Business Journal lists Kenyan-American owned Language Banc as Twin Cities fastest growing company

0
Business Journal lists Kenyan-American owned Language Banc as Twin Cities fastest growing company
Siyad Abdullahi, a Kenyan-American businessman in Minneapolis owns Language Banc which has been named to the Business Journal's Fast 50, a list of the fastest growing private companies in the Minneapolis/St. paul metro area. Language Banc was listed at #20 with revenues of $6.5 Million. Companies had to submit audited financial data of the last three years. Photo: Submitted

The Minneapolis-St. Paul Business Journal is out with its latest list of the fifty fastest growing private companies in the Minneapolis/St. Paul 24-county metro area. Language Banc, which is owned by Siyad Abdullahi who is originally from Kenya, is listed at number 20 with revenues of $6.5 million and 950 employees. The Business Journal in releasing its list said Language Banc had a growth rate of 79.34% from 2016 to 2018. This is the first time the company has made the list.

To qualify for the list companies had to submit audited financial data for the last three years and have revenues of at least $1 million in each of those years. The Business Journal used accounting firm Wipfli to review and verify the submitted financial data.

Abdullahi’s Language Banc provides interpreting and translation services in over 100 languages. He said the greatest challenge facing his company despite its success is how to do more with less and the competition for talent in the current competitive business climate.

Asked by the Business Journal what his top priority is for the company in the coming year, Abdullahi said, “We are focused on growth. That is our No. 1 priority. We believe we are a well-kept secret in the local market, but many more people need to know about our highly focused customer-centric approach to our work, and our insistence on quality.”

Abdullahi who grew up in Nairobi is a physician by training.

About Tom Gitaa

Tom is the President and Publisher of Mshale and chair of the Minnesota Multicultural Media Consortium (MMMC). As Mshale founder, he did a lot of the reporting during the humble beginnings of the newspaper. While he still does the occasional reporting, he now concentrates on the publishing side of the news operation.Tom was also the original host of Talking Drum, the signature current affairs show on the African Broadcasting Network (ABN-America), which was available nationwide in the United States via the DishNetwork satellite service. On the show, he interviewed Nobel laureates such as 2004 Nobel Peace prize winner, Professor Wangari Maathai, the first woman from Africa to win the peace prize and heads of states such as the president of  The Gambia, Yahya Jammeh at State House, Banjul. Tom has previously served in the board of directors of Global Minnesota, the sixth largest World Affairs Council in the United States. He has also previously served as President of the Board of Directors of Books for Africa, the largest shipper of donated books to Africa and. He sits on the board of the United Nations Association.

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Please sovle the following to verify the CAPTCHA: * Time limit is exhausted. Please reload CAPTCHA.