If there is one thing that a big city needs, it is big companies to match that size. Corporations help a city strive. When you purchase something from a company based in your city or state, more money stays in the city and state. The money that stays domestically is about 43 percent, while purchasing something from out of the city or state only keeps about 13 percent in the domestically. It is obvious why you would want to know what companies are in you city. One of the fastest growing cities in the country, Phoenix is no exception. There are many different corporations and law firms in the state that are in the Fortune 500 or the NLJ 250. This article will list some of the major companies in the Phoenix area to give you a better understanding of what makes your city strive.
A big category in companies is the Fortune 500. But, if you go a little bit further, there is also the Fortune 1000. The Fortune 1000 is the top 1000 companies according to revenue and profit in the world. Phoenix has eleven companies that are in the Fortune 1000, with five being in the Fortune 500. This means that the headquarters for these companies are in Phoenix. Two of these companies actually got their start in Phoenix and continued to grow across the country. These two are Petsmart and US Airways Group. The other companies in the Fortune 500 are Avnet, Freeport-McMoRan, and Insight Enterprises. These five companies really helped the city get to where it is today, and they will continue to help it as the years go by. This leaves the other six in the Fortune 1000. These are Amkor Technologies, Apollo Group, ON Semiconductor, Pinnacle West Capitol Corporation, Republic Services, and RSC Holdings. With companies like this, it is easy to see why Phoenix continues to strive. All of these companies give back to the community, and when people buy their products, more money stays in Phoenix.
The NJL 250 is the top 250 law firms in the country. Of course, just like the Fortune 500, it is according to revenue and profit. Phoenix has three law firms in the NJL 250, and just like the Fortune 500, they help Phoenix grow as well. These three are Snell and Wilmer, Lewis and Roca, and Fennemore Craig. People trust these law firms and it shows because they are in the NJL 250.
Even though the next companies may not be in the Fortune 500 or the Fortune 1000, they still significantly help Phoenix. These companies include Hypercom, Microchip Technologies, and Discount Tire Company. If you, or other, bigger companies buy from these, the money tends to stay in Phoenix or Arizona and it really helps everyone.
As you can see, there is no shortage of major corporations or law firms in Phoenix. You may not realize what you are living by, but Phoenix is a huge city with great major corporation scattered around. See the other companies that got started here, and help Phoenix grow even more.
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