Chicago Area Manufacturers Named To INDUSTRYWEEK 1000; Fifth Annual List Highlights World's 1,000 Largest Publicly Held Manufacturing Firms.Business Editors CLEVELAND--(BUSINESS WIRE)--June 7, 2000 Thirty-one Chicago area firms are among the global giants of manufacturing, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. INDUSTRYWEEK (IW) magazine's fifth annual IW 1000 - a comprehensive listing of the world's largest publicly held manufacturing companies. Working in conjunction with Waltham, Mass.-based information-services company Primark Corp., IW identified more than 28,000 publicly held manufacturing companies. Primark then obtained the latest available financial data on these companies and determined the IW 1000 ranking based on total revenues for 1999. "This year's IW 1000 clearly demonstrates the tremendous impact that manufacturing has on the global economy," remarked John Brandt, publisher and editor-in-chief of IW, noting that collectively the firms generated more than $8.2 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time. (mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed. In the USA and Canada, 10^12. in revenue in 1999. "Not only is manufacturing thriving thrive intr.v. thrived or throve , thrived or thriv·en , thriv·ing, thrives 1. To make steady progress; prosper. 2. , the sector is also responsible for much of the sustained productivity improvement our economy has been enjoying for the past decade." General Motors Corp., with 1999 revenues of $176.6 billion, reclaimed re·claim tr.v. re·claimed, re·claim·ing, re·claims 1. To bring into or return to a suitable condition for use, as cultivation or habitation: reclaim marshlands; reclaim strip-mined land. the top spot in this year's listing from last year's leader DaimlerChrysler AG, which dropped to fourth with revenues of $151.0 billion. Rounding out the top five were Ford Motor Co., second with revenues of $162.6 billion; Exxon Mobil Corp., third at $160.9 billion; and Toyota Motor Corp., fifth at $124.8 billion. Highlights for Chicago area companies include: -- Combined revenues generated by these 31 firms totaled $171.2 billion in 1999. -- Three area manufacturers, Pactive Corp., Corn Products International Inc., and Molex Inc., made their debuts to the list. -- Chicago-based Tribune tribune, in ancient Rome, one of various officers. The history of the office of tribune is closely associated with the struggle of the plebs against the patrician class to achieve a more equitable position in the state. From c.508 B.C. Co. holds the distinction of having the highest profit margin of any company on the list at 45.6%. -- Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. tied with California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). in terms of states with the most companies on the list with 35.
Here's how area companies ranked on the fifth annual IW 1000:
44 Motorola Inc.
78 Sara Lee Corp.
139 Abbott Laboratories
202 Illinois Tool Works Inc.
224 Navistar International Corp.
270 Smurfit-Stone Container Corp.
284 Fort James Corp.
303 Baxter International Inc.
376 R.R. Donnelley & Sons Co.
378 Fortune Brands Inc.
408 Quaker Oats Co.
441 Brunswick Corp.
458 FMC Corp.
501 Dean Foods Co.
515 USG Corp.
558 Tenneco Automotive Inc.
564 Tribune Co.
615 Pactiv Corp.
646 Ryerson Tull Inc.
667 Keebler Foods Co.
710 Borg-Warner Automotive Inc.
732 IMC Global Inc.
748 American National Can Group Inc.
750 Tellabs Inc.
801 Hollinger International Inc.
808 Whitman Corp.
834 Wm. Wrigley Jr. Co.
857 Alberto-Culver Co.
915 Fruit of the Loom Ltd.
963 Corn Products International Inc.
973 Molex Inc.
The full IW 1000 listing will be included in the June 12 issue of INDUSTRYWEEK. In addition, a database of all companies searchable by country, industry, and a variety of financial performance measures will be available on the publication's award-winning Web site at www.industryweek.com/iwinprint/iw1000 beginning June 7. About INDUSTRY WEEK INDUSTRYWEEK (IW) and its interactive Web site at www.industryweek.com are the premier sources for global manufacturing management best practices - providing manufacturing executives and decision makers with more effective ways to lead people, implement technology, and manage business processes. INDUSTRYWEEK is a publication of Penton Media Penton Media, Inc. (OTC: PTON.OB), founded in 1892, is a diversified business-to-business media company. Penton Media is a mass media corporation that publishes and produces over 40 magazines, 80 trade shows, and 47 web sites. , Inc. (NYSE NYSE See: New York Stock Exchange :PME PME Petites et Moyennes Entreprises PME Professional Military Education PME Pequenas e Médias Empresas (Portugal) PME Petite et Moyenne Entreprise PME Psychology of Mathematics Education PME Pi Mu Epsilon ), a leading diversified diversified (di·verˑ·s business media company that produces market-focused magazines, Web sites, trade shows, and conferences. Penton serves the manufacturing, Internet/broadband, natural products/food/retail, electronics, design/engineering, management, supply chain/aviation, government/compliance, mechanical systems/construction, and leisure/hospitality markets. For more information, visit www.penton.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion