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Category: 21. Business, economics, and unemployment
PORT001. Porter, Peggie. A
formula for success: Dennis Lowery has risen above his roots in poverty
to head the largest Native American Indian-owned private company in the
country. The Business Journal (Charlotte, NC) 4.46 (February
19, 1990): Sec. 1 p. 8- .
Publication type: Magazine article
Profile of Dennis Lowery, president of Continental
Industrial
Chemicals Inc, a chemical repackaging and distributing
company
Lowery founded in Charlotte in 1975. The company is now
one of the
nation's fifty largest such companies. It has been cited
by the
U.S. Small Business Association as the country's largest
Native
American-owned private company.
Lowery earned a bachelor's degree in
biology from UNC-Pembroke and came to Charlotte right
after
graduation, with only $17.00, to work as sales representative
for a
pharmaceutical company. He got startup money for his
company from
a SBA loan, after being turned down sixteen times. His
company's
sales the first month were $180,000. Lowery owns two
other
related companies. Continental Industrial Company repackages
and
distributes chemicals such as de-icing fluid, antifreeze,
jet
fuel additive, chemicals used to manufacture cosmetics,
and chemicals
used to control nuclear waste. As of this writing, the
company
had 65 employees and 1,100 customers. Lowery is committed
to
helping aid employees in need and working to help Native
American
causes and individuals. He values his work with the Charlotte
Mecklenburg Schools' Indian Education Program.
Additional subjects: Dennis Lowery | Continental Industrial Chemicals,
Inc. (Charlotte, NC)
This annotation was edited on: July 5, 2002
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