Author Topic: Fortune 500: Florida's Largest Companies in 2011  (Read 7481 times)

Metro Jacksonville

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Fortune 500: Florida's Largest Companies in 2011
« on: May 09, 2011, 06:09:43 AM »
Fortune 500: Florida's Largest Companies in 2011



According to the 2011 Fortune 500 list, the First Coast stacks up well when compared to Florida's other metropolitan areas.


Full Article
http://www.metrojacksonville.com/article/2011-may-fortune-500-floridas-largest-companies-in-2011

tufsu1

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #1 on: May 09, 2011, 08:28:57 AM »
Realistically, I think it is a stretch to combine a company in Juno Beach with ones in Miami....if all of SoFla is combined, than Publix in Lakeland should be put in with the Tampa Bay area.

thelakelander

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #2 on: May 09, 2011, 08:32:16 AM »
Juno Beach is in Palm Beach County.  Palm Beach County is a part of the Miami/FTL/WPB metropolitan area.  If a Brooksville company made the list, they would be included in Tampa's number despite there being a county between Hillsborough and Hernando Counties.  Lakeland is its own MSA, due to it having its own economic base that isn't reliant on the larger neighbors across the county line.  One could argue that Tampa would not be what it is today without Polk's phosphate and citrus industries making Tampa's port the largest in the state.  Perhaps one day, both Orlando and Tampa will be included as being a part of the Lakeland area. ;D
« Last Edit: May 09, 2011, 08:35:29 AM by thelakelander »
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fsujax

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #3 on: May 09, 2011, 08:46:01 AM »
well, still nice for our lowly, little Duval County to have four!

Captain Zissou

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #4 on: May 09, 2011, 10:43:17 AM »
I agree with Lake, but so that Jax is tied for first, I say we remove Juno Beach from the Miami MSA.

I would say the SoFla MSA goes from Stuart to Homestead.  Great news that Jax added another Fortune 500 company.  I also like that this company was 'home grown' in a sense.  It would be nice to recruit another one from another city.
« Last Edit: May 09, 2011, 10:45:36 AM by Captain Zissou »

fieldafm

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #5 on: May 09, 2011, 01:27:30 PM »
It would be really interesting to see another chart comparing how much our F500 companies invest back into the city, as compared to similar metro areas.

I'd also would like to see how some of the larger privately-held companies in town stack up as well(We have LOTS of those)

There has been a lof of talk about public/private partnerships this election cycle, but I can think of a few companies that have been really engaged in such activity.. and others not so much.

JeffreyS

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #6 on: May 09, 2011, 01:29:50 PM »
I know the CSX executives have invested a lot personally in Jax.
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Captain Zissou

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #7 on: May 09, 2011, 01:59:10 PM »
Quote
It would be really interesting to see another chart comparing how much our F500 companies invest back into the city, as compared to similar metro areas.

I agree *10,000.

I think that would be a really interesting statistic.

duvaldude08

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #8 on: May 09, 2011, 02:58:24 PM »
Quote
It would be really interesting to see another chart comparing how much our F500 companies invest back into the city, as compared to similar metro areas.

I agree *10,000.

I think that would be a really interesting statistic.

We already know. Winn Dixie does the most and CSX does the least. Fidelity falls in the middle.

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simms3

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #9 on: May 09, 2011, 10:32:02 PM »
It would be really interesting to see another chart comparing how much our F500 companies invest back into the city, as compared to similar metro areas.

I'd also would like to see how some of the larger privately-held companies in town stack up as well(We have LOTS of those)

There has been a lof of talk about public/private partnerships this election cycle, but I can think of a few companies that have been really engaged in such activity.. and others not so much.

It is my observation that most companies in Florida do not invest in their respective cities as much as in some cities.  Executives in our local companies do give back, no denying that, but I really think that their companies can do more.

It is my observation that certain companies really do huge bits for their cities.  Retailers, financials, banks, telecom, healthcare, category killers like Home Depot and UPS, airlines, processors (the big Midwestern companies), energy companies, large real estate firms, and life companies literally sponsor their respective cities.

