The Only Black Woman-Owned Chemical Manufacturing Company Makes $20M A Year

by | Sep 19, 2013 | Business, News | 0 comments

This is what i’m talking about. Positive, powerful black women out here leading the charge for our future and the next generation. Giving them something to strive for while giving those ready, willing and able employment.

Linda McGill Boasmond is the only black women who owns a chemical manufacturing company. She is grossing $20M a year and expects her revenue to triple in the next two to four years. Whoa! Clearly, she is making power moves!
linda-620x297For Linda McGill Boasmond, the chemistry was right.

After years of managing plants for other people, “I thought it was time I did it for myself,” she says of her decision nine years ago to become the sole owner of Cedar Concepts Corp., a chemical manufacturing plant on the South Side.

That entrepreneurial move made her the first and only African-American woman to own a chemical manufacturing plant, one that does more than $20 million in annual revenues, says Boasmond, who expects the company’s revenues to triple in two to four years.

Cedar Concepts, which sells 50 to 70 million pounds of chemicals per year globally, processes raw materials used in personal care, household, industrial and agricultural products. Its customers include Procter & Gamble, Citgo and Boeing.

Boasmond, who holds a degree in chemistry, initially worked for chemical plants in various positions for multinational corporations. In December 1998, she began work as a technical director and assistant plant manager at Cedar Concepts. She became a partner in 2003 and sole owner in 2004.

Source: http://www.chicagogrid.com/enterprise/black-woman-owned-chemical-manufacturing-company-20m-year/

Here is the best part of finding this phenomenal, black woman. Her firm operates on the Southside of Chicago. This is wonderful because clearly Chicago is in need of role models, economic empowerment and motivation This woman can provide all three…to those that are qualified.

This is a very tumultuous time for black people in this country and world (but what’s new). It is good to have some positive news to report in hopes it will motivate you to share with your children and inspire the next generation to think bigger.

Will you do your part and help make this story go viral? We already know most of the lame stream media outlets are not going to carry the story. We must do our best to push it ourselves…..IF this is truly the media, stories and images we want to promote.

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