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[Music] ladies and gentlemen welcome to the 2020 alaska business top 49ers number 49 we begin our exciting journey to the tip top of the 49ers with great northwest headquartered in fairbanks the general construction company posted 2019 revenue of 38 million dollars great northwest has appeared as a top 49er four times its 100 alaskan workforce is led by president and ceo john minder i think it's safe to say there's a reason great is a part of their name number 48 joining us at number 48 is cornerstone general contractors with a 2019 revenue of 45 million dollars you know sometimes a triumph journey can mean a return to something or somewhere successful and cornerstone is a perfect example this year the company became the first in the nation to win first place in safety excellence from the associated general contractors of america for two consecutive years congratulations to president joe jolly and the whole cornerstone general contractors team number 47 and coming in next at number 47 is vitus energy with 2019 revenue of 55 million dollars vinus energy has been busy opening five new locations to provide even more fuel and freight services to alaskans statewide this year marks the seventh year the company has appeared among the top 49ers since first joining the ranks in 2014 great work vitus team and his fearless leader ceo justin sharon 46. from brand new territories to one huge territory it's number 46 alaska village electric cooperative avic provides electric power to energize 58 rural alaskan communities the cooperative reported its 2019 revenue was up eight percent compared to the previous year to 56 million dollars electrifying numbers for mira kohler and the entire avec team 45 putting the pedal to the metal is number 45 seeking four of lincoln cruising in from fairbanks seconds forward lincoln reported 2019 revenue of nearly 60 million dollars this marks the 35th year that secant's forward lincoln has appeared as a top 49er a remarkable achievement it looks like they're in it for the long haul jason yeah they sure do headed up by president ralph seikins the auto dealership was awarded the power stroke diesel volume and growth top 50 in recognition of achieving national top 50 dealership status for power stroke diesel parts volume and growth 44. swooping into our 44th spot is everest air cargo edwards air alaska with 2019 revenue of 59 million dollars this past year everett sarcargo installed a full motion md 80 flight simulator at its fairbanks training facility making it one of only two operating in the world that means safer skies for everyone charles after this presentation i want to get with you and find out if you can hook me up with somebody at everett's so i can get into that that simulator because that would be absolutely incredible that would be a lot of fun wouldn't it yeah yeah so if you know anybody there let's talk number 43 airport equipment rentals revisits the ranks of top 49ers this year at number 43 leading the way is jerry sadler owner and president of this heavy duty dealer that saw a seven percent year-over-year increase in 2019 aer first joined the top 49ers in 2006 and has since appeared on the list a dozen times speaking of heavy equipment i've been working on a joke about road construction but it's still a little rough just maybe give me a few minutes and i can lay it out for you oh i see what you did there you see yeah so we get some puns coming too so uh so it's not all boring i mean we're still gonna put a little bit of our humor in here but uh i'm sure there's gonna be more dad jokes to come hey charles before we move on to number 42 let's see if you can answer a pop quiz okay what's the koi khan athabascan term for friends or friends together well believe it or not and i think that's kind of easy i know the answer it's gonna you okay how did you do that how'd you know well i picked up a copy of the october issue of alaska business magazine and it was in their 49er profile makes sense it's a great magazine it is it is number 42 so this year we welcome ghana you led by ceo dina summer pandabone to the top 49ers for the very first time coming in at number 42 in 2019 ghana iu experienced record growth doubling its revenue to 62 million dollars in 2019 the alaska native organization distributed its largest shareholders dividend to date while also granting a hundred thousand dollars to local schools in support of its mission of investing in its people and promoting healthy thriving communities our sincerest congratulations to ghana ayu on joining the top 49ers family this year for the very first time it's always a remarkable year when we get to see a new 49er join the ranks that's incredible it's always yeah it's really exciting too always nice to see new faces number 41 and we love seeing familiar faces uh making the journey into the onto the list time and time again familiar faces like credit union one coming in at number 41. cu-1 reported a 4 revenue increase in 2019 to 69 million dollars the financial institution has appeared as a top 49er nine times since first joining the ranks in 2005. congratulations james wildman and the credit union one team ford that brings us to our 10th top 49er kate fox corporation coming in at number 40 led by ceo chris luctfeld the corporation reported 2019 revenue of nearly 