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Top 500 African American Businesses in the United States Announced

SOUTHPORT, CT, January 19, 2012 /-DiversityBusiness.com, the nation’s leading multicultural business website, today announced the Div500, the 12th annual listing of the nation’s top 500 African American owned businesses. Ranging in revenue size from $20 million to over $1 billion, the companies listed on the Div500 represent the nation’s top companies and challenge the long-held notion that diverse-owned businesses are small or insignificant.

At the top of 2012’s Div500 are three distinguished companies with over $500 million in annual revenues: World Wide Technology from New York, New York; CAMAC International from Houston, Texas; and TAG Holdings, LLC, from Troy Michigan. The “Top 500” companies will be honored at a special awards ceremony at DiversityBusiness.com’s 12th Annual Multicultural Business Conference, taking place April 25 - April 27, 2012 at the Foxwoods Resort & Casino in Mashantucket.

Diverse-owned businesses contribute over $495 billion in sales to the U.S. economy,” said Kenton Clarke, CEO of Computer Consulting Associates International, the company that built DiversityBusiness.com. “It is no longer just “the right thing” to do business with diversity suppliers. Because of recent economic and demographic trends and changes, major corporations are realizing that having a diverse supplier base positively impacts their business revenue from this sector of buyers”.

The Div500
The Div500 is a classification that represents the top 500 african american-owned businesses in the U.S., in sectors such as technology, manufacturing, food service and professional services. Major corporations, government agencies and college/universities throughout the country which do business with diverse and women-owned businesses use the list. The Div500 is produced annually by DiversityBusiness.com, the nation's leading multicultural B2B Internet portal that links large organizational buyers to multicultural product and service businesses.

“The Div500 companies are the heroes of diverse-owned business in America,” said Kenton Clarke. These are the entrepreneurs that have conquered the hurdles and made the sacrifices, building and strengthening their communities, providing jobs and helping to keep the fabric of the U.S. economy together.”

For the complete list of winning companies, please visit: www.DiversityBusiness.com

Press Contact: | Quantise Rodgers | DiversityBusiness.com | Director of Communications | Contact Us |


About DiversityBusiness.com
Launched in 1999, DiversityBusiness is the largest association of privately owned businesses throughout the United States that provide goods and services to Fortune 1000 companies, government agencies, and colleges and universities. DiversityBusiness provides research and data collection services for diversity including the "Top 50 Organizations for Multicultural Business Opportunities", "Top 500 Diversity Owned Companies in America", and others. Its research has been recognized and published by Forbes Magazine, Business Week and thousands of other print and internet publications. The site has gained national recognition and has won numerous awards for its content and design.













 
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