Jun 14, 2023 - Business

2 Louisiana companies made it to Fortune 500 this year

Illustration: Lazaro Gamio/Axios

Two Louisiana companies made it to the Fortune 500 this year, and a third came in close on the Fortune 1000.

  • The lists rank the biggest U.S. companies by revenue.

Driving the news: These are the Louisiana companies on the lists.

  • Lumen Technologies (No. 237) is a telecommunications company based in Monroe.
  • Entergy (No. 302) is a power utility based in New Orleans.
  • Pool Corp. (No. 566) is a distributor of swimming pool supplies, equipment and outdoor products. It's headquartered in Covington.

Why it matters: Being home to Fortune 500 companies is a bragging point for any city, as Axios' Katie Soloff notes. These corporations employ thousands of people throughout the region and play a prominent role in shaping how the city operates and how it grows.

  • Walmart, headquartered in our neighboring state of Arkansas, is No. 1 on the list. Arkansas had five more in the Fortune 1000.
  • Texas had 109 in the top 1000, while Alabama had three, and Mississippi had none.
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