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Listings in Fortune 500
Companies that are listed in the Fortune 500 annual list.
Alcoa
Alcoa Corporation (a portmanteau of Aluminum Company of America) is an American industrial corporation. It is the world’s eighth largest producer of aluminum,[2] with corporate headquarters in Pittsburgh, Pennsylvania.[3] Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling.[4] In May 2007 Alcoa Inc. made a US$27 billion hostile takeover bid for Alcan in an attempt to form the world’s largest aluminum producer.[5] The bid was withdrawn when Alcan announced a friendly takeover by Rio Tinto in July 2007.[6] On November 1, 2016, Alcoa Inc. split into two new entities: Alcoa Corporation, which is engaged in the mining and manufacture of raw aluminium, and Arconic, which processes aluminum and other metals.[7] Alcoa moved its headquarters back to Pittsburgh effective September 1, 2017.[8] In October 2018, Alcoa announced plans to move from Pittsburgh’s North Shore to a more downtown Pittsburgh location.
Alleghany
Alleghany Corporation is an investment holding company originally created by the railroad entrepreneurs Oris and Mantis Van Sweringen as a holding company for their railroad interests. It was incorporated in 1929[3] and reincorporated in Delaware in 1984.[4] After the company’s bankruptcy in the Great Depression, control of the company fell into the hands of Robert Ralph Young and Allan Price Kirby. Young used the company as a vehicle for his vendetta against the J.P. Morgan banking interests, who had financed the Van Sweringens and managed to defeat them and the Vanderbilt interests in a 1954 proxy fight for the New York Central Railroad. The failing New York Central was in worse shape than Young had bargained for and he committed suicide shortly after being forced to suspend the dividend in January 1958. After Young’s death, his role in NYC management was assumed by his protégé Alfred E. Perlman. Although much had been accomplished to streamline NYC operations, in those tough economic times, mergers with other railroads were seen as the only possible road to financial stability. The most likely suitor became the NYC’s former arch-rival Pennsylvania Railroad. During the early 1960s, New York Central negotiated a merger with the Pennsylvania Railroad (PRR), which was led by Stuart T. Saunders after 1963. Saunders had most recently led the Norfolk and Western Railway through a successful expansion through acquisition and mergers including the Virginian Railway, Nickel Plate Road and Wabash Railway. There was great hope that success would result from the NYC-PRR combination. Penn Central Transportation Company was formed by the merger on February 1, 1968. However, the underlying financial weakness of both former railroads, combined with the fact that the ICC forced the chronically weak New Haven Railroad into the system, doomed the Penn Central and bankruptcy was declared a little over 2 years later, on June 21, 1970. Many of the Penn Central railroad assets ended up in Conrail, formed in 1976. The bankruptcy of the Penn Central railroad mostly ended Alleghany’s involvement in the railroad business. The company’s residual railroad investments led to president and CEO John J. Burns serving on the board of Burlington Northern Santa Fe Corporation from 1995 to 2004. Now Alleghany Corporation focuses on the insurance business (property, casualty, surety and fidelity insurance). Until his death in February 2011, Allan Kirby’s son, Fred M. Kirby 2nd, was the chairman of the board and a sometime member of the Forbes 400 list of richest Americans.
Alliance Data Systems
Alliance Data Systems Corporation is a publicly traded provider of loyalty and marketing services, such as private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.
Allstate
The Allstate Corporation is an American insurance company that is in the United States. The company also has personal lines insurance operations in Canada. Allstate was founded in 1931 as part of Sears, Roebuck and Co., and was spun off in 1993.[2] The company has had its headquarters in Northfield Township, Illinois, near Northbrook since 1967.[4][5] Allstate is one of the largest American corporations, and with 2018 revenues of $39.8 billion ranked 79th in the Fortune 500 list of the largest United States corporations by total revenue.[6] Its current advertising campaign, in use since 2004, asks, “Are you in good hands?”
Ally Financial
Ally Financial is a bank holding company organized in Delaware and headquartered in Detroit, Michigan. The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets. Ally is ranked 19th on the list of largest banks in the United States by assets, is the largest car finance company in the U.S. by volume,[2] and serves over 6 million customers.[1] Via its SmartAuction online marketplace for auto auctions, launched in 2000, the company has sold more than 5 million vehicles, including 281,000 vehicles sold in 2018.[1][3] The company was known as GMAC, an acronym for General Motors Acceptance Corporation, until 2010.
