The state of Alaska-owned company’s success

Each year, in October Alaska Business Monthly Top 49 Welcomes Alaska purchased and operated in the state, based on gross receipts for the previous year. In this year - 16 for the creation of this prestigious list - is no different.

This is the sixth consecutive year, Arctic Slope Regional Corp. has a ranking on the list. In 1999 gross sales of $ 885.47 million, 0.23 per cent last year 887.51 million dollars, the organization is indeed impressive.

Second place with 1999 Lynden Inc. gross turnover of $ 330 million, representing an increase of 7.58 percent compared to 1998, the aggregate figures. Lynden Inc. its third place position for a long time to hit Alaska VECO VECO Inc., with 1999 gross sales of $ 305 million, saw a drop in turnover of 3.61 percent, to the third place. VECO took second place for five consecutive years, and this place there is a number to two years.

There are many new faces on the list of 2000 Top 49ers. Those in the playoffs for the first time, Alcan and Electrical Engineering Inc., Allen & Co. Petersen, Central Peninsula General Hospital, Eero Volkswagen of Anchorage Inc., Nissan Fairfield Banks, Inc. Gold Belt, Koniag Inc. Peak Oilfield Services Co. Wave-wholesale & Co.

Peak Oilfield Services Co. and its wholesale Co. are the two daughters of Native corporations. Wholesale Trade Wave is a subsidiary of Calista Corp., which do not qualify this year based on 1999 revenue of $ 10.9 million. Peak Oilfield Services Co. is a subsidiary of Cook Inlet Region Inc. in 1999 boasted a turnover of $ 297 million, not those of Peak Oilfield.

Native organizations dominate in this list. Four Top Ten of the 49ers in this category are: Gold Belt Inc. Klukwan Inc. Ukpeagvik Inupiat Wholesale Corp. Wave Co., Ahtna Inc., Arctic Slope Regional Corp., Bristol Bay Native Corp., Chugach Alaska Corp., Cook Inlet Region Inc. Doyon Ltd, Koniag Inc., Nana Regional Corp., Sealaska Corp. and The Aleut Corp., these organizations, some 13470 jobs and have made a total of 1999 gross sales of about $ 2.2 billion.

The retail / trade and the construction industry are also well represented on this list. 11 companies were placed in the retail / trade, creating 1476 jobs and 1999, in conjunction with a turnover of $ 421 million. Eight companies on the list include, in the building sector and provides jobs 4671 and 1999, in conjunction with a turnover of over $ 556 million.

Organizations that are most growth Ahtna Inc. Koniag Inc. McKinley Capital Management Inc., Nana Regional Corp., Nesser Construction, Northrim Wave bank and wholesale trade (demonstrates the strength of our societies capital Native). Ahtna Inc. has 45.26 percent of revenue from 1998 to 1999. Koniag Inc. ‘increase in turnover from 1998 to 1999, 52.55 percent. McKinley Capital Management, 37.98 percent of revenue for the same period. NANA Regional Corp. showed a 51.59%. Nesser Northrim Construction Bank and both have seen increased revenue by nearly 36 percent. And his big Co. saw 68.44 per cent growth in turnover from 1998 to 1999.

Unfortunately, some companies have declined the offer had that in previous years. It could be several reasons for these changes. The organizations can not be selected to participate in the survey this year or refuses revenue. Some, however, has not done enough revenue during the years 1999 to qualify. The tabling 49ers during the year 2000 was considered that last year, particularly in Alaska Sales & Service Inc., CEO of Alcan Inc., Gaston & Associates Inc, Hames Corp., Hickel Investment Co. and fisheries Inlet Inc. / Inlet salmon.

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