Greater Richmond Fortune 1000 Headquarters Grows to Eleven

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FOR IMMEDIATE RELEASE

Richmond, Va. – The number of Fortune 1000 companies headquartered in Greater Richmond, Virginia has grown by one for a total of 11. This ranks Greater Richmond 13th best of all metros in the number of Fortune 1000 companies per 100,000 residents.

Across all U.S. metro areas, Greater Richmond ranked 19th in the number of total Fortune 1000 companies, tying with Kansas City, MO and Phoenix, AZ.

NewMarket Corporation was added this year by being ranked 943 on Fortune’s list. NewMarket began in Richmond in 1887 and is the parent company of Afton Chemical Corporation and Ethyl Corporation.

Below is the list of Fortune 1000 companies in Greater Richmond*:

COMPANY

TYPE

FORTUNE RANK

Altria Group

Tobacco products

154

Dominion Resources

Electric and gas utility

162

Genworth Financial

Insurance

243

Owens and Minor

Health care wholesaler

295

CarMax

Automotive retailer

311

MeadWestvaco

Packaging

373

Brink's

Security services

645

Massey Energy

Mining

662

Universal

Tobacco wholesaler

749

Markel

Insurance

818

NewMarket

Chemicals

943

*Note: Companies in bold are Fortune 500 companies.  Source: www.fortune.com, May 2011.

Gregory H. Wingfield, president and CEO of the Greater Richmond Partnership, Inc., said, “For a region our size, it is impressive to have 11 Fortune 1000 companies who choose to be headquartered in Greater Richmond, of which six are ranked as Fortune 500. These are well-known companies that are obviously very successful. Having another headquartered company added to the Fortune list this year validates that businesses can thrive in Greater Richmond.”

The Greater Richmond Partnership, Inc. was launched in 1994 as a pioneering regional public-private initiative to serve as the regional economic development group for the City of Richmond and the counties of Chesterfield, Hanover and Henrico. The mission is to help grow the Greater Richmond economy through the attraction of high quality jobs and new capital investment, the retention of existing businesses, and the continued improvement of the region's business climate. Since inception, the Partnership has played a key role in the attraction of more than $7.3 billion in investment by 395 new and expanding companies. This is a return on investment of $164 for every $1 in funding provided by public and private partners since 1994. For more information, please visit www.grpva.com.  RSS feed: http://www.grpva.com/rss/rss-prod/

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Media Contact:
Greg Wingfield
President/CEO
Greater Richmond Partnership, Inc.
(804) 643-3227
[email protected]