Fall 2006

Where the Executives Roam

Corporations have more options for locating their headquarters than ever before, benefiting smaller metropolitan areas
By Charles Gerena

Fortune 1000 Companies in the Fifth District

DISTRICT OF COLUMBIA

The nation's capital still manages to house its share of corporate headquarters.

Fortune Rank	Company
283	Pepco Holdings
287	Danaher
534	Washington Post
611	Harman International Industries
762	WGL Holdings

MARYLAND

Bethesda, a Maryland suburb just north of Washington, D.C., is home to more Fortune 1000 firms than Baltimore. However, Baltimore still serves as a hub for financial services corporations.

Fortune Rank	Company	City
52	Lockheed Martin	Bethesda
125	Constellation Energy	Baltimore
203	Marriott International	Bethesda
328	Coventry Health Care	Bethesda
330	Black & Decker	Towson
502	Host Marriott	Bethesda
670	McCormick	Sparks
675	W.R. Grace	Columbia
695	Legg Mason	Baltimore
926	Vertis	Baltimore
944	USEC	Bethesda
963	T. Rowe Price	Baltimore

NORTH CAROLINA

Two of the nation's largest banks are headquartered in Charlotte, along with nine other Fortune 1000 companies. Other clusters of corporate headquarters can be found in North Carolina's Research Triangle and Piedmont Triad regions.

Fortune Rank	Company	City
12	Bank of America	Charlotte
42	Lowe's	Mooresville
57	Wachovia	Charlotte
117	Duke Energy	Charlotte
177	Nucor	Charlotte
222	Progress Energy	Raleigh
276	Sonic Automotive	Charlotte
280	Reynolds American	Winston-Salem
292	BB&T	Winston-Salem
333	VF	Greensboro
369	Family Dollar Stores	Matthews
402	Goodrich	Charlotte
446	SPX	Charlotte
478	Jefferson-Pilot	Greensboro
511	Pantry	Sanford
563	Laboratory Corp. of America	Burlington
624	Ruddick	Charlotte
649	Belk	Charlotte
680	Carlisle	Charlotte
744	Ingles Markets	Black Mountain
781	Quintiles Transnational	Durham
804	Martin Marietta Materials	Raleigh
871	Piedmont Natural Gas	Charlotte
914	Dex Media	Cary
981	Sealy	Trinity

SOUTH CAROLINA

Only four Fortune 1000 companies are located in the Palmetto State, although major private corporations like Extended Stay America and Milliken & Co. are also based here.

Fortune Rank	Company	City
447	SCANA	Columbia
540	Sonoco Products	Hartsville
544	Bowater	Greenville
982	ScanSource	Greenville

VIRGINIA

A dozen corporations are headquartered within the Richmond metropolitan area, along with major subsidiaries of corporations such as Philip Morris USA and Wachovia Securities.

Fortune Rank	Company	City
59	Sprint Nextel	Reston
100	General Dynamics	Falls Church
123	Dominion Resources	Richmond
187	Capital One Financial	McLean
205	Smithfield Foods	Smithfield
221	AES	Arlington
223	Genworth Financial	Richmond
226	Circuit City Stores	Richmond
270	Norfolk Southern	Norfolk
296	Gannett	McLean
331	SLM	Reston
349	Performance Food Group	Richmond
395	Brink's	Richmond
410	NVR	Reston
411	CarMax	Richmond
443	Owens & Minor	Mechanicsville
477	Advance Auto Parts	Roanoke
500	LandAmerica Financial	Richmond
555	Dollar Tree Stores	Chesapeake
569	Universal	Richmond
732	Amerigroup	Virginia Beach
756	Massey Energy	Richmond
758	Markel	Glen Allen
776	Albemarle	Richmond
854	Sunrise Senior Living	McLean
876	NII Holdings	Reston
920	Alpha Natural Resources	Abingdon
921	CACI	Arlington
974	Anteon International	Fairfax
998	XO Communications	Reston

Complete list of Fortune 500's annual ranking of America's largest corporations:

http://money.cnn.com/magazines/fortune/fortune500/full_list/

NOTE: List is ranked by revenues. All companies on the list must publish financial data and must report part or all of their figures to a government agency. Private companies and cooperatives that produce a 10-K are, therefore, included; subsidiaries of foreign companies incorporated in the United States are excluded. West Virginia had only one Fortune 1000 firm headquarters located in Wheeling, which isn't within the official boundaries of the Fifth Federal Reserve District.

SOURCE: Fortune magazine, April 17, 2006