SOUTHPORT, CT, March 09, 2016 /-DiversityBusiness.com, the nation’s leading multicultural business
website, today announced the Div500, the 16th 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 African American businesses are
small or insignificant.
At the top of 2016’s Div500 are four distinguished companies with
over $1 billion in annual revenues: World Wide Technology based in
St. Louis, MO; ACT-1 Group based in Torrance, CA; Bridgewater
Interiors L.L.C. based in Detroit, MI; and RLJ McLarty Landers
Automotive, based in Little Rock, AR.
This year's list also includes companies
that are led by some of most prominent African American
entertainment icons which include: Russell Simmons, Tyra Banks, Shawn "JAY Z" Carter,
Magic Johnson, Michael Jordan, Sean John Combs, and Venus
Over 1,500,000 businesses
in the United Sates had the opportunity to participate in the 16th
annual business survey. Companies selected were based upon a set of
criteria which includes: reviewing each entrant’s business profile,
website and gross annual sales submitted. Div500 award reflects
DiversityBusiness.com's annual "Top Business List" which receives
over 20 million viewers annually.
The “Top Business List” offers the most comprehensive look at the
strongest segment of the United States economy - America's privately
held companies. These companies are the most recognized and
respected which truly differentiate themselves in our indeterminate
market place. This esteemed list has been highly coveted by
corporations, government agencies and educational institutions who
desire to increase opportunities with African-American businesses.
"Many small businesses as
well as 'Corporate America' in general, are facing challenging times
and must become more creative in our pursuit to remain competitive
and successful said Dionisio Ortiz, President & CEO of Corporate
Document Solutions, Inc. DiversityBusiness.com has continued to recognize
Hispanic-Owned businesses throughout the years and has been
instrumental in assisting my firm, Corporate Development Solutions.
Having been included the prestigious 'Top 500 Hispanic-Owned
Businesses' for 8 consecutive years has been an honor and a
testament to our team and DiversityBusiness.com."
"It has been
quite an honor to be ranked among
DiversityBusiness.com's top businesses said
Gloria Bohan, President & CEO of Omega World Travel. This
recognition has opened up the door for a number of opportunities
with Fortune 500 corporations. It is also an honor to be included
among a remarkable group of entrepreneurs from across the
The winning companies
will be honored during a special awards ceremony at DiversityBusiness.com’s
"16th Annual National Summit", taking place April 26, 2016 at Time
Warner Center in New York, New York.
the list, please
The Div500 is a classification that represents the top
privately-held 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 unsung heroes of American economy”
Clarke, President & CEO of
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
For the complete list of winning companies, please visit:
Press Contact: | Quantise Rodgers | DiversityBusiness.com |
Director of Communications |
Launched in 1999, DiversityBusiness is the largest organization
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. Its e-magazine reaches
over 3,000,000 readers, an e-newsletter that reaches 2.4 million,
and website visitors of 1.2 million a month. It is a leading
provider of diversity management tools. DiversityBusiness.com is
produced by Computer Consulting Associates International Inc.
(CCAii.com) of Southport, CT. Founded in 1980.