This Map Shows The Largest Company In Each State
Here's an interesting way to look at our country.
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.
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. It has a market cap of $215.4 billion.
Alaska—General Communication, Inc.
This telecommunications company, located in Anchorage has a market cap of $553.88 million and 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.
Arizona—Southern Copper Corporation
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. It has a market cap of $20.7 billion.
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. It has a market cap of $591.8 billion.
Colorado— DISH Network
Dish provides service to 13.7 million television subscribers and 580,000 broadband subscribers, and employs about 16,000 people, according to company filings. It has a market cap of $25.5 billion.
Connecticut—General Electric Company
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. It has a market cap of $253.42 billion.
Delaware—El DuPont de Nemours
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. It has a market cap of $59.89 billion.
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. It has a market cap of $57.21 billion.
Georgia—The Coca-Cola Company
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.
Hawaii—Hawaiian Electric Industries, Inc.
Based in Honolulu, the electric company has been in business for 125 years and serves about 95 percent of Hawaii residents on Oahu, Maui, Molokai, Lanai and Hawaii Island. The company has 2,622 employees. It has a market cap of $3.1 billion.
This memory-chip making company is based in Boise, which started to gain recognition as a tech hub in the 1970s and went through a tech boom in the 1990s. Micron Technology employs 8,000 people in the Boise area and around 31,000 worldwide. It has a market cap of $17.26 billion.
The food and beverage company splits its headquarters between Chicago and Pittsburgh since Kraft and Heinz merged in 2015. The company employs around 42,000 people in 40 countries. You may know the company for its macaroni and cheese and ketchup, but there are 200 brands that fall under the company’s umbrella, including Capri Sun, Lunchables and Grey Poupon. It has a market cap of $105.02 billion.
Indiana—Eli Lilly and Company
This 140-year-old pharmaceutical company employs 11,462 people at its Indianapolis headquarters. The company employs another 1,120 in Indiana (excluding Indianapolis). Worldwide, it has 42,000 employees. It has a market cap of $76.1 billion.
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.
Iowa—Principal Financial Group
Founded in Iowa, this investment management company has expanded into major markets including those in Asia, Europe, Latin America and Australia. The company has offices in 18 countries but remains based in Des Moines. Today, the financial group manages $619.7 billion in assets. It has a market cap of $15.34 billion.
Overland Park is home to the Sprint World Headquarters Campus, which spans 17 buildings on a 200-acre property. About 6,000 of the company’s 30,000 total employees remained at the Overland Park campus after the telecom company laid off 829 last year. It has a market cap of $24.15 billion.
Kentucky—Yum! Brands, Inc.
You may not have heard of Yum! Brands specifically, but you definitely know their restaurants. Kentucky Fried Chicken, Taco Bell and Pizza Hut are all in the company’s portfolio. The company has nearly 43,000 restaurants worldwide and 800 people at is headquarters in Louisville. It has a market cap of $22.08 billion.
An expansion to the global telecommunications company’s headquarters brought additional jobs in 2015, and CenturyLink’s statewide yearly payroll in Louisiana is more than $200 million. It has a market cap of $12.56 billion.
The pet healthcare company provides veterinary diagnostic tests, veterinary software and water microbiology testing. The company was first started in 1983 by five employees in Portland, Maine, as a way to detect diseases in livestock and poultry animals. Today, its headquarters are in Westbrook and the company has more than 7,000 employees. It has a market cap of $9.41 billion.
With headquarters in Bethesda, just outside of Washington, D.C., Lockheed Martin has 97,000 employees worldwide. The aerospace company was established after Glenn L. Martin built his first plane in a rented church in 1912 and was nudged by Orville Wright to try a new aircraft design. It has a market cap of :$72.3 billion.
Biogen Inc., a biotechnology company based in Cambridge, is the third-largest biotech employer in Massachusetts and employs about 2,900 people in the state and over 7,000 worldwide. The company has a drug in trials that it says shows promise in helping children with spinal muscular atrophy. It has a market cap of $59.93 billion.
Michigan—The Dow Chemical Company
Dow’s first manufacturing location was established in Michigan in 1897. More than 6,000 of Dow’s 43,000 employees live and work in Michigan today. The chemical producer’s headquarters are in Midland, about 130 miles northwest of Detroit. It has a market cap of $60.1 billion.
