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Across the U.S., Fortune 500 companies are growing and thriving, despite the economy. Texas is home to the greatest number of Fortune 500 companies in the U.S., which is not surprising given the top industries by growth are pipelines, engineering & construction and petroleum refining. Two out of three Fortune 500 companies are located in 10 primary states and the industries with the largest profits may surprise you.
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You guys left off Richmond, VA which should have been in the top 10.
1. Dominion Resources #57
2. Altria Group #160
3. Circuit City #228 (this one no longer exists...)
4. Genworth Financial Inc. #271
5. CarMax Inc #311
6. Owens and Minor Inc. #339
7. MeadWestVaCo #365
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This is a joke.
NW Arkansas has these little three companies among others:
1) Wal-mart
2) Tyson
3) J.B. Hunt
Has anyone heard of them?
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You guys can't count:
Washington has 15 fortune 500 companies.
Massachusetts 22.
Arkansas 9.
http://money.cnn.com/magazines/fortune/fortune500/2008/states/WA.html
http://money.cnn.com/magazines/fortune/fortune500/2008/states/MA.html
http://money.cnn.com/magazines/fortune/fortune500/2008/states/AR.html
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Sad to see Detroit not in the Top 15 Cities list...
RT
http://www.freebieshark.com/
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Go Texas
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Ranking the Cities is misleading. A large municipality like Houston (approx. 640 sq. mi.) cannot be compared to even a municipality as economically and geographically similar as Dallas (approx. 380 sq. mi.).
The only fair comparison is between metropolitan areas, which allows suburbs to be taken into account. Do this, and the ratio Fortune 500 companies per capita begins to appear far more geographically balanced.
Texas still kicks ass, though, there's no getting around that.
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Poor Washington, I thought it would have made the list with Costco, Boeing, Starbucks, Microsoft, UPS... goodness so many more
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More than the metric on states where the company is headquartered is another important metric.
What portion of the company's revenue comes from the state of the HQ and how much from other states and/or countries around the world. In other words where does the revenue come from, which makes them a F500 company?
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