Asset Manager

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ASRC Industrial Services

ASRC Industrial Services is a subsidiary of Arctic Slope Regional Corporation. It operates through three groups: Construction, Maintenance and Repair;...

ASRC Industrial Services

ASRC Industrial Services is a subsidiary of Arctic Slope Regional Corporation. It operates through three groups: Construction, Maintenance and Repair; Remediation and Response Services; and Environmental Engineering and Professional Services.

General information

Firm type

Asset Manager

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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