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			On May 19, 2005, The Procter & Gamble Company (NYSE: PG) was inducted into the Billion Dollar Roundtable (BDR) at a ceremony in New York, NY. The BDR, a top-level forum for corporations that have attained $1 billion or more in spending with minority- and woman-owned companies, is now comprised of 12 corporate members. "P&G is honored to be included in this elite group of corporations that have each achieved significant spending with diverse suppliers," stated Icy Williams, associate director, Corporate Supplier Diversity. "We look forward to increasing our spending in the coming years and to ongoing membership in this prestigious group," continued Williams. Don McKneely and Sharon Patterson, BDR cofounders, presented the award. "As a cofounder and host of the Billion Dollar Roundtable, I applaud P&G for their commitment to support minority- and woman-owned firms and communities where they operate," said McKneely. The combined BDR membership celebrated collective purchasing of over $24 billion in products and services from minority- and woman-owned suppliers. The members of the Billion Dollar Roundtable include Altria Group, Inc., AT&T Corporation, Daimler/Chrysler Corporation, Ford Motor Corporation, General Motors Corporation, IBM Corporation, Johnson Controls, Inc., Lockheed Martin Corporation, The Procter & Gamble Company, Toyota Motor Manufacturing North America, Inc., Verizon Communications, Inc. and Wal-Mart Stores, Inc. About the Billion Dollar Roundtable In 2001, the Billion Dollar Roundtable was created to recognize and celebrate corporations that achieved spending of at least $1 billion with minority- and woman-owned suppliers. The BDR promotes and shares best practices in supply-chain diversity excellence through the production of White Papers. In discussions, the members review common issues, opportunities and strategies. The BDR encourages corporate entities to continue growing their supplier diversity programs by increasing commitment and spending levels every year. The BDR is a think tank and every other year the organization inducts new members. For more information on the BDR, please their Web site at http://www.bdrusa.org/.
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