KimberlySayWhat Posted July 18, 2005 Share Posted July 18, 2005 I'm sure many of you are probably aware, but I did not know this. I knew it was up there, but not second.The latest Fortune 500 presents a stark reminder of where L.A. stands among the nation 1 Quote Link to comment Share on other sites More sharing options...
RedScare Posted July 18, 2005 Share Posted July 18, 2005 I saw someone post a comment on that this weekend and I thought they were mistaken. That is amazing. I suppose corporate relocations and oil profits ran us up. Quote Link to comment Share on other sites More sharing options...
HOUCAJUN Posted July 18, 2005 Share Posted July 18, 2005 That's very interesting. I didn't know Houston was that far up.Thanks for the info. Quote Link to comment Share on other sites More sharing options...
YakuzaIce Posted July 19, 2005 Share Posted July 19, 2005 Does anyone have a list of the ones in Houston?Nevermind I will go look and if I find it I will post it. Quote Link to comment Share on other sites More sharing options...
YakuzaIce Posted July 19, 2005 Share Posted July 19, 2005 OK I found the '05 so disregard the below list unless you want to compare. EDIT: It is twenty one (though in this thread it is 20) as the asterisk by andarko denotes it being in the woodlands/ Okay this is '03, but it seems relatively accurate. 7. ConocoPhillips, Houston, 12, $99.468 35. Marathon Oil Corp., Houston, 52, $37.137 66. Sysco Corp., Houston, 73, $26.140 122. Halliburton Co., Houston, 153, $16.271 154. El Paso Corp., Houston, 152, $12.653 155. Plains All American Pipeline, L.P., Houston, 221, $12.590 166. Reliant Resources Inc., Houston, 164, $11.707 170. Waste Management Inc., Houston, 171, $11.574 201. CenterPoint Energy Inc., Houston, 236, $9.772 231. Continental Airlines Inc., Houston, 220, $8.870 283. Kinder Morgan Energy Partners, L.P., Houston, new to list, $6.624 316. Dynegy Inc., Houston, 336, $5.813 334. Baker Hughes Inc., Houston, 320, $5.391 336. Enterprise Products Partners, L.P., Houston, 438, $5.346 390. Group 1 Automotive Inc., Houston, 383, $4.519 404. Burlington Resources Inc., Houston, 497, $4.311 413. Apache Corp., Houston, 563, $4.190 441. Lyondell Chemical, Houston, 467, $3.801 468. Smith International Inc., Houston, 480, $3.595 Quote Link to comment Share on other sites More sharing options...
RedScare Posted July 19, 2005 Share Posted July 19, 2005 Looks like 70% of them are energy or related companies. Even more amazing, look at how much larger they are this year versus 2003. Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted July 19, 2005 Share Posted July 19, 2005 So Administaff is no longer Fortune 500? Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted July 19, 2005 Share Posted July 19, 2005 So Administaff is no longer Fortune 500?<{POST_SNAPBACK}>I dont think so. They've been losing alot of contracts. Quote Link to comment Share on other sites More sharing options...
The Great Hizzy! Posted July 19, 2005 Share Posted July 19, 2005 That's too bad. I used to love those Administaff promos on the radio during Astros games. Quote Link to comment Share on other sites More sharing options...
CaptAWACS Posted July 19, 2005 Share Posted July 19, 2005 Houston has been #2 for years-as city proper. Houston has lost several as well, Enron, Compaq, Administaff, American General.For Metro's I believe Houston is ~4 or 5 behind NYC, Chicago, Bay Area. I'd have to look at my paper copy when I am back in the states.Ciao, and Hook 'em Horns,Capt-AWACS, Yankee Air Pirate Quote Link to comment Share on other sites More sharing options...
H-Town Man Posted July 24, 2005 Share Posted July 24, 2005 How diversified we are. Every company looks energy related except three. Those three are an airline, a garbage company and a food service company. Exotic, to say the least. A few years ago we could point to Compaq Computer and American General. Not anymore. Also, wasn't BMC Software on there?We are especially weak in the Top 100. Remember when Enron, Reliant Energy, Dynegy, and El Paso were all in the top 50? Altogether we had I believe six companies in the top 50. Not no more. I really hope Continental Airlines, ConocoPhillips, and Marathon do not get swallowed in mergers. It could happen though. That would be rather depressing for the Bayou City. Quote Link to comment Share on other sites More sharing options...
houstonfella Posted August 26, 2005 Share Posted August 26, 2005 With energy prices soaring through the roof, don't expect these energy companies not to move up. They are on their way. We are paying for it. Quote Link to comment Share on other sites More sharing options...
