DETROIT (WWJ) - The annual Fortune 500 ranking of America’s largest corporations is out, with Wal-Mart reclaiming the top spot with sales that rose to $444 billion.
General Motors slipped from fifth to seventh on the prestigious list. Ford dropped one place to tenth.
There are a total of 19 Michigan-based companies on the list:
7 General Motors Co., Detroit
10 Ford Motor Co., Dearborn
57 Dow Chemical Co., Midland
154 Whirlpool Corp., Benton Harbor
173 TRW Automotive Holdings Corp., Livonia
187 Lear Corp., Southfield
192 Kellogg Co., Battle Creek
203 Penske Automotive Group Inc., Bloomfield Hills
221 Ally Financial Inc., Detroit
299 DTE Energy Co., Detroit
305 Stryker Corp., Kalamazoo
317 Autoliv Inc., Auburn Hills
336 Masco Corp., Taylor
358 BorgWarner Inc., Auburn Hills
359 Visteon Corp., Van Buren Township
406 CMS Energy Corp., Jackson
443 Auto-Owners Insurance Co., Lansing
450 Con-way Inc., Ann Arbor
462 Kelly Services Inc., Troy
First published in 1955, the Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies incur. The list includes publicly and privately held companies for which revenues are publicly available.