CINCINNATI--According to the Minority Business Development Agency, there are more than 17 million minority and women-owned business enterprises (MWBEs) in the U.S.1 In an effort to support continued growth of these firms, Cintas Corporation (NASDAQ: CTAS) held its second annual business retreat in Orlando, Fla., March 1-3. The event welcomed numerous diverse suppliers and corporate procurement leaders for three days of professional development and networking.
“The number of minority and women-owned businesses is on a steady rise, aiding job creation and generating more than $3.2 trillion in annual sales,” said Pamela Brailsford, Senior Director of Supplier Diversity and Sustainability, Cintas Corporation. “Our business retreat encourages this trend by sharing best practices on everything from supply chain management to product innovation. Attending MWBEs also connect with potential partners and business leaders to help position their firms for long-term success.”
The retreat, created and managed by The Abercrumbie Group, brought together 60 executives from leading corporations and MWBE partners including d.e. Foxx & Associates, Environmental & Safety Solutions Inc., Hightowers Petroleum and SmartIT. Attendees benefited from a series of planning and impact sessions, including “Disrupting the Supply Chain,” “The Power of Innovation” and “The Alignment of Strategy and Excellence.”
“This event gave us the opportunity to take part in stimulating conversations, and make meaningful connections with business leaders we might not otherwise have access to,” said Stephen Hightower, President and CEO, Hightowers Petroleum Co. “The guest speaker presentations provided a wealth of information, and the planning sessions enabled us to apply our learnings into actionable goals.”
“Building relationships with qualified diverse suppliers should be a high priority for every sourcing manager,” said Bill Miller, Senior Vice President- Supply Chain Management and Procurement, Jones Lang Lasalle Americas, one of the event’s corporate sponsors. “The retreat created inspiring dialogues and allowed us to better understand how these suppliers can address critical product and service needs.”
For more information about supplier diversity at Cintas, visit www.cintascsr.com/.
About Cintas Corporation
Headquartered in Cincinnati, Cintas Corporation provides highly specialized services to businesses of all types primarily throughout North America. Cintas designs, manufactures and implements corporate identity uniform programs, and provides entrance mats, restroom cleaning and supplies, tile and carpet cleaning, promotional products, first aid, safety, fire protection products and services. Cintas is a publicly held company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of the Standard & Poor’s 500 Index.