U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > General U.S. > City vs. City
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 06-06-2015, 08:39 AM
 
Location: Atlanta
1,541 posts, read 1,786,979 times
Reputation: 1570

Advertisements

Quote:
Originally Posted by Min-Chi-Cbus View Post
Good luck with that. It's very weird to see GE anywhere but metro NYC (Jersey would make the most sense, but whatevs), but any city/state fighting for their HQ is feeding into their plans to let somebody else subsidize millionaires and their mega-billion-dollar company. I'm so sick and tired of greedy companies doing this to their hometowns and home countries (Medtronic!) -- it's a race to the bottom, if you ask me (for the subsidizer).
They certainly will not move to Cleveland and why Jersey?? Companies are moving from there left and right. Example,, Atlanta just got Mercedes Benz headquarters from Jersey...
Reply With Quote Quick reply to this message

 
Old 06-06-2015, 08:42 AM
 
Location: Upper West Side, Manhattan, NYC
14,304 posts, read 17,928,730 times
Reputation: 6255
Quote:
Originally Posted by YIMBY View Post
A noticeable loss for Minneapolis is Medtronic, Inc. They decided it was time to avoid paying U.S. taxes and open a small, "corporate" office in Ireland called Medtronic plc. All of Medtronic's executives, including the CEO, remain in Minneapolis though.
Was wondering what happened to them on the list. That's pretty sad - I know of a few other big companies who have toyed with that idea.
Reply With Quote Quick reply to this message
 
Old 06-06-2015, 12:01 PM
 
Location: Minneapolis
2,533 posts, read 2,383,831 times
Reputation: 4239
Quote:
Originally Posted by YIMBY View Post
A noticeable loss for Minneapolis is Medtronic, Inc. They decided it was time to avoid paying U.S. taxes and open a small, "corporate" office in Ireland called Medtronic plc. All of Medtronic's executives, including the CEO, remain in Minneapolis though.
On the upside; Valspar (570), Polaris (574), and Securian (602) are getting closer.
Reply With Quote Quick reply to this message
 
Old 06-06-2015, 01:36 PM
 
Location: Upper West Side, Manhattan, NYC
14,304 posts, read 17,928,730 times
Reputation: 6255
Here's a look at the cities with the most Fortune 1000 companies based there. Not MSA, but city only:

1. New York, NY - 71
2. Houston, TX - 48
3. Atlanta, GA - 23
4. Chicago, IL - 22
5. St. Louis, MO - 15
6. Dallas, TX - 15
7. Denver, CO - 11
8. Charlotte, NC - 11
9. Cleveland, OH - 10
10. Columbus, OH - 10
11. Milwaukee, WI - 10
12. Pittsburgh, PA - 10
13. Omaha, NE - 10
14. San Francisco, CA - 9
15. Cincinnati, OH - 9
16. Stamford, CT - 9
17. Phoenix, AZ - 9
18. Irving, TX - 9
19. Las Vegas, NV - 8
20. San Jose, CA - 8
21. Tulsa, OK - 8
22. Richmond, VA - 8
23. McLean, VA - 8
24. Minneapolis, MN - 8
25. Los Angeles, CA - 7

And here are the top states for Fortune 1000:
1. Texas - 107
2. California - 101
3. New York - 98
4. Illinois - 63
5. Ohio - 55
6. Pennsylvania - 49
7. Virginia - 35
8. Georgia - 33
9. New Jersey - 31
10. Michigan - 30
11. Florida - 30
12. Connecticut - 27
13. North Carolina - 27
14. Massachusetts - 26
15. Missouri - 26
Reply With Quote Quick reply to this message
 
Old 06-06-2015, 02:07 PM
 
Location: Reseda (heart of the SFV)
273 posts, read 249,657 times
Reputation: 378
The number of fortune 500 companies in Atlanta is very impressive yet housing in Atlanta is dirt cheap. With all that wealth and all the corporate bigwigs in Atlanta you would think that housing would be more expensive. Why is this?
Reply With Quote Quick reply to this message
 
Old 06-06-2015, 02:11 PM
 
Location: Upper West Side, Manhattan, NYC
14,304 posts, read 17,928,730 times
Reputation: 6255
Quote:
Originally Posted by Rico Valencia View Post
The number of fortune 500 companies in Atlanta is very impressive yet housing in Atlanta is dirt cheap. With all that wealth and all the corporate bigwigs in Atlanta you would think that housing would be more expensive. Why is this?
Probably because they live in the suburbs and Atlanta is not big enough in population to have such a high increase like that - not much different than a lot of other major cities where many execs choose to live in the suburbs.
Reply With Quote Quick reply to this message
 
Old 06-06-2015, 05:59 PM
 
Location: London and New York
26 posts, read 29,110 times
Reputation: 44
Quote:
Originally Posted by Rico Valencia View Post
The number of fortune 500 companies in Atlanta is very impressive yet housing in Atlanta is dirt cheap. With all that wealth and all the corporate bigwigs in Atlanta you would think that housing would be more expensive. Why is this?
Because many of the executives don't even live in Atlanta.

For example, CNN. The CEO, executives and the top anchors have all fled Atlanta and moved to New York in the past few years, but the official headquarters still remains Atlanta (for now), for costs savings I presume.

CNN talent drains as anchors and executives desert Atlanta for New York City

Sometimes CEOs move corporations just because they want to live somewhere (i.e. Anheuser Busch and Cadillac recently moved to Manhattan just because their CEOs wanted to live there), but it doesn't make much sense imo. Once you're an executive, it's easy to leave the corporation in a low-tax place and just commute from where you really want to live to headquarters w/ jet.
Reply With Quote Quick reply to this message
 
Old 06-06-2015, 06:10 PM
 
Location: Philadelphia
11,829 posts, read 9,832,853 times
Reputation: 7981
Quote:
Originally Posted by Min-Chi-Cbus View Post
Good luck with that. It's very weird to see GE anywhere but metro NYC (Jersey would make the most sense, but whatevs), but any city/state fighting for their HQ is feeding into their plans to let somebody else subsidize millionaires and their mega-billion-dollar company. I'm so sick and tired of greedy companies doing this to their hometowns and home countries (Medtronic!) -- it's a race to the bottom, if you ask me (for the subsidizer).
Agreed completely.
Reply With Quote Quick reply to this message
 
Old 06-06-2015, 06:42 PM
 
6,795 posts, read 6,591,740 times
Reputation: 5411
Quote:
Originally Posted by Rico Valencia View Post
The number of fortune 500 companies in Atlanta is very impressive yet housing in Atlanta is dirt cheap. With all that wealth and all the corporate bigwigs in Atlanta you would think that housing would be more expensive. Why is this?
In the suburbs, housing is dirt cheap. Not exactly in the central, eastern, and northern parts of the city of Atlanta. Neighborhoods like Buckhead, Inman Park, Virginia Highlands, Peachtree Hills are super expensive to own in and evening renting is starting to get expensive.

A lot of Atlanta's wealth concentration is in Buckhead and the northern suburbs.
Reply With Quote Quick reply to this message
 
Old 06-06-2015, 07:00 PM
 
Location: Atlanta ,GA
9,086 posts, read 12,861,080 times
Reputation: 2908
Quote:
Originally Posted by GatsbyGatz View Post
This list would be much more interesting looking at the Fortune 100 companies. 1 company in the top 10 is easily worth 50-100 smaller companies in the end of the top 500.
Not necessarily,Some companies have lower revenue but have a high number of employeess.That more importatnt than having a office to call their headquarters with far less people usually.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > General U.S. > City vs. City
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top