Fortune 500 list features four more Virginia companies
- May 18, 2012
The 2012 Fortune 500 list features 24 Virginia companies, four more than the 2011 list.
The new Virginia listings are the result of two headquarters relocations, a merger and a spinoff.
The largest of the new Virginia companies is Northrop Grumman (No. 104), a worldwide defense and aerospace company that moved from Los Angeles to Falls Church last year.
Alpha Natural Resources (356) is a coal producer and equipment and road repair construction provider based in Bristol that merged with Massey Energy last year.
ITT. Exelis (422) is an aerospace and defense company spun off from the White Plains, N.Y.-based ITT Corp. last year.
Alliant Techsystems (491) moved its headquarters from Minneapolis to Arlington in 2011.
Virginia’s Fortune 100 businesses had 720,289 employees and $353.4 billion in total revenues. All 20 of the Virginia businesses on the 2011 list were included again this year.
At the top of the Virginia list, Freddie Mac (25, based in Mclean) is a government-sponsored enterprise that works to expand secondary mortgages. General Dynamics (92, Falls Church) is a global defense and aerospace company.
Capital One Financial (148, McLean) is a bank holding and credit card company founded in Richmond. AES (151, Arlington) is a power company that operates generation and utility businesses worldwide. Altria Group (256, Richmond) is one of the biggest tobacco corporations in the world.
Computer Sciences Corp. (162, Falls Church) is an information technology and services provider. Dominion Resources (187, Richmond) is a power and energy company providing Virginia and North Carolina with electricity.
Smithfield Foods (218, Smithfield) is the largest pork producer and processor worldwide. Norfolk Southern (241, Norfolk) is a railroad company.
SAIC (245, McLean) is a scientific, engineering, technical solutions and systems integration services provider. Genworth Financial (258, Richmond) is an insurance company. CarMax (279), also headquartered in Richmond, is the world’s largest retailer in used cars.
Owens & Minor (298, Mechanicsville) is a medical and surgical supplies distributor. NII Holdings (369, Reston) provides mobile communication services to Latin American consumers and businesses. Dollar Tree (373, Chesapeake) is a discount store chain.
Amerigroup (385, Virginia Beach) is a managed-care health insurance company. Advance Auto Parts (392, Roanoke) is an automotive part retailer. MeadWestvaco (406, Richmond) is a packing solutions company.
Closing out the list, Booz Allen Hamilton Holding (439, McLean) provides management consulting and technology integration services to United States government agencies. Gannett (465, McLean) is a media holding company.