However, there is no more Johnson Publishing Company, Johnson Hair Products, Soft Sheen Hair Products, Independence Bank, Seaway Bank, Highland Bank, Sayers Group, LLC., Al Johnson Cadillac, Brooks Sausage Company, Sengstacke Enterprises, Travis Realty, R.L. Dukes Oldsmobile or Harpo Studios in Chicago. As Black businesses left Chicago, unemployment for Black people sky-rocketed and violence has exploded.
Chicago now has more Black elected officials than any big city in America, including three previous U.S. Senators and the first Black President of the U.S. This has not translated into lower Black unemployment rates, improved Black schools, lessened Black incarceration rates, better housing and healthcare options, nor has it helped to reduce violence among Black youth.
Black America lost between 1/2 trillion and one trillion dollars during the recent mortgage foreclosure debacle between 2007 and 2011. Black Chicago and all of Black America were decimated! Any solution that does not work to put that lost one trillion dollars back into the pockets of Black Americans is no solution at all.”
20 Top Black Businesses in the U.S. 2016
(Listing from the October 2016 Black Enterprise Magazine)
Sales in Rank Name of Company City/State Staff millions
1 | World Wide Technology Inc. | St. Louis, MO | 4,000 | 7,500.00 |
2 | ACT-1 Group | Torrance, CA | 2,600 | 2,400.00 |
3 | Bridgewater Interiors L.L.C. | Detroit, MI | 2,000 | 2,100.00 |
4 | Modular Assembly Innovations L.L.C. | Dublin, OH | 320 | 1,213.81 |
5 | Piston Automotive L.L.C. | Redford, MI | 563 | 930.8 |
6 | Manna Inc. | Louisville, KY | 18,000 | 814 |
7 | The Anderson-DuBose Co. | Lordstown, OH | 501 | 648.708 |
8 | Thompson Hospitality Corp. | Reston, VA | 4,950 | 560 |
9 | Radio One Inc. | Silver Spring, MD | 962 | 450.861 |
10 | Global Automotive Alliance L.L.C. | Detroit, MI | 1,508 | 415.4 |
11 | Millennium Steel Service L.L.C. | Princeton, IN | 61 | 287.888 |
12 | Fair Oaks Farms L.L.C. | Pleasant Prairie, WI | 250 | 258.487 |
13 | H. J. Russell & Co. | Atlanta, GA | 1,340 | 241.95 |
14 | Adams Communication & Engineering Technology Inc. | Waldorf, MD | 700 | 232.081 |
15 | Hightowers Petroleum Co. | Middletown, OH | 39 | 232 |
16 | Millennium Steel of Texas | San Antonio, TX | 74 | 209.195 |
17 | TV One L.L.C. | Silver Spring, MD | 115 | 184 |
18 | Baldwin Richardson Foods Co. | Oakbrook Terrace, IL | 298 | 182.184 |
19 | Health Resources Inc. | Owings Mills, MD | 72 | 171.765 |
20 | The Gourmet Cos. | Atlanta, GA | 1,100 | 170 |
Click Here to See Full Report on 100 Top Black Businesses in U.S. in 2016