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Local companies make this year’s Fortune 500
Stacy Wescoe, BridgeTower Media//May 29, 2019
Local companies make this year’s Fortune 500
Stacy Wescoe, BridgeTower Media//May 29, 2019
The Fortune 500 is out and a number of companies in Central Pennsylvania and the Greater Lehigh Valley have made the cut.
Topping the list regionally was Camp Hill-based Rite Aid, which came in at No. 107, a drop from the previous year’s rank of 94. Revenue was down 8 percent over the prior year to $30.22 billion.
Next highest is Air Products and Chemicals of Trexlertown, which came in at No. 344, up from the previous year’s ranking of 345. Revenue for Air Products was $8.93 billion, up 5.8 percent over the previous year.
Hershey-based candy maker Hershey came in at No. 391, dropping from 379 the prior year. The company had revenue of $7.8 billion, up 3.7 percent.
Allentown-based PPL, which provides electrical utility and other services, dropped from 380 to No. 392 with revenue of $7.79 billion, and profits of $1.82 billion.
Utility UGI, which is headquartered in King of Prussia but services the Greater Lehigh Valley and Berks, was No. 400 with $7.65 billion in revenue
Toll Brothers, a Horsham-based luxury homebuilder with numerous communities in the region, came in at No. 482 with $7.14 billion in revenue.
Making the top 1000 from the region were Dentsply Sirona of York at 628; Penn National Gaming of Wyomissing at 676; Weis Markets of Sunbury at 683; EnerSys of Reading at 841 and Carpenter Technology, which has manufacturing in Reading, at 940.
Companies are ranked by total revenues for their respective fiscal years comparing fiscal 2018 to fiscal 2017.
For the full Fortune 500 list click HERE. The list is published by Fortune Magazine.
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