SOURCE: Hispanic Business

June 07, 2005 12:31 ET

June 2005 Issue of Hispanic Business Presents the Top 500 Hispanic-Owned Companies

SANTA BARBARA, CA -- (MARKET WIRE) -- June 7, 2005 -- This month's special issue of Hispanic Business magazine is devoted to growing companies. Hispanic Business reports that as a whole, the 500 largest Hispanic-owned companies report strong growth in 2004, but a handful of firms account for nearly all the new revenues. While the 500 have cumulative revenues of $30.26 billion, the top 100 companies account for more than three fourths of that total, and the percentage has grown every year since 2000. The rich really are getting richer.

While congratulating the "winners" in this tough economy, Hispanic Business Magazine's editor and publisher, Jesús Chavarría, says that looking at the list from the bottom up gives cause for concern. "When Hispanic Business started the 500 directory 21 years ago, the idea was to measure growth. Over time, you would expect the whole list to grow -- large companies, mid-size companies, and small companies. And it worked that way, until a few years ago," explains Chavarría. "But in the last few years, the largest companies have grown at full gallop while the smallest companies have stagnated."

Top companies include those in real estate (pg. 32); healthcare (pg. 40); private equity (pg. 80); construction (pg. 84); automotive (pg. 92); manufacturing (pg. 94); and retail (pg. 96).

Complete coverage of the top 500 companies starts on page 26. The definitive 2005 directory and index begins on page 44.

Dark Dollar Signs.... In the quarterly economic outlook, Hispanic Business reports that the U.S. currency is on the decline amid troubling financial indicators (pg. 22).

Raising the Bar.... HireDiversity, the monthly feature of Hispanic Business that offers analysis and advice relating to recruitment and career development (www.hirediversity.com) reports that the legal profession offers powerful new opportunities as law firms look to increase diversity recruitment (pg. 104).

In Every Issue.... Be sure to peruse these essential monthly features: HispanTelligence report (pg. 12); Washington Insider (pg. 14); and The Informant: News, trends, and numbers in the U.S. Hispanic economy (pg. 16).

About Hispanic Business Inc.

Now celebrating a quarter century as an award-winning publishing and information services company, Hispanic Business Inc. is the nation's leading source of information for and about Hispanic professionals and entrepreneurs. Hispanic Business magazine is the company's flagship publication, and other products and educational services include: SúperOnda magazine, HireDiversity.com, and Hispanic Business Events including EOY (Entrepreneur of the Year) Awards Gala, Hispanic Business BOE (Board of Economists) U.S. Hispanic Economic Summit, and WOY (Woman of the Year).

Hispanic Business® is a registered trademark of Hispanic Business Inc.© 2005 Hispanic Business Inc. All rights reserved.

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