CAC Bankruptcy to $1 Billion Gross
Posted: 04/29/2010 | Author: Administrator Twenty years ago, it seemed Chugach Alaska Corp. was experiencing one financial catastrophe after another. The regional corporation for the Prince William Sound area was created in 1971, encompassed five Native villages and the cities of Seward and Whittier, Valdez and Cordova. It busied itself with minor construction and maintenance on the trans-Alaska oil pipeline, as well as timber and fish process...
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