Four Washington-Based Companies Among the Nation's Top Grossing Black-Owned Businesses

BLACK ENTERPRISE Issues 33rd Annual Report on Black-Owned Businesses

NEW YORK, May 24 -- Four Washington-based companies are among the nation's 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.

Smokey Point Buick Pontiac GMC, based in Arlington, ranks No. 56 on the B.E. Auto list, up from No. 70 in 2004. The company reported sales of more than $50 million in 2004.

On the B.E. Asset Management list, Pugh Capital Management based in Seattle, ranks No. 15 with $894 million in assets under management.

Empire Ford, based in Spokane, moved up nine spots to No. 68 this year with $39 million in sales. Everett Chevrolet, with $35 million in sales, ranks No. 79 this year.

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 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.