The Nation’s 100 Largest Black Businesses generated combined annual revenues of $19.1 billion.

This does not include an additional $7.2 billion in annual revenues generated by a separate list of the 60 largest auto dealerships, nor does it include the revenues of companies on additional rankings of the largest black-owned advertising agencies, banks, asset management companies, private-equity firms and investment banks.

The nation’s largest black-owned company, World Wide Technology Inc., led by CEO David L. Steward, reported $5 billion in revenues—more than 10 times that of the companies on the original “Top 100” list combined.

Black Enterprise 100s: The Nation’s Largest Black Businesses

2014 2013 COMPANY LOCATION CHIEF EXECUTIVE STAFF TYPE OF BUSINESS REVENUE (IN MILLIONS)
1 1 World Wide Technology Inc. Maryland Heights, MO David L. Steward 2,517 IT products/services $6,400.000
2 2 ACT-1 Group Torrance, CA Janice  Bryant Howroyd 2,307 Staffing services 2,254.480
3 3 Bridgewater Interiors L.L.C. Detroit, MI Ronald E. Hall Sr. 1,500 Automotive parts supplier 1,500.000
4 4 Modular Assembly Innovations L.L.C. Dublin, OH Billy R. Vickers 250 Auto parts manufacturing and assembly 1,191.802
5 5 Manna Inc. Louisville, KY Ulysses  Bridgeman Jr. 14,000 Quick service restaurants 630.000
6 6 The Anderson-DuBose Cos. Lordstown, OH Warren E. Anderson 437 Food and paper products distribution 545.701
7 8 Global Automotive Alliance L.L.C. Detroit, MI William F. Pickard 1,410 Automotive parts supplier 520.000
8 7 Thompson Hospitality Reston, VA Warren M. Thompson 4,250 Food and facilities management services, quick service restaurants 485.000
9 11 Radio One Inc.* Silver Spring, MD Alfred C. Liggins III 1,072 Radio broadcasting 448.700
10 9 SET Enterprises Inc. Warren, MI Sid E. Taylor 400 Metal processing 390.000
11 13 Fair Oaks Farms L.L.C. Pleasant Prairie, WI Michael L. Thompson 256 Food services 333.125
12 10 Hightowers Petroleum Co. Middletown, OH Stephen L. Hightower 25 Petroleum products distribution 308.000
13 15 H. J. Russell & Co. Atlanta, GA Michael B. Russell 1,344 Construction, real estate, and food concessions 269.271
14 14 Millennium Steel Service L.L.C. Princeton, IN Henry L. Jackson 57 Automotive steel processing and warehousing 253.424
15 12 Manufacturers Industrial Group L.L.C. Lexington, TN Andre L. Gist 1,250 Automotive parts supplier 224.400
16 17 Mays Chemical Co. Inc. Indianapolis, IN Kristin Mays-Corbitt 212 Chemical distribution and management 191.500
17 18 Millennium Steel of Texas L.P. San Antonio, TX Henry L. Jackson 61 Automotive steel processing and warehousing 190.468
18 20 Baldwin Richardson Foods Co. Frankfort, IL Eric G. Johnson 280 Food services 174.900
19 16 Urban Lending Solutions Pittsburgh, PA Charles S. Sanders 1,371 Business services to the banking/mortgage industry 168.602
20 22 Harpo Inc. Chicago, IL Oprah Winfrey 233 Multimedia 164.000
21 49 Adams Communication & Engineering Technology Inc. Waldorf, MD Charles M. Adams 450 IT and security system services 161.000
22 23 TV One L.L.C. Silver Spring, MD Alfred C. Liggins III 107 Cable television 149.500
23 21 Health Resources Inc. Owings Mills, MD David L. Dalton 72 Pharmaceutical products/services 146.200
24 19 The Gourmet Cos. Atlanta, GA Nathaniel R. Goldston lll 1,050 Food services, facilities management, concessions 138.000
25 24 The Lewis Group L.L.P. Houston, TX Sherman  Lewis lll 960 Quick service restaurants, gas stations and convenience stores 137.927
26 28 James Group International Inc. Detroit, MI John A. James 152 Supply chain management 133.000
27 Benton-Georgia L.L.C. Douglasville, GA Dale  LeFebvre 825 Construction materials, equipment supplier 131.000
28 25 G & C Equipment Corp. Gardena, CA Gene  Hale           25 Construction materials, equipment supplier 125.000
29 Devon Industial Group Detroit, MI David Burnley Sr.           35 Contracting and construction management 113.400
30 Systems Automotive Interiors Mantachie, MS Toni  D. Cooley         125 Automotive parts supplier 109.774
31 27 Calhoun Enterprises Inc. Montgomery, AL Gregory B. Calhoun          40 Supermarkets, telecom, and food distribution 108.147
32 54 Systems Electro Coating L.L.C. Madison, MS Toni D. Cooley           53 Automotive parts supplier 106.789
33 41 K. Neal International Trucks Inc. Hyattsville, MD Stephen W. Neal           90 Commercial truck dealership 106.650
34 29 Sun State International Trucks L.L.C. Tampa, FL Oscar J. Horton          180 Commercial truck dealership 103.576