UnitedHealth Group is the largest health insurance provider in the United States. The health insurance company employs more than 14,000 people in Minnesota and 260,000 in total. It ranks No. 6 in the Fortune 500. It has a market cap of $131.27 billion.
Mississippi—EastGroup Properties Inc.
EastGroup Properties Inc. is a real-estate investment trust that develops and acquires industrial properties mostly in “Sunbelt markets,” with a focus on Florida, Texas, Arizona, California and North Carolina. The company started in 1969, and the company’s portfolio includes 38.5 million square feet of property. It has a market cap of $2.12 billion.
Missouri—Express Scripts Holding Company
Last year, this St. Louis-based pharmaceutical company landed No. 22 on the Fortune 500. The company employs 30,000 people. One interesting figure? Sixty-nine percent of employees are female. The company also has landed on Forbes list of the “World’s Most Innovative Companies,” ranking No. 66 overall. It has a market cap of $42.38 billion.
Montana—Glacier Bancorp, Inc.
Glacier Bancorp, Inc. is a regional bank holding company that has commercial banking offices throughout Montana, Idaho, Colorado, Utah, Washington, Wyoming and Arizona. It was founded in 1990 and now has a market cap of $2.1 billion.
Warren Buffett’s $329 billion Omaha-based holding company includes many different businesses under its umbrella, including Benjamin Moore & Co., BNSF, Clayton Homes, Geico, Helzberg Diamonds, See’s Candies and more. The company collectively employed 367,700 people worldwide at last count and has a market cap of $353.79 billion.
Nevada—Las Vegas Sands
Started in 1989, this hotel development and management company is based in Las Vegas and has properties in Sin City as well as around the world. The company owns Sands Expo and Convention Center, The Venetian and The Palazzo—all based in Vegas. The company has other hotels in China, Singapore and Bethlehem, Penn., employing 46,500 people with a market cap of $45.09 billion.
New Jersey—Johnson & Johnson
A new Johnson & Johnson museum recently opened in Brunswick, New Jersey, telling the company’s history—including the story behind how Band-Aids were invented. (Earle Dickson invented them after his wife cut herself in the kitchen.) The pharmaceutical company has a 130-year history in New Jersey, and the company employs 127,000 people around the world. It has a market cap of $314.71 billion.
New Mexico—PNM Resources, Inc.
This utility company provides electricity to more than 761,000 homes and businesses in New Mexico and Texas. The company was founded in 1917 as the Albuquerque Gas and Electric Company. It has a market cap of $2.55 billion.
New York—JPMorgan Chase & Co
A global financial firm, it is the largest bank in the United States and was ranked No. 3 on Forbes’ list of America’s top public companies. The company, which was founded in 1799 and is based in New York City, employs almost 235,000 people total. It has a market cap of $246.96 billion.
North Carolina—Bank of America
Bank of America employs about 15,000 people in the Charlotte area (out of 208,000 worldwide). When it comes to assets, Bank of America ranks No. 2 among banks—below JPMorgan Chase, but above Wells Fargo. It has a market cap of $166.84 billion.
North Dakota—MDU Resources Group, Inc.
The energy company provides electrical and natural gas utilities in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington and Wyoming. It incorporated in 1924 and today employs around 9,598 people total. It has a market cap of $5.01 billion.
New Hampshire—White Mts Insurance Group, Ltd.
The holding company was incorporated in 1999. While the company’s principle executive office is located in Hanover, New Hampshire, its corporate headquarters is in Bermuda. It has a market cap of $4.06 billion.
Ohio—Procter & Gamble
Dozens of brands are a part of this consumer products behemoth, including Bounty paper towels, Pringles chips and Mr. Clean household cleaners. The Cincinnati-based company has about 105,000 employees worldwide with about 11,000 in the greater-Cincinnati area. It has a market cap of $231.17 billion.
Rhode Island—CVS Caremark
The Woonsocket-based CVS employs 158,000 people across the United States, with about 7,600 of those in Rhode Island. The first-ever CVS store opened in 1963 in Lowell, Mass., according to the company’s history. It has a market cap of $86.97 billion.
