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The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. [3] The company is headquartered in Hartsville, South Carolina, and is South Carolina's largest corporation in terms of sales. [4]
The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies. There are also corporations having foundation in the United States, such as corporate headquarters, operational headquarters and independent subsidiaries. The list excludes large privately held companies such as Cargill and Koch ...
The railroad eventually became part of the South Carolina Central Railroad, and the Southern Novelty Company and Carolina Fiber Company merged to form Sonoco Products Company. Sonoco eventually expanded to a global scale and became a Fortune 500 company.
The Fortune 500 list celebrates its 70-year anniversary in June 2024. Here are the top 10 companies from our 2023 list. Fortune 500 list: The top 10 companies dominating business
Charleston, South Carolina, USA - February 27, 2020: Exterior view of one Publix Super Markets. ... GOBankingRates first looked at all 288 2020 Fortune 500 companies with positive growth in jobs ...
The Fortune 500 is a list of the largest 500 companies in the United States ranked by total revenue. Since 1955, Fortune magazine has published the annual list, and it is considered one of the ...
The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955. [2] [3] The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000. [4]
In 2023, the Fortune 500 companies had their highest ever combined revenue of $18.1 trillion, with the top 10 firms earning over $3.7 trillion, or about 20% of the list’s total revenue.