News | 2 min read
Greater Richmond Fortune 1000 Headquarters Grows to Eleven
May 20, 2011
FOR IMMEDIATE RELEASE
Richmond, Va. – The number of Fortune 1000 companies headquartered in Greater Richmond, Virginia has grown by one for a total of 11. This ranks Greater Richmond 13th best of all metros in the number of Fortune 1000 companies per 100,000 residents.
Across all U.S. metro areas, Greater Richmond ranked 19th in the number of total Fortune 1000 companies, tying with Kansas City, MO and Phoenix, AZ.
NewMarket Corporation was added this year by being ranked 943 on Fortune’s list. NewMarket began in Richmond in 1887 and is the parent company of Afton Chemical Corporation and Ethyl Corporation.
Below is the list of Fortune 1000 companies in Greater Richmond*:
|
COMPANY |
TYPE |
FORTUNE RANK |
|
Altria Group |
Tobacco products |
154 |
|
Dominion Resources |
Electric and gas utility |
162 |
|
Genworth Financial |
Insurance |
243 |
|
Owens and Minor |
Health care wholesaler |
295 |
|
CarMax |
Automotive retailer |
311 |
|
MeadWestvaco |
Packaging |
373 |
|
Brink’s |
Security services |
645 |
|
Massey Energy |
Mining |
662 |
|
Universal |
Tobacco wholesaler |
749 |
|
Markel |
Insurance |
818 |
|
NewMarket |
Chemicals |
943 |
*Note: Companies in bold are Fortune 500 companies. Source: www.fortune.com, May 2011.
Gregory H. Wingfield, president and CEO of the Greater Richmond Partnership, Inc., said, “For a region our size, it is impressive to have 11 Fortune 1000 companies who choose to be headquartered in Greater Richmond, of which six are ranked as Fortune 500. These are well-known companies that are obviously very successful. Having another headquartered company added to the Fortune list this year validates that businesses can thrive in Greater Richmond.”
The Greater Richmond Partnership, Inc. was launched in 1994 as a pioneering regional public-private initiative to serve as the regional economic development group for the City of Richmond and the counties of Chesterfield, Hanover and Henrico. The mission is to help grow the Greater Richmond economy through the attraction of high quality jobs and new capital investment, the retention of existing businesses, and the continued improvement of the region’s business climate. Since inception, the Partnership has played a key role in the attraction of more than $7.3 billion in investment by 395 new and expanding companies. This is a return on investment of $164 for every $1 in funding provided by public and private partners since 1994.
###
Media Contact:
Greg Wingfield
President/CEO
Greater Richmond Partnership, Inc.
(804) 643-3227
[email protected]
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