77 million dollars a 12 increase compared to the previous year cape fox corporation representing the clinton natives of the village of saxman added two acquisitions to his commercial group this year and two tasty ones at that the 108 tap house and burger bar and the harbor ale house so the next time you're in catch can be sure to visit 39 and now for a success story that spans from the cook inlet to the north slope this company posted a 27 revenue increase putting it solidly at number 39. utilhoven oilfield systems services joins to 2020 ranks of top 49ers with a 2019 revenue of 77 million dollars utelhoven has been providing industrial commercial and technical services in alaska to the oil field industry for more than 50 years and has appeared as an alaska business top 49er two dozen times we first saw utelhoven in 1997 when it appeared in the rankings at number 45 with 21 million dollars in 1996 revenue i'd say this is a great example of one very triumphant journey great work ceo jim edelhoven and the whole utilhoven team 38 for our next stop let's venture off the waters of the cuscoquim river spawning in at number 38 is the cuscoquim corporation this alaska native village corporation reported 2019 revenue of nearly 79 million dollars a six percent increase compared to the previous year the cusco corporation has been focused on reinvesting profits from its subsidiaries in the lower 48 here at home providing energy cost of living and housing solutions for rural alaska and residents of the middle class aquim region just like salmon swimming upstream those dollars are finding their way back home earlier this year the company announced andrea gusty as his new president and ceo our congratulations to the coast guard corporation number 37 welcome home cruise companies of alaska over the years cruise companies of alaska has targeted opportunities at home and today boasts a 100 percent alaskan workforce cruz specializes in remote projects the more logistically challenging the better for this heavy civil construction and oil field service company and their efforts are paying off with crews reporting a 2019 revenue of 80 million dollars number 36 continuing along our fantastic voyage we come to number 36 on the list this one takes place on four wheels anchorage chrysler dodge center comes zooming in with 2019 revenue of 82 million dollars a six percent increase compared to the previous year anchorage chrysler dodge center pretty much has his own parking space in the top 49ers making the list 30 times since first arriving in 1985 with 20 with 1984 revenues of 55 million dollars number 35 if there is one business tenant that has taken on particular significance this year it's safety and our next top 49ers certainly knows a thing or two about that subject coming in at number 35 with president and ceo joseph yousaveli jr leading the way is usabelli coalmine with a 2019 revenue of 89 million dollars marking a 10 increase compared to the prior year 2020 has been a safe year at ucm which received the 2020 alaska governor's safety award of excellent in may and later the national mining association certified ucm as a core safety operating mine congratulations to the whole ucm team for both accomplishments 34. all right let's keep this energy going with number 34 on the 2020 alaska business top 49ers homer electric association the company reported 2019 income of 96 million dollars holding steady from the prior year homer electric is the generation transmission and distribution electric cooperative for the western kenai peninsula the cooperative has approximately thirty two thousand meters on its grid and is adding a battery energy storage system at its sold out of generation plant to increase grid stability electric power and system efficiency homo electric is also under renewable energy and i'm a big fan i see what you did there renewable energy wind turbines big fan very nice 33. here's some more shocking news with this next company we officially crossed the 100 million dollar mark for the first time in the 2020 rankings great work from davis constructors and engineers coming in at number 33 with 2019 gross revenue of 101 million dollars check this out charles over the years davis constructors and engineers has completed more than 2.6 billion dollars in alaskan projects representing more than 7.6 million square feet of construction that's a lot of billions it's billions of aliens it absolutely is congratulations davis constructors and engineers 32. we've promised not to give tmi about this next company tmi isn't what we do we do but cmi construction machinery industrial comes in at number 32 on this year's top 49ers let's see what you did there another one of the uh another one of the dad jokes there that's good we got to put them in where we can led by president and ceo ken drondale cmi posted 102 million dollars in 2019 revenue cmi distributes construction mining and logging heavy equipment throughout alaska featuring brands such as atlas copco hitachi and volvo among many other brands the company employs a 100 alaskan workforce and has appeared on the top 49ers 19 times since it first qualified in 1992. great work to everybody at cmi three small letters with a huge impact number 31 that's right and matt newska telephone association is dialed in at number 31. the alaskan owned telecom co-op reported 