SCMBDC Honors Top Minority Entrepreneurs at 25th Annual Supplier of the Year Awards Luncheon July 9.
The event, which will be held from 11 a.m. to 2 p.m., celebrates the outstanding performance of minority business enterprises (MBEs) in their contracts with SCMBDC corporate members.
The keynote speaker will be Linda A. Livingstone, Ph.D., dean of Pepperdine University Graziadio School of Business and Management. Maria Contreras-Sweet, founder and chair of the board, Promerica Bank, will emcee the event.
This year, there are 47 award nominees employing nearly 12,500 people with gross annual sales of approximately $214 billion.
"These nominees are what all business entrepreneurs should aspire to," according to John W. Murray, Jr., president of the council. "They are successful because they are highly capable individuals who work hard and deliver value to their clients and the community. That is always important but never more so than during these most challenging times."
Under the program, MBEs are judged on their demonstrated growth, development and ability to create jobs; utilization of other MBEs; business performance in their contracts, including providing quality products and services, cost savings and innovative solutions; overcoming major obstacles and adversities, and community involvement.
Only one winner is selected in each class category, based on annual sales of less than $1 million (Class I), between $1 million and $10 million (Class II), between $10 million and $50 million (Class III), and $50 million and greater (Class IV). To be considered for an award, a minority business must be nominated by an SCMBDC corporate member and certified as a minority business in good standing by the council.
American Honda Motor Co., Inc. is this year's title sponsor. Other sponsors to date include: (platinum) BP; Hilton Hotels Corp.; Kaiser Permanente; Southern California Edison Southern California Edison (or SCE Corp), the largest subsidiary of Edison International (NYSE: EIX), is the primary electricity supply company for much of Southern California. It provides 11 million people with electricity. ; Southern California Gas This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Company; Toyota Motor Sales USA; (gold) Northrop Grumman Corp., Raytheon Company; Walton Isaacson LLC (Logical Link Control) See "LANs" under data link protocol.
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AEG Air Expeditionary Group ; Alorica, Inc.; A.M. Ortega Construction Co.; APR APR
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Twenty-two corporate members provided 2009 award nominations: AEG; American Honda Motor Co., Inc.; Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. ; BP; Chevron Corp.; Fluor; Hilton Hotels Corp.; Johnson & Johnson; Toyota Motor Sales, USA; Los Angeles Department of Water & Power; Northrop Grumman Corp.; Raytheon Company; Southern California Edison; Southern California Gas Company; Sprint; University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission ; The Walt Disney Company; Union Bank of California Union Bank of California is one of the 30 largest commercial banks in the United States. It has 327 branches, the majority of which are in San Diego, Los Angeles and Orange Counties. ; US Bank; Volkswagen; Wachovia\Wells Fargo Bank, and Walmart.
This year's nominees include: AD-PRO; Nelson Davis Television Productions; Quality General Engineering Inc.; Southeast C&I Electric; The Baker Group; Sustaining Resources; Artcraft Bedspread Manufacturing; Banneker Industries Inc.; Best Landscaping; Caraway caraway, biennial Old World plant (Carum carvi) of the family Umbelliferae (parsley family), cultivated in Europe and North America for its aromatic seeds. & Cuckler Engineering Services, Inc.; Coast Aerospace Mfg; Code Precast Products, Inc.; CR&A Custom; Elixir Technologies Corporation; G&F Concrete Cutting, Inc.; Icon Blue, Inc.; Industry Color Printing; Kevcomp, Inc.; Madison Paving; NK David Constructors; Osceola (Malikco) Consulting; Precision Analytical, Inc.; Project View, Inc.; Pro Tool Services, Inc.; Sensis; Sequoia Financial Services; The Label Company; Torrez Trucking, Inc.; V.R. & Associates; Walton Isaacson, LLC; A. M. Ortega Construction; AC Pipe & Equipment; Diverse Staffing Solutions; EZ Data, Inc.; FCI Management Consultants, Inc.; Kenig Aerospace; Manderee Enterprise Corp.; Pacific Rim Capital, Inc.; Philatron International; RMI (Remote Method Invocation) A standard from Sun for distributed objects written in Java. RMI is a remote procedure call (RPC), which allows Java objects (software components) stored in the network to be run remotely. International, Inc.; T.J. Cross Engineers, Inc.; Alorica, Inc.; APR Consulting, Inc.; GeoLogics, Corp.; OneSource Distributors; SHI International, and Vizio, Inc.
The National Minority Supplier Development Council (NMSDC NMSDC National Minority Supplier Development Council, Inc. ) introduced the Supplier of the Year program in 1981 as a way of measuring the success of circulating corporate dollars into the minority business community. As an affiliate of the national council, SCMBDC has participated in the program since 1985.
For information, tickets or sponsorship opportunities for the 2009 Supplier of the Year awards luncheon, contact Shawn Smith at (213) 689-6940, or visit www.scmbdc.org. Tickets will not be sold at the event.
Southern California Minority Business Development Council, the region's leading minority business advocacy organization, represents the interests of more than 600,000 minority businesses in its 13-county service area in Southern California. In addition to serving certified minority businesses, the council provides its nearly 200 corporate members access to qualified minority suppliers representing highly diverse businesses, both in ethnicity and in products and services. Headquartered in Los Angeles and one of 38 regional councils in the National Minority Supplier Development Council network, its mission is "to support and develop minority business enterprises to compete and succeed in the open market." SCMBDC has made a positive impact in the minority business community since its founding in 1975. For more information, visit www.scmbdc.org.