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
www.nmsdc.org or by calling (212) 944-2430.
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