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In Tennessee Diversity Makes All the Difference

Black Enterprise, May 2003 | Article details

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In Tennessee Diversity Makes All the Difference


PORTER-WALKER

The owners of Porter-Walker, a 95 year-old Columbia, Tennessee company that distributes industrial tools and safety supplies such as hard hats, earplugs and eyewear, were fast approaching retirement four years ago. They wanted to sell their company to a buyer who would keep the company independently owned, retain its employees, and continue to operate in Columbia. They found that buyer in Doug Venable, an African-American businessman Who owned a similar company in Detroit.

DESPITE TOP-NOTH BUSINESS CREDENTIALS, PORTER-WALKER FACED AN UNCERTAIN FUTURE NOT SO LONG AGO. HOWEVER, TODAY, THROUGH A COMBINATION OF TENNESSEE VALLEY AUTHORITY (TVA) PROGRAMS, …

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