MINORITY-OWNED BUSINESSES.L.A. County based; ranked by LUUU company wide revenues THE PACESETTER COOK INLET Cook Inlet Inlet, Gulf of Alaska in the northern Pacific Ocean. Bounded by the Kenai Peninsula on the east, it extends northeast for 220 mi (350 km), narrowing from 80 to 9 mi (129 to 14 km). Anchorage is situated near its head. ENERGY SUPPLY CUSTOMER service handled by 42 employees who speak 25 different languages forms the basis for the successful 11-year run of Cook Inlet Energy Supply, whose $2.1 billion in revenues last year was the most for a minority-owned business in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County. The Century City-based company buys and sells more than 3.2 billion cubic feet of natural gas a day, making it the nation's largest minority-owned gas marketing company. Its primary buyers are utilities companies and municipalities. Native Alaskan Gregory Craig Craig , Edward Gordon 1872-1966. British theatrical producer, director, and designer whose innovative productions and simplified stage designs influenced modern theater. last year purchased a controlling (51 percent) interest in Cook Inlet, which previously had been owned by Houston Natural Gas Houston Natural Gas Company (HNG) was a gas utility headquartered in Houston, Texas. The company was acquired by InterNorth Inc. in 1985, with HNG executives taking top positions at InterNorth. Co., Enron Enron A U.S. energy-trading and utilities company that housed one of the biggest accounting frauds in history. Enron's executives employed accounting practices that falsely inflated the company's revenues, which, at the height of the scandal, made the firm become the seventh Minority Development Corp. and Inupiat For the language, see . The Inupiat or Iñupiaq (from inuit- people - and piaq/t real, i.e. 'real people') are the Inuit people of Alaska's Northwest Arctic and North Slope boroughs and the Bering Straits region. Energy Corp. The remaining 49 percent is owned by Harvard Harvard, town (1990 pop. 12,329), Worcester co., E central Mass.; inc. 1732. A Shaker house and cemetery, a Native American museum, and a Harvard observatory are there. Management Group. Cook Inlet uses state-of-the-art computer systems and other technologies to keep track of the market and offer customers the best price for the gas they are buying. But customer service extends beyond wheeling and dealing wheeling and dealing Noun shrewd and sometimes unscrupulous moves made in order to advance one's own interests wheeler-dealer n . Having run a successful business with a 90 percent minority employee base, Craig and his staff offer assistance to other minority-owned businesses. "We feel very strongly about minority inclusion," said Angela Jones Angela Jones is an American actress. She was born and raised in Greensburg, Pennsylvania, a town southeast of Pittsburgh. She is a graduate of Point Park College in Pittsburgh. , company spokeswoman. "We mentor Mentor, in Greek mythology Mentor (mĕn`tər, –tôr'), in Greek mythology, friend of Odysseus and tutor of Telemachus. other smaller companies and assist them in growing." EXECUTIVE SUMMARY COOK Inlet Energy Supply, already a $1 billion energy trading business, reported a 91 percent increase in revenues last year to easily lay claim to the title of the top minority-owned business in Los Angeles County. It was the only one to report more than $2 billion in revenues. The company, owned by a Native Alaskan, jumped ahead of ViewSonic ViewSonic is a manufacturer and provider of visual technology, specifically CRT monitors, liquid crystal displays, projectors, plasma displays, HDTV technology, and mobile products, including tablet PCs and wireless monitors. Corp., which had held the No. 1 spot the two previous years. Revenues for ViewSonic, one of eight Chinese-owned businesses on the list, jumped 35 percent to $1.35 billion. Cook Inlet CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Gregory Craig was selected as one of 20 delegates to join President Clinton Clinton. 1 Town (1990 pop. 12,767), Middlesex co., S Conn., on Long Island Sound; settled 1663, set off from Killingworth and inc. 1838. The school that later became Yale opened here in 1702. and members of his cabinet at the 1996 Asian Pacific Economic Conference in Manila Manila (mənĭl`ə), city (1990 pop. 1,601,234), capital of the Philippines, SW Luzon, on Manila Bay. Manila is the center of the country's largest metropolitan area, its chief port, and the focus of all governmental, commercial, industrial, , Philippines Philippines officially Republic of the Philippines Island country, western Pacific Ocean, on an archipelago off the southeast coast of Asia. Area: 122,121 sq mi (316,294 sq km). Population (2005 est.): 84,191,000. . He is currently a member of the Washington Washington, town, England Washington, town (1991 pop. 48,856), Sunderland metropolitan district, NE England. Washington was designated one of the new towns in 1964 to alleviate overpopulation in the Tyneside-Wearside area. , D.C.-based Minority Business Roundtable Business Roundtable (BRT), an association consisting of the chief executive officers of major U.S. corporations that was founded in 1972 through the merger of the three preexisting business organizations. , which is comprised of the nation's largest minority-owned companies. Overall, 18 businesses returned to the list, while Cook Inlet, Alert Staffing (No. 5) and (No. 15) La Agencia de Orci ORCI Opinion Research Corporation International ORCI Office for Research and the Collection of Information ORCI Open Roads Consulting, Inc. & Asociados are newcomers.
