USHCC recognizes corporate partners for their significant investments with Hispanic businesses

News provided by

United States Hispanic Chamber of Commerce

Sep 18, 2012, 05:44 ET

WASHINGTON, Sept. 18, 2012 /PRNewswire-USNewswire/ -- The United States Hispanic Chamber of Commerce (USHCC) is proud to announce that 39 outstanding corporations were recognized during the Million Dollar Club breakfast on Tuesday, September 18th at the 33rd Annual National Convention in Los Angeles.

The Million Dollar Club was introduced as a way to honor corporations and procurement executives who have demonstrated unwavering support for Hispanic Business Enterprises (HBEs) through spending with Hispanic suppliers. This year's honorees, which included several Fortune 500 Companies, invested a minimum of $25 million to upward of $1 billion in 2011.

$25M - $50M category winners

  • Enterprise Holdings
  • American Honda Motor Co., Inc.
  • Merck
  • MGM Resorts International
  • Sodexo
  • Wellpoint

$50M - $75M category winners

  • 7-Eleven, Inc.
  • BMW of North America, LLC
  • Shell Oil Company
  • UPS

$75M - $100M category winners

  • BASF
  • Kaiser Foundation Healthplan Inc 
  • MillerCoors Brewing Company
  • NBCUniversal

$100M - $250M category winners

  • Alcatel – Lucent
  • IBM Corporation
  • Kraft Foods
  • Marriott International Inc.
  • Pfizer
  • Target
  • The Coca-Cola Company
  • Wells Fargo

$250M - $500M category winners

  • Bank of America
  • General Electric
  • General Motors Company, LLC
  • Hewlett - Packard
  • Johnson & Johnson
  • JPMorgan Chase & Co
  • PepsiCo
  • Southern California Edison
  • Southern California Gas Company
  • Sprint Nextel Corporation
  • SUPERVALU Inc.
  • The Kroger Company
  • Toyota Motor North America
  • Verizon

$500M category winners

  • AT&T
  • Avis Budget Group
  • Ford Motor Company

"The 2012 Million Dollar Club inductees truly understand the value of supplier diversity, and believe in the importance of integrating HBEs into their overall business practices," says Javier Palomarez, USHCC President & CEO. "These corporations have mastered strategic sourcing and procurement policies and have increased opportunities for first- and second-tier Hispanic suppliers around the nation. Their procurement decisions are helping drive small business in America."

​About the USHCC 33rd Annual National Convention:
The USHCC Annual National Convention is the largest gathering of Hispanic business leaders in America. Held on September 16-18, 2012 in Los Angeles, CA at the JW Marriott L.A. LIVE, the 33rd Annual National Convention features several awards banquets, networking receptions and business development workshops, bringing together over 5,000 Hispanic business owners, corporate executives, chamber leaders and public officials.

The USHCC is proud to present Corporate Convention Chair, Wells Fargo and HBE Convention Chair, Liberty Power.  For more information about the Convention and a full schedule of events, please visit www.ushcc.com/convention.

About the United States Hispanic Chamber of Commerce:
Founded in 1979, the USHCC actively promotes the economic growth and development of Hispanic entrepreneurs and represents the interests of over 3 million Hispanic-owned businesses in the United States that combined generate in excess of $465 billion annually. It also serves as the umbrella organization for more than 200 local Hispanic chambers in the United States and Puerto Rico. For more information, visit www.ushcc.com. 

SOURCE United States Hispanic Chamber of Commerce

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