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Choggiung Ltd. acquires majority ownership of Bristol Alliance of Companies

26 Jun, 2018

CONTACT
Travis Woods, Bristol Industries, LLC, President and Chief Executive Officer
907-563-0013 or twoods@bristol-companies.com

Choggiung Ltd. acquires majority ownership of Bristol Alliance of Companies

Bristol Bay Native Corporation (BBNC), an Alaska Native regional corporation, announced today that Choggiung Ltd. (Choggiung), a long-standing Alaska Native village corporation in the Bristol Bay region, acquired a majority ownership of the Bristol Alliance of Companies (Bristol), a group of companies providing construction, environmental and professional services to private and government clients. BBNC will retain a minority interest and will remain actively involved in the continued success of the Bristol companies.

The Small Business Administration (SBA) approved the change in ownership and the sale is scheduled to close on July 31, 2018.

“I am excited about the new partnership between Choggiung and BBNC leadership, and how Bristol’s work can contribute to their common goal of investing in the future of Native communities and the lives of shareholders,” said Travis Woods, President and Chief Executive Officer of Bristol Industries, LLC, who will continue to lead the Bristol companies. “Whether Bristol employees are renovating housing for the military, designing a new bridge in a remote Alaskan village, or exploring new opportunities, we remain deeply committed to safely delivering quality work for our clients as we have done for nearly 25 years.”

The groundbreaking partnership between Choggiung and BBNC reflects a new trajectory and strategic investment in the federal contracting market for Choggiung. Headquartered in Dillingham, Alaska, Choggiung serves approximately 2,100 shareholders, and it currently operates with business lines in commercial real estate, hospitality, and natural resource development.

“This investment shows our confidence in the Bristol Alliance of Companies’ management, the quality of work they do, and the future of this business,” said Cameron Poindexter, President and CEO of Choggiung Ltd. “On behalf of Choggiung’s Board of Directors and staff, I warmly welcome Bristol to the Choggiung family. We are all excited to unleash the potential this opportunity represents as we work to build our financial strength and provide benefits to our shareholders.”

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About Bristol: The Bristol Alliance of Companies provide a range of services, including engineering; civil and vertical construction; environmental remediation; fuel systems; range and unexploded ordnance response services; electrical and telecommunications services; and demolition and site preparation services throughout the U.S., its territories, and select international locations. Learn more at www.bristol-companies.com.

About Choggiung Ltd.: Choggiung Ltd. is a village corporation formed under the Alaska Native Claims Settlement Act. Based in Dillingham, Alaska, Choggiung is the largest village corporation in the Bristol Bay region serving approximately 2,100 shareholders. Learn more at www.choggiung.com.

About BBNC: Bristol Bay Native Corporation is a responsible Alaska Native investment corporation dedicated to the mission of “Enriching Our Native Way of Life.” Established through the Alaska Native Claims Settlement Act of 1971, BBNC works to protect the land in Bristol Bay, celebrate the legacy of its people, and enhance the lives of its shareholders. Learn more at www.bbnc.net.



Bristol Prime Contractors, LLC, earns 8(a) status

23 Jun, 2016

On February 26, Bristol Prime Contractors, LLC, was certified as a participant in the U.S. Small Business Administration’s (SBA) 8(a) Business Development Program. Over the next nine years, the company can receive sole-source contracts from the government for a broad range of construction work. 

This new 8(a) status for Bristol Prime Contractors is an important milestone as the company continues to grow its resume and experience in highway, street and bridge construction. Capabilities include bid build and design build of highways, streets, roads, airport runways and bridges. BPC services include new construction, reconstruction and rehabilitation.

“A substantial portion of infrastructure spending is focused on streets and highways, and our key personnel have extensive general construction and construction management experience that will help us deliver safe, high-quality projects for our clients in this marketplace,” said Kurby Olmstead, General Manager for Bristol Prime Contractors.

Bristol Prime Contractors joins three other 8(a) companies in the Bristol Alliance of Companies: Bristol Environmental Remediation Services, LLC, Bristol General Contractors, LLC, and Bristol Site Contractors, LLC.

You can learn more about Bristol Prime Contractors at www.bristol-companies.com.

 

 



BGC employee attends TWOW, gains leadership skills, lifelong friends

27 Jan, 2016

Katie Holden, Community Relations Specialist at Bristol General Contractors, LLC (BGC), began the Bristol Bay Native Corporation (BBNC) Training Without Walls (TWOW) Leadership Program in 2015, and while she’s learning strong lessons in leadership and management, she’s also gaining a care package full of fish from a new friend.

“The people I’ve met through the program are passionate about their culture, the Bristol Bay region, and growing professionally,” Katie said. “They could easily turn into lifelong friends. A colleague I met on the Iliamna trip is sending me a care package of fish since I have a hard time getting it here in Arizona.”

For Katie, it’s critical to engage in continuous learning to be a strong leader. Originally from Eagle River, Alaska, she has worked for BGC for three years in Tempe, Ariz. In 2015, Katie applied and was accepted into the TWOW Leadership Program, a unique training program available to shareholders through BGC’s parent company, BBNC. The program develops the management and leadership skills of BBNC shareholders and descendants while integrating the culture of the Bristol Bay region.

In November, Katie flew to Iliamna, Alaska, to attend the first of six training sessions. The three-year program curriculum focuses on developing skills and knowledge in leadership, strategy, time and stress management, legal aspects of management, presentation skills and negotiation strategies. Participants are immersed in each topic, learning from case studies and hearing from a diverse group of presenters and leaders.

To learn more about BBNC’s Training Without Walls program, visit www.bbnc.net/careers.  



Bristol Construction Services receives Excellence in Construction Award

01 Dec, 2015

Bristol Construction Services, LLC, is the recipient of the Parker, Smith and Feek's Excellence in Construction award for exceptional work on the Chester Creek Alignment and Channel Improvements project in Anchorage, Alaska.

The award was presented at the Associated General Contractors Alaska chapter's annual conference, and stemmed from Bristol Construction's performance on a $3.7 million contract from the Municipality of Anchorage to establish a new stream channel for Chester Creek, which included the installation of a box culvert through a busy corridor near the intersection of Muldoon and DeBarr roads in Anchorage. The box culvert work was particularly challenging as it required a full closure of Muldoon Road and work had to be performed during an 84-hour window over the Memorial Day holiday weekend.

Bristol Construction completed the work on time, under budget and with an incident-free safety record.

"We built a great team of union laborers, operators, subcontractors and suppliers to ensure this project went smoothly and it paid off," said Project Manager Michael Himler with Bristol Construction. "We worked together for weeks before the actual site work started, planning for every contingency. The efforts of all team members resulted in a successful project."

Bristol Construction employed several time and cost savings techniques throughout the project, including reuse of site materials and working with the municipality and local land owners to develop a more cost-effective alternative for a temporary stream diversion that ultimately reduced stress to the fish. Salmon were seen spawning in their new habitat last fall.

"We're proud to have been a part of this effort to enhance this popular area in Anchorage," said Bristol Construction Services President and CEO Travis Woods. "This project, and the municipality's future plans for additional parks, as well as planned residential construction, will provide an economic boost to this community."

 



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