St. Louis Gets Another Fortune 500 Company (for now)

bchao524 · PostDec 01, 2011#12011-12-01T05:29+00:00

Perhaps a bit of a misleading headline, but Ralcorp yesterday announced that their fiscal 2011 revenue hit $4.7 billion, an 18% increase from the previous year. This places them in the Fortune 500 and moves them higher up the list than both Graybar (#9 in the St. Louis area) and Centene (#10). Of course, this will change once Ralcorp completes their spinoff of Post Foods in January 2012, though the two new companies will still be in St. Louis.

Source: St. Louis Post Dispatch (http://goo.gl/UR8rj)

wabash · PostDec 02, 2011#22011-12-02T15:53+00:00

It's possible St. Louis could add 3 companies to the Fortune 500 list, a 33% increase. Arch Coal, Energizer, and Ralcorp have all seen their revenues increase considerably, and if their current year totals were applied to last year's rankings they all would have fallen somewhere between 450 and 500. The current list is:

Rank in Missouri, Company, Overall Rank, Revenues
1 Express Scripts 55 St. Louis 44,989.7
2 Emerson Electric 120 St. Louis 21,866.0
3 Monsanto 234 St. Louis 10,502.0
4 Reinsurance Group of America 290 Chesterfield 8,261.7
5 Ameren 313 St. Louis 7,638.0
6 Charter Communications 333 St. Louis 7,059.0
7 Peabody Energy 338 St. Louis 6,944.2
8 Graybar Electric 480 St. Louis 4,616.4
9 Centene 493 St. Louis 4,470.1

Arch Coal: 1,200 (3rd Quarter)
Ralcorp: 4,740
Energizer: 4,650

mill204 · PostDec 02, 2011#32011-12-02T17:42+00:00

^ Let me make that table more readable for you.

Code: Select all

Rank in MO   Overall   Company                       Revenues   City 
         1        55   Express Scripts               44,989.7   St. Louis 
         2       120   Emerson Electric              21,866.0   St. Louis 
         3       234   Monsanto                      10,502.0   St. Louis 
         4       290   Reinsurance Group of America   8,261.7   Chesterfield 
         5       313   Ameren                         7,638.0   St. Louis
         6       333   Charter Communications         7,059.0   St. Louis
         7       338   Peabody Energy                 6,944.2   St. Louis
         8       480   Graybar Electric               4,616.4   St. Louis
         9       493   Centene                        4,470.1   St. Louis

                       Arch Coal                      1,200 (3rd Quarter)
                       Ralcorp                        4,740 
                       Energizer                      4,650

matguy70 · PostMay 08, 2012#42012-05-08T02:27+00:00

Forbes released today 5/07/2012 The US Fortune 500 list.

St. Louis has 9 Fortune 500 companies overall.
(we lost one fro last year... Smurfit was sold end 2010 but made the 2011 list)
[see list below for STL's Companies]

Overall...
STL ranks well in the US.
The 2012 Forbes Top Fortune 500 Cities:
City: State: Numer of 500 companies:
1) New York NY 45
2) Houston TX 22
3) Dallas TX 10
4) Atlanta GA 10
5) Minneapolis MN 10
6) Chicago IL 8
7) St. Louis MO 8

When looking at the 2012 MSA (Entire metro area)
NYC - 71
San Francisco – Oakland – San Jose: 31
Chicago (IL, IN, WI): 28
Houston: 25
Dallas – Fort Worth: 24
Los Angeles: 24
Minneapolis – St. Paul: 20
Washington D.C. (DC–VA–MD–WV): 17
Philadelphia (PA, DE, MD, NJ): 14
Atlanta: 12
Boston: 12
Detroit: 12
St. Louis: 9
Cincinnati (OH-KY-IN): 9

MISSOURI's FORTUNE 500 COMPANIES 2012

1 Express Scripts Holding 60 St. Louis 46,128.3
2 Emerson Electric 120 St. Louis 24,234.0
3 Monsanto 224 St. Louis 11,822.0
4 Reinsurance Group of America 289 Chesterfield (St. Louis) 8,829.5
5 Peabody Energy 316 St. Louis 8,096.0
6 Ameren 340 St. Louis 7,531.0
7 Charter Communications 351 St. Louis 7,204.0
8 O'Reilly Automotive 424 Springfield 5,788.8
9 Graybar Electric 451 St. Louis 5,374.8
10 Centene 453 St. Louis 5,340.6

All of Missouri's Fortune 500 are in St. Louis except O'Reilly in Springfield.
Kansas City has three in the Fortune 500 list but all listed on the Kansas Side.

Alex Ihnen · PostMay 08, 2012#52012-05-08T03:30+00:00

Still fighting above our weight it would seem. What was the max number STL has had?

wabash · PostMay 08, 2012#62012-05-08T12:07+00:00

Unfortunately Energizer was edged out once again. Their revenues are around 4.7 billion, and #500 on the list is Molina Healthcare (a competitor of Centene's) at 4.77 biliion. Arch Coal revs fell from falling coal prices and Ralcorp fell from the spin-off of Post. Perhaps next year Energizer will crack the 500.

quincunx · PostMay 08, 2012#72012-05-08T13:21+00:00

Wouldn't Edward Jones qualify if it were publicly traded? Would any others?

the central scrutinizer · PostMay 08, 2012#82012-05-08T13:25+00:00

quincunx wrote:Wouldn't Edward Jones qualify if it were publicly traded? Would any others?