RedScare Posted August 26, 2005 Share Posted August 26, 2005 It is worth noting that a list like this only takes into account the headquarters, not the bulk of the company. Exxon is known throughout the world as a Houston company, yet since a few hundred execs have an office in Dallas, it is a Dallas headquartered company.Similarly, BP has its North American headquarters here, but clearly is not a Houston company. So, the two largest corporations in the world have large presences in Houston, but are not on this list as Houston companies. Quote Link to comment Share on other sites More sharing options...
N Judah Posted August 26, 2005 Share Posted August 26, 2005 There must be some reason it's desirable to host a company's hq. For tax reasons, maybe? I don't know. I do remember when Boeing was shopping for a new city for its headquarters, cities were offering huge tax breaks/incentives (that were worth hundreds of millions of dollars, if my memory serves me) for what would only really be a few-hundred-person office. Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted August 26, 2005 Share Posted August 26, 2005 It is worth noting that a list like this only takes into account the headquarters, not the bulk of the company. Exxon is known throughout the world as a Houston company, yet since a few hundred execs have an office in Dallas, it is a Dallas headquartered company.Similarly, BP has its North American headquarters here, but clearly is not a Houston company. So, the two largest corporations in the world have large presences in Houston, but are not on this list as Houston companies.<{POST_SNAPBACK}>BP's North American headquarters is in Chicago. Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted August 26, 2005 Share Posted August 26, 2005 It is worth noting that a list like this only takes into account the headquarters, not the bulk of the company. Exxon is known throughout the world as a Houston company, yet since a few hundred execs have an office in Dallas, it is a Dallas headquartered company.Similarly, BP has its North American headquarters here, but clearly is not a Houston company. So, the two largest corporations in the world have large presences in Houston, but are not on this list as Houston companies.<{POST_SNAPBACK}>BP's North American headquarters is in Chicago or is it Cleveland... Quote Link to comment Share on other sites More sharing options...
YakuzaIce Posted August 26, 2005 Share Posted August 26, 2005 Warrenville, Illinois I believe. Quote Link to comment Share on other sites More sharing options...
RyanJX5 Posted August 26, 2005 Share Posted August 26, 2005 It is worth noting that a list like this only takes into account the headquarters, not the bulk of the company. Exxon is known throughout the world as a Houston company, yet since a few hundred execs have an office in Dallas, it is a Dallas headquartered company.Similarly, BP has its North American headquarters here, but clearly is not a Houston company. So, the two largest corporations in the world have large presences in Houston, but are not on this list as Houston companies.<{POST_SNAPBACK}> Houston does have the bulk alot of companies whos headquarters are not in town, such as Chevron, Schlumberger, and isnt Shell based in Europe Royal Dutch Shell or something like that. It would be great to have another energy company move to the former Texaco Heritage Plaza once it gets remodeled. Williams just needs go ahead and move its headquarters from Tulsa into the Williams Tower. Quote Link to comment Share on other sites More sharing options...
YakuzaIce Posted August 26, 2005 Share Posted August 26, 2005 Another example of one we don't get, but we have thousands of employees is Shell, they are not even an American company though (plus HQ is in the Hague I think) so it isn't on fortune 500. Quote Link to comment Share on other sites More sharing options...
RedScare Posted August 27, 2005 Share Posted August 27, 2005 Several of you caught my mistake on BP, but you got my point. Even if the HQ is not here, most significant oil companies have large presences here. Quote Link to comment Share on other sites More sharing options...
2112 Posted September 13, 2005 Share Posted September 13, 2005 There must be some reason it's desirable to host a company's hq. For tax reasons, maybe? I don't know. I do remember when Boeing was shopping for a new city for its headquarters, cities were offering huge tax breaks/incentives (that were worth hundreds of millions of dollars, if my memory serves me) for what would only really be a few-hundred-person office.<{POST_SNAPBACK}>Which begs a basic question: So who cares and why is this important?Seems we would rather have the bulk of the employees' salaries being spent here rather than a few managers at the top tier. Maybe I am missing something here. Quote Link to comment Share on other sites More sharing options...
west20th Posted September 13, 2005 Share Posted September 13, 2005 Several of you caught my mistake on BP, but you got my point. Even if the HQ is not here, most significant oil companies have large presences here.<{POST_SNAPBACK}>I think BP's US headquarters is still in Cleveland. Remnents of it's Standard Oil days. Quote Link to comment Share on other sites More sharing options...
