Chicago's largest minority-owned firms - Crain's Chicago Business
Chicago's largest minority-owned firms - Crain's Chicago Business
Chicago's largest minority-owned firms - Crain's Chicago Business
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FOCUS: SMALL BUSINESS<br />
CRAIN’S CHICAGO BUSINESS • SEPTEMBER 12, 2005 39<br />
CRAIN’S LIST LARGEST MINORITY-OWNED FIRMS<br />
Ranked by 2004 revenues*<br />
1<br />
2<br />
Firm<br />
Address/phone/Web address Top executive 2004<br />
JOHNSON PUBLISHING CO.<br />
820 S. Michigan Ave., <strong>Chicago</strong> 60605<br />
(312) 322-9200; www.ebony.com<br />
HARPO INC.<br />
110 N. Carpenter St., <strong>Chicago</strong> 60607<br />
(312) 633-1000; www.oprah.com<br />
Linda Johnson Rice<br />
President, CEO<br />
Oprah G. Winfrey<br />
Chairman<br />
Revenues (in millions)<br />
% change<br />
from 2003<br />
Minority group<br />
of ownership<br />
Year<br />
founded<br />
No. of fulltime<br />
employees<br />
worldwide<br />
2004 Description of business<br />
$498.2 +2.0% African-American 1942 1,699 Publishing, television production,<br />
cosmetics<br />
$275.0 NC African-American 1986 284 Television and film production,<br />
publishing, new media<br />
BREAKING DOWN MINORITY-<br />
OWNED FIRMS STATEWIDE<br />
African-Americans, Asians and<br />
Hispanics are responsible for<br />
the majority of Illinois’<br />
<strong>minority</strong>-<strong>owned</strong> businesses<br />
As a percentage of all <strong>firms</strong> statewide<br />
882,053<br />
total <strong>firms</strong><br />
in Illinois<br />
958,215<br />
3<br />
VELUCHAMY ENTERPRISES<br />
1213 Butterfield Road,<br />
Downers Grove 60515<br />
(708) 449-2800; www.veluchamy.com<br />
Pethi Veluchamy<br />
Chairman, CEO<br />
$240.0 +14.3% Asian 1974 3,000 Direct marketing, banking,<br />
real estate<br />
4<br />
HEARTLAND FOOD CORP.<br />
1400 Opus Place, Suite 900,<br />
Downers Grove 60515<br />
(630) 598-3300; www.heartlandfoodcorp.com<br />
Jeff Rogers<br />
President<br />
$170.8 NM 1 Hispanic 2003 502 Burger King franchisee<br />
Asian<br />
4.7<br />
4.1 4.1<br />
Hispanic 3.5<br />
African-American 4.7 7.2<br />
’97 ’02<br />
5<br />
FLYING FOOD GROUP<br />
212 N. Sangamon St., Suite 1A,<br />
<strong>Chicago</strong> 60607<br />
(312) 243-2122; www.flyingfood.com<br />
Sue Ling Gin<br />
Chairman, CEO<br />
$170.0 +11.8% Asian 1983 2,134 Airline catering, home meal<br />
replacement<br />
African-Americans own more <strong>firms</strong> . . .<br />
70,000<br />
60,000<br />
6<br />
7<br />
8<br />
9<br />
SAYERS 40 INC.<br />
1150 Feehanville Drive,<br />
Mount Prospect 60056<br />
(847) 391-4040; www.sayers.com<br />
ARIEL CAPITAL<br />
MANAGEMENT LLC<br />
200 E. Randolph Drive, Suite 2900,<br />
<strong>Chicago</strong> 60601<br />
(312) 726-0140; www.arielmutualfunds.com<br />
SUTTON FORD INC.<br />
21315 Central Ave., Matteson 60443<br />
(708) 720-8000; www.suttonford.com<br />
EVANS FOOD GROUP LTD.<br />
4130 S. Halsted St., <strong>Chicago</strong> 60609<br />
