Thursday, May 25, 1989 - THE CHARLOTTE POST - Page 3A
ON THE
^ONEY
iKfc ^
with Lisa Collins
Toyota Takea The Lead In Efforts To Soothe Tensions With The
Minority Business Community: The issue of the recent tensions
between blacks and Japan was raised at the 20th Japan-
Amerlcan Conference of Mayors recently held In Los Angeles.
Said Yuklyasu Togo, president and chief executive of Toyota Mo
tor Sales USA Inc., "as we all know, there has unfortunately been
tension between the United States and Japan on minority Issues.
Considering this, Toyota has taken the lead among Japanese
companies*in an effort to Improve the situation." With that Togo
said that Toyota Is providing scholarships to the United Negro
College Fund as well as beefing up Its efforts to do more business
with minority suppliers. Summed Togo, "we recognize our re-
^pnslblllty to minorities as an important part of American so
ciety."
Llewellyn Links Up With Coois Beer: Top black businessman J.
Bruce Llewellyn Is making business news again with his most re
cent appointment to the board of directors of Adolph Coors Co.
Llewellyn, who was Just In the news for his part In the $420 mil
lion purchase of the New York Times Cable TV Network, owns the
Philadelphia Coca-Cola Bottling Company (the nation's thlrd-
largest black-owned firm). Many saw the appointment as a po
litical one on the part of Coors, which has had its share of prob
lems with the minority community, dating back to 1984 when a
boycott was called after Chairman William Coors made some
statements the NAACP deemed racist. Despite this, a spokesman
for the company contends that while they are receptive to the
concerns of the minority community, Llewellyn was chosen
strictly for his credentials.
Marshall-Poorest High Court Justice: Financial disclosure
forms released by the Supreme Court reveal that black Justice
Thurgood Marshall had the least amount of assets of the high
court Justices. In fact, Marshall listed his 1988 personal assets
between $50,000 to $100,000. Of course, this Is aside from his
annual salary of more than $110,000. The reports reveal not
only their 1988 assets, but any outside Income, as well as gifts.
According to the report, Marshall was advanced $100,000 to
write his autobiography, but returned the money up)on his deci
sion not to write the book. Also noted on the report was a gift,-a
$2,500 Steuben glass piece to Marshall from the Judicial Friends
of New York City.
America's fastest-rising black entrepreneurs: Black Enter
prise's latest annual listing of the top 100 black-owned Industrial
and service companies reveals that blacks are experiencing not
able success In non-traditlonal business fields. In fact, a majori
ty of those companies appearing on the list for the first time are
those branching out Into high-technology fields. Though Stanley
Scott of Crescent Distributing Company based In New Orleans
took the highest position of any company appearing on the list
for the first time, bowing In at number 12, with annual sales top
ping $45 million, many of the companies recognized are compet
ing In non-tradltlonal markets for black companies.
; WHEN THESE PEOPLE INSTALL
HIGH EFFICIENCY HEAT PUMPS^
DUKE POWERGUARANTEES
YOU'LL Be COMFORTABLE.
Mechanics And
Farmers In Top 10
Mechanics and Farmers Bank
of North Carolina was ranked
No. 7 among the top 100 black-
owned banks In the U.S. by
Black Enterprise's 17th Annual
Report on Black Businesses,
June 1989 edition. (Rankings
were based on size.)
To be eligible for this honor, a
company must be at least 51
percent black-owned and have
been fully operational In the
previous calendar year. Industry
consultants, analysts and other
sources were utilized to verify
the financial status for all com
panies ranked by Black Enter
prise.
Albemarle
Lorch Plumbing & Heating
Charlotte
Acosta, Inc.
Adams Heating & Air Conditioning, Inc.
AH Temp Company, Inc.
Engineer Ike Cooling & Heating
Hackney Air Conditioning & Heating Services
Miller Refrigeration, Air Conditioning & Heating Company
Moore Air Conditioning Company
Unlimited Heating & Cooling
Huntersville
American Cooling & Heating
Mooresville
Arthurs Sheet Metal Co., Inc.
Donaldson Heating & Cooling, Inc.
Temperature Technology, Inc.
Norwood
Witmore Heating & Air Conditioning
Salisbury
Owen Leonard, Inc.
Shelby
Air Control Mechanical, Inc.
Shelby Heating & Air Conditioning
Bin Shuford Heating & Air Conditioning
; These are Authorized Comfort Machine'" Dealers. They're among the
;; very best m the business. They've been specially trained to properly
► size and properly install year-round high efficiency heat pumps.
Comfort Machines. Because proper installation means
- youH be getting the most efficient, most comfortable
i system money can buy.
That's a powerful statement. But Duke Power can
' back it up;If within the first year after installation,you're
I not comfortable, Duke Povier will install a comparable
i heating,system of your choice. Try it. "What have you
^ got to lose? H Regustered trademark of liuke Power Company
With nine branch offices in
Durham, Raleigh, Charlotte, and
Winston-Salem, Mechanics and
Farmers Bank combines busi
ness acumen and visionary zeal
to take on challenges that larger
banks may step away from as
well as being able to respond ef
fectively and profitably to serve
customers with personalized
service.
The oldest black-owned bank
in North Carolina, Mechanics
and Farmers is among the fast
est growing and most profitable
banks in the nation.
Mechanics and Farmers has
assets of $85.9 million.
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•
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]
LOO!JC for Spring
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Let the contacts you wear show off that
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Optometrist
1812 Lyndhurst Ave.
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THE
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Every time you walk through our
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