Million Dollar Corporations in 2013 Total 4,220

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Charltote skyline ©PatrickSchneiderPhoto.comCharlotte is the center of the nations fastest-growing urbanized area and home of many of the nation’s top firms. The 2013 Hoover’s Database, a Dun & Bradstreet Company, provides evidence of Charlotte’s position as a major corporate capital. The list includes 4,220 firms in Charlotte-Mecklenburg with sales of $1 million or more annually. Another impressive indicator of Charlotte’s business strength is that 42 companies in this listing reported sales exceeding $1 billion. Of the million dollar corporations located in Charlotte with multiple locations, 1,048 are headquartered here. Six of these headquartered firms are ranked among the Fortune 500 list of largest national companies. Those operations rank Charlotte 10th nationally in total number of headquartered Fortune 500 companies in the county.

The diversity of Charlotte’s million dollar companies can be seen in the chart placed below. The largest industry segments represented are services with 1,626 establishments, followed by wholesale trade with 614 establishments, then construction with 535 establishments and manufacturing with 468. The variety of industry proves that Charlotte is not just a financial service center but also a community with a very diverse economy. It also confirms that despite the national decline in manufacturing in recent years, the industry still holds strong. Charlotte boasts a versatile business environment and diverse industry sectors – characteristics that any city would be proud to have.

 

Rank

Classification

# of Firms

1

Services

1,626

2

Wholesale Trade

614

3

Construction

535

4

Manufacturing  

468

5

Retail Trade

379

6

Finance, Insurance, Real Estate

327

7

Transportation, Comm., Utilities

248

8

Other

 23

   Total

 4,220

 

In Mecklenburg County, there are 361 companies with $25 million in sales or more.