Share
4,489
Super ModeratorSuper Moderator
4,489

PostApr 22, 2008#51

Keep in mind too that the F500-1000 list only lists public companies. For example, while Charlotte might list one additional public firm than St. Louis on the F500, St. Louis has a higher concentration of large private firms than many of its peer cities such as Minneapolis, Pittsburgh, Cleveland, Baltimore etc.



Source



Large private firms such Enterprise, Edward Jones, and Center Oil could make the F500 list if they went public.
2,929
Life MemberLife Member
2,929

PostApr 22, 2008#52

JMedwick wrote:Which is more beneficial to the region, stretching the truth to get good press or using the clear facts to get good press?


I believe we should look at their statements as validations for positive identity. For example, does Panera want to identify themselves more with Saint Louis or Richmond Heights, which is a nice suburban town, but without nearly the acclaim, prestige, or identity of the City?



Consider realpolitik behind their statements. That so many companies in Creve Coeur, Clayton, and the rest of the County are interested in identifying themselves with Saint Louis shows the desire we all have, and they all have, for the region unified as one. Further, the separation of the County and City, which I don't see ending anytime soon (too many feifdoms and lords to dislodge), is a recognized reality that isn't always appreciated but to which has been adapted for identity. Even those companies across the Great Suburban Frontier into St. Chuck County, such as MEMC and American Railcar, still see themselves as part of Greater Saint Louis.



This whole metro area has an identity problem. We have two central business districts, with separate skylines. We have two states, two major rivers, two international airports (small "i" in Mascoutah), and a general lack of self-respect, harking back to our younger days when 3 million people went through Union Station each day. However, for all our separation, our industries and corporations are unified enough to say that they are Saint Louis, even when some of them are really in Berkeley and some in Maryland Heights. They recognize themselves as being de facto Saint Louis, and this is a good thing we should support.



Fortune recognized our area's business acumen, which we should all celebrate as we hope to see more companies join in.



*Arch City is right to remind us of the Public Companies around. He mentioned the Country’s Largest Private Car Fleets, a Full-Service Brokerage, and an Oil Company. Yeah, we pimpin.
3,311
Life MemberLife Member
3,311

PostApr 22, 2008#53

but I'm tired of the perception of going nowhere or going backwards, especially when good things are going on.


hear hear. what is the deal with the lack of civic pride in this city? i'm a broken record..
36
New MemberNew Member
36

PostApr 22, 2008#54

The 2008 list is out. St. Louis has 8 fortune 500 companies this year and 13 additional companies that made the fortune 1000. Here they are:



http://money.cnn.com/magazines/fortune/ ... es/MO.html

1 Emerson Electric 111 22,572.0 St. Louis

2 Express Scripts 135 18,377.8 St. Louis

3 Anheuser-Busch 149 16,685.7 St. Louis

4 Monsanto 305 8,607.0 St. Louis

5 Ameren 329 7,546.0 St. Louis

6 Charter Communications 409 6,002.0 St. Louis

7 Peabody Energy 432 5,599.2 St. Louis

8 Graybar Electric 455 5,258.3 St. Louis



11 Solutia 593 3,578.0 St. Louis

12 Energizer Holdings 617 3,365.1 St. Louis

14 Olin 649 3,168.5 Clayton

15 A.G. Edwards 655 3,126.1 St. Louis

16 Centene 685 2,926.0 St. Louis

20 Arch Coal 790 2,413.6 St. Louis

21 Brown Shoe 799 2,359.9 St. Louis

23 Ralcorp Holdings 830 2,233.4 St. Louis

24 Furniture Brands International 854 2,145.7 St. Louis

25 Sigma-Aldrich 882 2,038.7 St. Louis

26 Belden 884 2,032.8 St. Louis

27 Laclede Group 892 2,021.6 St. Louis

28 MEMC Electronic Materials 913 1,921.8 St. Peters
2,430
Life MemberLife Member
2,430

PostApr 22, 2008#55

Gone Corporate wrote:Fortune recognized our area's business acumen, which we should all celebrate as we hope to see more companies join in.


