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Contact: Alan Fogg, Director of Communications,
afogg@fceda.org, 703-790-0600 (o) or 571-213-5065 (m)
Six Fairfax County-based companies make 2006 Fortune 500 list
County beats Maryland, 25 other states for number of ranked firms
Fairfax County, Virginia USA, April 3, 2006 – Sprint Nextel heads a list of six Fairfax County-based companies on Fortune magazine’s 2006 list of the 500 largest publicly traded companies in America. The six are the same Fairfax County companies named to the Fortune list in 2005.
The companies from Fairfax County, minutes from Washington, D.C., are among 18 Fortune 500 companies from Virginia. Five companies from Maryland made the list, as did two from Washington, D.C. Fairfax County had more companies on the list than 26 states.
Fortune bases its rankings on annual revenue. The Fairfax County companies on the 2005 list, which is online at http://money.cnn.com/magazines/fortune/fortune500/index.html.
Exxon Mobil, which is based in Texas but runs downstream operations in Fairfax County, topped the Fortune 500 list.
“A world-class business center needs to be populated with world-class companies. Having six prestigious Fortune 500 companies based in Fairfax County tells the world the kind of economic center that Fairfax County has become and how important it is to Virginia and the Washington area,” said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority.
Business growth helps Fairfax County fund a top-ranked public school system and library, public safety, human services and park systems that improve the quality of life. Fairfax County offers diverse real estate options, access to domestic and international markets through Washington Dulles International Airport, a business community based on technology and professional services, and a well-educated workforce.
The Fairfax County Economic Development Authority (www.FairfaxCountyEDA.org)
promotes Fairfax County as a business and technology center. The FCEDA assists businesses by identifying possible sites and facilities, and provides demographic and economic statistics. The FCEDA’s Capital Attraction Program links technology entrepreneurs with potential investors, and another program supports the growth of small and minority-owned companies. The FCEDA maintains overseas offices in Bangalore, Frankfurt, London, Seoul and Tel Aviv.
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