LBA Named to NC Diversity Top 50
GREENVILLE, NC, 18 February 2005 – In recognition of the economic power of multicultural businesses, DiversityBusiness.com the nations’ leading multicultural B2B online portal, named LBA Group, Inc. as one of the top 50 diversity-owned businesses in North Carolina.
The Div50 is the 5th annual listing of the State’s top 50 diversity-owned businesses. Ranging in revenue size from 2 million to over 50 million dollars, the companies listed on the Div50 represent the State’s top multicultural earners and challenge the long-held notion that a diversity-owned business is small or insignificant.
The Power of Diversity Business
It is no longer just “the right thing” to do business with diversity suppliers. Affected by recent economic and demographic trends and changes, corporations throughout the country are realizing that diversity in suppliers positively impacts their business. Diversity-owned businesses contribute over $1.4 trillion in sales to the U.S. economy.
“Diversity businesses are a growing force in the U.S. economy, and a force to be reckoned with,” said Kenton Clarke, CEO of DiversityBusiness.com. “It’s no longer only about the Fortune 500. This is a whole business segment that can carry its own, that provides jobs and valuable products and services, and generates wealth for their communities. These are the new leaders of American business.”
“LBA Group is honored to have been recognized, and particularly as the only company selected from Eastern North Carolina,” according to CEO Lawrence Behr. “This achievement is entirely due to the commitment and quality of our diversified staff from the Greenville – Washington area.”
The Div50 is a classification that represents the top 50 diversity-owned (women, Blacks, Hispanics, Asians, Native Indian and other minority groups) businesses in the U.S., in sectors such as technology, manufacturing, food service and professional services. Large organizational buyers throughout the country that do business with multicultural and women-owned businesses use the list. The Div50 is produced annually by DiversityBusiness.com, the nation’s leading multicultural B2B Internet portal that links large organizational buyers to multicultural product and service suppliers.
“Diversity business opportunities are a key to minority economic integration. We are proud to support President Bush’s Hispanic Business Caucus, the Carolinas Minority Supplier Development Council and other opportunity enabling groups,” stated Lawrence Behr.
“The Div50 companies are the heroes of diversity-owned business in America,” said Kenton Clarke. “While Fortune magazine lists the best companies for minorities to work for, we list the top businesses owned by minorities. These are the people that have conquered the hurdles and made the sacrifices, building and strengthening their communities, providing jobs and helping to keep the fabric of the U.S. economy together.”
The winning companies will be honored at a special awards ceremony at DiversityBusiness.com’s 5th Annual Multicultural Business Conference, taking place March 30, 31 & April 1, 2005 at the Foxwoods Resort in Mashantucket, Connecticut.
About LBA Group
The LBA Group, Inc. http://devlbagroup.com/ has over 40 years experience in providing telecommunication support for infrastructure assets of the wireless telecommunications industry. Through Lawrence Behr Associates, Inc., its RF Solutions™ portfolio includes RF hazard management and compliance, site management, interference and performance testing, AM detuning, and a range of other wireless industry maintenance and management services. Through LBA Technology, Inc., its antenna products are used by broadcasters and governments worldwide. The LBA Group companies are based in Greenville, North Carolina. Mr. Behr makes his home in Washington.