Five local companies made this year’s Fortune 500, an annual ranking of the nation’s corporations by total fiscal year revenue as compiled by Fortune magazine.
Sandy Springs gained a new Fortune 500 member, Veritiv, a packaging, printing, logistics and facilities firm that formed in 2014 from a corporate merger.
However, the city will soon lose another longtime Fortune 500 company, Newell Brands, which is moving its headquarters to New Jersey, though it will maintain division offices here.
Georgia has 30 companies on the list, with Cobb County-based Home Depot as the state’s No. 1.
Companies with local headquarters:
- UPS (Sandy Springs), No. 48 (No. 2 in Georgia), $58 billion
- First Data (Sandy Springs), No. 242 (No. 8 in Georgia), $11.5 billion
- Veritiv (Sandy Springs), No. 323 (No. 10 in Georgia), $8.7 billion
- PulteGroup (Buckhead), No. 434 (No. 17 in Georgia), $6 billion
- Newell Brands (Sandy Springs), No. 434 (No. 18 in Georgia), $6 billion
Other major local corporations in the top 1,000: Intercontinental Exchange (No. 529), Graphic Packaging Holding Company (No. 577), Axiall (No. 613), Aaron’s (No. 689) and Global Payments (No. 777). Aaron’s is based in Buckhead while the others are all Sandy Springs companies.