When you think of Fortune 500 companies and where they are located, Cincinnati OH should be near the top of your list. There are currently nine Fortune 500 companies that call Cincinnati home and have their headquarters in this vibrant city. Cincinnati is a great place to do business and the city supports a wide variety of industries. This business-friendly environment creates an energetic and dynamic economy and has resulted in strong growth.
Cincinnati has long been known for its advanced manufacturing industry and today also enjoys a wealth of other industries including financial services, life sciences, and energy. Companies looking to relocate or open distribution and industrial facilities should be sure to include Cincinnati on their short list.
The city is centrally located and provides access to major highways and shipping routes. With an impressive commercial real estate vacancy rate of just over 3%, Cincinnati is a favorite destination for some of the world’s biggest and most lucrative companies.
Look For The Best Companies
The greater Cincinnati area is home to nine of the nation’s largest companies. Near the top of the Fortune 500 list is Kroger Co. It hit the list at number 17, moving up three spots from last year.
Proctor & Gamble Co also made the top 50 on the Fortune 500 list coming in at number 34. Other Cincinnati companies that made the Fortune 500 were Macy’s Inc. at 103, Fifth Third Bancorp at number 376 and AK Steel Holding Corp at number 415. Fifth Third Bancorp moved up 32 spots and AK Steel Holding Corp moved up 40 spots.
American Financial Group made the list at number 421 moving up 38 spots. Ashland Inc. was listed at number 472, down 155 spots. Western & Southern Financial Group was listed at number 479 and Cincinnati Financial came in at number 499, up 25 spots.
As Cincinnati continues to offer a strong environment for business, Amazon just announced that it will relocate the hub for its Prime Air cargo to the Cincinnati area, you can know best seo information if you visit this site. This will create hundreds of new jobs.
Hiring Young Talent
Cincinnati companies are also attracting and hiring young talented people. These Millennial and Generation X workers are spurring dramatic development and growth both around and in the Downtown Cincinnati area.
As the number of Cincinnati companies grows, the city government is working hard at creating an attractive urban environment. New construction and development in the downtown and outer areas are designed to appeal to new and current residents alike.