Friday, 17 October 2014

Largest American Companies

Largest American Companies  

1. Wal-Mart

Largest American Companies - Walmart

American multinational retail corporation Wal-Mart Stores, Inc. has it’s headquarter in Bentonville, Arkansas, and operates under 55 different names in 27 countries and a total of 11,088 stores. Wal-Mart runs a chain of large discount department stores and warehouse stores. It is the world’s largest public corporation, the biggest private employer in the world and the world’s largest retailer according to the Fortune Global 500 list in 2014. Wal-Mart is still a family-owned business and was incorporated in 1969 after the pioneer member of Walton family, Sam Walton, established the company in 1962.

2. Chevron

Chevron_Largest American Companies
The company sells an average of 3.1 million barrels of gasoline, diesel and jet fuel all over the world. Chevron is the world’s third largest company according to the Fortune Global 500 in 2014. American multinational energy corporation Chevron Corporation has it’s headquarter in San Ramon, California, and operates in more than 180 countries. The company is engaged in exploration and production of energy components, oil refining, chemicals manufacturing and sales and various other branches of power industry.   John S. Watson currently serves as the CEO of the company. Chevron has generated $ 220.264 billion revenue in 2013 fiscal year and has an employee strength of 64,600.

3. Phillips 66

Phillips66-Largest American Companies
Phillips 66 is the world’s sixth largest company according to the Fortune 500 and ranked in 19th place on the Fortune Global 500 in 2014.  American multinational energy corporation Phillips 66 has its headquarter in Westchase, Houston, Texas and operates in more than 45 countries. The company is engaged in producing petrochemical products of different category and natural gas liquids.  It was established as an independent energy company after the split of downstream and midstream assets of ConocoPhillips. Greg C. Garland is currently serving as the CEO of the company. Phillips 66 has generated $ 171.59 billion revenue in 2013 fiscal year and has an employee strength of 13,500.

4. Apple

Apple Largest American Companies
American multinational corporation Apple Inc. has its headquarter in Cupertino, California, and operates in more than 425 retail stores in fourteen countries. The company is engaged in the production and development of consumer electronics, personal computers, computer software and online services. Apple is the world’s second-largest information technology company by revenue, the world’s third-largest mobile phone maker and also named the most admired company in the United States by Fortune Magazine. Apple Computer, Inc. was founded by Steve Jobs, Ronald Wayne and Steve Wozniak on April 1, 1976 and was renamed as Apple Inc. in 2007. Tim Cook is currently serving as the CEO of the company. Apple has generated $ 170.91 billion revenue in 2013 fiscal year and has an employee strength of 98,000.

5. Berkshire Hathaway

Berkshire Hathaway
American multinational conglomerate holding company Berkshire Hathaway Inc. has its headquarter in Omaha, Nebraska and own various companies like GEICO, Lubrizol, BNSF, Fruit of the Loom, Dairy Queen, and also has significant holding of Heinz, Mars, American Express, Coca-Cola, Wells Fargo, and IBM. It is the fifth largest public company in the world according to the Forbes Global 2000 list and hits a price of $200,000 a share on 14 August 2014. It was established by the merging of the Hathaway Manufacturing Company and Berkshire Fine Spinning Associates in 1955, but became widely successful after investment legend Warren Buffett took over it in 1964. Warren Buffett still serves as the Chairman, President and CEO of the company.

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