MGM MIRAGE is Recognized for Outstanding Supplier Diversity by Multicultural Business Owners
27 Janeiro 2006 - 6:42PM
PR Newswire (US)
LAS VEGAS, Jan. 27 /PRNewswire-FirstCall/ -- MGM MIRAGE has been
cited as one of the top corporations in the U.S. for multicultural
businesses by DiversityBusiness.com, the leading B2B online portal
for diversity businesses and large organizational buyers. According
to Kenton Clark, president & CEO, DiversityBusiness.com, the
recognition is based on factors such as volume, consistency and
quality of business opportunities that a company grants women and
minority-owned suppliers. MGM MIRAGE is the only gaming company to
be recognized by DiversityBusiness.com. "Those organizations that
buy the most products and services, most consistently, from
diversity businesses, and that sustain the most mutually beneficial
business relationships with their multicultural suppliers, should
be recognized not only by the suppliers but also by the general
public," Clark said. More than 500,000 business owners had the
opportunity to participate in the online election to select the top
companies. The leading companies will be awarded during the 6th
Annual Multicultural Business Conference at MGM Grand Hotel and
Casino in Las Vegas, March 29 - 31, 2006. "The significance of this
recognition is that it comes directly from the business community,"
said Mark Stolarczyk, MGM MIRAGE Vice President of Purchasing. "Our
desire is to increase our portfolio of companies that can provide
high-quality products and superior services at competitive prices."
MGM MIRAGE is the first company in the gaming industry to establish
a voluntary diversity initiative. It also instituted corporate
policy requiring minority participation in all purchasing bids
exceeding $1,000. Stolarczyk acknowledged that the company's
supplier diversity program has experienced significant growth since
it was established in 2001, including the amount of money spent
with women-, minority- and disadvantaged-business enterprises, now
up more than 218%. To aid its efforts in purchasing diversity, the
company also established a diversity purchasing committee comprised
of buyers companywide that meets regularly to share ideas and best
practices. The purchasing representatives also participate in
numerous trade shows throughout the U.S. to communicate the
company's purchasing needs and to identify potential suppliers. MGM
MIRAGE (NYSE:MGM), one of the world's leading and most respected
hotel and gaming companies, owns and operates 23 properties located
in Nevada, Mississippi and Michigan, and has investments in three
other properties in Nevada, New Jersey and Illinois. MGM MIRAGE has
also announced plans to develop Project CityCenter, a multi-billion
dollar mixed-use urban development project in the heart of Las
Vegas, and has a 50 percent interest in MGM Grand Macau, a
hotel-casino resort currently under construction in Macau S.A.R.
MGM MIRAGE supports responsible gaming and has implemented the
American Gaming Association's Code of Conduct for Responsible
Gaming at its properties. MGM MIRAGE also has been the recipient of
numerous awards and recognitions for its industry-leading Diversity
Initiative and its community philanthropy programs. For more
information about MGM MIRAGE, please visit the company's website at
http://www.mgmmirage.com/. First Call Analyst: FCMN Contact:
reburton@mgmmirage.com DATASOURCE: MGM MIRAGE CONTACT: Debra
Nelson, +1-702-650-7421, , or Reggie Burton, +1-702-650-7438, ,
both of MGM MIRAGE Web site: http://www.mgmmirage.com/
http://www.diversitybusiness.com/
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