Wisconsin has fewer companies on Fortune 500, 1000 lists this year

Fiserv Inc. corporate headquarters in Brookfield
Fiserv Inc. corporate headquarters in Brookfield

Last updated on May 20th, 2020 at 12:05 pm

Wisconsin has 8 companies on the Fortune 500 list and 23 on the Fortune 1000 list for 2020, down from 9 on the Fortune 500 and 25 on the Fortune 1000 in 2019.

Fortune magazine on Monday released its annual list of the largest American companies, ranked based on revenues.

Milwaukee-based Harley-Davidson slipped from #492 on the list in 2019 to #519 this year, which resulted in Wisconsin’s Fortune 500 count falling from 9 last year to 8 in 2020.

Zurich, Switzerland-based Amcor Ltd.’s acquisition of Neenah-based Bemis Co. Inc. removed one of Wisconsin’s Fortune 1000 companies from the list. Bemis ranked #618 last year.

Gardner Denver last year agreed to combine operations with Ingersoll Rand’s industrial segment, and move the headquarters to Davidson, North Carolina, costing the state another Fortune 1000 entry. Gardner Denver, which had been based in Milwaukee, ranked #822 on the Fortune 1000 last year.

Of the Wisconsin companies on the Fortune 1000 list this year, Brookfield-based Fiserv made the biggest move, jumping from #488 in 2019 to #311 in 2020. The company’s leap was due to its acquisition of New York-based First Data in a $22 billion all-stock deal.

Here’s the complete list of Wisconsin’s Fortune 1000 companies for 2020, ranked by annual revenue, with 2019 rank in parentheses:

  • 102. Northwestern Mutual Life Insurance Co., Milwaukee, $32.3 billion, (111)
  • 158. ManpowerGroup, Milwaukee, $20.9 billion, (141)
  • 165. Kohl’s Corp., Menomonee Falls, $20 billion, (156)
  • 254. American Family Insurance Group, Madison, $12.6 billion, (306)
  • 311. Fiserv, Brookfield, $10.2 billion, (488)
  • 377. Oshkosh Corp., Oshkosh, $8.4 billion, (395)
  • 416. WEC Energy Group, Milwaukee, $7.5 billion, (398)
  • 452. Rockwell Automation Inc., Milwaukee, $6.7 billion, (452)
  • 519. Harley-Davidson Inc., Milwaukee, $5.4 billion, (492)
  • 571. Schneider National Inc., Green Bay, $4.7 billion, (542)
  • 629. Spectrum Brands Holdings, Middleton, $4.1 billion, (505)
  • 630. Quad/Graphics Inc., Sussex, $4.1 billion, (608)
  • 632. CUNA Mutual Group, Madison, $4.1 billion, (662)
  • 637. Snap-On Inc., Kenosha, $4.1 billion, (619)
  • 670. Sentry Insurance Group, Stevens Point, $3.7 billion, (685)
  • 675. Alliant Energy Corp., Madison, $3.6 billion, (680)
  • 741. Regal Beloit Corp., Beloit, $3.2 billion, (670)
  • 750. Plexus Corp., Neenah, $3.2 billion, (784)
  • 785. A.O. Smith Corp., Milwaukee, $3 billion, (731)
  • 892. REV Group, Milwaukee, $2.4 billion, (883)
  • 943. Modine Manufacturing Co., Racine, $2.2 billion, (958)
  • 946. Generac Holdings Inc., Waukesha, $2.2 billion, (979)
  • 952. Rexnord Corp., Milwaukee, $2.2 billion, (970)

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Andrew Weiland
Andrew Weiland is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, Weiland is a lifelong resident of the state. He lives in Muskego with his wife, Seng, and son, Zachary. He is an avid sports fan and enjoys coaching his son’s youth baseball and basketball teams.