2019 earnings with 110.3 million dollars mta has been part of the top 49er pack since 2007 and has appeared on the list a dozen times 2020 has been a big year for the company that completed construction and commenced operation of alcan1 the first and only all-terrestrial fiber network connecting alaska to the rest of the u.s and beyond this is a giant milestone for the co-op which was established in 1953 and is 100 locally owned and operated number 30 bethel native corporation is number 30 on this year's list with 110.8 million dollars in 2019 revenue led by ceo anastasia hoffman the corporation reports it has remained consistently profitable since 1987 and has paid out five million dollars in shareholder dividends bethel's companies engage in a wide range of business lines including government contracting construction logistical support environmental remediation and commercial real estate awesome work bnc now let's take a brief break in uh in this year's countdown of the top 49er and uh take a look at a pie chart but with a twist now the 2020 top 49ers are comprised of organizations in 10 broad business classifications and more if you consider the alaska native organizations are broadly diversified into a soil of industries not surprisingly the largest segment of the top 49ers is occupied by alaska native organizations at eighty-one percent followed by transportation at six percent and construction at four percent now if you'd like to explore these awesome visualizations and more that you're gonna see coming up and we know you're gonna want to immediately following this presentation this data and all of its interactive glory will be available on our website and in the october digital edition of the magazine remember they're all interactive and user controlled so you see just the data you want to with everything going on in the world today it's it's really easy to get discouraged but as we prepared this data for our magazine our website ultimately this presentation it was really easy to feel a sense of comfort it's comfort it's comforting to know that our friends on the list today have been here since the beginning of our journey in 1985 with the very first top 49er many of these businesses have been here before and it's our hope that they're going to be here long after 2020. number 29 jason i know exactly what you mean about consistency and the comfort of it just take a look at number 29 watterson construction company thanks to a 35 jump in 2019 revenue to 115 million dollars the general contractor leapfrogged six positions in rankings from last year watterson construction company has consistently appeared on the top 49ers list since this 1997 debut and boasts a 100 alaskan workforce having appeared on the list nearly two dozen times 28. gliding right along we arrive at number 28. coleville with 2019 revenue of 118 million dollars a year to year gain of 33 percent led by president and ceo dave pfeiffer the colville group of oil field supply companies provides quality service safely reliably and efficiently and recently completed an aviation fuel distribution center on the north slope helping it retain and renew its current market share 27. and now we're pleased to see top 49er regular matanuska electric association return for another year with 2019 revenue of 148 million dollars mea provides electricity through more than 4 000 miles of power lines as the company says its service area extends north past the chaletna river over the mighty matanuska glacier and south to eagle river the company which reaches some 60 000 points of service has appeared as a top 49er a dozen times since its debut in 2007. congratulations mea we're amped to see your current success jason that was electrifying number 26 roaring into the number 26 spot is cho'ga young limited with a huge 57 increase in 2019 revenue to 150 million dollars the dillingham based organization's second year as one of alaska businesses top 49ers and what in the year it was cho hyung's business lines include construction federal contracting services and hospitality as well as commercial and residential real estate this really impressive work from president and ceo cameron poindexter and the entire chogyam team yeah absolutely echoing charles here congratulations and big ups to chogyam number 25. now we turn from the new kid on the block to sidney sock a sixth year stalwart on the list citna sock native corporation first joined the ranks of top 49ers in 2014 and has never looked back this year the gnome region's alaska native corporation moved up three spots to number 25 reporting a 30 revenue increase in 2019 wow and nearly 173 million dollars sidnessock is expanding so much that its subsidiary has acquired a subsidiary bonanza fuel acquired gnome outfitters growing sitnissock's operation and increasing the community's products for subsistence outdoor and recreational activities congratulations to sitnessock the new ceo charles fagerstorm 24. here's a whole gaggle of numbers to gander at enjoying its 36th year on the top 49ers is first national bank of alaska the top 49er staple takes the number 24 spot with 2019 revenue of 175 million dollars an increase of about 7 percent fnba operates 27 branches in 18 communities statewide with a 100 alaskan workforce speaking of that workforce fba employees have named the bank as best place to work five consecutive years in a row with the alaska business magazine's annual best of alaska business awards an american banker also named fnba as a best place to work in the united states for a second year in a row and hey why not one more accolade chair eo betsy lohr has was named alaska chambers outstanding alaskan congratulations to the entire f b a team on a job very well done full disclosure i'm out of breath 23. and continuing on here we are at number 23. and for our next top 49er we're flying all the way out to saint paul island canada do six corporation known to his friends as tdx is another alaska native organization making serious top 49er moves with a remarkable revenue increase of 40 percent in 2019 to 195 million dollars tbx is owned and represents the business interests of more than 600 shareholders with a diversified portfolio that includes four service groups including technology government services hospitality and the baron c fisheries the company first appeared among the ranks of the top 49ers in 2017 and the rest is history great work tdx that is td extraordinary 22. and now our compliments to number 22 2020 top 49er chugach electric association reporting 2019 revenue of 213 million dollars a five percent increase compared to the previous year g etch electric first joined the ranks of top 49ers in 2003 and has shined bright on the list ever since at the end of 2019 giuget served more than 84 000 meter locations from anchorage to the northern kenai peninsula and from whittier on prince william sound to tionic on the west side of the cook inlet with ceo lee thybert leading the way chugach electric expects to complete its nearly 1 billion acquisition of mlmp by the end of this month that's a big acquisition yeah number 21. and our journey to the pinnacle of the top 49er triumph continues with number 21 and delta constructors the construction management company reported 2019 revenue of 215 million dollars a 22 percent year-over-year increase helping keep the company solidly in place at number 21 for the second straight year delta constructors first landed on the top 49ers list in 2014 and has remained ever since the company provides construction management services such as estimating planning scheduling and project execution as well as procurement fabrication self-performed construction and commissioning for oil and gas and mining industries awesome work to everybody on the delta constructors team yeah you know you know charles i i just don't want to keep going huh why what's wrong well it's just that we're already here at the top 20 and it's just going way too fast we only get to do this once a year and i just i just really want to relish in the moment uh how exactly do we do that well we could take a little break and maybe uh show off some more graphics uh what about a map of the headquarters of locations of this year's top 49ers yeah that'd be pretty cool let's do that let's do that okay so as you can see here on the map the businesses that are on the top 49ers list this year come from all over the state of alaska anchorage is home to 51 percent of the top 49ers with the other 49 percent coming from every corner of the state number 20. representing the native village of tionic with headquarters in anchorage number 20 is tionic native corporation with 2019 revenue of 218 million dollars a 51 increase compared to the prior year the ionic native corporation is home to nearly 900 shareholders many of whom live in and around acreage this corporation manages more than 190 000 acres of land primarily on the west side of cook inlet with ceo leo barlow leading the way tionic manufactures defense equipment serves as an 8 a government service contractor and provides aviation maintenance construction and private land and resource development the organization also operates in hospitality and barge landing and port services congratulations tionic on another incredible year seconded now let's talk about thirds or more specifically three bears alaska jason that was almost unbearable i know i know but before we wander too far off the path and let too many dab jokes get in the way of what we're doing here let's talk about our uh and continue our journey to triumph number 19. since i've already spilled the beans here coming in at number 19 on the 2020 top 49ers this year is three bears alaska with 2019 revenue of more than 237 million dollars a 12 increase compared to the prior year led by ceo and president david weiss three bears alaska and its team of some 700 workers operate 14 stores in alaska offering visitors groceries beer wine and spirits general merchandise sporting goods hardware pharmaceutical items and fuel three bears alaska first joined the top 49er family in 2010 and hasn't looked back appearing every year since great work to three bears alaska 18. our next triumphant company on the 2020 top 49ers is gold belt incorporated gold belt reported more than 241 million dollars in 2019 gross revenue a 5 increase from the previous year the juno-based alaska nato organization says that the secret sauce to its record-breaking profitability is the pursuit of creative business solutions gold belt which has appeared as a top 49er nearly two dozen times over the years operates in the tourism government contracting facility management i.t consulting transportation security services and construction