Despite a revenue decline accredited to the expected tapering of carbon credit offset (CCO) sales in 2021, Chugach achieved the second-highest operating profit in its five-decade history, placing the corporation in a position of strength and stability despite challenges related to lingering effects of the global pandemic and economic volatility.
“It’s an honor to recognized on the Top 49er list in the same year that we celebrate Chugach’s golden 50th anniversary,” said Chugach Chairman Sheri Buretta. “Chugach’s original founders instilled a spirit of fortitude into the DNA of our corporation, and our current leaders and employees have continued to carry that legacy forward to create success and progress for the corporation – even in the face of a challenging business environment.”
Alaska Business began the Top 49er list in 1985, which ranks the top 49 local businesses ranked by gross revenue, and Chugach has made the list 32 times. While Chugach’s inaugural appearances on the list were closer to the 49th position, rapid growth and diversification in business lines has allowed Chugach to rise to the top of the list, consistently ranking in the top 10 positions.
For more on the Alaska Business Top 49ers visit: https://www.akbizmag.com/2022-top49ers/