35 36 New Horizons Baking Co. Norwalk, OH Tilmon F. Brown          335 Food services 94.928
36 38 Jackmont Hospitality Inc. Atlanta, GA Daniel J. Halpern       2,100 Quick service restaurants, food services 94.000
37 26 THOR Construction Inc. Minneapolis, MN Richard  Copeland/Ravi Norman           125 Contracting and construction management 90.000
38 CHC Construction Inc. Dewitt, NY Cleveland  Hughes             75 Contracting and construction management 89.275
39 34 Raven Transport Co. Inc. Jacksonville, FL W. Randolph  Lee          550 Truckload freight transportation 88.553
40 33 V & J Holding Cos. Inc. Milwaukee, WI Valerie  Daniels-Carter       4,500 Quick service restaurants 88.000
40 30 PRWT Services Inc. Philadelphia, PA Harold T. Epps          933 Business process solutions, facilities management 88.000
40 Diversant Red Bank , NJ Gene  C. Waddy           130 IT staffing 88.000
43 42 Ozanne Construction Co. Cleveland, OH Dominic L. Ozanne             58 Contracting and construction management 87.495
44 37 SENTEL Corp. Alexandria, VA Darrell L. Crapps          640 Engineering and IT services 87.000
45 32 Facility Interiors Inc. Carrollton, TX Charles  Griggsby             75 Office furniture and facility services 85.000
46 96 The Peebles Corp. Coral Gables, FL R. Donahue  Peebles            119 Real estate development/management 82.544
47 43 Johnson Publishing Co. L.L.C. Chicago, IL Linda  Johnson Rice/Desirée Rogers           126 Publishing and cosmetics 80.000
48 40 Beauchamp Distributing Co. Compton, CA Patrick L. Beauchamp           163 Beverage distribution 78.520
49 46 All American Meats Inc. Omaha, NE Shawn  Buchanan             35 Food manufacturing 75.000
50 59 Harvey Industries L.L.C. Livonia, MI George Jerome Harvey           650 Aluminum foundry, machining and assembly 73.000
51 58 World Pac Paper L.L.C. Cincinnati, OH Edgar L. Smith Jr.             25 Paper and packaging distribution and solutions 69.722
52 Summus Industries Sugar Land, TX Rodney L. Craig            23 Supply chain solutions 67.807
53 55 ChemicoMays L.L.C. Southfield, MI Leon C. Richardson          203 Chemical management services 66.147
54 56 NDR Energy Group L.L.C. Charlotte, NC Ken  Harris               5 Energy management, products, and services 63.906
55 48 Parrish Restaurants Ltd. Dallas, TX Roland G. Parrish           625 Quick service restaurants 62.847
56 47 SoBran Inc. Fairfax, VA Amos L. Otis           764 Biomedical and environmental research support and security support 62.328
57 45 C. D. Moody Construction Co. Inc. Lithonia, GA C David  Moody Jr.             45 Contracting and construction management 58.000
58 69 Tolston Holdings L.L.C. Timmonsville, SC James R. Tolston III             77 Automotive parts supplier 55.480
59 35 Trillion Communications Corp. Bessemer, AL Brian C. Hamilton             14 Telecom products/services 55.000
60 51 VMS365 Troy, MI Rumia  Ambrose-Burbank             85 Materials management, inventory management, strategic sourcing 53.756
61 63 TAG Holdings L.L.C. Wixom, MI Joseph B. Anderson Jr.           125 Mechanical parts supplier 53.000
62 30 Promet Energy Partners L.L.C. Chicago, IL Gregory R. White               6 Energy supplier 51.666
63 52 Capstone Corp. Alexandria, VA William J. Moore III/Richard L. White           319 Defense support services, IT products/services 50.382
64 53 The Client Base Funding Group Inc.** Los Angeles, CA Bill  Richardson             37 Security equipment leasing, sales, installation 49.600
65 59 Miles-McClellan Construction Co. Inc. Columbus, OH Lonnie  L. Miles           110 Contracting and construction management 48.700
66 95 Powers & Sons Construction Co. Inc. Gary, IN Mamon  Powers Jr.             60 Contracting and construction management 47.341
67 MCL Jasco Detroit, MI Louis E. James           247 Metal processing, logistics,and energy management services 44.594
68 67 Zycron Inc. Nashville, TN Darrell S. Freeman Sr.           252 IT solutions 43.221
69 64 Roberts Brothers Properties and Development Co.*** St. Louis, MO Steven  C. Roberts/Michael V. Roberts             80 Real estate and hotel development/management and multimedia 43.000
70 66 Advanced Systems Development Inc. Alexandria, VA Richard L. Bennett           225 IT products/services 42.529
71 72 DKW Communications Inc. Washington, DC Darryl  K. Washington          220 IT and security services 40.100
