| |||||
| Decades: | |||||
|---|---|---|---|---|---|
| See also: | |||||
This article reviews 1999 in Michigan , including the state's office holders, largest public companies, performance of sports teams, a chronology of the state's top news and sports stories, and notable Michigan-related births and deaths.
In April 2000, the Detroit Free Press released its first annual "The Free Press 50" list of the largest Michigan-based public companies based on 1999 revenues. The top 20 companies are shown below. [1] Although it had substnatial operations in Michigan, Daimler-Chrysler was not included on the list because it was based in Germany. [1]
| Rank | Company | Headquarters | Business | 1999 revenue (in millions) | 1999 profit (in millions) |
|---|---|---|---|---|---|
| 1 | General Motors | Detroit | Autos | $176,558 | $6,002 |
| 2 | Ford Motor Company | Dearborn | Autos | $162,558 | $7,237 |
| 3 | KMart Holding Corp. | Troy | Retailer | $35,925 | $403 |
| 4 | Delphi Autmotive Systems | Troy | Auto supplier | $29,192 | $1,083 |
| 5 | Dow Chemical Company | Midland | Chemicals | $18,929 | $1,331 |
| 6 | Lear Corporation | Southfield | Auto supplier | $12,428 | $257 |
| 7 | Whirlpool Corporation | Benton Harbor | Appliances | $10,511 | $347 |
| 8 | Kellogg Co. | Battle Creek | Food | $6,984 | $338 |
| 9 | Federal-Mogul | Southfield | Auto supplier | $6,487 | $243 |
| 10 | Masco Corp. | Taylor | Building products | $6,307 | $569 |
| 11 | CMS Energy | Dearborn | Utility | $6,103 | $339 |
| 12 | DTE Energy | Detroit | Utility | $4,728 | $483 |
| 13 | Meritor Automotive Services | Troy | Auto supplier | $4,450 | $194 |
| 14 | Kelly Services | Troy | Staffing | $4,269 | $85 |
| 15 | Comerica | Detroit | Financial services | $3,389 | $673 |
| 16 | Pulte Corp. | Bloomfield Hills | Home builders | $3,730 | $178 |
| 17 | Steelcase | Grand Rapids | Office furniture | $3,316 | $184 |
| 18 | Borders Group | Ann Arbor | Books, music, video | $2,999 | $90 |
| 19 | American Axle | Detroit | Auto supplier | $2,953 | $115 |
| 20 | SPX Corporation | Muskegon | Machine tools | $2,712 | $101 |
