April 15 2021
Regional/County Profiles

These Are the Capital Region’s Fortune 500 Companies

Recent years have seen several Fortune 500 companies enter or expand their presence in the Capital Region market, either through acquisitions (BD, Fluor, Activision, Arthur J. Gallagher & Co.) or new developments (Applied Materials, Amazon).

Here is a list of 29 Fortune 500 companies with significant ties1 to the Capital Region’s economy.

Fortune Rank

Company

Local Connection

2

Opened a $100 million, 1-million-square-foot in Schodack and a last-mile delivery center in Colonie in 2020

25

Has a large presence in the region

29

Owns Empire BlueCross, which in 2020 completed a $25 million, 150,000-square-foot office complex in Latham

33

GE Power is headquartered in Schenectady, GE Healthcare in Rensselaer and GE Research in Niskayuna

37

In 1998, opened a Wilton distribution center that is 1.5 million square feet

38

Has been an investor of the Center for Semiconductor Research at SUNY Polytechnic Institute’s Albany NanoTech Complex since its inception in 2005, and in 2019 opened the IBM Research AI Hardware Center, also at Albany NanoTech.

43

Distribution center in Latham

47

In 2012, opened a $65 million, 260,000-square-foot distribution center in East Greenbush

51

Has a bottling facility on Latham

60

Goldman Sachs Ayco Personal Financial Management developed a new  $55.million, 150,000-square-foot headquarters in Latham

73

Sizable office in Latham

103

3M Health Information Systems (formerly Treo Solutions) in Troy

116

Clifton Park distribution center

128

Commercial real estate office in Albany

158

Staffing service in Albany

181

Operates the Naval Nuclear Laboratory, which includes the Knolls Atomic Power Laboratory in Niskayuna and Kenneth A. Kesselring Site in West Milton

187

Owns a catheter production facility in Glens Falls (formerly C.R. Bard)

218

In 2019, opened the Materials Engineering Technology Accelerator (META Center) at SUNY Polytechnic Institute

267

Owns the 1,250-acre Selkirk Yard

331

Has had a long R&D presence at SUNY Polytechnic’s Albany NanoTech Complex

355

Operates an industrial gas production facility in Glenmont

395

Has a large presence in the region

405

Has 950,000 square feet of office, lab and manufacturing space in Rensselaer County

411

Has a large presence in the region

429

Has a Latham office and in 2020 acquired the Cool Insuring Agency in Latham and Queensbury

431

Operates a fiberglass insulation manufacturing facility in Feura Bush

438

Has a large presence in the region

463

Owns the region’s largest game development studio, Vicarious Visions, in Colonie

 

Notes

1 Excludes Fortune 500 companies with basic retail/services operations in the eight-county region.

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