industries congratulations to mchugh pierre and the entire team at gold belt incorporated 17. and now you've presented me with a perfect segue to introduce number 17 of the ranks a lunic corporation the alaska native organization reported nearly 6 revenue increase in 2019 to 241.7 million dollars headquartered in wainwright ulunic is owned by more than thirteen hundred alaska native shareholders almost half of whom live in the community lunic also uses a diversification strategy specializing in construction logistics and operations security environmental and oil field support services recently it expanded its alaska-based operations to increase capacity for overland transport and reinforce its ability to complete legacy well plugging and abandonment awesome job by president and ceo hugh patkotek and the entire lunac team 16. coming in at number 16 is the one and only value corporation helmed by president and ceo thomas mack value corporation reported 2019 revenue of 258 million dollars 2020 marks the 25th time ali has appeared as an alaska business top 49er the iu corporation has shown its agility over and over throughout the years through its various business lines including government contracting logistics construction telecom engineering and fuel and port services to name just a few recently the corporation acquired stride strategy solutions based in huntsville alabama to further diversify and grow its federal contracting portfolio number 15. here we are at number 15 on our 2020 top 49er quest for success led by president michelle anderson autna incorporated and its team of more than 300 employees reported 2019 income of 261 million dollars otna is owned by more than 2 000 shareholders the majority of whom are athabascan or alaska native descent we are honored to have hosted atna as top 49er more than 20 times since the organization first qualified in 1998. great work otna number 14. and now we have the distinct privilege of announcing another long-time top 49er doyon limited doyon embarked on this ride with us over uh 35 years ago and has not strayed from past one once now that's what i call in it for the long haul in 2019 the alaska native organization reported income of 322 million dollars a four percent increase compared to the prior year the doyon family is home to some 20 000 shareholders primarily living and working in the interior the alaska native organization with president and ceo aaron schutt in the driver's seat is one of the nation's largest private landowners which i did not know to date doyon has received title of more than 11 and a half million acres of the 12 and a half million that was promised through angsa primarily around the 34 villages in its region management of those lands is focused on protecting the traditional shareholder uses and the responsible economic development of natural resources number 13 welcome coney ag to the trip with a 2019 revenue of 324 million dollars and with that koenig moves up two spots in the ranks to number 13. that marks a 21 increase compared to the prior year and some pretty awesome work from chairman and ceo ron unger and the entire koniak team koniak's principle line of business include commercial real estate investments and anchor natural resource management for its 3400 elutic shareholders who originated from the kodiak archipelago the view just keeps getting better and better as we inch closer to the top and as we travel around the state announcing this year's top 49ers there's no doubt about it this is one journey i'm really really proud to be a part of the hard work and dedication that we're seeing here today is just absolutely inspiring 12. and without further ado bearing straights native corporation joins us at spot number 12 on this year with 379 million dollars in 2019 revenue bsnc recently acquired northwest contracting an alaskan based pavement marking and grooving company the purchase provides bsnc with the opportunity to expand into a new market grow the company through sba certification and extend its geographical reach shout out to the team at bsnc on its continued success 11. and that brings us to number eleven in the countdown uk inupiaq corporation uic reported a four percent increase in 2019 revenue to 480 million dollars almost at the half billion dollar mark headquartered in utk uic provides social and economic resources for more than 2 900 an opiate shareholders earlier this year the company acquired a majority interest in seattle-based johansson construction establishing additional business lines and expanding its geographical reach uic is one of alaska's largest companies with more than 3 500 employees and some 45 subsidiaries in industries ranging from high-tech i.t military and logistical support services to commercial civil and industrial construction architecture and engineering to name just a few congratulations to uic president and ceo delbert rexford and the entire uic team i have the privilege of announcing that we've reached the top 10 in the 2020 top 49er rankings charles can you believe we're already here you know every year i'm more and more impressed with issues uh the this the alaska business community okay i'm fumbling my words but we're going to get through it it's because it's so impressive it's a lot of words yeah and it's very impressive you're right so through strategic planning