DETROIT'S ONLY EXECUTIVE C EF STEWART FOX JR Hard Working Avalon Breads gains honors. Jackie Victor A Were the Magazine Comes to e, 160z GENUINE CENTER CUT NEW YORK STRIP WI GUARANTEED ONE INCH TAIL 2ND TO NONE IN THE STATE 20771 w EIGHT NA a RD DETR011 313 MI 70pp i 313 547 7556 %AA, penthouseclubdetroa 18 May 27 • 2010 Ann Perrault valon International Breads at 422 W. Willis in Detroit received an award in May from the Boston-based Initiative for A Competitive Inner City after being named one of the top 100 inner-city businesses in the country. "We were overcome with pride and sentiment as we sat in the ballroom at the Boston Convention Center with thousands of others, watching a video about the bakery (one of 10 businesses featured on film)," said Avalon owners Jackie Victor and Ann Perrault in a state- ment. "We were humbled as we spent the day with the other 99 entre- preneurs at Harvard Business School, learning about recruitment, marketing and managing a diverse workforce. We were inspired as we heard the stories of other business- es in New Orleans, San Francisco, Boston and Dallas and throughout the country" Avalon is one of the smallest businesses selected ($1.7 million in sales in 2008) and not one of the fastest growing (its standard growth rate is 55 percent; the top winner, Total Team Construction Services in Sacramento, boasted 3,290 percent). The ratio of employees to income is one of the highest (44 employ- ees for $1.7 million in revenue compared to 19 employees for $9 million in revenue by the No. 1 business). Avalon is the largest organic wheat purchaser in Michigan, sup- porting organic wheat farmers in Montana and the wheat mill in Western Michigan. On June 4, Avalon will celebrate its 14th anniversary. n