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Four Hampton Roads companies make Fortune 500 list

Posted to: Business

Four companies headquartered in Hampton Roads made the 2011 Fortune 500 list released Thursday. Smithfield Foods Inc. ranked at No. 216 with $11.2 billion in annual revenue. The world's largest pork processor, based in Smithfield, was followed by railroad Norfolk Southern Corp. at 261st with $9.5 billion in revenue.

Dollar Tree Inc. and Amerigroup Corp. were ranked 390th and 396th, respectively. The Chesapeake-based retailer reported $5.88 billion in revenue to the Virginia Beach-based health insurer's $5.8 billion. Wal-Mart Stores topped the list with nearly $422 billion in annual revenue followed by Exxon Mobil with nearly $355 billion. Freddie Mac, the government mortgage company, topped Virginia companies and ranked 20th nationwide with $98.4 billion in revenue.

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Smithfield?

I didn't even know Smithfield was part of Hampton Roads.

The Census Bureau says it is.

Smithfield is in Isle of Wight county which is part of Hampton Roads MSA. MSA's are based on how inter-dependent the economies and travel patterns of localities in a given metro area are.

What about HII?

What about Huntington Ingals Industries (formerly NN Shipbuilding)? It's revenues ($6.7 Billion) are higher than Amerigroup and Dollar Tree.

What about HII?

What about Huntington Ingals Industries (formerly NN Shipbuilding)? It's revenues ($6.7 Billion) are higher than Amerigroup and Dollar Tree.

NN Shipbuilding

That company has its headquarters elsewhere.

Not true

Huntington Ingalls is headquartered in Newport News, making 5 Fortune 500 companies in Hampton Roads (next year).

Its HQ is in Newport News

Huntington Ingalls was spun off by Northrup Grumman this year. As lemapp stated, the F-500 list is for 2010, so Huntington Ingalls didn't make the cut. But it should be on the list next year, making it 5 F-500 companies in HR as long as other things don't change.

The listing is based on 2010

Even though it's the 2011 Fortune 500, it's based on data from 2010. The earliest that HI will appear on the list is 2012.

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