Tuesday, April 22, 2008 9:09 AM
Sam Chapman
Texas Leads in Numbef of Fortune 500 Companies
Did you know that Texas is home to the headquarters of 58 Fortune 500 companies? We took the lead from New York, which has 52. Big business has been in Texas for a long time, with companies like Dell, Exxon and American Airlines, but more have moved here over the last few years. The reason is simple: cost savings. Texas is a less expensive state in which to live and do business than namy states, especially northern states. We also have a huge work force. In the Austin area, we have the fortune 500 companies Dell, Whole Foods and Temple-Inland.