This map shows the largest company in each state
Posted May 15
Updated May 16
When we think about the different states in our country, we usually picture landmarks like the Golden Gate Bridge or the Statue of Liberty. We see palm trees in Florida and skyscrapers in New York City.
It’s easy to see the states in terms of their scenery or their climate, but one map portrays the United States in a different way. This unique map depicts each state with the logo of its largest company.
The map was created by Broadview, a cloud computing company, using 2016 Yahoo! Finance data. The map surprisingly isn’t based on total revenue, sales or number of employees for each company.
Instead, the data is based on market capitalization value, the total dollar value of a company's available shares, a factor that many investors use to value a company. This particular measure helps investors see one company's value in relation to another. Of course, since stocks are variable, these numbers and the companies may have changed in 2017.
This map is a good reminder that not all major companies are located in Silicon Valley or near Wall Street. You’ll likely see a lot of big companies you recognize, and you may not even realize the places they are based out of. Walmart, as you may know, is still based in Arkansas where it was started. The same goes for Nike and Oregon.
It’s easy to see, in this map, how every corner of the country is working to build wildly successful, global businesses.
A similar map was made in 2015, and there were a few changes in some of the states. For instance, Dow surpassed Ford in Michigan and Kraft Heinz replaced McDonald's in Illinois.
You can take a look at the full map below, then keep reading to see details about the largest company in each state.
NOTE: This map shows two visual errors. The largest company in Wisconsin is Johnson Controls not Cloud Peak Energy. The largest company ins Alabama is Vulcan Materials not Regions. The information that follows in the article below is correct according to Yahoo’s 2016 data.
Largest Company: Vulcan Materials
Headquarters: Birmingham, Alabama
Market Cap: $15.19 billion
About: Headquartered in Birmingham, Vulcan Materials is the country's largest producer of construction aggregates, which include materials like crushed stones, sand and gravel. The company has 344 sites that produce these aggregates around the United States. It's also in the business of making asphalt and concrete and has another 100 U.S. sites to do that.
Largest Company: General Communication, Inc.
Headquarters: Anchorage, Alaska
Market Cap: $553.88 million
About: This telecommunications company provides cable television, internet and cellphone service throughout Alaska, which can be a challenge given the state's harsh winter weather and remote locations of towns.
Largest Company: Southern Copper Corporation
Headquarters: Phoenix, Arizona
Market Cap: $20.7 billion
About: While this mining company is based in Phoenix, it carries out most of its business internationally with mines and smelters primarily in Mexico and Peru. The company, which was founded in 1952, produces and sells copper, molybdenum, zinc, silver, lead and gold.
Largest Company: Wal-Mart Stores
Headquarters: Bentonville, Arkansas
Market Cap: $215.4 billion
About: Walmart started as a single discount store and has grown over the past 50 years into the largest retailer, employing 2.3 million associates worldwide. It opened its home office in Bentonville in 1970.
Largest Company: Apple Inc.
Headquarters: Cupertino, California
Industry: Electronic equipment
Market Cap: $591.8 billion
About: Apple just finished building a new 175-acre campus in Cupertino known as "Apple Park.” The company employs around 12,000 people in locations around the world.
Largest Company: DISH Network
Headquarters: Englewood, Colorado
Industry: Cable TV
Market Cap: $25.5 billion
About: Dish provides service to 13.7 million television subscribers and 580,000 broadband subscribers, and employs about 16,000 people, according to company filings.
Largest Company: General Electric Company
Headquarters: Fairfield, Connecticut
Market Cap: $253.42 billion
About: At the time the data for the map was collected, GE was the largest employer in Connecticut-that is, until it moved to Boston for greener pastures (err, better tax incentives, according to Forbes). The company was incorporated in 1889 as a merger between Thomas Edison's three companies. In 2016, GE employed 800 people at its headquarters and about 295,000 people worldwide.
Largest Company: El DuPont de Nemours
Headquarters: Wilmington, Delaware
Market Cap: $59.89 billion
About: This company has a long history. It was founded in 1802 as a gunpowder mill. Today, it's a diversified chemical, agriculture and biotech corporation that's based in Wilmington. Dupont in early 2016 laid off about 28 percent of its workforce in Delaware, which had numbered 6,100 people and it marked one of the largest single layoffs in the state's history. The company employs around 52,000 people worldwide.
Largest Company: NextEra Energy
Headquarters: Juno Beach, Florida
Industry: Electric Utilities
Market Cap: $57.21 billion
About: Headquartered in Juno Beach, this clean energy company was recently named by Forbes as one of "America's Best Employers." The company has 14,700 employees across the country.
Largest Company: The Coca-Cola Company
Headquarters: Atlanta, Georgia
Industry: Beverage corporation, manufacturer and retailer
Market Cap: $181.4 billion
About: Coca-Cola has long had roots in Atlanta. Coke was actually invented by an Atlanta pharmacist, Dr. John S. Pemberton, who sold portions of the business to various parties, with the majority of the interest sold to Asa G. Candler, an Atlanta businessman. Coke had about 13,000 employees in its Atlanta headquarters, but a layoff in 2015 eliminated about 500 jobs at the corporate offices. The company employs around 100,000 people worldwide.