Office of the Governor Rick Perry

In Case You Missed It: Texas Tops Fortune 1000 List

Tuesday, June 03, 2014  •  Austin, Texas  •  Press Release

Texas is home to 103 Fortune 1000 companies - more than any other state - in addition to 52 Fortune 500 companies, according to Fortune Magazine's 2014 rankings.

"Our commitment to keeping taxes low, regulations reasonable, courts fair and schools accountable has helped produce an economic climate where businesses of any size can grow and thrive," Gov. Perry said. "This is more evidence that the Texas way of doing business helps create jobs and opportunity for families."

Texas is the only state to have three of the top ten companies in the Fortune 500. Also, Fortune 500 companies headquartered in Texas produce more sales revenue and grow at a faster rate than those in any other state.

According to the Fortune report, Texas gained two Fortune 1000 companies from 2013, and remained steady in the Fortune 500 ranking. This includes high tech companies such as Texas Instruments and AT&T, as well as global leaders from a variety of industries, including manufacturing, energy and transportation.

Texas' economic climate, ranked the best in the nation by Chief Executive Magazine for 10 years running, continues to attract employers from across the country and around the world. Last month, Toyota announced it is moving its North American headquarters to Plano. Additionally, Prudential Financial announced it will create 300 jobs in El Paso. This influx of world-class employers to Texas means more jobs for Texans and a brighter economic future for generations to come.

For more information on the Fortune rankings as well as a full list of companies, please visit here

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