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On March 30, 1973, the people of Barrow gathered to decide how to shape our village corporation.
UIC was officially incorporated on April 19, 1973.
The corporation’s first major venture was the 1974 purchase of Shontz Store, later to become Stuaqpak.
Then, to take advantage of the Borough’s rising housing market, UIC established its first wholly-owned subsidiary in 1978: UIC Construction.
In 1981, our first policy was issued to an Alaskan Native corporation for a property in Utqiagvik.
Young married couples had priority for the first distribution in 1982, followed by several other distributions totaling some 2,200 lots.
In 1992, UIC set aside 7,400 acres of private land for scientific research, creating the Barrow Environmental Observatory.
In 2000, UIC began to take advantage of the Small Business Administration’s “8(a)” program, which is a business development program created to help small disadvantaged businesses compete in the American economy and access the federal procurement market.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| God | - | - | 600 | - |
| South Carolina State Parks | - | $284.9K | 5 | - |
| Palouse-Clearwater Environmental Institute | 1986 | $5.0M | 11 | 1 |
| ClearWater Conservancy | 1980 | $620,000 | 9 | - |
| Ace Ethanol | 2001 | $7.3M | 15 | - |
| Dover Fueling Solutions | 1891 | $7.7B | 13 | - |
| North Arkansas Electric Cooperative | 1939 | $63.8M | 15 | 3 |
| SAHC | 1974 | $10.0M | 4 | - |
| First Aid Products LP | 1997 | $4.8M | 9 | - |
| Mille Lacs Energy Cooperative | 1939 | $1.6M | 15 | - |
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Ukpeagvik IOoOupiat Corporation may also be known as or be related to UIC, Ukpeagvik IOoOupiat Corporation, Ukpeagvik Inupiat Corporation and Ukpeagvik I�upiat Corporation.