Region Focus

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 RankCompany
283Pepco Holdings
287Danaher
534Washington Post
611Harman International Industries
762WGL 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 RankCompanyCity
52Lockheed MartinBethesda
125Constellation EnergyBaltimore
203Marriott InternationalBethesda
328Coventry Health CareBethesda
330Black & DeckerTowson
502Host MarriottBethesda
670McCormickSparks
675W.R. GraceColumbia
695Legg MasonBaltimore
926VertisBaltimore
944USECBethesda
963T. Rowe PriceBaltimore

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 RankCompanyCity
12Bank of America Charlotte
42Lowe'sMooresville
57WachoviaCharlotte
117Duke EnergyCharlotte
177NucorCharlotte
222Progress EnergyRaleigh
276Sonic AutomotiveCharlotte
280Reynolds AmericanWinston-Salem
292BB&TWinston-Salem
333VFGreensboro
369Family Dollar StoresMatthews
402GoodrichCharlotte
446SPXCharlotte
478Jefferson-PilotGreensboro
511PantrySanford
563Laboratory Corp. of AmericaBurlington
624RuddickCharlotte
649BelkCharlotte
680CarlisleCharlotte
744Ingles MarketsBlack Mountain
781Quintiles TransnationalDurham
804Martin Marietta MaterialsRaleigh
871Piedmont Natural GasCharlotte
914Dex MediaCary
981SealyTrinity

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 RankCompanyCity
447SCANAColumbia
540Sonoco ProductsHartsville
544BowaterGreenville
982ScanSourceGreenville

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 RankCompanyCity
59Sprint NextelReston
100General DynamicsFalls Church
123Dominion ResourcesRichmond
187Capital One FinancialMcLean
205Smithfield FoodsSmithfield
221AESArlington
223Genworth FinancialRichmond
226Circuit City StoresRichmond
270Norfolk SouthernNorfolk
296GannettMcLean
331SLMReston
349Performance Food GroupRichmond
395Brink'sRichmond
410NVRReston
411CarMaxRichmond
443Owens & MinorMechanicsville
477Advance Auto PartsRoanoke
500LandAmerica FinancialRichmond
555Dollar Tree StoresChesapeake
569UniversalRichmond
732AmerigroupVirginia Beach
756Massey EnergyRichmond
758MarkelGlen Allen
776AlbemarleRichmond
854Sunrise Senior LivingMcLean
876NII HoldingsReston
920Alpha Natural ResourcesAbingdon
921CACIArlington
974Anteon InternationalFairfax
998XO CommunicationsReston

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

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