News

Chrysan Industries makes the Inc 5000 List!

八月 16, 2018

2018 Inc. 5000 List

There’s fast growth—and then there’s Inc. 5000 fast growth.  Collectively, the companies on this year’s list amassed $206.2 billion in revenue in 2017, up 158 percent from $79.8 billion in 2014.  Meet the Most Inspiring Companies of 2018.  If entrepreneurs are the lifeblood of an economy, consider Inc.'s ranking of 5,000 companies America's circulatory system. Our annual report looks at these fast-growing innovators--and how they made our list.

Chrysan Industries is nationally ranked as #2654 in Inc. 5000 and #23 Top Detroit Companies for Manufacturing Industry in 2018, showing a growth rate of 159 percent over the past 3 years. Chrysan is a global manufacturer of Automotive Lubricants & Specialty Chemicals.

 

Chrysan Industries Named “Fast 100 Asian American Business Awards 2018"

六月 01, 2018

For Immediate Release
Click for the pdf version.

Chrysan Industries Named “Fast 100 Asian American Business Awards 2018”

Washington D.C. - On May 31, 2018, US Pan Asian American Chamber of Commerce (USPAACC) hosted the 2018 CelebrAsian Procurement and Business Conference at Bethesda North Marriott Hotel and Conference Center in Bethesda, Maryland.  For more than 32 years, USPAACC serves as the country’s largest and most established Pan Asian American business organization.  It has served as the nation’s premier place for procurement and other business opportunities for the more than 2 million Pan Asian American-owned businesses nationwide.  This year’s conference chair and keynote speaker is PepsiCo Chairman & CEO Indra Nooyi.

Chrysan Industries was honored as one of Fast 100 Asian American Business Awards for 2018. Businesses receiving this prestigious award are acknowledged for their outstanding achievements as a fast-growing business in challenging economic times and epitomize the power of innovation and perseverance for robust business growth and success. “As a second-generation MBE, it is great to honor leaders and entrepreneurs in the Asian community not only locally but also nationally. We are humbled to be able to receive this prestigious honor,” says Suk-Kyu Koh, CEO of Chrysan Industries.

Click for USPAACC's Official Award Letter.

Chrysan Industries Named Fast 100 Asian American Business Awards 2018

Founded in 1977, Chrysan is a global manufacturer of lubricants & specialty chemicals. Chrysan’s portfolio includes automotive & industrial lubricants, aerospace lubricants, greases, rust inhibitors, process cleaners, and other specialty chemicals. Headquartered in Plymouth, Michigan, Chrysan has facilities throughout North America, Mexico, China, South Korea, Thailand, the Philippines, and South Africa.
Visit www.chrysanindustries.com to learn more.
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Chrysan Industries Supports Dartmouth College’s Tuck Minority Business Program

五月 02, 2018

For Immediate Release
Click for the pdf version.

Chrysan Industries Supports Dartmouth College’s Tuck Minority Business ProgramChrysan Industries Supports Dartmouth College’s Tuck Minority Business Program

Hanover, New Hampshire - Every spring Tuck School of Business at Dartmouth College hosts the Minority Business Program. The executive program started in 1980 and is the oldest program designed to develop diverse business owners at an academic graduate business school.  Since its inception, more than 7,000 business owners have participated in the program.

Chrysan Industries, a Tier 1 Minority-Owned Business Enterprise (MBE) was one of the generous contributors to the Tuck Minority Business Alumni Fund. The contribution supports deserving diverse business owners attend the week-long program. The class of 2018 had close to 50 graduates that were taught to master the skills in developing a high-performing business. The program titled “Building a High-Performing Minority Business” covered many key business aspects such as how to create cash flow and increase profits. With additional emphasis on entrepreneurship and management the students focused on implementation strategy to drive results, leverage the value chain, and improve the bottom line. 

The program is designed for owners of diverse business who are committed to advancing their business capabilities. A curriculum in mixing strategy and operations helps owners leverage the value chain to its full potential. Chrysan Industries’ founder, Dr. Kook-Wha Koh had the opportunity to attend the prestigious in the earlier years of Chrysan’s business operations, as did Kwang Koh, Chrysan executive.  More recently, Chrysan’s President & CFO Glenn Gerhard, 2015 Tuck Alum shared, “The interaction with other minority business owners (and managers) participants provided great networking opportunities to discuss relevant business issues outside the classroom experience.” After sending three Chrysan executives to reap the benefits of this important program at one of the world’s top-rated business schools, Chrysan is proud to continue support for such programs that provide opportunity to evaluate an organization’s health and diagnose its strengths and areas for improvement.

Founded in 1977, Chrysan is a global manufacturer of lubricants & specialty chemicals. Chrysan’s portfolio includes automotive & industrial lubricants, aerospace lubricants, greases, rust inhibitors, process cleaners, and other specialty chemicals. Headquartered in Plymouth, Michigan, Chrysan has facilities throughout North America, Mexico, China, South Korea, Thailand, the Philippines, and South Africa.
Visit www.chrysanindustries.com to learn more.
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