Rank Company (Ranking in 2000) Revenues
* name (millions)
* address * 2000
* 1999
* percent gain (loss)
1 Cook Inlet Energy Supply $2,100
10100 Santa Monica Blvd., 25th Floor $1,100
Los Angeles 90067 91%
2 ViewSonic Corp. (1) 1,350
381 Brea Canyon Road 1,000
Walnut 91789 35
3 Molina Healthcare Inc. (5) 327.5
One Golden Shore Drive 184.2
Long Beach 90803 77.8
4 Panda Management Co. Inc. (3) 279
899 El Centro St. 224
So. Pasadena 91030 24.6
5 Alert Staffing 200
300 Corporate Pointe, Suite 300 164
Culver City 90230 22
6 ACT 1 Personnel Services (9) 182
1999 West 190th St. 154.4
Torrance 90504 18
7 Cathay Bancorp Inc. (7) 177.3
777 N. Broadway 141.9
Los Angelees 90012 25
8 GBC Bankcorp (8) 176.4
800 West 6th St. 142.7
Los Angeles 90017 23.6
9 Premio Computer Inc. (6) 154.2
918 Radecki Court 124.4
City of Industry 91748 24
10 TELACU Industries (11) 100
5400 E. Olympic Blvd., Suite 300 100
Los Angeles 90022 0
11 West Technology Inc. (4) 90
1925 Wright Ave. 70
La Verne 91750 28.6
12 Hanmi Bank (15) 87.2
3660 Wilshire Blvd., Penthouse A 65.1
Los Angeles 90010 33.9
13 Koos Manufacturing Inc. (13) 87
2741 Seminole Ave. 83
South Gate 90280 4.9
14 Avus Systems and Peripherals Inc. (17) 84
14415 Don Julian Road 52
City of Industry 91746 61.5
15 La Agencia de Orci & Associados 80
11620 Wilshire Blvd., Sixth Floor 67
Los Angeles 90025 19.4
Rank Majority Profile
Ownership * year founded
* employees (county/total)
* offices (county/total)
1 Native Alaskan/ 1989
Inupiat 41/41
1/1
2 Chinese 1990
358/736
1/11
3 Mexican 1980
365/660
8/34
4 Chinese 1973
1,215/4,800
76/401
5 African American 1995
21/125
2/17
6 African American 1978
105/384
11/81
7 Chinese 1962
363/493
10/21
8 Asian/Chinese/ 1980
Taiwanese 262/350
10/20
9 Chinese 1989
200/350
1/10
10 Mexican 1968
375/425
16/25
11 Chinese 1992
80/100
5/7
12 Korean American 1982
275/300
9/11
13 Korean 1985
1,800/1,800
1/1
14 Vietnamese 1991
75/102
1/5
15 Mexican 1985
92/94
1/2
Rank Types of Business Sales Contact
1 energy trading Angela Jones
2 computer peripheral, display Matthew Gill
technology
3 health care company none
4 Chinese food service Anna Yee
(restaurant and quick service)