community engagement and the last frontier worth that work ethic top 49ers are doing some truly amazing stuff the alaska business community works together in good times and bad to create something that's truly astounding check this out hey hey siri hey siri who is number 10 in the top 49er the number 10 top 49er is cook inlet region incorporated siri reported 2019 income of 493 million dollars thanks other siri the alaskan-based native organization is focused on managing its diverse portfolio of investments with a goal of protecting and growing its assets on behalf of its more than nine thousand shareholders siri says its financial strength lies in its diverse investment and business portfolio including real estate oil field and construction services energy and infrastructure government services technology services and private equity and venture capital thanks siri no problem thank you jason and charles for including me in the 2020 top 49ers presentation number nine joining us at number nine is none other than chalista corporation she lets us sped right past the half billion dollar mark with 2019 revenue of 573 million dollars holding just about steady from the previous year earlier this year cholista fully acquired its newest subsidiary nordic cholesta services nordic chalista is a drilling and work rover company with four rigs and five camps for projects on the north slope chalice of services is currently rehabilitating rig 2 and performing upgrades on his camps for example nordic brought a trailer that allows camp 101 to be moved to new locations and the camps water and sewer systems which used to be external have now been unitized into each camp module for more efficient camp setup and operations congratulations chalista number eight joining our journey to the top is a fognac native corporation with 2019 revenue of 618 million dollars placing the kodiaq based company solidly at number eight among the 2020 top 49ers a fognac represents and serves more than one thousand shareholders who are descendants from the village of afognac it operates an incredibly diverse portfolio of subsidiaries that provide government and commercial services worldwide including leasing facility services timber retail engineering i.t security logistics operations and maintenance and youth services the company made news this year when it acquired brown jug a retail business with an 83 year history and 21 locations statewide the acquisition further diversified fog next subsidiary portfolio offering enhanced profitability and shareholder job opportunities congratulations to president and ceo greg hambright and the entire fognac team and now here we are at lucky number seven hey no luck here just selling business acumen number seven coming in at number seven and congratulations to see alaska on your 63 year-over-year revenue increase to nearly 700 million dollars moving the company up four spots on the 2020 top 49ers list what a tremendous showing from president and ceo anthony malott and the entire sea alaska family of more than 22 thousand klinket haida and shimshien shareholders the based company added barnacle foods and cs marine to his family of subsidiary companies earlier this year the acquisition gives barnacles founders the opportunity to learn from sea alaska's other successful sustainable food businesses such as orca bay and icp or ipc and ipc and as well as the sea alaska team they have all the kelp pickles that they can want lucky for them i wish we had all the pickles we could want um i can't wait till the pandemic's over and we can all be uh doing these events in person again and we can be sharing in something like kelp pickles at our lunch delicious yeah six moving along to number six in the countdown we congratulate chaniga corporation with 2019 revenue of 871 million dollars leading chinega is president ceo charles totemoff that's right chenega joined the top 49er family in 2002 and has operated 19 times since chenega specializes in the diverse government services contracting marketplace supporting defense intelligence and federal civilian customers awesome job chenega we've reached the top five of our triumphant journey celebrating alaska's top locally owned businesses looking back on the first year of 49ers we can see that the top five held roughly 33 percent of the total revenue of all top 49ers in 1985. fast forward to 2020 and we can see that the top five now occupy about half of that same list so their revenues have increased over the years to occupy about half of the the total revenue for all 49ers five chuach alaska corporation joins us at number five with a 2019 revenue of 977 million dollars that's a three percent increase compared to the prior year and keeps chugach alaska securely in place at number five chugach alaska corporation is no stranger to the top 49er family the alaska native organization has appeared among the ranks of alaska's most successful companies thirty times gh alaska operates a portfolio of complementary operating businesses projects and investments across a range of industries the company says its diverse portfolio has allowed it to provide stable enduring growth to its shareholders awesome job to interim president and ceo and full-time chairman of the board sherry barretta and all of chugach alaska's 5 700 employees worldwide four coming in at number four is lyndon