Asset Manager

Updated:

ASRC Industrial Services

ASRC Industrial Services (AIS) is the environmental and industrial services subsidiary of Arctic Slope Regional Corporation (ASRC), an Alaska Native...

ASRC Industrial Services

ASRC Industrial Services (AIS) is the environmental and industrial services subsidiary of Arctic Slope Regional Corporation (ASRC), an Alaska Native Claims Settlement Act (ANCSA) corporation owned by approximately 13,000 Iñupiaq shareholders. ASRC annually reports revenue exceeding $4B, with AIS representing a dedicated service unit focused on government and commercial contracting. AIS operates through a family of companies that deliver environmental remediation, hazardous waste management, facility maintenance, and industrial construction services. The enterprise serves both federal clients (e.g., Department of Defense, EPA) and private-sector customers, leveraging ASRC's 8(a) and other small-business certifications. Named portfolio capabilities include environmental assessment, demolition, and emergency response. Geographic footprint spans the continental U.S., with regional offices in Tempe, Arizona, and additional locations coordinated across the country. The firm does not publicly disclose its own AUM or team size. As a wholly owned subsidiary, AIS does not manage third-party capital; its financial performance flows back to ASRC's shareholder dividend pool. No recent operational events (within 24 months) surfaced in available sources. AIS's structural distinction lies in its alignment with an Alaska Native corporation: the subsidiary benefits from ASRC's preferential contracting status under federal law while operating as a commercially independent service provider. This hybrid model—tribal-owned but profit-oriented—creates a dual mandate of shareholder return and cultural stewardship.

General information

Firm type

Asset Manager

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Concord

Corporate office

Concord, United States

Additional offices

1501 West Fountainhead Parkway Suite 550, Tempe, AZ 85282

Sector focus

Environmental ServicesIndustrial ServicesInfrastructure

Frequently asked questions

Who owns ASRC Industrial Services?

ASRC Industrial Services is wholly owned by Arctic Slope Regional Corporation (ASRC), an Alaska Native Claims Settlement Act corporation. ASRC is owned by approximately 13,000 Iñupiaq shareholders of Alaska's North Slope. The subsidiary's profits flow to ASRC's shareholder dividend pool.

Does ASRC Industrial Services manage external capital?

No. AIS is an operating subsidiary, not an investment manager. It generates revenue through environmental services and industrial contracting. Its financial results are consolidated into ASRC's corporate accounts and distributed as dividends.

What infrastructure does ASRC Industrial Services serve?

AIS provides environmental remediation, hazardous waste management, facility maintenance, and industrial construction. Key clients likely include the U.S. Department of Defense and the Environmental Protection Agency, though the firm does not publish a specific client list.

What is the relationship between ASRC and ASRC Industrial Services?

ASRC Industrial Services is a subsidiary of Arctic Slope Regional Corporation. AIS was formed to consolidate ASRC's environmental and industrial service capabilities under a single enterprise. The parent company sets mission-level goals—shareholder cultural and economic freedom—while AIS operates independently on service delivery.

How does ASRC Industrial Services benefit from Alaska Native status?

As a subsidiary of an ANCSA corporation, AIS can access federal contracting preferences under the Small Business Administration's 8(a) program and other set-asides. These preferences allow AIS to compete for government contracts that are not open to non-Native firms.

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