Oklahoma—The Williams Companies, Inc.
Though its headquarters is in Tulsa, this natural gas processing and transportation company has other “major offices” in Houston, Pittsburgh, Oklahoma City and Salt Lake City. The company was founded in 1908 and employs more than 5,600 people with a market cap of $21.36 billion.
Nike employs more than 26,000 people in the United States, including 8,500 employees at headquarters in Oregon. The sportswear, equipment and shoe company celebrated its 50th year in business in 2014. Nike has a market cap of $82.82 billion.
The media and telecommunications company was founded in 1963. Today, it employs around 153,000 employees, and Forbes listed it No. 15 on its list of top public companies in the United States. Among its ties to Philadelphia, where it’s headquartered, Comcast also purchased the Philadelphia Flyers after the team won its first Stanley Cup in 1974. Comcast previously owned the Philadelphia 76ers basketball team as well. Comcast has a market cap of $146.98 billion.
South Carolina—SCANA Corporation
SCANA Corporation’s businesses provide electricity and natural gas throughout South Carolina and Georgia. The company was started in 1937 under the name Broad River Power Company. Today, its workforce numbers about 3,000 and has a market cap of $10.15 billion.
South Dakota—Black Hills Corporation
The electric and gas company serves 1.2 million customers across eight states. The company is building a new corporate headquarters in Rapid City to bring its 550 headquarter employees under one roof as they’re now spread out in five buildings. The company says its Rapid City employees and their families contribute $81 million to the local economy each year. In all, the company employs 2,800 people and has a market cap of $3.17 billion.
FedEx is the largest private employer in Memphis, according to the city’s chamber of commerce, employing 30,000 people locally. FedEx moved its corporate headquarters from Arkansas to Memphis in 1973. The chamber says FedEx picked Memphis because it’s a geographical center to target market cities, and because Memphis’ weather conditions rarely cause closures at the airport. It has a market cap of $46.15 billion.
ExxonMobil employs a total of 83,000 employees, and is the largest publicly traded oil and gas company. While it has “campuses” around Texas, its HQ is still in Irving in the Dallas metro area. It has a market cap of $346.91 billion.
Vermont—Keurig Green Mountain
The coffee producer has special ties to Vermont: Its first cafe was in the state. The Waterbury campus is set in the restored Waterbury Train Station, and is a mix of historic and modern buildings. The company laid off about 200 local employees in 2016 but still employs about 2,000 people in the state. It has a market cap of $13.70 billion.
Utah—Extra Space Storage Inc.
In all, the self-storage company owns or operates 1,400 stores in 38 states plus Washington, D.C., and Puerto Rico. The company, which got its start in 1977, is based in Salt Lake City, but has regional offices in nine states It has a market cap of $9.25 billion.
Virginia—Altria group inc
Altria Group is a producer and marketer of tobacco products. It’s the parent company of Philip Morris USA, John Middleton, Inc. and U.S. Smokeless Tobacco Company. In all, Altria has about 9,000 employees. The company relocated its headquarters from New York City to Henrico County in 2004. It has a market cap of $127.14 billion.
The multinational technology company started in 1975 and was originally based in Albuquerque, New Mexico. In 1979, the company moved to Bellevue, Washington. Then, it moved again in 1986 to Redmond, where it remains today. The company that develops and sells computers, software and electronics employs 121,567 people around the world. Of those employees, 45,535 are in Washington state and has a market cap of 460.38 billion.
West Virginia—United Bankshares Inc.
The bank holding company has dual headquarters in Washington, D.C. and Charleston. The company started in 1839, and today employs more than 1,900 employees at 145 branches and has a market cap of $2.83 billion.
Wisconsin—Johnson Controls, Inc.
The multinational company sells auto parts such as batteries and HVAC equipment for buildings. As Wisconsin’s largest company based on sales, Johnson Controls employs about 3,400 people locally. Worldwide, it employs more than 170,000 people at its 1,300 locations and has a market cap of $38.19 billion.
Wyoming—Cloud Peak Energy Inc.
The company is one of the largest coal producers in the United States. Cloud Peak Energy, Inc. owns and operates three surface coal mines in the Powder River Basin. The company employs 1,300 people total and has a market cap of $401.65 million.