News Column

The 2002 Hispanic Business Fastest-Growing 100 Companies

July/August 2002 HISPANIC BUSINESS Magazine

Composition/Performance by Industry



 Industry


Number of companies


2001 revenues* ($M)


% of total revenues


Revenue growth, 1997–2001


Service


47


$2,812.46


51.84%


$703.37


Wholesale


5


$1,219.49


22.48%


$123.83


Construction


30


$591.71


10.91%


$138.75


Automotive


3


$417.83


7.70%


$82.75


Manufacturing


6


$157.35


2.90%


$41.44


Finance


4


$128.72


2.37%


$15.38


Retail


4


$97.10


1.79%


$82.75


Transportation


1


$0.60


0.01%


$0.20


Total


100


$5,425.26


100%


356.50%

*Gross revenue is rounded. †Growth figures are based on actual revenues for accuracy.

© 2002 Hispanic Business Inc. Reprinting, copying, or transmitting all or part of this information requires written permission.

Top 10 Companies by Dollar Growth



Rank


Company


1997 revenues* ($M)


2001 revenues* ($M)


Increase ($M)


1


MasTec Inc.


$377.05


$1,220.00


$842.95


2


Brightstar Corp.


$14.00


$621.00


$607.00


3


Molina Healthcare Inc.


$116.00


$502.00


$386.00


4


Pharmed Group Corp.


$54.00


$389.10


$335.10


5


Lou Sobh Automotive


$65.43


$257.04


$191.61


6


Operational Technologies Corp.


$25.37


$172.64


$147.28


7


Gonzales Automotive Group Inc.


$14.60


$123.00


$108.39


8


Superior Design International Inc.


$15.00


$120.00


$105.00


9


TSN Inc.


$47.56


$141.39


$93.84


10


Somerset Capital Group Ltd.


$9.07


$90.20


$81.13




Total


$738.08


$3,636.37


$2,898.29


*Gross revenue figures are rounded.

© 2002 Hispanic Business Inc. Reprinting, copying, or transmitting all or part of this information requires written permission.

Top 10 Companies by Employment Growth



Rank


Company


1997 staff*


2001 staff*


Growth


1


North Wind Environmental Inc.


1


107


10,600.00%


2


Brightstar Corp.


4


400


9,900.00%


3


Sterling Financial Group of Companies


3


250


8,233.33%


4


Navarro Research & Engineering Inc.


3


150


4,900.00%


5


SEI Group Inc.


2


51


2,450.00%


6


Trevino & Associates Mechanical Inc.


12


278


2,216.67%


7


WR Chavez Construction Inc.


25


400


1,500.00%


8


Correa Electrical Contractors Corp.


3


39


1,200.00%


9


The Cube Corp.


70


864


1,134.29%


10


Dialtone Internet Inc.


5


60


1,100.00%


Note: Limited to companies that submitted employment figures for 1997 & 2000.

*Not including leased or temporary employees.

© 2002 Hispanic Business Inc. Reprinting, copying, or transmitting all or part of this information requires written permission.

Statistical Composite: Typical Fastest-Growing Company



Five-year sales growth


392.68%


Company age


13.17 years


Number of employees in 1997


142


Number of employees 2001


249


Revenues in 1997


$11.23 million


Revenues in 2001


$54.26 million


Per-employee productivity in 1997


$78,891


Per-employee productivity in 2001


$217,839

© 2002 Hispanic Business Inc. Reprinting, copying, or transmitting all or part of this information requires written permission.



Fast-Growth Job Creation by State



State


1997 staff*


2001 staff*


Job creation


Growth rate


Florida


9,699


12,213


2,514


25.9%


Texas


1,184


3,100


1,916


161.8%


California


1,109


2,595


1,486


134.0%


Virginia


105


1,011


906


862.9%


New Jersey


321


1,180


859


267.6%


*Does not include leased or temporary employees. Some companies did not report changes in staff for 1996–1997 and 2000–2001.



© 2002 Hispanic Business Inc. Reprinting, copying, or transmitting all or part of this information requires written permission.



Source: HISPANIC BUSINESS Magazine


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