Business

Two Triangle firms make latest Fortune 500 list

Posted May 13, 2011 8:39 a.m. EDT

Fortune Magazine is out with its latest “Fortune 500” list of the nation’s 500 largest companies, and two Triangle firms make the elite collection.

Progress Energy is No. 240, and convenience story chain The Pantry is No. 363.

Progress is in the process of merging with Duke Energy, which ranks No. 173.

In all, 15 North Carolina-based firms are listed with Bank of America the top one at No. 9.

Burlington-based LabCorp comes in at No. 447.

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