(773) 843-0005; www.evansfood.com<br />
Gale E. Sayers<br />
President, CEO<br />
John W. Rogers Jr.<br />
Chairman, CEO<br />
Nathaniel K. Sutton<br />
President<br />
Alan Sussna<br />
President, CEO<br />
$112.0 -0.6% African-American 2003 75 Information technology products<br />
and services<br />
$107.0 +45.4% African-American 1983 90 Investment adviser<br />
$100.0 +1.7% African-American 1989 94 Automobile dealership<br />
$96.0 +26.3% Hispanic 1947 400 Snack food manufacturer<br />
50,000<br />
40,000<br />
30,000<br />
20,000<br />
10,000<br />
0<br />
’97 ’02<br />
African-<br />
American<br />
Hispanic<br />
Asian<br />
. . . but Asians employ more people . . .<br />
120,000<br />
100,000<br />
10<br />
BALDWIN RICHARDSON<br />
FOODS CO.<br />
20201 S. LaGrange Road, Suite 200,<br />
Frankfort 60423<br />
(815) 464-9994; www.brfoods.com<br />
Eric G. Johnson<br />
President, CEO<br />
$90.0 +16.9% African-American 1997 185 Manufacturers sauces, condiments,<br />
toppings, syrups and fruit fillings<br />
80,000<br />
60,000<br />
40,000<br />
11<br />
12<br />
13<br />
CAPSONIC GROUP LLC<br />
460 S. 2nd St., Elgin 60123<br />
(847) 888-7300; www.capsonic.com<br />
AMERICAN CHEVROLET INC.<br />
9510 W. Joliet Road, Hodgkins 60525<br />
(708) 352-2400; www.advantagechev.com<br />
AZTECA FOODS INC.<br />
5005 S. Nagle Ave., <strong>Chicago</strong> 60638<br />
(708) 563-6600; www.aztecafoods.com<br />
Greg Liautaud<br />
President, CEO<br />
Desmond Roberts<br />
President<br />
Arthur R. Velasquez<br />
Chairman, president,<br />
CEO<br />
$65.0 +3.2% African-American 1968 650 Manufacturer of plastic products<br />
$62.0 +17.0% African-American 1999 85 Auto dealership<br />
$43.0 +16.2% Hispanic 1970 125 Food manufacturer<br />
20,000<br />
0<br />
’97 ’02<br />
African-<br />
American<br />
Hispanic<br />
. . . and have higher payrolls<br />
$3.0<br />
million<br />
2.5<br />
Asian<br />
14<br />
BLACKWELL CONSULTING<br />
SERVICES INC.<br />
100 S. Wacker Drive, Suite 800,<br />
<strong>Chicago</strong> 60606<br />
(312) 553-0730; www.bcsinc.com<br />
Robert D.<br />
Blackwell Sr.<br />
Chairman, CEO<br />
$35.0 +12.9% African-American 1992 300 Management and information<br />
technology consulting<br />
2.0<br />
1.5<br />
1.0<br />
15<br />
LANDMARK FORD OF NILES<br />
6200 W. Touhy Ave., Niles 60175<br />
(847) 647-2000; www.fordwarehouse.com<br />
Emir C. Abinion<br />
President<br />
CASH & CARRY GROCERIES INC. Arnulfo Vargas<br />
16 2844 W. Armitage Ave., <strong>Chicago</strong> 60647<br />
President<br />
(773) 486-5403<br />
$33.1 +2.2% Asian 1992 57 Automobile dealership<br />
$30.1 -1.1% Hispanic 1982 26 Wholesale grocers and<br />
cigarette distributors<br />
All Crain’s lists and directories are<br />
available at <strong>Chicago</strong><strong>Business</strong>.com/lists. Continued on Page 40<br />
0.5<br />
0<br />
’97 ’02<br />
African-<br />
American<br />
Hispanic<br />
Note: Asian includes Pacific Islander and Hawaiian<br />
Source: U.S. Census Bureau<br />
Asian