72 62 B & S Electric Supply Co. Inc. Atlanta, GA Clarence W. Robie             24 Electrical equipment supplier 39.107
73 64 Systems Application and Technologies Inc. (SA-TECH) Largo, MD Timothy J. Adams          300 Engineering and technology services, facilities management, logistics 39.000
73 43 Devon Facility Management Detroit, MI David Burnley Sr.           275 Janitorial, facilities maintenance 39.000
75 76 SRS Inc. Hendersonville, TN Dewayne  Scott             45 Facilities management, disaster recovery services, and construction management 38.108
76 70 Cimarron Express Inc. Genoa, OH Glenn  G. Grady             70 Transportation services and truckload carrier 37.031
77 88 Moody Nolan Inc. Columbus, OH Curtis J. Moody           162 Architecture , engineering and interior design 36.131
78 68 Alpha Office Supplies Inc.**** Philadelphia, PA Chester A Riddick Jr.             43 Office furniture supplies and energy management 35.800
79 77 American Product Distributors Inc. Charlotte, NC C. Ray Kennedy            50 Office products distribution 35.000
80 81 IAP Government Services Group Columbus, OH Thomas G. Banks             32 Contracting and construction management 34.786
81 88 Neta Scientific Inc. Hainesport, NJ Winfred  Sanders/Garnetta Sanders             27 Distributor of laboratory supplies and equipment 34.500
82 61 Metters Industries Inc. McLean, VA Samuel  Metters           267 IT services and solutions 34.100
83 Engineering Design Technologies Inc. Marietta, GA Anthony Taylor           110 Construction, energy, healthcare, transportation/warehousing 34.000
84 90 InScope International Reston, VA Mike  Bruce             80 Staffing, engineering and information services solutions 33.300
85 83 On-Target Supplies & Logistics Ltd. Dallas, TX Albert  C. Black Jr.           137 Logistics services and supply chain management 32.613
86 87 TME Enterprises 1 LTD Smyrna, GA Michael E. Melton           677 Quick service restaurants 31.212
87 80 Che International Group L.L.C. Cincinnati, OH Christopher  Che           150 Paper and packaging, printing 31.170
88 93 Ag Trucking Inc. Goshen, IN Dale  LeFebvre           170 Transportation services 31.074
89 79 Victory Personnel Services Inc. Milwaukee, WI Joseph A. Tucker Sr.              12 Staffing services 30.916
90 78 White Construction Co. Inc. Detroit, MI W. Bernard White              15 Contracting and construction management 29.040
91 71 Megen Construction Co. Inc. Cincinnati, OH Evans N. Nwankwo             40 Contracting and construction management 28.000
92 W3R Consulting Southfield , MI Eric  Hardy           215 IT consulting 27.000
93 73 Earl G. Graves Ltd. New York, NY Earl G. Graves Jr.             58 Multimedia, business conferences 25.545
94 Keystone Electrical Manufacturing Co. Des Moines, IA Frederick V. Buie             70 Manufacturing 25.500
95 86 The Will Group Wheaton, IL Stephen L. Davis             31 Electrical equipment 25.340
96 91 Datrose Webster, NY William W. Rose           415 Business processing solutions/back office support 25.321
97 92 ChaseSource L.P. Houston, TX Anthony  Chase             45 Staffing and facilities management 25.000
98 Logistics Systems Incorporated Washington, DC Lawrence Wilkerson           224 Integrated logistics management and life cycle support; technical support; information technology services 24.897
99 RTL Networks Inc. Denver, CO Richard L. Lewis           125 Construction, energy, technology 23.914
100 Diverse Facility Solutions Inc. Chicago, IL Mark  S. Wright Sr.           750 Facilities management 22.000
101 94 Powerlink Facilities Management Services Detroit, MI Link  Howard III          500 Property and facilities management 20.300
As of Dec. 31, 2013. Prepared by B.E. Research. |Courtesy of Black Enterprise.
* PUBLICLY TRADED MAJORITY OWNERSHIP OF VOTING CLASS STOCK HELD BY AFRICAN AMERICANS.
**D.B.A. AMERICUS CREDIT GROUP & U.S. SECURITY SYSTEMS
***FORMERLY THE ROBERTS COS.
****D.B.A. ALPHA ENTERPRISE GROUP

Unfortunately despite the progress made by black entrepreneurs over the past 20 years in particular, very few have been able to gain access to the predominantly white private equity, angel investor and venture capital communities that have driven investment in the innovative new companies and industries currently fueling our economy, especially in the technology space.

Facebook Comments

You may also like

AFRICA A NEW FRONTIER OF EMERGING MARKET

AFRICA IS THE NEW FRONTIER OF EMERGING MARKET.