
AIRPORT EQUIPMENT RENTALS
2021 Rank: 45 | 2% Change in Revenue
Expedition Leader: Jerry Sadler, Owner/Pres.
Base Camp: Lat 64.8129849, Long -147.7784435
2021
$63,260,000
2020
$62,188,000
2019
$59,531,000
2018
$55,900,000
2017
$55,100,000
AIRPORT EQUIPMENT RENTALS
Noteworthy Events: AER is expanding into leasing yachts. Services: Heavy equipment rental/sales company providing sales, services, and rentals for the construction, mining, logging, and oil and gas industries. AER also provides products for individuals and residential markets.
Employees: 96 Worldwide | 96 Statewide
Year Founded in Alaska: 1986
907-456-2000 | airportequipmentrentals.com
#47
CRAIG TAYLOR EQUIPMENT
2021 Rank: – | – Change in Revenue
Expedition Leader: Chris Devine, Pres./CEO
Base Camp: Lat 61.2242092, Long -149.8855693
2021
$56,109,877
2020
2019
2018
2017
CRAIG TAYLOR EQUIPMENT
Noteworthy Events: In January of 2021, CTE acquired Peterbilt of Alaska from the previously out-of-state ownership. That business is now 100 percent locally owned and operated, allowing it to focus on providing solutions to the unique challenges that Alaska presents. Services: Craig Taylor Equipment is a full service dealership for John Deere, Peterbilt, Bobcat, Doosan, Dynapac, and many other manufacturers. Providing equipment sales, parts, service, and rental for the industries that are building Alaska’s future.
Employees: 105 Worldwide | 105 Statewide
Year Founded in Alaska: 1954
907-276-5050 | craigtaylorequipment.com
#48
Udelhoven Oilfield System Services
2021 Rank: – | -8% Change in Revenue
Expedition Leader: Jim Udelhoven, CEO
Base Camp: Lat 61.1725787, Long -149.883021
2021
$52,581,004
2020
$56,994,250
2019
$77,233,520
2018
$60,694,110
2017
$65,016,912
UDELHOVEN OILFIELD
Noteworthy Events:Services: Mechanical and electrical inspection, functional check-out, quality assurance/quality control, plumbing, welding, modular fabrication, and industrial and commercial construction.
Employees: 235 Worldwide | 172 Statewide
Year Founded in Alaska: 1970
907-344-1577 | udelhoven.com
#49
Cornerstone General Contractors
2021 Rank: – | 34% Change in Revenue
Expedition Leader: Joe Jolley, Pres.
Base Camp: Lat 61.1843051, Long -149.88442
2021
$52,000,000
2020
$38,735,241
2019
$45,300,000
2018
$25,000,000
2017
$40,439,104
CORNERSTONE GENERAL
Noteworthy Events: Won the 2021 Associated General Contractors Meeting the Challenge of A Job Over $20 Million award for Gruening Middle School earthquake repair. Services: General contracting utilizing collaborative project delivery methods for new commercial construction and the precision renovation of existing facilities for Alaska’s leading academic, civic, industrial, medical, nonprofit, oil and gas, and private development organizations.
Employees: 68 Worldwide | 68 Statewide
Year Founded in Alaska: 1993
907-561-1993 | cornerstoneak.com
Top 49ers Family
The Top 49ers are generally consistent from year to year, but occasionally long-time members of the Top 49ers family do not appear in the ranks. Below we have compiled 2021 data for a few familiar companies that you may have missed seeing in the ranks this year.
Watterson Construction Co.
Jim Watterson, Pres.
Year Established: 1981
Worldwide/Alaska Employees: 90/90

5-Year Revenue
2021: $51 million | 2020: $84.6 million | 2019: $115.3 million | 2018: 85.5 million | 2017: $41 million

Business Services
Watterson Construction Co. is a general contractor specializing in alternate delivery of commercial, medical, aviation, civic, education, warehouse, government, and military sectors. Services include design/build, CM/GC, CM@Risk, and design/bid/build.

Recent Noteworthy Events
Watterson Construction Co. is honored to have been voted the 2022 DENALI winner in General Contractor category of Alaska Business’ Best of Alaska Business Awards.
Anchorage | 907-563-7441 | wccak.com

Sealaska
Anthony Mallott, Pres./CEO
Year Established: 1972
Worldwide/Alaska Employees: 2,000/100

5-Year Revenue
2021: $439.7 million| 2020: $228.2 million | 2019: $212.1 million | 2018: $163 million | 2017: $119.9 million

Business Services
Sealaska’s businesses are divided into three focus areas: natural resources and land management, environmental services, and sustainable foods.

Recent Noteworthy Events
Since our founding 50 years ago, Sealaska’s purpose has been to generate profits to provide benefits and resources to our shareholders and descendants. We are proud to have created funds and endowments that have supported the dreams and aspirations of thousands of shareholders over the years, and that will continue in the years ahead. In 2021, two important intergenerational benefit mechanisms were created: the Sealaska Settlement Trust and the Seacoast Trust. This past year, the company also acquired equity in two leading Icelandic seafood companies as part of its work to foster ocean health by growing demand for delicious, sustainable sourced seafood. Sealaska’s investment in Iceland’s IceMar and AG Seafood builds on its acquisition of New England Seafood (NESI) to further strengthen its focus on consumer-centric, premium, chilled fish and seafood.
Juneau | 907-586-1512 | sealaska.com

MTA
Michael Burke, CEO
Year Established: 1953
Worldwide/Alaska Employees: 287/285

5-Year Revenue
2021: $138 million | 2020: $97.2 million | 2019: $110 million | 2018: $108.4 million | 2017: $116.6 million

Business Services
MTA provides residential and business technology solutions, such as internet and cybersecurity products. MTA provides Alaska with limitless bandwidth capacity through its AlCan ONE fiber line and partners with enterprise, government, and wholesale partners on scalable networking solutions.

Recent Noteworthy Events
Since completing AlCan ONE in 2020, MTA has been awarded a USDA ReConnect grant and recognized by the FCC’s DOER program, unveiled a new location at Wasilla’s Shoppes at Sun Mountain, launched its MTA Shield cybersecurity product, and more.
Palmer | 907-745-3211 | mtasolutions.com

Great Northwest, Inc.
John Minder, Pres./CEO
Year Established: 1976
Worldwide/Alaska Employees: 150/150

5-Year Revenue
2021: $41.5 million | 2020: $61.4 million | 2019: $38 million | 2018: $58 million | 2017: $40 million

Business Services
Heavy highway civil construction.

Recent Noteworthy Events
Great Northwest continues to maintain safe and efficient operations and continues to successfully navigate the varying economic climates.
Fairbanks | 907-452-5617 | grtnw.com

Alaska Village Electric Cooperative
Bill Stamm, Pres./CEO
Year Established: 1967
Worldwide/Alaska Employees: 85/85

5-Year Revenue
2021: $51.9 million| 2020: – | 2019: $56.5 million | 2018: $52.4 million | 2017: $45.5 million

Business Services
Not-for-profit, member owned, electric cooperative serving fifty-eight rural Alaska communities.

Recent Noteworthy Events
Although AVEC owns and maintains forty-eight diesel power plants, thirty-two wind turbines, and two solar arrays, in 2021 it entered into its first power purchase agreement. AVEC now buys renewable solar power from the Native Villages of Shungnak and Kobuk which should provide 12 percent of those communities’ power needs.
Anchorage | 907-561-1818 | avec.org