5 full-service, national Vonyetta Nickerson
staffing firm
6 clerical and technical Eric Forst
staffing services
7 bank holding company Anthony Tang
8 commercial banking Wilson Mach
9 computer manufacturer Steve Newton
10 real estate development, Michael D. Lizarraga
financial services,
construction management,
engineering
11 computer Lawrence Shaw
12 banking Yong Ku Choe
13 denim jeans manufacturer U Yul Ku
14 provider of computer hardware, Larry Mah
software and peripherals to
VARs and system builders
15 advertising agency Rose Roeder
Rank Top Local Executive
* title
* phone
1 Gregory Craig
ceo
(310) 556-8956
2 James Chu
ceo
(800) 888-8583
3 J. Mario Molina M.D.
president
(562) 435-3666
4 Peggy Cherng
ceo
(626) 799-9898
5 Victoria Lowe
founder, ceo, president
(310) 665-9380
6 Janice Bryant Howroyd
chairman, ceo
(310) 370-5939
7 Dunson Cheng
chairman, president
(213) 625-4700
8 Peter Wu
ceo, president
(213) 972-4159
9 Crystal Wu
president
(626) 839-3100
10 David C. Lizarraga
chairman
(323) 721-1655
11 Winson Liang
president
(909) 392-2000
12 Chung Hoon Youk
president
(213) 382-2200
13 U Yul Ku
president
(323) 564-2100
14 Calvin Lam
president
(626) 333-3833
15 Hector Orci
co-chairperson
(310) 444-7300
16 ACRO Service Corp. $79 Asian Indian 1982
40 N. Alta Dena $56.1 381/1,703
Pasadena 91107 40.8% 1/25
17 C & F Foods Inc. (14) 71.9 Cuban 1975
15620 E. Valley Blvd. 81 143/185
City of Industry 91744 -11.3 2/4
18 F. Gavina & Sons Inc. (16) 62 Cuban 1967
2369 E. 51st St. 59.1 230/240
Vernon 90058 4.9 1/2
19 King Taco Restaurants Inc. (20) 35.1 Mexican 1974
3421 E. 14th St. 32.1 552/552
Los Angeles 90023 9.25 18/18
20 Pacific Pioneer Insurance Group (19) 33.4 Chinese 1980
16700 Valley View Ave., Penthouse Suite 34.6 87/110
La Mirada 90638 -3.5 3/8
21 Valverde Construction Inc. (24) 26.8 Mexican American 1972
10936 Shoemaker Ave. 21.6 140/140
Santa Fe Springs 90670 24.3 2/2
22 Team-One Staffing Services Inc. 23.1 Mexican America 1987
2999 Overland Ave., Suite 130 15 25/31
Los Angeles 91403 54.5 3/4
23 Pueblo Holdings (2) 20 Mexican 1995
2049 Century Park East, Suite 2060 166.5 100/300
Los Angeles 90067 -88 [1] 2/4
24 Carrera Industrial Contractors Inc. 18.2 Hispanic 1988
8848 S. Painter Blvd. Suites B & C 5.4 14/14
Whittier 90602 238.8 1/1
25 LEDtronics Inc. 18 Asian, Southern 1983
23105 Kashiwa Court 15 Region 180/280
Torrance 90505 20 1/2
16 staffing Jay Chhugani
17 food packers and distributors Bill James
18 specialty coffee roaster Jose A. Gavina
19 Mexican fast food restaurant chain Raul D. Martinez
20 insurance Lin W. Lan
21 underground construction Edward Valverde
22 full-service employment agency Melissa Yarbourgh
23 holding company - financial services Hugo E. Pimienta
24 industrial construction Fred F. Carrera Jr.
25 manufacturer of LED energy efficient lamps Gary Peterson
16 Jay Chhugani
director
(626) 577-9505
17 Luis Faura
president, coo
(626) 723-1000
18 Pedro L. Gavina
president
(323) 582-0671
19 Raul O. Martinez
ceo, president
(323) 266-3585
20 Lin W. Lan
president
(714) 228-7800
21 Joe A. Valverde
president
(562) 906-1826
22 Frank Moran
ceo, president
(310) 841-4111
23 Hugo E. Pimienta
chief executive
(310) 785-2100
24 Fred F. Carrera Jr.
President
(562) 945-7262
25 Adil Gandhi
general manager
(310) 534-1505
(1.)Decline in 2000 revenues is due to the sale of a substantial portion of the company's mortgage banking operations, 4th quarter 1999. Note: The information on this list was provided by representatives of the companies themselves. Companies are ranked by 2000 revenues. To qualify for this list, a company must be at least 51 percent minority owned and headquartered in Los Angeles County. This survey was completed during the week of March 19, 2001. To the best of our knowledge, this information is accurate as of press time. While every effort is made to ensure the accuracy and thoroughness of the list, omissions and typographical errors typographical error - (typo) An error while inputting text via keyboard, made despite the fact that the user knows exactly what to type in. This usually results from the operator's inexperience at keyboarding, rushing, not paying attention, or carelessness. Compare: mouso, thinko. sometimes occur. Please send corrections or additions on company letterhead to the Research Department, Los Angeles Business Journal, 5700 Wilshire Not to be confused with Wiltshire. Wilshire may refer to:
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