PDF Fortune 500 Companies - Charlotte Chamber

Fortune 500 Companies

291 Companies in the Charlotte MSA, 2014

A major indicator of a city's economic strength and stability is the presence of Fortune 500 operations. The Fortune 500 list is compiled each year by Fortune magazine by ranking the previous year's annual revenues of large national and multinational corporations headquartered in the United States. Revenue does not have a direct relationship with profits or market value, but the list is a quantitative symbol of the scope, power and size of a particular company. Because Fortune does not include companies that do not file financial statements with government agencies or companies incorporated outside of the U.S., large corporations like Compass Group, Hendrick Automotive Group, Ingersoll Rand and National Gypsum Company are excluded from the list.

The companies on the Fortune 500 list represent an array of industries. They are also structurally diverse, ranging from partnerships and alliances to multiple business entities. It is no surprise that metro areas find it attractive to recruit these companies' headquarters due to the potential capital and labor investment and the extent of secondary investment. These headquarters also give global recognition to a city as a major center of business activity and contribute greatly to corporate giving for arts, education and cultural amenities in an area.

Rank 21 52 123 150 271 309 469

Charlotte MSA Fortune 500 Headquarters

Company Bank of America Lowe's Duke Energy Nucor Family Dollar Stores Sonic Automotive Domtar

Revenue (billions) $101.7 $53.4 $24.6 $19.1 $10.4 $8.8 $5.4

Note: In June 2015, Sealed Air broke ground on its new corporate headquarters in Charlotte. They relocated from New Jersey in 2014. This is not reflected in the 2014 Fortune 500 listing.

330 South Tryon Street, Charlotte, NC 28202 704.378.1300 charlotte.global @cltecondev and @cltchamber

The Charlotte metro area boasts seven Fortune 500 headquarters, ranking the MSA 20th nationally in number of Fortune 500 company headquarters. These headquarters represent more than $223.4 billion in revenue for 2013. More importantly, 291 of the Fortune 500 companies have made a commitment to Charlotte by placing one or more of their facilities within the MSA. This report lists a key representative of each of the Fortune companies that have a facility in the Charlotte MSA.

The Charlotte metropolitan statistical area (MSA) includes the following counties: Cabarrus, Gaston, Iredell, Lincoln, Mecklenburg, Rowan and Union in North Carolina, and Chester, Lancaster and York in South Carolina.

Top Metropolitan Areas by Fortune 500 Headquarters

Rank Metropolitan Area

HQ

1

New York-Newark-Jersey City, NY-NJ-PA

72

2

Chicago-Naperville-Elgin, IL-IN-WI

30

3

Houston-The Woodlands-Sugar Land, TX

26

4

Los Angeles-Long Beach-Anaheim, CA

19

5

Dallas-Fort Worth-Arlington, TX

18

6

Minneapolis-St. Paul-Bloomington, MN-WI

17

6

San Francisco-Oakland-Hayward, CA

17

6

Washington-Arlington-Alexandria, DC-VA-MD-WV 17

9

Atlanta-Sandy Springs-Roswell, GA

15

9

San Jose-Sunnyvale-Santa Clara, CA

15

11 Detroit-Warren-Dearborn, MI

13

12 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

11

13 Boston-Cambridge-Newton, MA-NH

10

13 Bridgeport-Stamford-Norwalk, CT

10

15 Denver-Aurora-Lakewood, CO

9

15 Seattle-Tacoma-Bellevue, WA

9

15 St. Louis, MO-IL

9

18 Cincinnati, OH-KY-IN

8

18 Pittsburgh, PA

8

20 Charlotte-Concord-Gastonia, NC-SC

7

20 Miami-Fort Lauderdale-West Palm Beach, FL

7

20 Milwaukee-Waukesha-West Allis, WI

7

Charlotte Area Highlights: Industry Group Rankings by Revenue

Industry Automotive Retailing, Services Commercial Banks Forest & Paper Products General Merchandisers Metals Specialty Retailers, Other Utilities, Gas & Electric

Company Sonic Automotive Bank of America Domtar Family Dollar Stores Nucor Lowe's Duke Energy

Industry Group Ranking 6 2 3 9 2 3 2

Industry group rankings come from the Fortune 500 issue of Fortune magazine, June 2014.