Winn Dixie is falling by the wayside and I am surprised it is holding on like it is.  I think we will be saying bye bye in the not too distant future.  CSX as a company does jack squat.  Bill Foley and a few individuals do behind the scenes work in our city (albeit imho not to the amount they can), but Fidelity does not do so much as an entity.

There are a few cities whose "evil" corporations built up their cities into something incredible.  In the first half of the 20th century several cities were literally Made by their companies (Cleveland, Pittsburgh, Detroit, Chicago, St. Louis, Milwaukee, etc).  Some of these cities are enjoying a rebirth largely due to philanthropic companies there (Pittsburgh for instance...PNC and Heinz do quite a bit).

In the 1980s it was Houston, Dallas, Tulsa, and Denver.  Of course Houston enjoyed a smaller repeat in the late 90s/early 2000s, largely due to Enron.  OK City and Omaha are enjoying the philanthropic nature of their native firms as we speak.  Same with Dallas, which has so many cultural venues going up sponsored by firms and their CEOs it's not even funny.

San Diego has enjoyed this.

Charlotte is what it is because of BOA, Wachovia, Duke Energy, Lowe's, and those companies' CEOs.

Of course not on the same level of F500s and billionaire CEOs as Houston or Dallas, but Atlanta is as much a city built on its locally grown brands as its visionary leadership/large airport.  Went to the High this weekend and Cousins has a section, Delta has a section, bla bla bla.  Home Depot and Coke brought the Olympics and HD sponsored the Olympics.  Delta has certainly grown with the city.  Cox Enterprises is all about the city.  Chik Fil A is all about the city.  Suntrust has its name plastered on everything.  CNN and Ted Turner.  Intercontinental Hotels Group even does its part.  It's expected of every company, every major law firm, and every wealthy individual to give back big time.

I had an editorial come out today, so it's kind of becoming a monthly thing, but I have developed another editorial calling on more corporate leadership for Jacksonville.  It's necessary, especially since we have hardly any other leadership.
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ubben

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #10 on: May 09, 2011, 10:48:31 PM »
An aside: I wish there were more pics of Jax's skyline like the one that accompanies this article. It shows BOTH sides of the river and includes all the buildings. Why do so many pics just show the Independent Life (or whatever it's name will be)? Local news broadcasts, please take note.

duvaldude08

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #11 on: May 09, 2011, 11:16:30 PM »
An aside: I wish there were more pics of Jax's skyline like the one that accompanies this article. It shows BOTH sides of the river and includes all the buildings. Why do so many pics just show the Independent Life (or whatever it's name will be)? Local news broadcasts, please take note.

I completey agree!! I said the same thing. It shows the north AND south bank.
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ProjectMaximus

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #12 on: May 10, 2011, 04:25:15 AM »
Before it split, was Fidelity the biggest company in Jax? It seems like based on this year's numbers and LPS' comeback, the original company would blow past CSX in revenue.

JeffreyS

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #13 on: May 10, 2011, 07:48:06 AM »
Yes LPS is now on the Fortune 1000.
Lenny Smash

fieldafm

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Re: Fortune 500: Florida's Largest Companies in 2011
« Reply #14 on: May 10, 2011, 08:36:27 AM »
Before the split, CSX and Fidelity were about the same in terms of revenue... which is to say square in the middle of the F500 rankings.

Winn Dixie isn't about to fold Simms.  They are aggressively reinvesting in themselves actually.

I will say this, Fidelity has been a great partner with the Riverside Arts Market and the new floating dock at RAM.  The land swap/Riverwalk completion deal and the parking agreement with RAM (and occasional park n ride for events like Luminaria) are the kinds of public-private partnerships we should be pursuing more and more.  That being said, there is quite a bit of opportunity for more partnerships to be formed.

BCBSF is working with the city now to help pay for half of a traffic light at their main entrance along Gate Parkway and is working with JTA to provide PCT Trolley services for their(and Merril Lynch, Comcast, Fidelity Investments and Arizona Chemical) employees back/forth from the Town Center.
« Last Edit: May 10, 2011, 08:39:05 AM by fieldafm »