Million Dollar Corporations in 2011 Total 3,464

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Charltote skyline ©PatrickSchneiderPhoto.comCharlotte is the center of the nation’s sixth largest urban region and home of many of the nation’s top firms. The 2011 Hoover’s Database, a Dun & Bradstreet Company, provides evidence of Charlotte’s position as a major corporate capital. The data includes 3,464 firms in Charlotte/Mecklenburg with sales of $1 million or more annually. Another impressive indicator of Charlotte’s business strength is that 25 companies in this listing reported sales exceeding $1 billion. Of the million dollar corporations located in Charlotte with multiple locations, 268 are headquartered here. Eight of these headquartered firms are ranked among the Fortune 500 list of largest national companies. Those operations rank Charlotte sixth in total number of headquartered Fortune 500 companies in the nation.  

The diversity of Charlotte’s million dollar companies can be seen in the chart placed below. The largest industry segments represented are services with 1,340 establishments, followed by construction with 583 establishments, then wholesale trade with 477 establishments and manufacturing with 350.  The variety of industry proves that Charlotte is not just a financial service center but is a community with a very diverse economy.  It also confirms that despite the decline in manufacturing in recent years, the industry still holds strong. Charlotte boasts a versatile business environment and diverse industry sectors — characteristics that any region would be proud to have.

 

Rank

Classification

# of Firms

1

Services

1,340

2

Construction

583

3

Wholesale Trade

477

4

Manufacturing  

350

5

Finance, Insurance, Real Estate

280

6

Retail Trade

265

7

Transportation, Comm., Utilities

160

8

Other   Retail Trade

  9

   Total

 3,464

The downloadable list includes 402 companies with $10 million in sales or more. Updated June 2011.