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Old 06-04-2014, 11:30 AM
 
2,471 posts, read 3,340,203 times
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Quote:
Originally Posted by JuanHamez View Post
St Louis has 9 Fortune 500 companies. I guess the only reason its not on the list is it has slightly under 3 million in its MSA. Not bad being in the company of Denver, Philly, and Seattle.

24. Express Scripts Holding (60)
123. Emerson (120)
206. Monsanto (224)
275. Reinsurance Group of America (289)
303. Centene (453)
315. Peabody Energy (338)
373. Ameren (340)
465. Graybar Electric (451)
491. Jones Financial (516)

Cincinnati also has 9. The Midwest seems to have the most cities with clusters of Fortune 500's.

Kroger is the highest-ranking company on the list at No. 24 after reporting $98.3 billion in revenue. It's followed by Procter & Gamble (31, $84.1 billion); Macy's (107, $27.9 billion); Ashland Inc. (344, $7.8 billion); Fifth Third Bancorp (361, $7.2 billion); General Cable Corp. (405, $6.4 billion), Omnicare (415, $6.3 billion), AK Steel Holding Corp. (455, $5.6 billion) and American Financial Group, Inc. (487, $5.1 billion).

GE Aviation is also based in Cincy and has sales in the 20 billion range, but as a subsidiary, it won't show up on such lists. There are plenty similar examples around the country.
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Old 06-06-2014, 06:13 AM
 
Location: Twin Cities (StP)
3,051 posts, read 2,588,657 times
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Quote:
Originally Posted by YIMBY View Post
Well, if it were a publicly traded company, then it would be on the Fortune 500 list, right?
You are very perceptive.
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Old 06-06-2014, 08:08 AM
 
Location: Minneapolis (St. Louis Park)
5,993 posts, read 10,160,162 times
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Quote:
Originally Posted by GatsbyGatz View Post
Seattle may only have 9, but take a look at that top 3:

19 Costco
34 Microsoft
35 Amazon.com

Those are quite the major players. Only two other cities, NY and SF, have more than three Top 40 companies. Pretty good!
Minneapolis-St. Paul would have 3 if private companies were included, as Cargill is probably about as large as UnitedHealth Group (#14 nationally), if not larger.
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Old 06-06-2014, 08:13 AM
 
Location: Minneapolis (St. Louis Park)
5,993 posts, read 10,160,162 times
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Quote:
Originally Posted by Andy View Post
A few other top 100 companies started in Seattle, like Boeing, UPS, and United Airlines.
This list would be ridiculous if we included every company that moved, merged, went bankrupt, etc.

For example, for the Twin Cities I could include off the top of my head Wells Fargo (Norwest Bank actually bought out Wells Fargo but the HQ is in San Francisco, not Minneapolis), Honeywell (they moved to NJ about 15 years or so ago), Northwest Airlines (merged with Delta, now in Atlanta), Pentair (merged with Tyco, and the combined company will be in Geneva, Switzerland I believe), Pillsbury (merged with General Mills, which is HQ'd in the Twin Cities but technically a Fortune 500 company was "lost" as a result)...........I could probably go on.

Let's stick with what's posted, I'd say. It's certainly interesting to note, however, as I didn't know UPS was EVER based in Seattle!
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Old 06-06-2014, 08:17 AM
 
Location: Minneapolis (St. Louis Park)
5,993 posts, read 10,160,162 times
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Quote:
Originally Posted by midwest1 View Post
Cincinnati also has 9. The Midwest seems to have the most cities with clusters of Fortune 500's.

Kroger is the highest-ranking company on the list at No. 24 after reporting $98.3 billion in revenue. It's followed by Procter & Gamble (31, $84.1 billion); Macy's (107, $27.9 billion); Ashland Inc. (344, $7.8 billion); Fifth Third Bancorp (361, $7.2 billion); General Cable Corp. (405, $6.4 billion), Omnicare (415, $6.3 billion), AK Steel Holding Corp. (455, $5.6 billion) and American Financial Group, Inc. (487, $5.1 billion).

