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And Philip Morris at $154B, Bristol Meyers Squibb at $149B, Intuit at $146B, CitiGroup at $144B, Union Pacific at $143B, and Charter at $140B. Maybe a few that are on the edge enough that the difference between the 5th and right now toed the limits. The ones mentioned though are pretty firmly in.
Just to note if the list is to be updated:
McDonald's is in Illinois
Boeing is in Illinois
Philip Morris is in New York
Bristol Meyers Squibb is in New York
Intuit is in California
CitiGroup is in New York
Union Pacific is in Nebraska
Charter is in Connecticut
I'm fairly certain these had market caps above $100 billion on August 6th.
Valued at $200 Billion to $499,999,999,999: 29 Companies
JP Morgan Chase.....$470,634...New York............NORTHEAST
Johnson & Johnson..$455,708...New Jersey..........NORTHEAST
Walmart.................$406,957...Arkansas....... ......SOUTH
UnitedHealth...........$391,423...Minnesota....... .....MIDWEST
Mastercard..............$369,576...New York............NORTHEAST
Home Depot............$350,705...Georgia..............S OUTH
Bank of America......$346,384...North Carolina......SOUTH
Proctor & Gamble.....$343,583...Ohio...................MIDWE ST
PayPal.....................$328,468...California.. ..........WEST
Walt Disney.............$321,833...California. ...........WEST
McDonald's is in Illinois
Boeing is in Illinois
Philip Morris is in New York
Bristol Meyers Squibb is in New York
Intuit is in California
CitiGroup is in New York
Union Pacific is in Nebraska
Charter is in Connecticut
I'm fairly certain these had market caps above $100 billion on August 6th.
I remember 20 years ago when Boeing announced it was seeking a new HQ. It came down to Chicago, Dallas and Denver. They chose Chicago because the CEO said there was more "culture" there. Ironically, he retired to suburban Dallas. lol I was surprised they didn't chose DFW given that at the time, three large customers were based in Texas - American, SW and Continental
I just can’t help but wonder if it really matters where their HQ’s are. Most of those companies have operations and facilities in just about every major city in the country.
I just can’t help but wonder if it really matters where their HQ’s are. Most of those companies have operations and facilities in just about every major city in the country.
Austin is one of the fastest growing economies of the 2000s and they don’t have many F500s. Oracle was a first for them.
18Montclair is actually right about that. When every big tech company has their biggest employment center in San Jose even the ones not there, it benefits them just as much.
Austin is one of the fastest growing economies of the 2000s and they don’t have many F500s. Oracle was a first for them.
18Montclair is actually right about that. When every big tech company has their biggest employment center in San Jose even the ones not there, it benefits them just as much.
I wasn’t really speaking of Austin specifically, just generally speaking. I’ve been employed by Google, Cisco, Hewlett Packard Enterprise, IBM, ect but I’ve never lived in California. Those have satellite offices in Austin, Raleigh Durham, Atlanta, Boston, Philadelphia, NYC, Seattle, and more.. Surely those cities are beneficiaries of the extra economic activity. Oracle and HPE for example while only recently firmly establishing their HQ locations in Texas, were actually performing HQ activity in Texas for quite some time before they officially relocated. So I’m just trying to figure out, outside of tax purposes, does the HQ location really matter when high level operations for most of these companies occur all over the country?
For a company like Delta I can see it because their activity is centralized around HJIA and operations revolve around it in terms of relaying flights. For Tech operations though it gets a bit more murkey. For example, Atlanta and Austin share Home Depot IT operation NOC’s. IBM has innovation labs (Watson Lab) in Austin, SFO, Boston (Cambridge) and a few other places that all perform similar operations.
Some more than others. The big software/internet HQs, for example, have gigantic workforces, serving as both HQ and main "factory." Other companies like Boeing or GE have little HQs with their biggest workforces elsewhere.
LOL Project Falcon is the "code" name of the project here in Dallas to build a large site for Wells Fargo.
Could Wells Fargo’s ‘Project Falcon’ land bank’s headquarters in Dallas? - Triangle Business Journal
Yes, Texas media is really good at speculating about companies moving there. Chevron has been moving to Houston for darn near 30 years now.
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