AIH Purchases Vacant Warehouse for Retail Storefront

December 14, 2020by Media

Alaska Industrial Hardware (AIH) has purchased the formerly vacant Sam’s Club warehouse building located on Dimond Blvd. where it will open a retail storefront spring 2021. This space will also serve as the largest hardware and safety order fulfillment and replenishment center in Alaska, supplying high-quality equipment, tools, industrial materials, maintenance supplies and safety products to Alaskans, the construction industry, government and commercial customers.

This retail storefront, order fulfillment and replenishment center is a positive investment in the Anchorage economy. AIH currently employs approximately 180 Alaskans and upon completion of the new location, AIH will seek to hire an additional 20 to 25 people to join its team.

“BSNC and AIH share a vision to grow solutions, products and services for construction and hardware customers,” said BSNC President & CEO Gail R. Schubert. “AIH has grown its solid reputation by providing quality customer service and competitive prices. AIH’s commitment to BSNC’s mission, as well as its operational revenue, helps provide increased shareholder opportunities and benefits.”

“We are pleased to establish our new headquarters in this busy and high-traffic major retail district in south Anchorage,” said AIH President & CEO Terry Shurtleff. “Our business has demonstrated resilience through the current recession and now the global pandemic with the support of our loyal customers. We are excited to continue to serve our community with high-quality service and support. AIH is an Alaskan company, employing Alaskans, with all profits staying in Alaska.”

This purchase positions the company for future expansion as AIH continues to evolve and grow. The new retail, order fulfillment and replenishment center, slated to open in March 2021, will be the first of its kind in Alaska. AIH is a wholly owned subsidiary of Bering Straits Native Corporation (BSNC).

BSNC acquired the Alaska-grown company in August of 2015. AIH continues to invest in Alaska by maintaining $20 million dollars in on-hand inventory strategically located throughout Alaska to support its customers.

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OFFICESWhere to find us?
BSNC is headquartered in Nome, has a business office in Anchorage and site locations and offices across the U.S.
OUR LOCATIONSWhere to find us?
ANCHORAGE
3301 C Street, Suite 100, Anchorage, AK 99503
NOME
PO Box 1008. 110 Front Street, Suite 300, Nome, Alaska 99762
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Follow BSNC for news, updates, stories, and opportunities to share in this journey.
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