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      *Black Enterprise (BE) magazine announces the nation's top-grossing black-owned businesses as listed in the publication's 35th annual BE 100s report, on newsstands now.      

      The cornerstone of the publication's June issue, this comprehensive analysis includes a total of 275 businesses: 100 industrial/service companies, 100 auto dealerships, 60 financial services firms, and 15 advertising agencies.     

      When BE first compiled its top 100 in 1973, combined sales for the 100 component companies totaled $473 million. Today, the top 100 African American industrial/service companies and 100 leading auto dealers -- the core of the BE 100s report -- collectively grossed more than $27 billion.      

      Several companies reached new milestones. World Wide Technology Inc., No. 1 on the BE Industrial Service 100 list, continues its prominence as the nation's top-grossing black-owned business. This year the Maryland Heights, Missouri-based reseller of IT products and services becomes the first company to surpass the $2 billion sales mark since TLC Beatrice International Holdings Inc. did so in 1996.      

      In addition, two other companies exceeded $1 billion in revenues. CAMAC International Corp., a Houston-based crude oil, gas exploration, and production and trading company reported sales of $1.6 billion. CAMAC ranks No. 2 on the BE Industrial Service 100 for the fourth consecutive year. Led by CEO Gregory Jackson, Prestige Automotive reported total sales $1.5 billon, making it No. 1 on the BE Auto Dealers 100. Located in St. Clair Shores, Michigan, Prestige continues to thrive despite Detroit's downturn, posting outstanding sales of Ford, Lincoln, Mercury, GM, Saturn, and Mercedes-Benz vehicles.

      Top-grossing companies on additional BE 100s lists include the following:

    BE ADVERTISING AGENCY: GlobalHue, Southfield, MI ($550 million in billings)

    BE BANK: Carver Federal Savings Bank, New York, NY ($765 million in assets)

    BE INVESTMENT BANK:  The Williams Capital Group L.P., New York, NY ($142 billion in total managed issues)

    BE ASSET MANAGER: EARNEST Partners, Atlanta, GA ($26 billion in assets under management)

    BE PRIVATE EQUITY FIRM: Fairview Capital Partners Inc., Farmington, CT($2.4 billion in capital under management)