Private company
Chugach Alaska Corporation, or CAC, is one of thirteen Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land.1
Last updated Oct 18, 2026.
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Chugach Alaska Corporation, or CAC, is one of thirteen Alaska Native Regional Corporations created under the Alaska Native Claims Settlement Act of 1971 (ANCSA) in settlement of aboriginal land claims. Chugach Alaska Corporation was incorporated in Alaska on June 23, 1972. Headquartered in Anchorage, Alaska, Chugach Alaska Corporation is a for-profit corporation with over 2,200 Alaska Native shareholders primarily of Chugach Alutiiq, Eyak, and Tlingit descent.2
History
The corporation filed for Chapter 11 bankruptcy protection in 1991 as a result of a fallout in the timber industry, a salmon glut, a fire at its Orca cannery, and the 1989 Exxon Valdez oil spill's impact on the local herring population. In 2003 Chugach ranked second in Alaska Business Monthly’s list of Top 49ers, a ranking of the top Alaskan-owned and operated businesses.
From Wikipedia’s article on Chugach Alaska Corporation, shared under CC BY-SA 4.0.2
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