Shahid Khan Honored for Minority Business Development

New York: Shahid Khan, president of Flex-N-Gate Corporation; Peter J. Davoren, chairman and chief executive officer of The Turner Corporation; Nathaniel R. Goldston, chairman and chief executive officer of Gourmet Services, were honored for their significant long-term achievements in minority business development at the National Minority Supplier Development Council (NMSDC) Leadership Awards Dinner-Dance on Tuesday, May 22nd at the Hilton New York and Towers in New York.
More than 1,600 people attended the award ceremony, including CEOs and executives of Fortune 500 corporations and minority business owners from across the nation. The event also marked NMSDC's 35th anniversary.
Shahid Khan is the president of Flex-N-Gate Corporation in Urbana, Illinois. Mr. Khan purchased Flex-N-Gate in 1980, and under his leadership, it has grown to a $2 billion global auto parts manufacturer with 13,000 employees. Flex-N-Gate makes metal and plastic automotive components and assemblies, such as bumpers, grilles, hinges, instrument panels, pedal systems and running boards. The company also offers prototyping, mechanical assembly and sequencing services. Mr. Khan donated the Flex-N-Gate Computer Center at the Urbana Free Library. Flex-N-Gate is a sponsor of the Crisis Nursery, Festival of Trees and the Krannert Center for Performing Arts, among others.

The NMSDC Network, which includes 39 affiliated regional councils, matches more than 15,000 certified minority businesses (Asian, Black, Hispanic and Native American) with its more than 3,500 corporate members, that want to purchase their goods and services. In 2005, member corporations' purchases from minority businesses exceeded $94.6 billion.
Additional information about the National Minority Supplier Development Council can be found on the NMSDC Web site at or by calling (212) 944-2430.



Editor: Akhtar M. Faruqui
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