Bering Straits Native Corporation (BSNC) has enhanced our ability to manage and grow our diverse business portfolio. Over the past year, BSNC established three new holding companies to oversee our more than 30 subsidiaries. The new holding companies are BSNC Government Services, LLC (BGS), BSNC Commercial Services, LLC (BCS), and BSNC Regional Services, LLC (BRS). Each holding company will concentrate on specific areas, allowing for more specialized management and growth strategies tailored to the unique needs within each sector.
BGS will focus on government contracting, ensuring that we can capitalize on opportunities and achieve operational efficiencies in these areas. BCS will oversee subsidiaries in retail sales and equipment management. BRS will focus on the forward-facing companies in-region, including BSNC subsidiaries involved in gravel and rock sales, hospitality, vehicle rentals, and property management.
This reorganization allows BSNC to streamline operations, provide targeted support to essential businesses, foster strategic growth, and ensure continued alignment with our mission to improve the quality of life of Our People through economic development while protecting our land and preserving our culture and heritage.