GE Aviation is also based in Cincy and has sales in the 20 billion range, but as a subsidiary, it won't show up on such lists. There are plenty similar examples around the country.
I'm not trying to threaten Cincy but I have a feeling some of the mid-major banks like Fifth/Third, PNC Financial, Huntington, TCF Bank, Key Bank, etc. will eventually merge with the mega banks. I've been hearing that rumor for quite a while though, so maybe it's all just positioning and talk? US Bank (#5 nationally, but a solid step behind the big 4) could be in that discussion as well I suppose....

I don't understand the GE Aviation situation......if it's a subsidiary then it's part of a larger (listed) company, no? Like Optum Health is part of UnitedHealth Group, and is more than large enough to be listed if it were separate, but instead it's combined with UHG. $20B in revenues would easily make the Fortune 500 though. I want to say (off the top of my head) that the cut-off around #500 is $4B or $5B.
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Old 06-06-2014, 08:22 AM
 
Location: Minneapolis (St. Louis Park)
5,993 posts, read 10,160,162 times
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Quote:
Originally Posted by YIMBY View Post
Well, if it were a publicly traded company, then it would be on the Fortune 500 list, right?
There just aren't that many private companies that have revenues high enough to be listed in the Fortune 500. Besides Cargill, I know of Koch Industries in KC, MO. Beyond those two, there may be a few others but it's a very short list. In other words, I think it's noteworthy but agree private companies should be left off these lists simply because they're......private.
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Old 06-06-2014, 10:06 AM
 
Location: Downtown LA
1,192 posts, read 1,637,615 times
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Quote:
Originally Posted by adavi215 View Post
Trenton is definitely one that has been debated before on this forum. I agree with you and it is definitely one for another discussion.
I don't think there is a definitive answer. I grew up in Ewing/Trenton and can say unequivocally that it feels very much both part of the Philly metro area and the NYC metro area. Its not one or the other. If you head northeast, once you pass Princeton and get close to New Brunswick, it feels distinctly "North Jerseyish" and you feel NYC's sphere of influence. Likewise, if you head south and cross the river to PA, its clear that you're in Philly's sphere of influence. But Trenton (and really that whole stretch of the Delaware Valley from Trenton to Frenchtown) doesn't feel distinctly one or the other.
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Old 06-06-2014, 07:46 PM
 
2,744 posts, read 6,097,131 times
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San Antonio has 6 F500 if Nustar Energy hasn't lost its F500 standing. Its sad we lost At&t, San Antonio's top corporate citizen. Having 5 or 6 is a respectable corporate base.

Valero Energy rank 9th among top F500.
USAA
Clear Channel Media Holdings.
Tesoro Energy
Nustar Energy
CST Brand Inc.
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Old 06-06-2014, 08:55 PM
 
Location: Philadelphia, PA
8,700 posts, read 14,653,842 times
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Philadelphia actually has 11, so IDK how you missed two for Philadelphia

28 AmerisourceBergen
44 Comcast
86 E.I. du Pont de Nemours and Company
209 Aramark Holding Corporation
232 Lincoln National Corporation
313 Crown Holdings, Inc.
315 Campbell Soup Company
324 Universal Health Services, Inc.
362 UGI Corporation
417 SLM Corporation
498 Airgas, Inc.
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Old 06-06-2014, 09:14 PM
 
Location: Philadelphia, PA
8,700 posts, read 14,653,842 times
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Quote:
Originally Posted by JuanHamez View Post
St Louis has 9 Fortune 500 companies. I guess the only reason its not on the list is it has slightly under 3 million in its MSA. Not bad being in the company of Denver, Philly, and Seattle.
Well not really, since Philly actually has 11 Fortune 500 companies and 18Montclair simply missed two for Philly.
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