RedScare Posted September 14, 2005 Share Posted September 14, 2005 Which begs a basic question: So who cares and why is this important?Seems we would rather have the bulk of the employees' salaries being spent here rather than a few managers at the top tier. Maybe I am missing something here.<{POST_SNAPBACK}>You're exactly right, 2112. Dallas may have Exxon HQ and a few hundred employees, but Houston has the refinery, the heart and soul of the company, and thousands of employees.FWIW, Exxon world HQ is in Dallas. Exxon USA is based in Houston. Quote Link to comment Share on other sites More sharing options...
tamtagon Posted September 14, 2005 Share Posted September 14, 2005 You're exactly right, 2112. Dallas may have Exxon HQ and a few hundred employees, but Houston has the refinery, the heart and soul of the company, and thousands of employees.FWIW, Exxon world HQ is in Dallas. Exxon USA is based in Houston.<{POST_SNAPBACK}>Ya, I always kinda chuckle when reviewing the Fortune 500 listing with "Exxon - Irving, TX." Quote Link to comment Share on other sites More sharing options...
nmainguy Posted September 14, 2005 Share Posted September 14, 2005 Ya, I always kinda chuckle when reviewing the Fortune 500 listing with "Exxon - Irving, TX." <{POST_SNAPBACK}> Kinda like the Irving Cowboys and the Arlington Rangers? Quote Link to comment Share on other sites More sharing options...
tamtagon Posted September 14, 2005 Share Posted September 14, 2005 Kinda like the Irving Cowboys and the Arlington Rangers? <{POST_SNAPBACK}> Soon to be Arlington Cowboys. I'm just wondering when the name's going to change to The Jerry Jones Cowboys. Generally, it's probably a better community benefit to have the payroll of thousands of skilled laborers than the payroll and 'prestige' of corporate headquarters. My amatuer observations count three Fortune 500 corporate headquarters relocations to Dallas County this year, or at least relocation confirmations - I dont know if they will show up as Texas companies next year or not, but all that vacant office space (aka excellent value for the money) is really getting some attention. The advantages of managing operations from the Texas Triangle is becoming evident to a much larger audience and will expand the region's global influence. The reach around the world from the Port of Houston is a primary foundation. Trans-Texas cargo highways will futher centralize NAFTA underwritten product management in Dallas and will unite and maximize trading partenerships. The manufacture of aircraft capable of flying half way around the world has finally opened up Texas to nonstop flights with European and Asian business centers. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted September 14, 2005 Share Posted September 14, 2005 Related trade essay from the DMN. Dallas - Hub of the Trade Wheel. http://www.dallasnews.com/sharedcontent/dw...1.1395d161.htmlMy favoirte quote:(OK, it's in Wilmer, not in Dallas, but many of the people who work there undoubtedly live in Dallas.)Excellent example of Dallas claming territory when it benefits them. Quote Link to comment Share on other sites More sharing options...
Houston19514 Posted September 14, 2005 Share Posted September 14, 2005 Let's put an end to this silliness, once and for all.Yakuza was correct. BP's North American HQ is in Warrenville, IllinoisNorth American headquarters28100 Torch ParkwayWarrenville, IL60555-3938United StatesTel +1 630 420 5111BPThis is also somewhat of a remnant of its "Standard Oil days." BP first bought Standard Oil of Ohio, which was based in Cleveland. For a time, then, BP's North American HQ was indeed in Cleveland. But they later also bought Standard Oil of Indiana (aka Amoco), which was based in Chicago, downtown in the huge white skyscraper right on the lakefront known locally as "Big Stan". When the combined the former Standard of Ohio with the former Amoco, the North American HQ ended up in Chicago (or Chicagoland; I'm not sure when they abandoned the downtown skyscraper and moved to the suburbs.)I think BP's US headquarters is still in Cleveland. Remnents of it's Standard Oil days.<{POST_SNAPBACK}> Quote Link to comment Share on other sites More sharing options...
west20th Posted September 14, 2005 Share Posted September 14, 2005 Let's put an end to this silliness, once and for all.Yakuza was correct. BP's North American HQ is in Warrenville, IllinoisNorth American headquarters28100 Torch ParkwayWarrenville, IL60555-3938United StatesTel +1 630 420 5111BPThis is also somewhat of a remnant of its "Standard Oil days." BP first bought Standard Oil of Ohio, which was based in Cleveland. For a time, then, BP's North American HQ was indeed in Cleveland. But they later also bought Standard Oil of Indiana (aka Amoco), which was based in Chicago, downtown in the huge white skyscraper right on the lakefront known locally as "Big Stan". When the combined the former Standard of Ohio with the former Amoco, the North American HQ ended up in Chicago (or Chicagoland; I'm not sure when they abandoned the downtown skyscraper and moved to the suburbs.)<{POST_SNAPBACK}>Ooops. My bad. I haven't lived in Cleveland for 21 years and my info is kind of old. Quote Link to comment Share on other sites More sharing options...
MidtownCoog Posted September 14, 2005 Share Posted September 14, 2005 Yep, but I have a buddy who work at BP on I-10.They have so many people there they are sharing cubes.His guess is 2,000 in Houston. Quote Link to comment Share on other sites More sharing options...
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