NEW YORK, May 24 /PRNewswire/ -- Ten Maryland-based firms are among the nations leading African American-owned businesses, according to the BLACK ENTERPRISE 33rd annual B.E.100s report. The listing is recognized as the most respected measure of black-owned business performance. Overall, the B.E.100s total 280 businesses, which include 100 industrial/service companies, 100 auto dealerships, 65 financial service firms and 15 advertising agencies.
Radio One Inc. of Lanham ranked No. 10 on the B.E. Industrial/Service list and is Maryland's largest African American-owned company reporting nearly $364 million in sales for 2004.
Bethesda-based Equals Three Communications Inc. ranked No. 8 on the B.E. Advertising Agencies list with $50 million in billings for 2004.
The Harbor Bank of Maryland ranks No. 9 on the B.E. Banks list with nearly $235 million in assets.
Brown Capital Management Inc. of Baltimore ranked No. 4 on the B.E. Asset Managers list with over $5 billion in assets under management.
SYNCOM of Silver Springs is Maryland's largest African American-owned private equity firm and ranks No. 3 on the B.E. Private Equity list with $250 million in capital under management.
The complete listing, including eligibility requirements and criteria, is available in the June issue of BLACK ENTERPRISE on newsstands now.
For a complete list of all Maryland-based companies ranked in the B.E.100s report, please contact Andrew Wadium at (212) 886-9598 or email wadiuma@blackenterprise.com.
BLACK ENTERPRISE, your ultimate guide to financial empowerment, is the premier business and investment resource for African Americans. For 35 years, BE has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers. The publication provides 3.8 million readers with monthly information on entrepreneurship, careers, and financial management. As the definitive source of information for and about African-American business markets and leaders, BE is the authority for business news and trends.
SOURCE BLACK ENTERPRISE
CONTACT: Andrew Wadium of Earl G. Graves Publishing Co., +1-212-886-9598 or email wadiuma@blackenterprise.com
© PR Newswire
Only GlobeinvestorGOLD combines the strength of powerful investing tools with the insight of The Globe and Mail.
Discover a wealth of investment information and and exclusive features.
