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JULY 8, 2019 www.ocbj.com ORANGE COUNTY BUSINESS JOURNAL 17

n No. 3, Mercedes-Benz of Laguna Niguelremained flat at an estimated $242 million with250 employees.

n Systems Source Inc. in Newport Beach,No. 4, experienced a jump in revenue rising by46% to $192 million. It added 17 employees inOrange County for a total of 99 while total staffstands at 216, up about 28%. The commercialfurniture dealership, founded by Chief Execu-tive Rosemarie Smith, said growing demandfor modern workspaces, as well as expandedservices for clients such as Experian PLC, Al-lergan PLC, and Mazda North AmericanOperations helped fuel its growth.

n One of the biggest gainers on the list isIrvine-based Linmarr Associates Inc., whichleapfrogged 20 spots to No. 25. The defensecontractor and supply chain partner for the U.S.government and military nearly doubled itsrevenue last year to $34 million, up 94% year-over-year. It has 20 employees. Founded in

1983, the firm initially focused on manufactur-ing fabricated military vehicle parts for the gov-ernment. Chief Executive Sharon Hoffmanand President and Chief Financial Officer KenHoffman acquired the business in 2010 andmoved it from its previous headquarters in LasVegas to Irvine. The husband and wife teamthen expanded the company’s services to in-clude military hardware, aircraft parts, electron-ics, among others.There were six list newcomers with all, ex-

cept SeneGence, reporting double-digitgrowth—Irvine-based heating, ventilation, andair conditioning construction and services firmSpectrum Mechanical Inc., No. 56; Orange-based paint contractor Meyer Coatings Inc.,No. 59; Irvine staffing agency Alliance Re-source Group, No. 84; Newport Beach mar-keting agency Brandtailers, No. 85; andanalytics company BioMedGPS in Irvine atNo. 98. n

THE LIST WOMEN-OWNED BUSINESSES

MARTHA V. DANIELCEO and President

Information Management Resources Inc.

KELLY IRELANDCEO

CB Technologies Inc.

JANET FORDFounder and CEO

Advanced Cleanroom Microclean

MANNA KADARFounder and CEO

Manna Kadar Beauty

ROSEMARIE SMITHCEO and PresidentSystems Source Inc.

NOUSHIN SHAMSILIPresident

NUCO Logistics Inc.

By SUBRINA HUDSON

OC’s Women-Owned Businesses See Revenue Rise 8.5%

Orange County’s largest women-owned busi-nesses are on a growth streak that, once again,bested the national performance of women-owned businesses.The 98 companies on this year’s Business

Journal list reported total revenue of $4.8 billion,an 8.5% year-over-year increase for the 12months ended Dec. 31, 2018. Nationally, rev-enue among women-owned businesses last yeargrew by 5.6% to an estimated $1.8 trillion, ac-cording to an annual research reportcommissioned by American ExpressCo. (NYSE: AXP).For the first time, the study looked

back to 1972—when the U.S. CensusBureau first began tracking women-owned and minority-owned busi-nesses—and found the number ofwomen-owned businesses grew from402,000 to 12.3 million in 2018. Italso found revenue among those firms had $8.1billion in 1972.Julie Tomich, senior vice president of Amer-

ican Express Global Commercial Serves, saidthe new data shows the impact women entrepre-neurs have on the U.S. economy. “Over the past 11 years, we’ve seen women’s

entrepreneurship and economic impact increase,especially among the growing number ofwomen-owned companies that generate morethan $1 million in revenue,” Tomich said in astatement.

Meanwhile, the Business Journal’s list rankscompanies with a minimum of $5 million in an-nual revenue and at least 51% female owner-ship, a standard for certification by theWomen’s Business Enterprise National Coun-cil.Fifty-three companies reported revenue in-

creased, 11 said sales were down, four were flat,and the remaining are Business Journal esti-mates. Thirteen companies dropped off the listwith most citing they were no longer majoritywomen-owned.The number of local employees dropped

slightly to 7,700 workers, down about 1%, whilethe number of companywide employees was flatat about 33,200 workers in the past year.

Leading the Packn List newcomer SeneGence In-

ternational Inc. debuted on the list atNo. 1 with an estimated $1 billion inrevenue—dethroning longtime leaderIrvine-based restaurant chain In-N-Out Burger Inc.SeneGence, a skincare and cos-

metics company, employs 500 at itsFoothill Ranch headquarters and has a networkof more than 500,000 independent distributors.Founded in 1999 by Chief Executive JoniRogers-Kante, the company is currently build-ing a 744,448-square-foot corporate campus on225 acres in Sapulpa, Okla. to accommodate itsgrowth. It currently operates a 255,000-square-foot manufacturing facility in Corona.

n In-N-Out dropped by one spot to No. 2with an estimated $926 million in revenue anda local workforce of 2,350. Companywide em-ployees are estimated to be 25,350.

53 Firms Say Sales Rose;Employee Count Falls

Linmarr Associates Irvine HQ: jumps 20 spots to No. 25

p 18Women-Owned

Businesses

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18 ORANGE COUNTY BUSINESS JOURNAL www.ocbj.com JULY 8, 2019

THE LIST WOMEN-OWNED BUSINESSES NEXT WEEK’S LIST�Tenant-Improvement Contractors

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