GC, I am not saying there is no benefit (or no positive news) in companies such as Emerson and Charter Communications identifying with the metro rather than just the city where they are located. Clearly any time major businesses identity with the region rather than just one small part, it increased the name recognition for the metro.



That said, the listing of public HQ's by city does not recognize the area's business acumen when that information is incorrect. How do lies and half-truths shine a positive spotlight on the City and region? Why use the sinking sand of half-truths to build up the region's business reputation when the solid rock of facts are readily available?



The City and region do not need twisted facts to recive positive recongition.
5,631
Life MemberLife Member
5,631

PostApr 22, 2008#56

JMedwick wrote:
Gone Corporate wrote:Fortune recognized our area's business acumen, which we should all celebrate as we hope to see more companies join in.
The City and region do not need twisted facts to recive positive recongition.
Reality says that our city borders are disproportionately small as compared to most of our peers. It just makes more sense for Fortune or whomever to play a bit more loose with the geography. And as long as they utilize similar methodologies from year to year, the comparisons hold weight.



Isn't this thread a broken record by now?
6,775
Life MemberLife Member
6,775

PostApr 22, 2008#57

JMedwick wrote:Where is 8000 W. Florissant Ave. located?


Across the street from 8001 W. Florissant Ave.
2,430
Life MemberLife Member
2,430

PostApr 22, 2008#58

A bit slow on the response Central. Someone already beat you to the answer.


In Ferguson


Is Ferguson in the City of St. Louis?

PostApr 22, 2008#59

And as long as they utilize similar methodologies from year to year, the comparisons hold weight.


The list citied by Mizzou that started all of this is not a time series comparison, so your point makes no sense.



As for "city borders," we as a City cannot always and forever fall back on this "woe is me, we have an artificially small City and therefore are screwed in all lists unless we get to include some of the surrounding suburbs" mentality.
6,775
Life MemberLife Member
6,775

PostApr 22, 2008#60

JMedwick wrote:A bit slow on the response Central. Someone already beat you to the answer.


In Ferguson


Is Ferguson in the City of St. Louis?


Yes. He lives off of Shaw, but I forget the street name. Although, I don't know if he is in the city right this very minute, so I can't answer your question.
5,631
Life MemberLife Member
5,631

PostApr 22, 2008#61

JMedwick wrote:
And as long as they utilize similar methodologies from year to year, the comparisons hold weight.


The list citied by Mizzou that started all of this is not a time series comparison, so your point makes no sense.



As for "city borders," we as a City cannot always and forever fall back on this "woe is me, we have an artificially small City and therefore are screwed in all lists unless we get to include some of the surrounding suburbs" mentality.
This thread has pretty much devolved into a circular waste of energy. It just depends on your perspective, that's all. There is no wrong answer.
1,099
Expert MemberExpert Member
1,099

PostApr 22, 2008#62

The Central Scrutinizer wrote:
JMedwick wrote:A bit slow on the response Central. Someone already beat you to the answer.


In Ferguson


Is Ferguson in the City of St. Louis?


Yes. He lives off of Shaw, but I forget the street name. Although, I don't know if he is in the city right this very minute, so I can't answer your question.
You could try looking for him at his favorite pub. He sure does loves his brain sandwiches.
2,929
Life MemberLife Member
2,929

PostApr 22, 2008#63

David Nicklaus chimes in. A little from Column A, a little from Column B.



http://www.stltoday.com/blogzone/mound- ... -counting/
5
New MemberNew Member
5

PostApr 22, 2008#64

Many parts of the eastern half of St. Louis County have a "St. Louis, MO" mailing address even if the location is technically in a different city such as Crestwood or Ferguson. I believe all eight of these companies have a St. Louis mailing address, and that is probably what is being used.
2,831
Life MemberLife Member
2,831

PostApr 23, 2008#65

This thread is so sad.



It shows how many are really against "STL" as a community. I have lived in Atlanta, Mobile, and NYC and never sensed a lack of "community" around a city.



But for the record...



Where is Ferguson, MO.? asked anyone out of STL



also...



