Most of
the companies in the Fortune 100 in 1970 were still manufacturing and oil
companies. Auto companies were screwing up with muscle cars and forgot to
attend to increasing gas mileage and fixing quality problems. But GM had
increased its revenue from $11 billion to $24 billion.
Most
products were made in the US by US citizen workers and these products were
mostly sold in the US to US consumers. These are the jobs we are attempting to
bring back to the US.
Shoe
manufacturing was off-shored in the 1970s.
The
revenues reported below demonstrate how inflation in the 1960s doubled revenues.
GM revenue was $11 billion was the annual revenue of the biggest company on the
list.
Fortune
100 Revenues in 1970 ranged from $1.15B to $24.30B. This is more than double
the revenues reported in 1960.
General
Motors $24.30B
Exxon
Mobil $14.93B
Ford
Motor $14.76B
General
Electric $8.45B
IBM
$7.20B
Chrysler
$7.05B
Mobil
$6.62B
Texaco
$5.87B
ITT
$5.475B
Gulf Oil
$4.95B
AT&T
$4.88B
US Steel
$4.75B
Chevron
Texaco $3.83B
LTV
$3.75B
DuPont
$3.66B
Shell Oil
$3.54B
CBS
$3.51B
Amoco
$3.47B
GT&E
$3.26B
Goodyear
$3.22B
RCA
$3.19B
Esmark
$3.11B
McDonnell
Douglas $3.02B
Union
Carbide $2.93B
Bethlehem
Steel $2.93B
Boeing
$2.83B
Eastman
Kodak $2.75B
Proctor
& Gamble $2.71B
Atlantic
Richfield $2.69B
Rockwell
Automation $2.67B
Navistar
Intl. $2.65B
Kraft
$2.58B
General
Dynamics $2.51B
Tenneco
Automotive $2.45B
Conoco
$2.40B
United
Technologies $2.35B
Firestone
$2.28B
ConocoPhillips
$2.20B
Litton
Industries $2.18B
Armour
$2.15B
Lockheed
Martin $2.07B
Caterpillar
$2.00B
Monsanto
$1.94B
Occidental
Petroleum $1.94B
Singer
$1.90B
General
Foods $1.89B
Sunoco
$1.84B
Rapid
American $1.83B
Dow
Chemical $1.80B
Sealed
Air $1.80B
Continental
Group $1.78B
International
Paper $1.78B
Burlington
$1.74B
Borden
Chemical $1.74B
OfficeMax
$1.73B
American
Can $1.72B
Textron
$1.61B
Unocal
$1.66B
3M 1.61B
Sperry
$1.61B
TRW
$1.58B
Nabisco
$1.57B
ARMCO
$1.57B
Gulf
& Western $1.56B
Citgo
Petroleum $1.56B
Uniroyal
$1.55B
Alcoa
$1.55B
Sara Lee
$1.51B
Republic
Steel $1.50B
Chiquita
Brands $1.50B
Xerox
$1.48B
Bendix
$1.47B
Champion
$1.46B
Signal
Companies $1.43B
Honeywell
$1.43B
Anaconda
$1.41B
FMC
$1.41B
Ralston
Purina $1.39B
Coca-Cola
$1.37B
Fortune
Brands $1.36B
Honeywell
International $1.32B
American
Standard $1.31B
Beatrice
$1.30B
Teledyne
$1.29B
Owens-Illinois
$1.29B
Raytheon
$1.29B
NCR
$1.25B
Celanese
$1.25B
Weyerhaeuser
$1.24B
Goodrich
$1.23B
National
Intergroup $1.23B
Bestfoods
$1.22B
Ryerson
Tull $1.22B
Wyeth
$1.19B
Genesco
$1.19B
Grumman
$1.18B
BP
America $1.16B
Georgia
Pacific $1.16B
Olin
$1.16B
Whirlpool
$1.15B
Norb
Leahy, Dunwoody GA Tea Party Leader
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