Enterprise.

debaliviere · PostMay 08, 2012#92012-05-08T14:07+00:00

I don't have anything to add, except that I've always liked the name "Smurfit" and will miss seeing it on the Fortune 500 list.

newstl2020 · PostMay 08, 2012#102012-05-08T14:09+00:00

^I *think* Center Oil and Apex Oil have both had years that would have gotten them close in the past, but I do not *think* they have been stable enough to be members for sustained periods of time. (This is based entirely off a couple of random single year revenue numbers I think I have seen and nothing else)

In general, this is a bit of an exercise in futility, however. The entire composition of the list would change if we started including private cos.

sirshankalot · PostMay 08, 2012#112012-05-08T14:49+00:00

Please stop "thinking" then for you obviously have little knowledge on this topic. Apex and Center are private companies so they can't be on the Fortune 500 list.

newstl2020 · PostMay 08, 2012#122012-05-08T14:52+00:00

by sirshankalot » Tue May 08, 2012 8:49 am

Please stop "thinking" then for you obviously have little knowledge on this topic. Apex and Center are private companies so they can't be on the Fortune 500 list.

^NO sh*t. Did you even read the posts above?

You may want to increase your level of reading comprehension before making dumb, snarky comments.

PostMay 08, 2012#132012-05-08T15:45+00:00

sirshankalot wrote:Please stop "thinking" then for you obviously have little knowledge on this topic. Apex and Center are private companies so they can't be on the Fortune 500 list.

First, see this post clearly listed above:

by quincunx » Tue May 08, 2012 7:21 am

Wouldn't Edward Jones qualify if it were publicly traded? Would any others?

Second, from the 2011 Biz Journals list of largest private cos in StL:

3 Center Oil Co.
2010 revenue: $4.15 billion +25.8%
A global rise in oil prices, which crept from about $71 a barrel last May to $91 a barrel by the end of the year, boosted 2010 revenue for Center Oil. Oil prices reached $100 a barrel earlier this month and should continue to impact Center Oil in 2011.

The oil trading company, which also distributes gasoline and other refined petroleum products throughout the United States, has 12 terminals with a combined capacity of nearly 2.8 million barrels of oil products. The biggest, in Cleveland, is capable of holding 647,000 barrels. Center Oil also markets out of 36 terminals in 10 states that give the business access to customers from the Dakotas to Oklahoma and east to New York.

The company also owns Center Ethanol LLC, which has been in operation in Sauget, Ill., since 2008.

President and CEO Gary Parker founded Center Oil in 1986. He also is the largest shareholder in Reliance Bancshares, with near 5.5 million shares, or 26 percent of the stock.

5 Apex Oil Co. Inc.
2010 revenue: $3.6 billion (estimate)
Revenue grew exponentially at Apex behind the sharp increase in oil prices in 2010. The oil trading and distribution business serves customers through terminals spread around the country, including two in the metro area, one in St. Louis and one in Granite City.

Apex is taking responsibility for some environmental cleanup in Hartford, Ill., this year after a long court fight to avoid what is estimated to be a $150 million to $300 million cost. Apex began complying after the U.S. Supreme Court denied Apex’s request to hear the matter. Apex no longer operates a refinery in Hartford.

Apex’s affiliated companies include a tug and barge business and Shanty Creek Resorts, a golf and ski lodge in Bellaire, Mich. Chairman and CEO Tony Novelly is the company’s primary owner, and Ed Wahl is president.

I clearly "know nothing about the topic." My apologies.

Alex Ihnen · PostMay 08, 2012#142012-05-08T15:46+00:00

Now, now. There's no Fortune 500 for snark.

sirshankalot · PostMay 08, 2012#152012-05-08T17:36+00:00

New,

I read your post as saying that at one time Apex and Center were on the Fortune 500 list. If your post meant that those two companies, owned by Novelly and Gary Parker, respectfully, were once on the list of top private companies, then I misunderstood your post.

newstl2020 · PostMay 08, 2012#162012-05-08T18:44+00:00

I *think* Center Oil and Apex Oil have both had years that would have gotten them close in the past,

How exactly did you translate this as "Center Oil and Apex Oil have both been members of the Fortune 500 in years past."?

Yes, you misunderstood the post.

arch city · PostMay 08, 2012#172012-05-08T19:55+00:00

Here's the complete 2012 St. Louis Fortune 1000 list. It is already on the RCGA's website.

Panera Bread has cracked the Fortune 1000. Solutia will be taken off next year's list because it was acquired by Eastman Chemical early this year.

Link

matguy70 · PostMay 08, 2012#182012-05-08T22:44+00:00

A few Top STL companies almost breaking into the Fortune 500 list:
Arch Coal
Solutia
Enterprise

St. Louis today (2012) actually has more Fortune 500 companies today (2012) at 9 - except in 1999 - when Mercantile Bancorporation broke the 500 as #496 (that year STL had 11 Fortune 500 companies) and the last three years with Smurfitt (STL ranked at 10). Can you imagine if we had not lost others and gained. Well... this isn't exactly unique to STL - almost every city has seen the loss and gains in recent years.

As for how many STL Fortune 500 companies there have been overtime:

2001 (7 companies in the Metro):
Emerson
May
Anheuser Busch
Ralston
Graybar
Charter
TWA
------