On October 1st, 2021, Alaska Business Magazine announced the Top 49 companies in Alaska based on their 2020 gross revenues. We are very pleased to report that for 2020, UIC moved ahead and into the top ten with a Number 10 ranking. This was a significant milestone for UIC with record-breaking revenue for 2020.
UIC’s accomplishments, and the 10th place ranking, are the direct result of our Board of Director’s and Management’s strategic efforts, along with the outstanding work of our thousands of dedicated and hardworking employees. What is even more impressive is that the Company was able to achieve these milestones during the challenges of the COVID pandemic. Supply and demand channel issues, employment restrictions, government mandates, and the economy generally, have all become very challenging over the last two years. Despite the challenges, UIC was still able to accomplish these results and none of the 2020 pandemic issues were able to stop the Company’s growth and progress.
We are also excited to report that, with only a few months left in this year, the outlook appears to be even better for 2021. We are confident that in the future the Company will achieve even higher rankings and improved performance as our UIC team continues to excel and outperform all expectations.