The corporation filed for Chapter 11 bankruptcy protection in 1991 as a result of a fallout in the timber industry , a salmon glut , a fire at its Orca cannery , and the 1989 Exxon Valdez oil spill 's impact on the local herring population . In 2003 Chugach ranked second in '' Alaska Business Monthly ’s '' list of Top 49ers , a ranking of the top Alaskan-owned and operated businesses
Exxon Valdez oil spill
Exxon Valdez oil spill
Chugach Alaska Corporation