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He went to his camp in the Poconos, built friendships with the kids, then had them over to his house in the winter—or dropped by their houses. "Dave brings energy, business savvy, and an organized approach to this initiative," says Walt Watkins, the city's former chief development officer and Bing's co-chair in Next Detroit. He was the . The company grew into a small empire of steel and automotive supply operations surrounded by aging . Dave Bing: A Life of Challenge by Drew Sharp It nearly went belly-up in its first year, but turned a profit the following year. While most of his teammates played golf in the offseason, he worked—at Chrysler, a bank, a small steel company—in preparation for the inevitable transition to post-sports life. By the company's second year, however, it took on General Motors as its main client and turned a $4.2 million profit. ETROIT -- This is the story that convinces me Dave Bing can save this city: In 1971, entering his sixth season in the NBA, Bing was hit in the face in . Now NBA Hall of Famer Dave Bing has qualified for a run-off election to determine the next mayor of Detroit. Companies have been trying to serve Detroit Mayor Dave Bing with lawsuits over bills that his former steel company has not paid. 6. After Bing Steel suffered a loss in its first year of operation, Bing decided to shift his company from manufacturing to being a middleman. DETROIT — One day late in the summer of 1962, Jim Boeheim walked into his dorm room on the seventh floor of DellPlain Hall. Inside, a comfortable room greets you with comfy, stuffed seating at one end, a sleeves-up working table in another area and the mayor's desk at the other end. Now NBA Hall of Famer Dave Bing has qualified for a run-off election to determine the next mayor of Detroit. That's […] Black Enterprise. After growing up in Washington, D.C., where his father, a bricklayer, had started a construction company, Bing had been an all-American at Syracuse University and also studied business and economics. Dave Bing. Bing Steel. For those old enough to remember, the name Dave Bing was as synonymous with the Motor City as Motown, General Motors and Ford back in the sixties. DAVE BING BING STEEL EST. Published by Earl G. Graves, Ltd. BLACK ENTERPRISE is the ultimate source for wealth creation for African American professionals, entrepreneurs and corporate executives. By the company's second year, however, it took on General Motors as its main client and turned a $4.2 million profit. Bing Metals Stamping, part of the Bing Group, was a steel supply processing automotive supplier owned by Dave Bing, Hall of Fame basketball player and former Mayor of Detroit. Someone who could be there to service anything from the weekend warrior backyard projects to the larger commercial projects. From Basketball to Billions: Dave Bing - The Black Perspective 20 Second Timeout: Catching Up With...Dave Bing "Oscar had his construction company, and Dave had Bing Steel Company. Every month, BLACK ENTERPRISE delivers timely, useful information on careers, small business and personal . Skip to Article . OTL: 'No Place To Go But Up'. Dave Bing, that's who. DAVID BING - Black Enterprise Bing also created an auto supply firm and was named mayor of Detroit. The Registered Agent on file for this company is Dave Bing and is located at 1130 W. Grand Blvd., Detroit, MI 48208. David Bing (born November 24, 1943) is an American businessman, retired Hall of Fame basketball player, and former mayor of Detroit, Michigan. Dave Bing's legacy clouded by emergency manager threat ... PDF Executive Prep Academy of Finance - Lausd View in new tab. Vol. Buy Dave Bing Basketball Cards Bing started a steel service company in 1980. Bing took this to mean education and, during NBA road trips, soaked up books on business, finance and industry. After starring at Syracuse University, Bing played 12 seasons in the National Basketball Association (NBA) as a guard for the Detroit Pistons (1966 to 1975), Washington Bullets (1975 to 1977), and Boston Celtics (1977-78). In 1980 he founded Bing Steel in Detroit, and by the end of the decade the company had grown to annual sales of $61 million. Dave Bing, the former Detroit Piston guard who was elected to the NBA Hall of Fame in 1989, shakes his head and clenches his jaw as he ponders the news. One of the kids, a 14-year-old named Benny White, went on to play at Michigan State, then worked for Bing Steel. In 1980, Dave started his own business named Bing Steel, and although he lost all of his money in the first six months, the business started booming after he signed a deal with General Motors, and within two years the company made over $4 million in profit. But the overwhelming weight of Detroit's financial problems and other troubles faced by the former manufacturing hub have convinced the former NBA great, steel supply company founder and first-term mayor that he may have to pass control of the city over to the state. Bing Steel became a primary supplier to General Motors in the 1980s and in 1984; President Ronald Reagan awarded Dave Bing the National Minority Small Business Person of the Year Award. The Bing Group traces its roots to 1980, when Bing Steel, Inc. was founded by recently retired basketball player Dave Bing. His company determined the steel. Dave Bing Net Worth | Celebrity Net Worth Fifteen years ago, Bing was searching for digs for his 10-year-old steel company, his family business. Dave Bing may be best remembered as the player who wore the first number ever retired by the Pistons. Box 99, Mayflower, AR 72106 E-mail: … Little Wing