LBA Group Inc. again earns distinction as a top minority-owned business in the United States
GREENVILLE, NC May 22, 2011 – LBA Group Inc. continues to be ranked highly among minority-owned businesses in North Carolina and the United States. In the latest survey, the Greenville telecommunications company is ranked 25th in the listing of the top 50 minority-owned enterprises in the state and 334th in the listing of the top 500 Hispanic American-owned businesses in the nation.
The rankings are by DiversityBusiness, which is the nation’s largest organization of minority-owned companies doing business with Fortune 1000 firms, government agencies and universities.
Numbers can be deceiving, but consistency is telling. In this case, LBA’s elevated year-by-year ranking tells a story of enduring small business success on an international scale.
“LBA is honored to be recognized again,” says Lawrence Behr, company founder and CEO. “This achievement stems from the commitment and excellence of our diversified team and its success in meeting the economic challenges of this era.”
LBA is in good company in the rankings. Topping the national list is Group O Inc., a resource optimization company in Illinois that introduced workplace efficiencies to AT&T, Microsoft and many other companies. A handful of North Carolina companies on the national list include USfalcon Inc., an IT and systems engineering company based in Morrisville that supports the U.S. Department of Defense.
Behr founded his company in 1963 after being attracted as a teenager to the realm of broadcast engineering. First hiring out his skills, the young Behr soon discovered an affinity for business decision-making and formed his own company.
Today, LBA Group, Inc is comprised of two divisions: (1) LBA Technology, which manufactures and distributes systems and components for the transmission and control of radio frequency energy; its customers are radio broadcasters, wireless carriers, military organizations, laboratories and health care centers; and (2) Lawrence Behr Associates, Inc., which provides radio frequency consulting services to clients in the homeland security, wireless, and mining industries.
LBA Group is multicultural in its heritage—Behr’s father was a native of Mexico—and its business outlook is global. The company is deeply involved in telecommunications projects on every continent—from Europe to the Middle East and Africa and across the entire length of South America.
LBA Group and the other 499 honored companies were recognized at the DiversityBusiness.com’s Multicultural Business Conference in Washington, D.C.