BNET Industries
Last Fiscal Year Sales:$64.0M
- Private
- US
Dow Jones Description
The Aleut Corporation (the Corporation) was established in 1972 under the terms of the Alaska Native Claims Settlement Act (ANCSA). This legislation provided land settlements and cash settlements to 12 ANCSA Regional corporations formed under the Act. The Aleut Corporation received a settlement of $19.5 million, and was entitled to 70,789 acres of surface lands and 1.572 million acres of subsurface estate. Voting shares of stock were issued to 3,249 shareholders. Most of the Corporation's ANCSA selections are on the Alaska Peninsula and Aleutian, Shumagin, and Pribilof Islands, situated between Port Moller and the Alaska Peninsula and the western tip of Atka Island. The corporation owns the village site of Attu as well as numerous historical and cemetery sites between Atka and the Alaska Peninsula. The Aleut Corporation currently manages and sells sand, gravel, minerals and rock aggregates as part of its subsurface rights within the region.
Number of Employees 1,200
Contact Information
4000 Old Seward Hwy Ste 300
Anchorage, Alaska 99503-6090
(907) 561-4300
Peer Companies
NAICS Code Trust, Fiduciary, and Custody Activities: 523991
News & Analysis
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the aleut corp. - All News and Analysis
The Aleut Corp
- 2001-06-01
This Alaska Native regional corporation is turning an old military base on an isolated island into a home for its shareholders. Sweeping for 1,500 miles across the North Pacific Ocean, the Aleutian Islands are prime territory when it comes to fisheries, international trade, military significance and scientific interest. ...
The Aleut Corporation
- 1999-05-01
It seems fitting that the Native regional corporation that physically reaches the farthest into the Pacific Ocean should also have the largest operating area. For The Aleut Corp. that means not only operating in Alaska but also doing business on an international scale through its subsidiaries, such as Space Mark...
- 1
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