Autogyros, Inc "Well, I just have to say that it was the most docile flying machine I had ever flown, … Toronto Raptor Vince Carter just signed a six-year contract for $94.5 million dollars. After starring at Syracuse University, Bing played 12 seasons in the National Basketball Association (NBA) as a guard for the Detroit Pistons (1966 to 1975), Washington Bullets (1975 to 1977), and Boston . Dave Bing was already sitting in the room — a freshman settling into his new life, excited for college and the opportunities ahead. Dave Bing uses the same old-fashioned dedication to hard work that made him an NBA All-Star to become one of America's most successful Blacks in business. Dave Bing (NBA; Steel/Manufacturing): After 12 seasons in the NBA with the Detroit Pistons, Washington Bullets, and Boston Celtics where he earned seven All-Star nods, Bing retired in 1978. In his new memoir, "Attacking the Rim," Bing talks about the trademark drive, spirit and philosophy that propelled him for success on and off the court. The steel processing division of the Bing Group is up for sale after being shuttered for a month, with the expected sale marking the end of the auto supplier founded 30 years ago by Detroit Mayor . David "Dave" Bing (born November 24, 1943) is an American businessman, retired Hall of Fame basketball player, and former mayor of Detroit, Michigan.. After starring at Syracuse University, Bing played 12 seasons in the National Basketball Association (NBA) as a guard for the Detroit Pistons (1966-75), Washington Bullets (1975-77), and Boston Celtics (1977-78). 2010 - It's all business when you go into Detroit Mayor Dave Bing's office in the City-County Building in Detroit. Dave Bing's legacy clouded by emergency manager threat . Bing had just four employees when he started operations but he did $1.7 million of business in his first year. Jan 1985. Jan./Feb. But retirement was not in the offing. The steel processing division of the Bing Group is up for sale after being shuttered for a month, with the expected sale marking the end of the auto supplier founded 30 years ago by Detroit Mayor . Honorary degrees will be presented at the 152nd Commencement exercises to Dave Bing, Peter David Eisenman, Billy Joel, the Honorable Carolyn Dineen King and Risa J. Lavizzo-Mourey. Statistics. Over the years he had worked at a bank, a car manufacturer and a steel company. . Bing, enshrined in the Basketball Hall of Fame, founded Bing Steel after retiring from the NBA. Dave Bing's success did not end after basketball. The Bing Group is one of the largest African American-owned businesses in the United States… Read more Bing, who played for the Detroit Pistons, was CEO of a steel company, became mayor of Detroit and now oversees an organization dedicated to mentoring young African American men, talked with Senior . Bing applied the knowledge that he learned to found his own company, Bing Steel, in 1980. The Bing Group traces its roots to 1980, when Bing Steel, Inc. was founded by recently retired basketball player Dave Bing. The company grew into a small empire of steel and automotive supply operations surrounded by . It was from there that Bing watched as Detroit's . ISSN 0006-4165. Detroit Mayor Dave Bing is fighting to turn around the City of Detroit while several suppliers fight his steel companies over unpaid bills. In 1980 Bing founded Bing Steel which eventually became the Bing Group, a supplier of materials and parts to the automotive, appliance and furniture industries. The company's filing status is listed as Automatic Dissolution and its File Number is 407367. Not Dave Bing. (AP Photo/David Zalubowski, File) Dave Bing. His steel company is likely to bring in a $1 billion a year by 2005. Bing is founder and chairman of the Bing Group, a steel services company and automotive parts manufacturer. Dave Bing . In 1978, Dave took a job with a steel company and worked in every department, from the warehouse to sales and marketing to the corporate office. He grew the business from four employees to more than 1,400, with $300 million in annual sales. Hall of Fame basketball player Dave Bing established a steel processing company, Bing Steel, in Detroit in 1980. . Dave Bing may be best remembered as the player who wore the first number ever retired by the Pistons. In the next five years, Bing Steel expanded to 63 employees and revenue of $40 million . In 1980, Dave started his own business named Bing Steel, and although he lost all of his money in the first six months, the business started booming after he signed a deal with General Motors, and within two years the company made over $4 million in profit. After retiring in 1965, Bing interned at a steel company for a year and after leaving the steel company, he invested 80 thousand dollars of his own money and created Dave Bing Steel, which is now a multi-million dollar . The Detroit News reports at least three companies have . Bing tells WWJ-AM that The Bing Group has been caught up in the auto industry downturn that has depressed sales of the stamped and processed steel. By Jemele Hill. Dave Bing played 12 seasons in the NBA from 1966-1978 for the Detroit Pistons, Washington Bullets and Boston Celtics. After he retired he used his knowledge to form Bing Steel in 1980. Bing, 47, now the CEO of Bing Steel and two other Detroit companies, is seen as a knight of hope in a city that needs hope as badly as a desert needs water. Two years later, Dave formed Bing Steel and began working out of a rented office with a staff of four. I have witnessed his many contributions to Detroit over many years. 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