HispanicBusiness

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's a look at the Texas-based companies on the list.

The Top 20 Texas companies in the 2008 Hispanic Business 500 Ranking produced revenues of, $3.98 billion and employed 14,617 people in 2007. International Bancshares Corp. heads the list, with 2007 revenues of, $808.94 million. IBOC, managed by CEO Dennis Nixon, saw revenue increase 2.91% from 2006. The company now employs more than 3,500 people. Overall, 16 of the 19 Texas companies that also reported 2006 revenue amounts saw an increase in revenue from 2006-2007, led by Pinnacle Technical Resources, up a whopping 233.33%.

Texas Top 20

Overall Rank, Company Name, 2007 Revenue
6. International Bancshares Corp., $808.94 million
7. Ancira Enterprises Inc., $691.26 million
19. Fred Loya Insurance, $319.80 million
21. G&A Partners, $295.76 million
30. Paramount Auto Group, $200.91 million
31. Sun Holdings LLC, $200.00 million
37. Paul Young Company, $176.34 million
47. Thos. S. Byrne Ltd., $150.00 million
50. Diamond P Enterprises Inc., $143.22 million
51. Pinnacle Technical Resources, $140.00 million
63. MEI Technologies Inc., $115.00 million
64. USA Logistics Carriers LLC, $111.02 million
65. The Plaza Group Inc., $111.00 million
68. Goodman Networks Inc., $104.50 million
79. The Alamo Travel Group, $87.00 million
83. Solvents & Chemicals Inc., $76.00 million
93. Falcon International Bank, $65.10 million
95. Paz Energy LLC, $65.00 million
101. Varela Auto Group LLC, $61.54 million
105. Love Chrysler Inc., $57.50 million