Alphabet
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a corporate restructuring of Google on October 2, 2015,[2] and became the parent company of Google and several former Google subsidiaries.[3][4][5] The two founders of Google assumed executive roles in the new company, with Larry Page serving as CEO and Sergey Brin as president.[6] Alphabet is the world’s fifth-largest technology company by revenue and one of the world’s most valuable companies.[7][8] The establishment of Alphabet was prompted by a desire to make the core Google internet services business “cleaner and more accountable” while allowing greater autonomy to group companies that operate in businesses other than Internet services.
Altria Group
Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world’s largest producers and marketers of tobacco, cigarettes and related products. It operates worldwide and is headquartered in Henrico County, Virginia, just outside the city of Richmond. Altria is the parent company of Philip Morris USA (producer of Marlboro cigarettes), John Middleton, Inc., U.S. Smokeless Tobacco Company, Inc., Philip Morris Capital Corporation, and Chateau Ste. Michelle Wine Estates. Altria also maintains large minority stakes in Belgium-based brewer ABInBev, the Canadian cannabis company Cronos Group, and the e-cigarette maker JUUL Labs. It is a component of the S&P 500 and was a component of the Dow Jones Industrial Average from 1985 to 2008, dropping due to spin-offs of Kraft Foods Inc. in 2007 and Philip Morris International in 2008.
Amazon.com
Amazon.com, Inc.[6] (/?æm?z?n/), is an American multinational technology company based in Seattle, Washington, that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Four technology companies along with Google, Apple, and Facebook.[7][8][9] Amazon is known for its disruption of well-established industries through technological innovation and mass scale.[10][11][12] It is the world’s largest e-commerce marketplace, AI assistant provider, and cloud computing platform[13] as measured by revenue and market capitalization.[14] Amazon is the largest Internet company by revenue in the world.[15] It is the second largest private employer in the United States[16] and one of the world’s most valuable companies. Amazon is the second largest technology company by revenue. Amazon was founded by Jeff Bezos on July 5, 1994, in Bellevue, Washington. The company initially started as an online marketplace for books but later expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewelry. In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization.[17] In 2017, Amazon acquired Whole Foods Market for $13.4 billion, which vastly increased Amazon’s presence as a brick-and-mortar retailer.[18] In 2018, Bezos announced that its two-day delivery service, Amazon Prime, had surpassed 100 million subscribers worldwide.[19][20] Amazon distributes downloads and streaming of video, music, audiobook through its Amazon Prime Video, Amazon Music, and Audible subsidiaries. Amazon also has a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, and a cloud computing subsidiary, Amazon Web Services. It produces consumer electronics including Kindle e-readers, Fire tablets, Fire TV, and Echo devices. In addition, Amazon subsidiaries include Ring, Twitch.tv, Whole Foods Market, and IMDb. Among various controversies, the company has been criticized for technological surveillance overreach,[21] a hyper-competitive and demanding work culture,[22] tax avoidance,[23] and anti-competitive practices.
Ameren
Ameren Corporation is an American power company created December 31, 1997 by the merger of St. Louis, Missouri’s Union Electric Company (formerly NYSE: UEP) and the neighboring Central Illinois Public Service Company (CIPSCO Inc. holding, formerly NYSE: CIP) of Springfield, Illinois.[4] It is now a holding company for several power companies and energy companies. The company is based in St. Louis, serving 2.4 million electric, and 900,000 natural gas customers across 64,000 square miles.[5] Ameren is the holding company for the following:[6] Ameren Missouri Ameren Illinois Ameren Transmission Company The Ameren Missouri subsidiary owns Bagnell Dam on the Osage River, which forms the Lake of the Ozarks. Ameren Missouri is responsible for managing water levels on the lake according to federal regulations.
American Airlines Group
American Airlines Group Inc. is an American publicly traded airline holding company headquartered in Fort Worth, Texas. It was formed December 9, 2013, in the merger of AMR Corporation, the parent company of American Airlines, and US Airways Group, the parent company of US Airways.[6] The airline groups together form the largest airline in the world, with more than 6,700 daily flights to 350 locations in 56 countries worldwide, about $40 billion in operating revenue, over 100,000 employees, and plans to take delivery of 607 new aircraft, including 517 narrowbody aircraft and 90 widebody international aircraft.[7] The integration of American Airlines and US Airways was completed when the Federal Aviation Administration granted a single operating certificate for both carriers on April 8, 2015.[8] The company ranked No. 71 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
American Electric Power
American Electric Power (AEP) is a major investor-owned electric utility in the United States of America, delivering electricity to more than five million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile (63,000 km) network that includes 765 kilovolt ultra-high voltage transmission lines, more than all other U.S. transmission systems combined.[4] AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in the Electric Reliability Council of Texas, the transmission system that covers much of Texas. AEP’s utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia, West Virginia, and Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP’s headquarters are in Columbus, Ohio. American Electric Power was the first utility to utilize 345 kV transmission lines which took place in 1953. The company ranked 185th on the 2018 Fortune 500 of the largest United States corporations by revenue.