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Fortune 500 Companies Represented in the Charlotte MSA



While Charlotte did not gain any new Fortune 500 headquarters in the 2014 listing, a few companies climbed up in the rankings and one fell off into the Fortune 1000. Duke Energy climbed from No. 145 to No. 123. Since its merger with Progress Energy, Duke Energy is the largest electric power holding company in the nation. Family Dollar Stores continued its rise in the rankings, moving 16 spots to No. 271. In 2013, Family Dollar had moved from No. 301 to No. 287. SPX dropped off the Fortune 500 list, moving from No. 431 in 2013 to No. 503.

The Charlotte area now boasts 10 Fortune 1000 headquarters. SPX Corporation, CommScope Holding Company, Inc. and Curtiss-Wright Controls joined the 2014 list. This brings the total number of Fortune 1000 headquarters in the Charlotte region to 17 (including the Fortune 500 companies).

The state of North Carolina is home to 13 Fortune 500 headquarters, with the city of Charlotte claiming the largest number of headquarters in the state (four). Winston-Salem and Greensboro both boast two headquarters each, and Burlington, Cary, Durham, Matthews and Mooresville each claim one.

The research for this report was conducted by referencing the 2014 Fortune 500 list to online directories and company websites to produce a list of Fortune 500 affiliates and subsidiaries located in the Charlotte MSA. The goal of this report is not to link all Fortune 500 companies in the area to their parent; it is to identify a major holding of the parent in the Charlotte market to ensure its presence. Thus, all of the Fortune 500 affiliates that do business in the area may not be listed in this report. Only those companies with major affiliates clearly identified by a physical office or location within the Charlotte MSA are included. One major office for each identified Fortune 500 company is listed. Any additional subsidiaries are listed by name and can be referenced to the local phone directory for further contact information.

The full Fortune 500 list can be found at fortune500.

Rank 503 519 553 603 616 631 660 690 717 833

Charlotte MSA Fortune 1000 Headquarters

Company

Revenue (billions)

SPX

$4.9

Harris Teeter Supermarkets

$4.7

Resolute Forest Products

$4.5

Belk

$4.0

American Tire Distributors

$3.8

Carlisle

$3.7

CommScope

$3.5

Babcock & Wilcox

$3.3

Chiquita Brands International

$3.1

Curtiss-Wright

$2.5



Fortune 500 Companies Represented in the Charlotte MSA

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(1) Wal-Mart Stores Multiple Listings: Consult Local Phone Directory Sam's Club Distribution Center, Sam's Club Stores,

Wal-Mart Distribution Center

(2) Exxon Mobil Multiple Listings: Consult Local Phone Directory

(3) Chevron Chevron Auto Service Center 8009 Old Statesville Rd., Charlotte, NC 28269 704.598.5004 Havoline xpress lube

(4) Berkshire Hathaway Precision Steel Warehouse Inc. 2027 Gateway Blvd., Charlotte, NC 28208 704.394.3341 Altaquip, Business Wire, CORT Furniture Rental,

Dairy Queen, GEICO, General Reinsurance, Helzberg Diamonds, Marmon/Keystone, Netjets, XTRA Lease

(5) Apple Apple Store Multiple Listings: Consult Local Phone Directory

(15) McKesson McKesson Technology Solutions 10735 David Taylor Dr., Ste. 100 Charlotte, NC 28262 704.549.7000 McKesson Packaging Services

(16) Verizon Communications Verizon Wireless Multiple Listings: Consult Local Phone Directory

(17) Hewlett-Packard HP Charlotte Education Center 10101 Claude Freeman Dr. Charlotte, NC 28262 800.472.5277

(18) JPMorgan Chase & Co. Chase Commercial Bankings 214 N. Tryon St., Ste. 3900 Charlotte, NC 28202 704.339.6824 Chase Custom Finance

(19) Costco Wholesale Multiple Listings: Consult Local Phone Directory

(28) AmerisourceBergen Lash Group 3735 Glenlake Dr., Ste. 300 Charlotte, NC 28208 704.357.8869

(29) Wells Fargo East Coast Headquarters 301 S. Tryon St., Charlotte, NC 28282 704.383.4877 Wells Fargo Advisors, Wells Fargo Bank, Wells

