AIH Company History
Alaska Industrial Hardware has grown up with Alaska. James Thompson founded the company in 1959, the same year Alaska became the 49th State of the Union. From our humble beginnings in a Quonset hut on the corner of the Seward Highway and Fireweed Lane in Anchorage we have grown into an Alaskan brand, recognized by generations of trades people and do it your selfers. We began with a simple plan: buy surplus nuts and bolts, repackage, and sell them. As Alaska has grown so has its needs and AIH has risen to the challenge. We expanded on our original plan to offer nuts and bolts and we haven't stopped! To date AIH has grown its business to include eight statewide locations that offer a complete selection of hand and power tools, builder hardware, contractor and industrial supplies, and maintenance and safety products. AIH prides itself on offering quality goods and services at competitive prices. AIH invests in Alaska by maintaining $20 million dollars in on-hand inventory strategically located throughout Alaska to support our customers. AIH is an Alaskan Company employing Alaskans with all profits staying in Alaska.
On July 31st, 2015 Bering Straits Native Corporation purchased AIH ensuring that the company would remain an Alaskan company and brand for generations to come. The Employees and Executive team are proud to be part of the Bering family of companies. Through the purchase, Bering Straits is implementing the strategic plan established by its Board of Directors to diversify and expand its holdings including commercial and government operations, lands, and resource development. Bering Straits Native Corporation was formed in 1972 under the Alaska Native Claims Settlement Act as the regional Alaska Native corporation for the Bering Strait region, which encompasses the majority of Alaska's Seward Peninsula and the coastal lands of eastern Norton Sound. It's owned by nearly 8,000 Alaska Native shareholders.