PSEG Long Island Hosts Inaugural Supplier Diversity Fair

More than 250 businesses come together for a common goal

News provided by

Apr 28, 2016, 01:08 ET

UNIONDALE, N.Y., April 28, 2016 /PRNewswire/ -- PSEG Long Island today hosted its inaugural Supplier Diversity Procurement Fair, connecting Long Island's diverse business community with PSEG Long Island, Business Advocacy Organizations and Corporate Partners.

PSEG Long Island connects with Long Island's diverse business community, Business Advocacy Organizations and Corporate Partners at its successful first annual Supplier Diversity Procurement Fair.

"PSEG Long Island collaborates regularly with new diverse suppliers that are best suited to help us achieve our company objectives and strong commitments to our customers, our communities and the State," said David Daly, PSEG Long Island president and COO. "The diversity fair was created to expand and advance our current pool of diverse suppliers through education and mentoring."

Today's event provided a unique opportunity for representatives from New York State Minority and Women's Business Enterprises (MWBE) to learn more about doing business with PSEG Long Island, meet one-on-one with state representatives to better understand the objectives of New York State's supplier diversity development efforts and an opportunity to meet other suppliers currently working with PSEG Long Island. PSEG Long Island's Supplier Diversity Program achieved record results in 2015, with more than $31.5 million of business directed at minority and women's companies.

Daly continued, "As we increase our investments making our infrastructure more reliable and resilient, we are also creating jobs and business opportunities for a diverse group of suppliers. Building a supplier list that represents our diverse customer base helps us accomplish more as partners than we could on our own."

"Doyle Security Services has enjoyed a great partnership-relationship with PSEG Long Island," said Mario Doyle, president of Doyle Security Services. "The team at PSEG Long Island has continually looked for ways to support our firm's growth."

Approximately, 300 people, representing more than 250 companies attended today's fair and participated in the workshops and networking sessions. Involvement of this magnitude will support PSEG Long Island's commitment to build on its robust list of diverse suppliers. From 2014 to 2015, the utility was able to increase its partnerships with 58 diverse suppliers to 123.

The event was co-sponsored by PSEG Long Island partners, the New York & New Jersey Minority Supplier Development Council, Inc., Division of Minority and Women's Business Development - Empire State Development Corp., Women Presidents' Educational Organization, and the Nassau County office of Minority Affairs. These organizations are committed to assisting small, minority, and women-owned businesses develop relationships with companies throughout the region.

PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a 12-year contract. PSEG Long Island is a subsidiary of Public Service Enterprise Group Incorporated (NYSE: PEG), a publicly traded diversified energy company with annual revenues of approximately $10.4 billion.