Press Releases

ASRC Honored to Lead Top 49ers List for 26th Consecutive Year

Arctic Slope Regional Corporation is pleased to once again be recognized by the Alaska State Chamber of Commerce, Alaska Business magazine and local business leaders as the top Alaskan-owned and operated corporation. This is the 26th consecutive year that ASRC has ranked #1 on the “Top 49ers List”, based the prior year’s gross revenues. The list was released today during the 2020 Alaska Business Top 49ers Virtual Presentation, held online due to COVID-19 concerns. The full list of the Top 49ers can be seen in the October 2020 edition of Alaska Business magazine.

“We came off of a very strong year in 2019 and are now focused on mitigating the impacts of a challenging new year,” said Rex A. Rock Sr., ASRC president and CEO. “The effects of the COVID-19 shutdown, combined with a drop in North Slope crude oil prices, have forced ASRC to slow its rate of growth, but I’m confident we’ll weather this storm. I congratulate the other locally-owned and operated businesses on this list and wish them continued success as we get through this challenging time together.”

In 2019 ASRC’s revenues came in at nearly $3.8 billion. ASRC has six major business segments, to include government contract services, petroleum refining and marketing, energy support services, industrial services, construction and resource development.