News Column

Texas' Top 20 Hispanic-Owned Companies

Sept. 24, 2009

Hispanic Business Media Staff

Texas' Top 20 Hispanic-Owned Companies

The Hispanic Business 500 has served as a barometer of the U.S. Hispanic economy for more than 25 years. We believe that applying our criteria on a statewide level can yield interesting results for our readers. Here, we take a closer look at the HB 500 companies in Texas.

The Top 20 Texas companies in the 2009 Hispanic Business 500 Ranking produced revenues of $3.91 billion and employed 17,015 people in 2008. While the revenue figure was down slightly from the $3.98 billion generated in 2007, the employee figure jumped way up from the 14,617 employed by the Texas top 20 in 2007.

International Bancshares Corp. once again heads the list, with 2008 revenues of $754.41 million. Fourteen of the twenty companies saw their revenues increase from 2007-2008, led by Goodman Networks, based in Plano, which saw revenues jump an impressive 112.5%, from $104 million in 2007 to $221 million in 2008.

Texas Top 20

Overall Rank / Company Name / 2008 Revenue
6. International Bancshares Corp. / $754.41 million
9. Ancira Enterprises Inc. / $531.45 million
18. Fred Loya Insurance / $347.86 million
19. G&A Partners / $339.07 million
27. Goodman Networks Inc. / $221.00 million
29. Sun Holdings LLC / $190.00 million
30. Pinnacle Technical Resources / $190.00 million
39. Thos. S. Byrne Ltd. / $158.00 million
41. USA Logistics Carriers LLC / $154.17 million
45. Paul Young Company / $141.93 million
51. The Plaza Group Inc. / $130.00 million
53. The Alamo Travel Group / $127.00 million
57. MEI Technologies Inc. / $118.00 million
72. Azteca-Omega Group / $87.53 million
76. SolvChem Inc. / $81.20 million
77. Diamond P Enterprises Inc. / $78.92 million
78. Genesis Networks Enterprises LLC / $76.34 million
81. Falcon International Bank / $72.00 million
100. Asset Protection & Security Services Inc. / $57.38 million
105. Varela Auto Group LLC / $53.50 million



Source: HispanicBusiness.com (c) 2009. All rights reserved.