• Get in Touch
  • Get in Touch with our Support!
  • Privacy Policy
Sunday, January 29, 2023
OvaNewsBlast.com
  • Home
  • News
  • African Americans
  • Business
  • Sports
  • Technology
  • Entertainment
No Result
View All Result
  • Home
  • News
  • African Americans
  • Business
  • Sports
  • Technology
  • Entertainment
No Result
View All Result
OvaNewsBlast.com
No Result
View All Result

5 Black-Owned Companies You’ve Never Heard of That Make $500 Million or More A Year

July 18, 2020
in Technology
Reading Time: 2min read
A A
5 Black-Owned Companies You’ve Never Heard of That Make $500 Million or More A Year
0
SHARES
0
VIEWS
Share ShareShareShareShareShare

There are more than 2 million businesses in the United States that are owned by African Americans, but most are small operations with very few employees. However, there are many Black-owned businesses that employ hundreds or thousands of people, and generate annual revenues of $100 million or more – some even generate billions.

Here are 5 of them that you probably never heard of:

#1 – World Wide Technology Inc: Based in Maryland Heights, Missouri, this is a global IT company that serves the technology needs of large public and private organizations. Founded by David L. Steward, this company has long been the largest Black-owned business and has grown to more than $6.7 billion in annual revenue with more than 3,000 employees. Even more, they have more than 2 million square feet of warehousing, distribution and integration space. And yes, they are Black-owned!

#2 – ACT-1 Group: Based in Torrance, California, this company provides staffing, human resources and management solutions to Fortune 500 companies in industries from entertainment to technology, and finance to biotech. Founded by Janice Bryant Howroyd, this company generates more than $2.2 billion a year! Not just Black-owned, also woman-owned!

#3 – The Anderson-Dubose Company: Based in Lordstown, Ohio, this company provides logistics solutions and unparalleled service to the world’s most elite corporations in the quick service industry. Founded by Warren E. Anderson, they have more than 400 employees, and generate more than $540 million in annual revenue. Black-owned – check!

#4 – Global Alliance Automotive: Based in Detroit, Michigan, this company is a global automotive parts supplier. As a worldwide group of independent representation companies, they are an adequate contemporary answer to recent major structural changes within the automotive industry. They pull in about $520 million every year in revenue. Black-owned? Yes, indeed!

#5 – Thompson Hospitality: Based in Reston, VA, this company is the largest minority-owned food service management company in the country. Founded by Warren M. Thompson, they were recognized in 2010 as “Company of the Year” by Black Enterprise Magazine. They have more than 4,000 employees, and their annual revenues are just shy of $500 million. Again, Black-owned!

This article was originally written by BlackBusiness.com


Credit:
Source link

ShareTweetSendSharePinShare
Previous Post

Biden’s bid touts faith, courts even religious conservatives – Entertainment & Life – telegram.com

Next Post

Face coverings become fashion statement during pandemic – Entertainment & Life – Waynesboro Record Herald – Waynesboro, PA

Next Post
Face coverings become fashion statement during pandemic – Entertainment & Life – GoErie.com

Face coverings become fashion statement during pandemic - Entertainment & Life - Waynesboro Record Herald - Waynesboro, PA

  • Trending
  • Comments
  • Latest
7-Year-Old Black Boy Writes His First Book About a Superhero Who Loves Making the World a Safer Place

7-Year-Old Writes First Book About Superhero Who Loves Making the World a Safer Place

January 15, 2023
Tyler Perry’s Sistas’ Devale Ellis and Crystal Hayslett Trumpet ‘Zatima’ — Plus, Get the Season 3B Premiere Date

Tyler Perry’s Sistas’ Devale Ellis and Crystal Hayslett Trumpet ‘Zatima’ — Plus, Get the Season 3B Premiere Date

August 25, 2021
Summerguide calendar | Summerguide | Illinois Times

Summerguide calendar | Summerguide | Illinois Times

May 26, 2022
Demonstrators support harassed owners of Black Lives Matter stand near Murrieta – Press Enterprise

Demonstrators support harassed owners of Black Lives Matter stand near Murrieta – Press Enterprise

September 27, 2020
Howard School of Business Is Ranked Among Bloomberg Businessweek’s Best Business Schools of 2022-23

Howard School of Business Is Ranked Among Bloomberg Businessweek’s Best Business Schools of 2022-23

September 22, 2022
Yolo County’s Juneteenth celebration goes virtual on June 6 – Daily Democrat

New exhibit at Gallery 625, DMTC to hold 12th Valentine Dessert Auction

January 29, 2023
Critical Carceral Studies Lab receives grants to continue abolitionist work | News

Critical Carceral Studies Lab receives grants to continue abolitionist work | News

January 29, 2023
Warner: Greenville is a tale of two cities with a cultural legacy lifetimes in the making | Commentary

Warner: Greenville is a tale of two cities with a cultural legacy lifetimes in the making | Commentary

January 29, 2023
Charleston’s International African American Museum offers programs ahead of opening | Business

Charleston’s International African American Museum offers programs ahead of opening | Business

January 29, 2023
Usain Bolt Fires His Business Manager — And It Was Not An Amicable Split

Usain Bolt Fires His Business Manager — And It Was Not An Amicable Split

January 29, 2023

Recent News

Roger Stone calls Black radio host racial slur in interview | News, Sports, Jobs

New exhibit to explore Black history in ADKs | News, Sports, Jobs

January 27, 2023
Kylie Jenner’s controversial lion head outfit defended by PETA | Entertainment

Kylie Jenner’s controversial lion head outfit defended by PETA | Entertainment

January 24, 2023
Our History Matters – African American News and Issues

Our History Matters – African American News and Issues

January 29, 2023
01/26/23: Disney makes “Extraordinary” decision

01/26/23: Disney makes “Extraordinary” decision

January 26, 2023
OvaNewsBlast.com

A reliable source for African American news, from a different lens. Yours. News about us, by us.

Follow Us

Recent News

Yolo County’s Juneteenth celebration goes virtual on June 6 – Daily Democrat

New exhibit at Gallery 625, DMTC to hold 12th Valentine Dessert Auction

January 29, 2023
Critical Carceral Studies Lab receives grants to continue abolitionist work | News

Critical Carceral Studies Lab receives grants to continue abolitionist work | News

January 29, 2023

Topics to cover !

  • African Americans
  • Business
  • Entertainment
  • News
  • Sports
  • Technology
  • Get in Touch
  • Get in Touch with our Support!
  • Privacy Policy

© 2020 ovanewsblast.com - All rights reserved!   Download Our App   Read News on odbnewsblast.com

No Result
View All Result
  • Home
  • News
  • African Americans
  • Business
  • Sports
  • Technology
  • Entertainment

© 2020 ovanewsblast.com - All rights reserved!   Download Our App   Read News on odbnewsblast.com