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For Immediate Release
Alan Fogg,
Director of Communications
afogg@fceda.org, 703-790-0600 (o) or 571-213-5065 (m)
Fairfax County hits the jackpot
with seven Fortune 500 companies
Homebuilder NVR is newest addition to local list,
FCEDA says
Fairfax County, Virginia, April 1, 2003—Seven Fairfax County-based companies are on Fortune magazine’s 2003 list of the largest companies in America. Six county-based companies that made the annual list last year are back and joined by a leading homebuilder.
Rankings are based on company revenue. The list is in the April 14 issue of Fortune.
The seven Fairfax County companies, listed by place on the 2003 list, business interests, and 2002 rankings (in parentheses):
32. Freddie Mac, mortgage financing (41)
137. General Dynamics, defense contracting and aviation (166)
191. Capital One Financial, financial services (260)
216. Nextel Communications, mobile communications (252)
275. Gannett, publishing and television (287)
473. Sallie Mae, student loan financing (450)
482. NVR, homebuilding (new to Fortune 500)
“It is pretty impressive for one county to have seven companies on the Fortune list,” said Gerald L. Gordon, president and CEO of the Fairfax County Economic Development Authority (FCEDA). “We are proud to have these national corporate leaders here, and we are proud that the list illustrates the wide diversity of the county’s economic base and that this is a great place for any company to do business.”
ABOUT THE FCEDA
The Fairfax County Economic Development Authority (www.fairfaxcountyEDA.org) promotes Fairfax County, Virginia, as a business and technology center. The FCEDA offers a wide range of free services to help companies locate and expand in Fairfax County. The FCEDA has marketing offices in London, Frankfurt and Tokyo.
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