TAG Holdings Named to
Black Enterprise 2013
Top 100 List
Each year, Black Enterprise (BE) magazine compiles and publishes the BE Industrial/Service 100 which is a list of the 100 largest Black-owned businesses. TAG's appearance on the 2013 BE Industrial/Service 100 list marks the company's 11th consecutive appearance on the list.
TAG Acquires Shared Vision
TAG Holdings has completed the acquisition of Shared Vision. This acquisition expands TAG's defense and aerospace manufacturing and services portfolio.
Shared Vision, founded as Schwartz Industries in 1963, specializes in the manufacturing of complex, high-performance machined parts for demanding applications. The company has a long history of supplying the defense and aerospace industries.
Under the new ownership, Shared Vision will retain its headquarters and manufacturing presence in Warren, MI, and management will have the autonomy to execute its business plan under the direction of the TAG executive team.
TAG Sells North American Assemblies to Plant Manager
In a strategic move that demonstrates TAG's commitment to fulfilling its Vision of generating success within the minority community, North American Assemblies, LLC (NAA), located in Timmonsville, SC has been sold to the company's General Manager, James R. Tolston, III, who is African-American.
TAG Chairman and CEO Honored as Man of Excellence
TAG Chairman and CEO Joseph B. Anderson, Jr., has been named one of the Michigan Chronicle's Men of Excellence for 2012. The Michigan Chronicle touts the recipients of this honor as "Men of achievement and stature who not only have professional success to their credit but who are beacons for the African-American community throughout the region." Anderson, selected as one of the 50 men from the metro Detroit community, was honored in a ceremony on June 28, 2012 at the Weston Book Cadillac Hotel.
TAG Makes the Black Enterprise Top 100 List for the 10th Consecutive Year
As Black Enterprise (BE) magazine marks 40 years of listing Americaís largest Black companies, TAG Holdings marked its 10th consecutive appearance on the list.
Crain's Detroit Business Lists TAG as one of the Largest Black Owned Businesses
For the third year in a row, TAG Holdings is listed on the Detroit Crain's List of Largest Black-Owned Businesses in Southeastern Michigan.
TAG Holdings Completes Acquisition of Barton Manufacturing
With the 100 percent acquisition of Barton Manufacturing located in Decatur, Ill, TAG Holdings takes another step in the diversification of its customer base. The company also gains capabilities and capacities needed to further exploit opportunities in growth markets.
Barton Manufacturing is a Tier 1 supplier providing metal fabrication and precision machining of large weldments to Fortune 100 companies. Founded in 1993, the company serves the mining, construction and road development industries.
TAG Holdings Named to the 2011 BE 100 List
Based on 2010 revenue, TAG Holdings came in at number five on the 2011 Black Enterprise 100, a list of the nationís largest Black businesses. TAG Holdings has made the list every year since 2003 when it debuted at position 63.
TAG Becomes a Minority Owner in a Restructured A&D Technologies
A&D Technologies, LLC, owned by TAG Holdings since March 2003 completes a corporate restructuring. The moves makes TAG a minority owner.
Sale of Automotive Companies Fulfils TAG's Vision and Positions the Company for Future Growth
TAGís recent sale of its modular assembly group to a long-time manager, signals the companyís commitment to a product portfolio that is broadly positioned across many platforms. In addition, the transaction marks the achievement of the corporate vision which states:
The vision of TAG is to create an entrepreneurial environment that will lead to a legacy of business asset ownership within the minority community that will generate success opportunities in subsequent generations.
The acquisition of the modular assembly group, composed of three automotive supply companies, by the former TAG employee, makes the new owner of the companies one of the largest business owners in the state of Ohio.
Throughout its history, TAG has operated from a position of financial strength. The increased financial strength gained from the sale of the three companies positions TAG to gain the capacity and capabilities necessary to provide a robust range of products and services to the aerospace, defense, construction and medical industries.
TAG a Leader on Detroit Crain's List of Black Owned Business in Southeastern Michigan
For the second straight year, TAG Holdings is listed as number two on the Detroit Crain's List of Largest Black-Owned Businesses. Detroit Crain's has tracked Blacked owned businesses in southeastern Michigan since 1986 when the combined revenue of the listed companies was $188.4 million. Today the combined revenue is $2.47 billion and TAG's 2010 revenue of $533 million accounts for more than 20 percent of the revenue generated by the companies on the list.
TAG Listed as Number Seven on Black Enterprise Magazine's 2010 Top 100 List
Based on 2009 revenue, TAG Holdings came in at number seven with $533 million on the 2010 Black Enterprise list of the nationís largest Black industrial/companies. TAG Holdings' first appearance on the list was in 2003. Since that time, TAG has become a fixture on the list.
TAG is Number 29 on Detroit Crainís Private 200 List
With $533 million in revenue in 2010, TAG was listed at position 29 on this year's Detroit Crain's Private 200 List. The annual list tracks the 200 largest privately-held companies in Southeast Michigan based on revenue.
TAG Holdings Divests Interest in Vibration Control Technologies
After more than eight years of partnership with Freudenberg NOK, TAG sold its interests in the joint venture company,
Vibration Control Technologies, LLC, (VCT), to Vibracoustic North America
(VNA). This transaction was a strategic purchase by VNA to align the
business globally with Vibracoustic Europe and a successful
divestiture for TAG.
TAG Holdings Launches Wolverine Assemblies, LLC
In a move that enables TAG to provide services to a broader range of industries, Wolverine Assemblies is launched as a supplier of supply chain and modular assembly services. The company, located in Wixom, MI, and led by Steve Sperlazza, who led another TAG company to capture a Shingo award, will target the aerospace, automotive, medical and defense industries.
TAG Continues to Climb Detroit Crainís List of Top Minority Suppliers
TAG Holdings climbed to position two on Detroit Crain's List of Largest Black-Owned Businesses, based on 2008 revenues of $753.
The list recognizes the 25 largest black-owned businesses in southeastern Michigan. TAG moved up one place this year, from number three in 2007, following only Bridgewater Interiors at the top of the list.
TAG Move Up the Black Enterprise Magazine's 2009 Top 100 List
TAG's 2009 revenue of $753 million places the company at position four on the Black Enterprise 100, a list of the nations's largest Black businesses. In 2008 the company was ranked at position six.
TAG Ranks Number 56 on the Automotive News List of Top 150 Suppliers
TAG Holdings is named to the Automotive News list of Top 150 Suppliers for the second straight year. The list ranks North American automotive suppliers by sales of original equipment parts.
TAG Moves up Eight Places on Crain's Private 200 List
The aggressive growth of revenue in 2008 bumped TAG up to 25th place on Crain's Private 200 List. The company occupied the 33rd position in 2009. The strong revenue increase was the result of continued robust organic growth from TAG portfolio companies and the launching of a new TAG company, Indiana Assemblies, a supplier of tire and wheel assemblies.