with majority-owned leviathans, and many black investment banks ventured into asset management and private equity as a means of generating new sources of fee income.
Despite tough competition and an unpredictable economy, the BE 100S remains resilient. In boxing, as in business, the only way to remain a champion is to train relentlessly, re-examine your fighting strategy, and never give up. On the following pages, you will find examples of companies that embrace this philosophy.
Industrial/Service Eligibility
A company must be at least 51% black-owned and have been fully operational for the previous calendar year (Jan. 1, 2005 through Dec. 31, 2005). Companies listed must manufacture or own the products they sell or provide industrial or consumer services. (Brokerages, real estate firms, and firms that provide professional services, such as accounting firms and law offices, are not eligible.)
TOP 10 SALES GROWTH LEADERS
| Company | Location | 2005 Sales* | 2004 Sales* | % Increase |
| TAG Holdings L.L.C. | Troy, MI | $340.000 | $103.000 | 230.10 |
| The Peebles Corp. | Coral Gables, FL | 449.658 | 202.925 | 121.59 |
| Capsonic | Elgin, IL | 68.000 | 37.000 | 83.78 |
| RLJ Development L.L.C. | Bethesda, MD | 168.100 | 92.200 | 82.32 |
| CAMAC International Corp. | Houston, TX | 1,490.000 | 987.000 | 50.96 |
| Q3 Industries Inc. | Columbus, OH | 70.000 | 47.000 | 48.94 |
| On-Target Supplies & Logistics Ltd. | Dallas, TX | 37.000 | 24.991 | 48.05 |
| Eagle Group International Inc. | Atlanta, GA | 141.000 | 98.000 | 43.88 |
| Beauchamp Distributing Co. | Compton, CA | 83.400 | 59.700 | 39.70 |
| Barden Cos. Inc. | Detroit, MI | 519.000 | 372.000 | 39.52 |
*IN MILLIONS OF DOLLARS. AS OF DEC. 31. PREPARED BY B.E. RESEARCH.
REVIEWED BY THE CERTIFIED PUBLIC ACCOUNTING FIRM EDWARDS & CO.
TOP 10 EMPLOYMENT LEADERS
| Company | Location | Employees | Sales* | Employee To Sales Ratio |
| MV Transportation Inc. | Fairfield, CA | 9,163 | $373.486 | 1:41 |
| Manna Inc. | Louisville, KY | 6,250 | 203.200 | 1:33 |
| Barden Cos. Inc. | Detroit, MI | 4,100 | 519.000 | 1:127 |
| V and J Holding Cos. Inc. | Milwaukee, WI | 3,500 | 90.000 | 1:26 |
| The Bartech Group Inc. | Livonia, MI | 3,258 | 198.000 | 1:61 |
| Thompson Hospitality | Herndon, VA | ALIGN=”MIDDLE”>2,800 | 188.000 | 1:67 |
| The Gourmet Cos. | Atlanta, GA | 2,000 | 170.000 | 1:85 |
| H.J. Russell & Co. | Atlanta, GA | 1,871 | 316.944 | 1:169 |
| Radio One Inc. | Lanham, MD | 1,830 | 371.134 | 1:203 |
| RS Information Systems Inc. | McLean, VA | 1,800 | 360.000 | 1:200 |
*IN MILLIONS OF DOLLARS. AS OF DEC. 31. PREPARED BY B.E. RESEARCH.
REVIEWED BY THE CERTIFIED PUBLIC ACCOUNTING FIRM EDWARDS & CO.
INDUSTRIAL/SERVICE SUMMARY
| Â |
2005 |
2004 |
% Change |
| Total Staff | 73,181 | 70,569 | 3.70 |
| Total Sales* | $17,245.398 | $14,292.871 | 20.66 |
*IN MILLIONS OF DOLLARS. AS OF DEC. 31. PREPARED BY B.E. RESEARCH.
Â
FINANCIAL SERVICES FIRMS
FINANCIAL SERVICES SUMMARIES
Top 25 Banks
| Â |
2005 |
2004 |
% Change |
| Number of Employees | 1,851 | 2,015 | -8.14 |
| Assets* | $5,332.981 | $5,076.958 | 5.04 |
| Capital* | $438.570 | $427.021 | 2.70 |
| Deposits* | $4,307.745 | $4,098.706 | 5.10 |
| Loans* | $3,629.152 | $3,449.778 | 5.20 |
Top 10 Private Equity Firms
| Â |
2005 |
2004 |
% Change |
| Number of Employees | 98 | 90 | 8.89 |
| Capital Under Management* | $3,976 | $3,134 | 26.87 |
| Number of Funds | 49 | 29 | 68.97 |
| Total No. of Portfolio Companies | 250 | 272 | -8.09 |
Top 15 Asset Management Firms
| Â |
2005 |
2004 |
% Change |
| Number of Employees | 382 | 371 | 2.96 |
| Assets Under Management* | $77,455 | $73,331 | 5.62 |
Top 10 Investment Banks
| Â |
2005 |
2004 |
% Change |
| Number of Employees | 381 | 398 | -4.27 |
| Total
|