34. American Product Distributors Inc.

With revenues topping more than $125 million in 2008, American Product Distributors Inc. is North Carolina’s largest black-owned company. Founded in 1992, BE 100s CEO C. Ray Kennedy has grown APD to become one of the nation’s leading consumer goods distributor serving corporate America.

The Charlotte, North Carolina-based consumer goods distributor sells office supplies, medical and surgical supplies, industrial and janitorial supplies, and business imaging supplies to corporations and institutions nationwide. APD’s major customers include Bank of America, Johnson & Johnson, TIAA-CREFF, and Carolinas Healthcare System.

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