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Business

by Westchester County Business Journal
by WCBJ

Nine Fairfield, four Westchester firms make Fortune 500

Nine Fairfield County businesses and four from Westchester County made the cut on this year’s Fortune 500 list.

Topping the list in Fairfield was Stamford’s Charter Communications, which with $43.6 billion in revenues placed 70th, up from last year’s 74th. It was followed by Synchrony Financial, also of Stamford, which remained at 173 with $18.2 billion; Greenwich’s XPO Logistics, which rose six slots to 180th with nearly $17.3 billion; and Norwalk’s Booking Holdings, up 13 places to 216th with $14.5 billion.

Norwalk’s Xerox fell from 291st to 318th with $9.8 billion, followed by Norwalk’s Frontier Communications, down from 325th to 355th ($8.6 billion); Norwalk’s Emcor Group, down from 368th to 365th ($8.1 billion); Stamford’s United Rentals, up from 424th to 379th ($8 billion); and Greenwich’s W.R. Berkley, down from 369th to 397th (nearly $7.7 billion).

The top-ranked Connecticut company was Farmington’s United Technologies, which rose from 51st to 46th with $66.5 billion.

In Westchester, IBM in Armonk led the way, down from 34th to 38th with nearly $79.6 billion. It was followed by Purchase’s PepsiCo, down from 45th to 48th with nearly $64.7 billion; Purchase’s Mastercard, tied at 210th with New York City’s Marsh & McLennan with $14.9 billion, was up from the previous year’s 236th place; and Tarrytown’s Regeneron Pharmaceuticals, up from 473rd to 450th with $6.7 billion.

New York state’s top-ranked firm was Manhattan’s JPMorgan Chase, up from 20th to 18th with $131.4 billion.

Leading the Fortune 500 was Bentonville, Arkansas-based Walmart, which stayed at No.1 with $514.4 billion, followed by Irving, Texas’ ExxonMobil, repeating at No.2 with $290.2 billion, and Cupertino, California’s Apple, up from No.4 to No.3 with nearly $265.6 billion.