American Express
The American Express Company, also known as Amex, is an American multinational financial services corporation headquartered in Three World Financial Center in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average.[5] The company is best known for its charge card, credit card, and traveler’s cheque businesses. In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the United States.[6] As of December 31, 2018, the company had 114.0 million cards in force, including 53.7 million cards in force in the United States, each with an average annual spending of $19,340.[4] In 2017, Forbes named American Express as the 23rd most valuable brand in the world (and the highest within financial services), estimating the brand to be worth US$24.5 billion.[7] In 2018, Fortune ranked American Express as the 14th most admired company worldwide,[8] and the 23rd best company to work for.[9] The company’s logo, adopted in 1958, is a gladiator or centurion[10] whose image appears on the company’s traveler’s cheques, charge cards and credit cards.
American Family Insurance Group
American Family Insurance, also abbreviated as AmFam, is an American private mutual company that focuses on property, casualty, and auto insurance, and also offers commercial insurance, life, health, and homeowners coverage as well as investment and retirement-planning products. A Fortune 500 company, its revenues were over $9.5 billion in 2017.[3][4] It should not be confused with American Family Home Insurance Company, a subsidiary of Munich Re subsidiary American Modern Insurance Group, Inc., or American Family Life Assurance Company of Columbus.
American Financial Group
American Financial Group, Inc. is an American financial services holding company based in Cincinnati, Ohio.[1] Its primary businesses are insurance and investments.
American Tower
American Tower Corporation (also referred to as American Tower or ATC) is an American publicly held company, owner and operator of wireless and broadcast communications infrastructure in several countries. American Tower is headquartered in Boston, Massachusetts and has local offices worldwide.[3] The company was formed in 1995 as a unit of American Radio Systems, and was spun off from that company in 1998 when that company merged with CBS Corporation. Following the merger, American Tower began international expansion by establishing operations in Mexico in 1998 and Brazil in 1999. The company is structured as a real estate investment trust and was named to Fortune magazine’s Fortune 500 for the first time in 2017. In 2005, American Tower merged with SpectraSite Communications, Inc., expanding its global portfolio to over 22,000 owned communications sites including over 21,000 wireless towers, 400 broadcast towers and 100 in-building DAS (Distributed Antenna System) sites. The merger further established American Towers position as one of the largest tower owner and operators in North America. Between 2007 and 2012, American Towers international growth continued with operations in India, Peru, Chile, Colombia, South Africa, Ghana and Uganda. In 2013, American Tower acquired its smaller rival Global Tower Partners for 4.8 billion. This acquisition added sites to their U.S. portfolio and added operations in Costa Rica and Panama. Currently American Tower owns and operates over 170,000 sites in 16 countries. Soon after American Tower was founded, the company began purchasing numerous AT&T Long Lines microwave telephone relay towers. Upon acquisition of these sites from the now defunct AT&T Communications, Inc., American Tower began repurposing the towers for use as cell towers, and leasing antenna space to various American cell phone providers and private industries. Then, most of the former AT&T Long Lines sites had their horn-reflector antennas removed, either by helicopter or by crane, to make room for more antennas. Since AT&T’s Long Lines Program was decommissioned in the 1980s, and the company no longer had any use for the towers themselves, American Tower now owns most of these tower structures across the entire continental United States. The picture below depicts a former AT&T Long Lines microwave radio relay tower, now repurposed by American Tower Corporation.
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Ameriprise Financial
Ameriprise Financial, Inc. is an American diversified financial services company.[2] Ameriprise Financial engages in business through its subsidiaries, providing financial planning, products and services, including wealth management, asset management, insurance, annuities, and estate planning. Ameriprise Financial, Inc., the holding company, is incorporated in Delaware. The company’s headquarters are in Minneapolis, Minnesota. James Cracchiolo is the chairman and chief executive officer. The company’s primary subsidiaries include Ameriprise Financial Services, Inc., and RiverSource Life Insurance Company. Following a 2015 merger of Columbia Management and Threadneedle Asset Management, Columbia Threadneedle Investments, is Ameriprise Financial’s global asset management brand, and a provider of investments to institutional and retail clients.