Fargo Home Mortgage

(31) Procter & Gamble Duracell 1551 Highway 9 Bypass W, Lancaster, SC 29720 803.285.8401

(33) Home Depot Home Depot Stores Multiple Listings: Consult Local Phone Directory Home Depot Distribution Center

(34) Microsoft 8055 Microsoft Way, Charlotte, NC 28273 980.776.8084

(6) Phillips 66 Multiple Listings: Consult Local Phone Directory

(7) General Motors GM Financial 12125 Herbert Wayne Ct., Ste. 100 Huntersville, NC 28078 704.632.6000 General Motors Service Parts

(9) General Electric GE Consumer Finance 2801 W. Tyvola Rd., Charlotte, NC 28217 980.233.2668 GE Energy, GE International Inc., GE Lighting/

Consumer Sales

(11) AT&T Multiple Listings: Consult Local Phone Directory AT&T Business Solutions, AT&T Business

Systems/Small Business

(12) CVS Caremark CVS Stores Multiple Listings: Consult Local Phone Directory

(13) Fannie Mae Fannie Mae/N.C. Community Business Center 112 S. Tryon St., Ste. 1100 Charlotte, NC 28284 704.344.6960

(14) UnitedHealth Group United HealthCare of North Carolina 6101 Carnegie Blvd., Ste. 500 Charlotte, NC 28209 704.442.4145

(21) Bank of America Corporation* Corporate Headquarters 100 N. Tryon St., Charlotte, NC 28202 704.386.5687 Merrill Lynch, U.S. Trust Co.

(22) Cardinal Health Multiple Listings: Consult Local Phone Directory Cardinal Health Distribution

(23) International Business Machines 10330 David Taylor Dr., Charlotte, NC 28262 704.340.9089

(24) Kroger Harris Teeter Multiple Listings: Consult Local Phone Directory

(25) Marathon Petroleum Marathon Petroleum Terminal 8035 Mount Holly Rd., Charlotte, NC 28214 704.392.1345

(26) CitiGroup Citi Fort Mill 605 Munn Rd., Fort Mill, SC 29715 803.835.4918 CitiFinancial

(27) Archer Daniels Midland ADM Milling 620 W. 10th St., Charlotte, NC 28202 704.332.3165 ADM Kershaw, ADM Trucking Inc.

Fortune 500 ranking indicated in parentheses. * Headquarters

(36) Target Target Stores Multiple Listings: Consult Local Phone Directory

(37) Walgreen Walgreens Stores Multiple Listings: Consult Local Phone Directory Walgreens District Office

(38) Wellpoint 14120 Ballantyne Corporate Pl., Ste. 225 Charlotte, NC 28277 704.540.2611

(39) Johnson & Johnson DePuy Orthopaedics 900 Center Park Dr., Ste. G Charlotte, NC 28217 704.423.0033

(40) American International Group 4725 Piedmont Row Dr., Ste. 500 Charlotte, NC 28210 704.553.5000

(41) State Farm Insurance Companies State Farm Operations Center 13860 Ballantyne Corporate Pl., Ste. 500 Charlotte, NC 28277 704.759.2221 State Farm Insurance Agencies

(42) MetLife 11215 N. Community House Rd. Charlotte, NC 28277 800.854.6011 MetLife Financial Services, MetLife Home Loans,

MetLife Small Business Center, Thompson Financial Group

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Fortune 500 Companies Represented in the Charlotte MSA



(43) PepsiCo Pepsi Beverges Co. Multiple Listings: Consult Local Phone Directory Frito Lay

(61) Walt Disney ESPN Regional Television 11001 Rushmore Dr., Charlotte, NC 28277 704.973.5000

(81) Delta Air Lines Charlotte Douglas International Airport Charlotte, NC 28208 800.221.1212

(44) Comcast NBC News Channel 925 Woodridge Center Dr. Charlotte, NC 28217 704.329.8700

(45) United Technologies UTC Aerospace Systems 2730 W. Tyvola Rd., Ste. 400 Charlotte, NC 28217 704.423.7000 Carrier Commercial Services, Carrier Corp.,

Carrier Enterprise Southeast, Carrier Transicold Mid-Atlantic, Otis Elevator, UTC Fire and Security

(48) Dow Chemical 6101 Orr Rd., Charlotte, NC 28213 704.596.3021

(49) Caterpillar Caterpillar Financial Services 14120 Ballantyne Corporate Pl., Ste. 425 Charlotte, NC 28277 704.752.1333

(63) SYSCO 4500 Corporate Dr. NW, Concord, NC 28027 704.786.4500 FreshPoint Charlotte, SYGMA Network Inc.

