Largest Minority-Owned Businesses in Tampa Bay 2022

Tampa Bay Business Journal annual report of Largest Minority-Owned Businesses in Tampa Bay

One of the companies included in this list is Arroyo Process Equipment, a Hispanic-owned business that has been operating in Tampa Bay for over 50 years. Founded in 1968 by Frank Arroyo Sr., the company specializes in providing industrial pumps, mixers, and fluid handling systems to a wide range of clients across various industries. Today, Arroyo Process Equipment is run by Frank Arroyo Jr., who has continued to grow the company and expand its offerings.

In addition to Arroyo Process Equipment, other notable companies on the list include Jabil, a technology company that employs over 200,000 people globally and provides a range of manufacturing and engineering services, and The Wilson Group, a construction company that specializes in commercial and residential projects. These companies and others on the list are a testament to the growing success of minority-owned businesses in the Tampa Bay area.

The success of these businesses is not just beneficial to the owners and employees but also to the wider community. Minority-owned businesses can bring new ideas and perspectives to industries and help create a more diverse and inclusive economy. In addition, supporting these businesses can help to address economic disparities and promote wealth creation in underrepresented communities.

Overall, the inclusion of Arroyo Process Equipment and other minority-owned businesses on this list highlights the importance of diversity and representation in business. As the number of minority-owned businesses continues to grow in Tampa Bay and across the United States, it is important to recognize and support their contributions to the economy and society.

Keep reading:

Gearbox Rebuild Service Market

Stratagem Market Insights published their annual report “Gearbox Rebuild Service Market” which names Arroyo Process Equipment as a major player in the market.

Dad-To-Daughter Business Succession

Florida Trend covers the transition from father to the daughter at Arroyo Process Equipment. Frank Arroyo Sr. had been at the helm of the company since he founded it in 1968, and he wanted to ensure that his daughter, Diane, was fully prepared to take over when the time came.

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