As in year’s past, the announce was made at Alaska Business’s Top 49ers celebration. COVID-19 pushed the prestigious luncheon to a virtual format. While the in-person portion of the gathering was removed for safety reasons, none of the excitement was lost as Alaska’s top performing businesses were showcased. A particular point of pride for Native corporations like Chugach was the fact that 81 percent of the revenue attributed to this year’s Top 49ers was derived from Alaska Native corporations and businesses.
Alaska Business has been making a Top 49er announcement since 1984, and Chugach has made the list 30 times. While Chugach’s inaugural appearances on the list were closer toward the 49th position, rapid growth and diversification in business lines has allowed Chugach to rise to the top of the list, consistently ranking in or near the top five positions.
This year, Chugach retained fifth place on the Top 49er list due to a 2019 revenue of more than $977 million, a three percent growth over the previous year. The lion share of recognition for retaining our place on the list and attaining nearly a billion dollars in revenue goes to the nearly 6,000 employees who work for the Chugach family of companies in locations around the world. Thank you to all of the incredible people who work for Chugach, and here’s to another successful year for all of the Top 49er companies.
To see all of the companies on Alaska Business’s 2020 Top 49er list, click here.