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Article: Black Enterprise's top 100 black firms earn $10 billion in 1993.
- Article from:
- Jet
- Article date:
- May 30, 1994
CopyrightCOPYRIGHT 1994 Johnson Publishing Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The nation's leading Black entrepreneurs have proven they have the "right stuff," with a record of more than $10 billion in revenue for 1993, according to the annual Black Enterprise exclusive report.
As the nation tried to rebound from an economic slump, the nation's 100 largest Black-owned industrial/service companies and 100 top automobile dealers saw combined 1993 sales rise to a whopping $10.28 billion, according to the 22nd annual report in the June 1994 Black Enterprise.
Black Enterprise Publisher Earl Graves said the growth is a testament to the courage and tenacity of Black business leaders. "The CEOs of the BE 100s...stared down an unforgiving ...