RGBSI named 2013 “Fast 50 Asian American Business” by USPAACC
GARDEN GROVE, CALIFORNIA – RGBSI was recently named a 2013 “Fast 50 Asian American Business” by the US Pan Asian American Chamber of Commerce (USPAACC). RGBSI's Ravi Kumar accepted the award during the CelebrAsian Procurement Opportunity Conference at the Hyatt Regency Orange County in Garden Grove, California.
The “Fast 50 Asian American Business” award recognizes high-revenue generating, fast growing Asian American controlled businesses. In the last fiscal year, the USPAACC’s Fast 50 Asian American Businesses generated almost $4 billion in revenue with up to a 205% growth rate. RGBSI joined the ranks among businesses from a wide variety of industries, including supply chain management, healthcare, professional staffing, food wholesale, IT, green energy, and more.
To qualify for the award, a company must be at least 51 percent owned, controlled, and managed by one or more Asian Americans with at least $1 million in annual revenue in the immediate past three fiscal years of operation. Each qualifying company is ranked based on the percentage revenue growth over three years, with the finalists independently verified by Ernst and Young.
“USPAACC is proud to recognize and showcase the continued robust and steady growth in Asian American owned businesses across industries especially amid tepid economic times,” said Susan Au Allen, USPAACC National President and CEO. “Our Fast 50 Asian American Businesses continue to buck the trend and are shining testaments to the added value which innovation, hard work, and perseverance bring to the market.”
USPAACC’s CelebrAsian Conference is the largest annual business conference in the United States. Designed for Asian American and other minority suppliers to connect with procurement officers and buyers from Fortune 1000 corporations, government agencies, and major non-profit organizations, the conference attracted more than 680 participants from 150 Asian American businesses, 70 Fortune corporations, 20 government agencies, and 8 media partners.
The USPAACC helps connect minority-owned businesses with contracting opportunities, growth industries, and best practices to thrive in the global marketplace.
For more information regarding USPAACC or the Fast 50 Asian American Business award, contact JP Torres USPAACC PR/Communications Director at jptorres@uspaacc.com.