(82) Oracle 15800 John J. Delaney Dr., Ste. 500 Charlotte, NC 28277 704.357.3155

(64) FedEx FedEx Corp. Multiple Listings: Consult Local Phone Directory FedEx Freight, FedEx Ground, FedEx Office,

FedEx Smart Post, FedEx Trade Networks

(83) Morgan Stanley 6101 Carnegie Blvd., Ste. 200 Charlotte, NC 28209 704.571.3200 Morgan Stanley Smith Barney

(65) Merck 10301 David Taylor Dr., Charlotte, NC 28262 704.345.6789

(68) Johnson Controls 9844 Southern Pine Blvd., Ste. B Charlotte, NC 28273 704.521.8889

(69) Ingram Micro AVAD 3101 Yorkmont Rd., Ste. 300 Charlotte, NC 28208 704.359.9900

(84) Hess Hess Corp 13850 Ballantyne Corporate Pl., Ste. 175 Charlotte, NC 28277 704.544.6655

(85) Twenty-First Century Fox FOX Network Center Charlotte 1220 W. WT Harris Blvd., Charlotte, NC 28262 704.501.5900 FOX Sports Carolinas

(86) DuPont Multiple Listings: Consult Local Phone Directory

(50) United Parcel Service The UPS Store Multiple Listings: Consult Local Phone Directory UPS Supply Chain Solutions

(51) Pfizer 1345 Maryland Ave., Charlotte, NC 28209 704.372.7007

(52) Lowe's* Corporate Headquarters 1000 Lowes Blvd., Mooresville, NC 28117 704.758.1000 Lowe's Home Improvement Warehouse

(55) Cisco Systems 1900 South Blvd., Ste. 200 Charlotte, NC 28203 704.338.3030

(56) Enterprise Products Partners Chemical Terminal Location 201 Black Satchel Dr., Charlotte, NC 28216 704.392.9761

(70) Plains GP Holdings 2470 Old York Rd., York, SC 29745 803.684.3006

(72) Prudential Financial 2701 Coltsgate Rd., Ste. 220 Charlotte, NC 28211 704.442.1481 Prudential Carolinas Realty

(73) Humana Multiple Listings: Consult Local Phone Directory Humana Specialty Benefits

(76) Liberty Mutual Insurance Group Liberty Mutual Insurance Co. Multiple Listings: Consult Local Phone Directory

(77) Honeywell International 8008 Corporate Center Dr., Ste. 120 Charlotte, NC 28226 704.541.0795 Honeywell Safety Products, Honeywell

Scannning & Mobility

(57) Aetna 2815 Coliseum Centre Dr., Charlotte, NC 28217 704.357.7570

(60) Best Buy Best Buy Stores Multiple Listings: Consult Local Phone Directory

(78) United Continental Holdings United Airlines 5501 Josh Birmingham Pkwy. Charlotte, NC 28208 704.359.4400

(80) Deere John Deere Landscapes Multiple Listings: Consult Local Phone Directory

(87) Sears Holdings Sears Stores Multiple Listings: Consult Local Phone Directory Kmart, Sears Outlet

(88) New York Life Insurance 6100 Fairview Rd., Ste. 400 Charlotte, NC 28210 704.371.8500

(89) Mondelez International 1337 Hundred Oaks Dr., Ste. B Charlotte, NC 28217 704.565.5500

(90) American Express 492 Agnew Rd., Mooresville, NC 28117 704.366.8979

(91) Nationwide Nationwide Mutual Insurance Co. 5970 Fairview Rd., Ste. 300 Charlotte, NC 28210 704.554.4200 Nationwide Insurance Agencies

(92) Allstate Allstate Insurance - Call Center 401 McCullough Dr., Charlotte, NC 28262 800.255.7828 Allstate Insurance Agencies, Allstate Records

Center



Fortune 500 Companies Represented in the Charlotte MSA

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