Black Enterprise

TLC Beatrice International Holdings remained the largest African-American-owned firm in the United States in 1992, followed by Chicago-based Johnson Publications, Black Enterprise Magazine reported Wednesday in its annual survey of the nation’s black-owned companies. Among the magazine’s rankings of the largest industrial, auto, and insurance and financial services firms were the 19 California companies listed here. (Revenue is in millions of dollars; assets are used instead of revenue for financial institutions.) INDUSTRIAL FIRMS (RANKED BY REVENUE)

1992 Rank Company Location Type of Business 10 Cross Colours Los Angeles Apparel maker 22 Surface Protection Los Angeles Paint, specialties 35 Beauchamp Distrib. Compton Beverage distrib. 57 Westside Distrib. Southgate Beer, snack distrib. 57 African Development Los Angeles African commodities, Public Investment Corp. air charters 62 Dick Griffey Los Angeles Entertainment Productions 78 J. E. Ethridge Constr. Fresno Construction 97 Advanced Consumer Mktg. Burlingame Telecommunications

1992 Rank Revenue 10 $89.0 22 46.0 35 40.2 57 37.1 57 25.5 62 24.2 78 17.3 97 12.4

AUTO FIRMS (RANKED BY REVENUE)

Rank Company Location Revenue 2 Shack Woods & Assoc. Long Beach $254.6 4 Peninsula Pontiac-Oldsmobile Torrance 128.9 43 Chino Hills Ford Sales Chino 23.0 61 Pasadena Lincoln-Mercury Pasadena 19.5 66 Red Bluff Ford-Mercury Red Bluff 18.3 74 West Covina Lincoln-Mercury West Covina 17.1 85 Mission Blvd. Lincoln-Mercury Hayward 15.3 87 Pittsburg Ford Inc. Pittsburg 14.9

FINANCIAL SERVICES (RANKED BY ASSETS)

Rank Company Location Revenue 5 Family Savings Bank Los Angeles $140.3 18 Founders National Bank Los Angeles 74.2

INSURANCE (RANKED BY ASSETS)

Rank Company Location Revenue 3 Golden State Mutual Life Ins. Los Angeles $105.0

Source: Black Enterprise magazine