• May 23, 2024

Big companies (Fortune 500) in Virginia

Written by The Steele Group Sotheby’s International Realty

Last year, in 2014, for the fourth consecutive year, six companies headquartered in Richmond, Virginia have sustained their position on Fortune Magazine’s list of 500 most successful companies in the USA. The magazine had released its ranking last year and as with every year, the ranking is based on the revenues generated by public companies in the USA.

The companies mentioned on the list and hailing from the Richmond area did not change since the year 2012. Their rankings stayed more or less the same as well. Several business analysts have reflected that this success in due to Richmond’s diverse economic atmosphere. The Fortune 1000 list features a total of 10 local companies. Industries that were represented in the top 1000 list consists of utilities, tobacco, insurance, automotive retailing, business services, chemicals and packaging.

Most notably, two out of the six companies listed on the Fortune 500 list have even progressed from their initial rankings. Automotive retail company CarMax Inc. which is based in Goochland County is now ranked at number 259 compared to being at number 279 in 2012. Another company, Owens & Minor Inc. which was initially ranked at 298 had moved one notch up the list. The most successful Virginia based company is the tobacco giant Altria Group Inc. which was ranked at 159 on the list. In 2012, Altria was ranked at the 156th place.

The Steele Group Sotheby’s International Realty provides the services of a Virginia real estate agent specifically for people seeking to find information on Henrico county real estate or relocate to Richmond. They are able to provide advices and deals on Henrico county homes.