40 SEPTEMBER 12, 2005 • CRAIN’S CHICAGO BUSINESS FOCUS: SMALL BUSINESS<br />
CRAIN’S LIST CHICAGO’S LARGEST MINORITY-OWNED FIRMS Continued from Page 39<br />
17<br />
18<br />
19<br />
Firm<br />
Address/phone/Web address Top executive 2004<br />
LOOP CAPITAL MARKETS LLC<br />
200 W. Jackson Blvd., 16th floor, <strong>Chicago</strong> 60606<br />
(312) 913-4900; www.loopcap.com<br />
HIGHLAND PARK FORD SALES INC.<br />
1333 Park Ave. West, Highland Park 60647<br />
(847) 433-7200; www.highlandparkford.com<br />
JOLIET DODGE INC.<br />
2617 W. Jefferson St., Joliet 60435<br />
(815) 729-3343; www.jolietdodge.com<br />
James Reynolds Jr.<br />
Chairman, CEO<br />
Carl Statham<br />
President<br />
Carl D. Dukes<br />
President<br />
Revenues (in millions)<br />
% change<br />
from 2003<br />
Minority group<br />
of ownership<br />
Year<br />
founded<br />
No. of full-time<br />
employees<br />
worldwide<br />
2004 Description of business<br />
$30.0 +11.1% African-American 1997 80 2 Investment bank<br />
$28.1 -1.9% African-American 1998 53 Auto sales and service<br />
$26.0 -25.7% African-American 1989 49 Automobile dealership<br />
ENVIRONMENTAL SYSTEMS DESIGN INC. Raj P. Gupta<br />
20 175 W. Jackson Blvd., Suite 1400, <strong>Chicago</strong> 60604<br />
President<br />
(312) 372-1200; www.esdesign.com<br />
$25.5 NC Asian 1967 186 Consulting engineering services<br />
SEAWAY NATIONAL BANK OF CHICAGO Walter E. Grady<br />
21 645 E. 87th St., <strong>Chicago</strong> 60619<br />
President, CEO<br />
(773) 487-4800; www.seawaybank.us<br />
21<br />
INNOVATIVE SYSTEMS GROUP INC.<br />
799 Roosevelt Road, Bldg. 4, Suite 109, Glen Ellyn 60137<br />
(630) 858-8500; www.innovativesys.com<br />
Joselito C. Salas<br />
President, CEO<br />
$24.9 +5.1% African-American 1965 240 Commercial bank<br />
$24.9 -5.0% Asian 1991 202 Information technology, project management<br />
consulting<br />
BURRELL COMMUNICATIONS GROUP LLC Fay Ferguson,<br />
$22.0 +4.8% African-American 1971 131 Marketing communications<br />
23 233 N. Michigan Ave., Suite 2900, <strong>Chicago</strong> 60601<br />
McGhee Williams-Osse<br />
(312) 297-9600; www.burrell.com<br />
Co-CEOs<br />
ALL MASONRY CONSTRUCTION CO. INC. Luis Puig Sr.<br />
24 1414 W. Willow St., <strong>Chicago</strong> 60622<br />
President<br />
(773) 489-1280; www.allmasonry.com<br />
$21.8 -25.1% Hispanic 1959 100 Masonry construction<br />
25<br />
UNITED BUILDING MAINTENANCE INC. James S. Cabrera<br />
165 Easy St., Carol Stream 60188<br />
President, CEO<br />
$20.1 +21.1% Hispanic 1979 850 Janitorial cleaning, facility maintenance<br />
(630) 653-4848; www.ubm-usa.com<br />
*Includes companies that are at least 51% <strong>owned</strong> and operated by a <strong>minority</strong>. Crain’s estimate shown in gray. NC: No change. NM: Not measurable. 1. 2003 revenues represent only three months of business. 2. Data provided by Black Enterprise Magazine.<br />
Research by Katrina Fenrick and Kathryn Peterson
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