Ford, Michigan Hispanic Chamber Generate Business for Minority Suppliers
1 September 2000
Ford, Michigan Hispanic Chamber Generate Business for Minority SuppliersSOUTHFIELD, Mich., Aug. 31 Ford Motor Company and the Michigan Hispanic Chamber of Commerce today are hosting a networking seminar that will link together 150 Detroit area majority and minority suppliers. The daylong seminar -- held at the Westin Hotel here -- is a way to generate business for minority suppliers. "This event is about the economic empowerment of minority communities," said Carlos Mazzorin, group vice president, Global Purchasing and South America, Ford Motor Company. "It's important that minorities buy from other minorities who turn around and put the money back into minority communities." This is the fourth networking seminar hosted by Ford in the last year. "Ford held similar seminars in Chicago in 1999 and in St. Louis and Cleveland earlier this year that were very successful," said Rich Honecker, Ford's executive director of Global Facilities, Materials and Services Purchasing. "The feedback we received from participants in the other seminars indicated that each seminar generated about $15 to $20 million of new business to minority suppliers." In total, each minority-owned company will have the opportunity to present itself to 54 potential customers during the seminar. The event's goal is to draw 900 formal sales calls in the 30 days following the seminar. Ray Jensen, director of Ford's Minority Supplier Development Office, said after Detroit, a networking seminar is planned for Atlanta in the fall. "Ford purchases more than $3.3 billion a year of goods and services from minority-owned businesses making our program the largest in the country," Jensen said. "The networking seminars help elevate Ford's program beyond simply being a good customer. We also want to be good corporate citizens, and these seminars help us meet this objective." Ford suppliers from the Detroit area that will participate in the seminar include ASG Renaissance, Mexican Industries, Gonzalez Design Group and Ideal Steel.