The USPS allows any zip code in the 631 and 630 zip codes to be labeled ST. LOUIS, MO.
1,642
Totally AddictedTotally Addicted
1,642

PostApr 23, 2008#66

I remember when the Bears threatened to move to a proposed stadium near the Arlington horse track in Arlington Heights. Mayor Daley said " I hope you are prepared to be known as the "Arlington Heights Bears". I always thought that was great.
2,772
Life MemberLife Member
2,772

PostApr 23, 2008#67

Is it rare for a city to have several suburbs that can use "City, State" as their address? City meaning the big city, rather than the suburb. Such as (just as example), Swansea, Massachussettes, could they put Boston, MA as their address? If so, I don't see what the big deal is.
6,775
Life MemberLife Member
6,775

PostApr 23, 2008#68

^Why all the haterizing against St. Louis?
2,772
Life MemberLife Member
2,772

PostApr 23, 2008#69

matguy70 wrote:The USPS allows any zip code in the 631 and 630 zip codes to be labeled ST. LOUIS, MO.


Right, but is that the norm? Like, are there inner-ring burbs around Boston, NYC, San Fran, etc, that do the same?
2,430
Life MemberLife Member
2,430

PostApr 24, 2008#70

^ Yes it can be. While Zip codes do correspond with one particular place name, there are often multiple secondary acceptable place names. For inner-ring suburbs in St. Louis, 'St. Louis' is often considered an acceptable secondary place name.
359
Full MemberFull Member
359

PostApr 24, 2008#71

There are people in Jefferson County who have "St. Louis" addresses 8)
153
Junior MemberJunior Member
153

PostApr 26, 2008#72

Real Data on Fortune 500 HQ's (select MW Markets):



METRO TOTAL SUBURBS CITY CBD

Chicago 30 19 11 10

Dallas 24 18 6 3

Minneapolis 19 12 5 5min/2stp (7 tot)

Detroit 16 13 3 3

Atlanta 13 10 3 3

Cincinnatti 9 2 5 7 (2 in covington,KY)

St. Louis 8 5 3 3 (includes AB)

Cleveland 7 3 4 4

Pittsburgh 6 1 5 5

Columbus 6 3 3 3

Louisville 3 1 2 2

Indianapolis 3 1 2 2

Kansas City 2 1 1 1

OTHERS TOTAL SUBURBS CITY CBD

New York 74 22 52 52

Los Angeles 21 20 1 1

Atlanta 13 10 3 3

Philadelphia 10 5 5 4

Charlotte 8 2 6 3



Observations: In the Midwest outside of Chicago, Cincinnatti has the most HQ located in their CBD (5 in Ohio, 2 facing the river in KY). Followed by Minneapolis (5 in Minny, 2 in St. Paul), Pittsburgh (5) and Cleveland (4).



St. Louis, Dallas, Detroit, Columbus, Charlotte and Atlanta all have the same number of 500HQ's within their CBD (3). St. Louis could be only two, as AB was included.



Pittsburgh, Cleveland and Cincinnatti have more HQ's within CBD than suburbs. Most other cities have more in suburbs, with the exception of New York. Boston, DC, San Francisco, Denver, Houston and Seattle were notable HQ cities not listed.



Kansas City's only F-500 company DT is H&R Block...

Los Angeles is not a city.



Interesting question... What would you rather have...Boeing's HQ (now in Chicago) or the massive industrial complex and defense HQ sub-unit at Lambert?
3,311
Life MemberLife Member
3,311

PostApr 28, 2008#73

definitely IDS at Lambert.
5,631
Life MemberLife Member
5,631

PostApr 28, 2008#74

marc buxton wrote:Interesting question... What would you rather have...Boeing's HQ (now in Chicago) or the massive industrial complex and defense HQ sub-unit at Lambert?
Thousands more jobs are here than in the HQ. However, I believe tax on company profit is paid to Chicago and Illinois. Not totally certain about that, but I think so. The tax inflow would be nice, but jobs are more important and we also pay taxes!



Boeing's world HQ couldn't feasibly be here anyway. The board had to pick an HQ that was geographically disparate from Seattle and St. Louis. Chicago is perfect in my opinion.
752
Super MemberSuper Member
752

PostApr 29, 2008#75

Isn't Boeing incorporated (like so many companies) in Delaware? I think thats where there tax is paid... not necessarily where their headquarters is...
Read more posts (49 remaining)
Share