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This article reviews 2002 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.
The state's top sports stories included:
In April 2003, the Detroit Free Press released its annual "The Free Press 50" list of the largest Michigan-based public companies based on 2002 revenues. The top 20 companies are shown below. [1]
| Rank | Company | Headquarters | Business | 2003 revenue (in millions) | Rev. change from 2001 | 2003 profit (in millions) | Profit change from 2001 |
|---|---|---|---|---|---|---|---|
| 1 | General Motors | Detroit | Autos | $186,763 | 5.36% | 1,736 | 188.85% |
| 2 | Ford Motor Company | Dearborn | Autos | $163,420 | 1.18% | -$980 | 82.03% |
| 3 | KMart Holding Corp. | Troy | Retailer | $30,762 | -14.91% | -$3,219 | -31.60% |
| 4 | Dow Chemical Company | Midland | Chemicals | $27,609 | -1.66% | -$338 | 12.21% |
| 5 | Delphi Autmotive Systems | Troy | Auto supplier | $27,427 | 5.13% | $343 | - |
| 6 | Visteon Corp. | Dearborn | Auto supplier | $18,395 | 3.09% | -$352 | -198.31% |
| 7 | Lear Corporation | Southfield | Auto supplier | $14,424 | 5.87% | $13 | -50.57% |
| 8 | Whirlpool Corporation | Benton Harbor | Appliances | $11,016 | 6.51% | -$391 | -- |
| 9 | Masco Corp. | Taylor | Building products | $9,419 | 13.71% | $589 | +197.08% |
| 10 | CMS Energy | Dearborn | Utility | $8,687 | 7.74% | -$620 | -38.39% |
| 11 | Kellogg Co. | Battle Creek | Food | $8,304 | 10.01% | $720 | 52.22% |
| 12 | Pulte Corp. | Bloomfield Hills | Home builders | $7,471 | 38.64% | $453 | +50.52% |
| 13 | United Auto Group | Detroit | Auto franchise operator | $7,434 | 26.65% | $62 | 39.08% |
| 14 | Arvin Meritor | Troy | Auto supplier | $7,025 | 4.66% | $170 | $1,114% |
| 15 | DTE Energy | Detroit | Utility | $6,749 | 16.54% | 632 | 90.36% |
| 16 | Federal-Mogul | Southfield | Auto supplier | $5,422 | -0.63% | -$1,628 | -62.65% |
| 17 | Kelly Services | Troy | Staffing | $4,323 | 1.56% | $18 | 12.21% |
| 18 | Collins & Aikman | Troy | Auto supplier | $3,885 | 113.12% | -$53.50 | -15.80% |
| 19 | Comerica | Detroit | Financial services | $3,697 | -12.60% | $601 | -15.35% |
| 20 | Borders Group | Ann Arbor | Books, music, video | 3,486 | 2.90% | $111 | 27.80% |