Toyota Opportunity Exchange Matches Minority Businesses With Its Suppliers

Toyota Badge 1 photo
Photo: Toyota
After securing a $1.6 million contract in 2012, president and chief operating officer of a group of independent supply companies Ron Nunez returned to the Toyota Opportunity Exchange this year for the third time.
The two-day event provides minority-owned businesses like Ron’s the opportunity to network with Toyota’s direct suppliers.

“The goal of the Opportunity Exchange is to make a match. I’ve been to many gala events and golf tournaments and they never turned into a business opportunity,” Nuñez said. “At the Opportunity Exchange the companies there are looking at partnering with vendors strategically – where you’re completely integrated as part of a company’s strategy.”

The 24th annual event concluded Tuesday, November 12, at the Duke Energy Convention Center in downtown Cincinnati. Toyota Motor Engineering & Manufacturing North America (TEMA)  started the event with about 300 attendees and it has grown to become one of the largest minority business events in the country attracting about 1,700 people who attend free of charge.  Since 2009, more than $100 million in contracts have been generated by minority business enterprises (MBEs) as a result.
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories