Business Enterprises
Sealaska's principal economic enterprises have been the harvesting of timber and marketing of wood products to Pacific Rim countries and the Pacific Northwest, along with land and forest resource management. Sealaska has also diversified its business ventures to include plastics injection molding, manufacturing, environmental consulting, construction and manufacturing aggregates, information technology, and machining and prototyping.
Sealaska employs over 1,000 people, 52 percent of whom are shareholders and descendants working in non-manufacturing sectors of Sealaska's enterprises.
Under federal law, Sealaska and its majority-owned subsidiaries, joint ventures and partnerships are deemed to be "minority and economically disadvantaged business enterprise" (43 USC 1626(e)).
Sealaska's subsidiaries include:
| Company | Formed | Headquarters | Type of subsidiary |
Enterprises |
|---|---|---|---|---|
| Sealaska Timber Corporation (STC) | 1979 | Ketchikan | Wholly owned | Timber production and land resource management. |
| Alaska Coastal Aggregates | Juneau | Wholly owned | Supplier of construction-grade aggregate material. | |
| Sealaska Environmental Services (SES) | 2003 | Bellevue, Washington | Wholly owned | Environmental consulting, engineering and remediation. |
| Synergy Systems | Redmond, Washington | Wholly owned | Prototype and limited-run machine shop. | |
| Kánaak Corporation | 2005 | Juneau, Alaska | Wholly owned | Certified diversity supplier; survivor of a merger with Sealaska subsidiary Triquest Corporation in 2005. |
| Nypro Kánaak | 2002 | Juneau, Alaska | Majority-owned joint venture with Nypro Inc. | Plastics injection-molding services, with facilities in Mt. Pleasant, Iowa; Dothan, Alabama; and Zapopan, Jalisco (Guadalajara), Mexico. |
| Managed Business Solutions LLC (MBS) | 1993 | Colorado Springs, Colorado | Majority-owned | Information technology services. Sealaska acquired majority ownership in December 2006. |
Read more about this topic: Sealaska Corporation
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