AmerisourceBergen
AmerisourceBergen Corporation is an American drug wholesale company that was formed by the merger of Bergen Brunswig and AmeriSource in 2001.[2] They provide drug distribution and related services designed to reduce costs and improve patient outcomes, distribute a line of brand name and generic pharmaceuticals, over-the-counter (OTC) health care products and home health care supplies and equipment to a wide variety of health care providers located throughout the United States, including acute care hospitals and health systems, independent and chain retail pharmacies, mail-order facilities, physicians, clinics and other alternate site facilities, as well as skilled nursing and assisted living centers. They also provide pharmaceuticals and pharmacy services to long-term care, workers’ compensation and specialty drug patients. AmerisourceBergen is a market leader in pharmaceutical distribution handling about 20% of all of the pharmaceuticals sold and distributed throughout the country and ranked 12th on the Fortune 500 list for 2018 with over $153 billion in annual revenue.[3] In terms of revenue (79.49 billion in 2012) the firm is the largest based in Pennsylvania.
Amgen
Amgen Inc. (formerly Applied Molecular Genetics Inc.[5][6]) is an American multinational biopharmaceutical company headquartered in Thousand Oaks, California. In 2018, the company’s largest selling product lines were Neulasta, an immunostimulator used to prevent infections in patients undergoing cancer chemotherapy and Enbrel, a tumor necrosis factor blocker used in the treatment of rheumatoid arthritis and other autoimmune diseases. Other products include Epogen, Aranesp, Sensipar/Mimpara, Nplate, Vectibix, Prolia and XGEVA.[2] Amgen, which is one of the world’s largest biotechnology companies, was established in Newbury Park, California in 1980, where its world headquarters are located.[7][8] It had 5,125 employees in Thousand Oaks as of 2017, which made up 7.5% of the city’s total employment.[9] It is the largest employer in Ventura County.[8][10] Amgen has attracted hundreds of scientists to the Newbury Park area. Focused on the cutting edge of molecular biology and biochemistry, its goal is to provide a healthcare business based on recombinant DNA technology.
Amphenol
Amphenol Corporation is a major producer of electronic and fiber optic connectors, cable and interconnect systems such as coaxial cables.[3] Amphenol is a portmanteau from the corporation’s original name, American Phenolic Corp.[4] Amphenol was founded in Chicago in 1932 by entrepreneur Arthur J. Schmitt, whose first product was a tube socket for radio tubes (valveholder bases).[5] Amphenol expanded significantly during World War II, when the company became the primary manufacturer of connectors used in military hardware, including airplanes and radios. From 1967 to 1982 it was part of Bunker Ramo Corporation. The company sells its products into diverse electronics markets, including military-aerospace, industrial, automotive, information technology, mobile phones, wireless infrastructure, broadband, medical, and pro audio. Operations are located in more than 60 locations around the world. Amphenol’s world headquarters is located in Wallingford, Connecticut.[6] The largest division of Amphenol is Amphenol Aerospace (formerly Bendix Corporation) in Sidney, New York. This is the birthplace of the MIL-DTL-38999 cylindrical connector. Amphenol engineers also invented the commonly used BNC connector (“Bayonet Neill-Concelman”). Amphenol Fiber Systems International is a fiber optic company started in 1993 that specializes in the fabrication and manufacturing of fiber optic connectivity products and systems. AFSI provides solutions for communication systems based on fiber optic interconnect technology. AFSI employs over 100 people at its 50,000 square foot facility in the heart of the telecom corridor in Allen, just north of Dallas, Texas.[7] Amphenol Cables on Demand, another division of Amphenol launched in December 2006, specializes in distributing standard cable assemblies via their e-commerce storefront. They sell more than 2500 audio, video, computer, and networking cables. Offices are located in New York, California, Florida, Toronto, and China.
Amtrust Financial Services
AmTrust Financial Services, Inc., is a New York City-based multinational property and casualty insurance company.[4] Operating through its subsidiaries, its operations are divided into three segments: Small Commercial Business insurance, Specialty Risk and Extended Warranty insurance, and Specialty Middle-Market Property and Casualty insurance. The companys main regions of operations are North America, United Kingdom, and mainland Europe. AmTrust is listed on the NASDAQ Global Market under the ticker symbol AFSI and is rated A- (Excellent) by AM Best Company.[5] Barry Zyskind is the Chief Executive Officer.