reporting just over 1 billion dollars in 2019 revenue lyndon has been a top 49er 27 times and has remained in the top five of the top 49ers since 2012. the lyndon family of transportation companies provides multi-mobile solutions to transportation and logistical challenges that can balance speed budget and budget by shipping via air land and sea linden is a true homegrown success story an amazing showing by linden chairman jim janssen and all th ee thousand of the company's team number hey charles three you think that wayne westlake has forgiven me for the whole bruce wayne batman thing from last year's top 49er presentation jason i know how you really love your superheroes i do i really do and and i wasn't then saying that he is batman i was just trying to say that have you ever seen wayne westlake and batman in the same room at the same time no neither have i exactly just coincidence maybe nana regional corporation is back again at spot number three with 2019 income of 1.7 billion dollars that's a 10 increase compared to the prior year 2019 was a big year for nana's red dog mine which marked 30 years of production during which the mine has continuously produced zinc lead and other elements for global markets nana has been on this journey with us from the very beginning and has appeared 36 times since jumping on board in 1985 at number 28 with a 1984 revenue of 32 million dollars we are privileged to have had nana as part of the top 49er family for so long and look forward to spending the next three decades on the same journey together congratulations to the kosovo-based alaska native corporation and it's more than 14 500 shareholders number two coming in at number two on this year's top 49ers is bristol bay native corporation from a place that's always been bbnc had a remarkable year in 2019 with revenue of 1.8 billion dollars up about 5 from the previous year and because i think it's fascinating let's take a quick look back to bbnc's freshman year on the top 49ers in 1985 bbnc ranked number 31 with 1984 revenue of 30 million dollars which wouldn't have even made the rankings this year over the years bbnc has built a diversified business portfolio that includes tourism construction industrial services government services and seafood as a leading alaska native corporation bvnc believes in in-region investment and has developed the bristol bay development fund which was created in 2014 and is infusing over five million dollars into the bristol bay economy in businesses that directly benefit their shareholder community congratulations to bristol bay native corporations president and ceo jason matrowkin and the entire team this next 49er has been with us since the very beginning in 1985. they first joined the top 49er family at number 13 posting revenue of 55 million dollars that same revenue today would have had them tied for number 47 on this year's countdown while we don't want to tip our hand too much but this alaska native corporation has grown to amazing heights this top 49er first hit the number one spot in 1995 with a revenue of 466 million dollars where it has held the spot the number one spot for the last 25 years number one and coming in at number one is arctic slope regional corporation with president and ceo rex rock senior at the helm asrc reported 2019 revenue of 3.8 billion dollars that's 3.8 billion dollars a number worth repeating an 11 increase compared to the prior year that follows a 26 revenue increase in 2018 and a 14 year percent increase the year before asrc operates six primary business segments petroleum refining and marketing energy support services construction government services industrial services and natural resource development with a worldwide team more than 15 000 employees the alaska native organization is owned by and represents the business interests of its approximately thirteen thousand inupiat shareholders in the north slope region just a few months ago a team from asrc federal played an integral part in the launching of nasa's historic spacex demo 2 mission did you know that jason i didn't no not until i read it in alaska business on the website as a matter of fact this was the first launch of astronauts from an american rocket on american soil since the last spatial shuttle mission in 2011. and talk about flying high though that is just an absolutely impressive organization they really are yeah in fact uh what an absolutely magnificent showing from all of the 2020 alaska business top 49ers we are absolutely honored this year and year over year decade after decade that you fill out those pesky little surveys that we send out to all the companies which allows us the opportunity to fulfill our mission of advocating for business in alaska yeah i can really only echo jason here when i say congratulations to asrc and all of this year's businesses on the top 49ers list our success is really depend upon your success and we are deeply grateful for all that you do thank you and congrats and also we'd like to remind you that just in a few short moments we're going to begin our executive q a with a few of this year's top 49ers so stick around because you're not going to want to miss this uh now we're going to transition over to the q a so please submit any questions you have for our guest panelists uh in the in the chat feature here in zoom over on the side