International Steel Group ( ISG ) was an American steel company, headquartered in Cleveland , Ohio , which was established by the New York investment firm WL Ross & Co LLC to acquire the assets of bankrupt steel companies and combine them together in a new company.
6-537: In 2004, it was ranked #426 on the Fortune 500 list. International Steel Group was created in 2002, after the turn-around investment fund WL Ross & Co. LLC , purchased the LTV Steel (Ling-Temco-Vought) and Acme Steel corporations. The next year, it acquired what was left of the remaining assets of the dissolved Bethlehem Steel , formerly America's second-largest steel producer, without merging. In 2005, ISG
12-417: Is a stub . You can help Misplaced Pages by expanding it . Fortune 500 The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies , along with privately held companies for which revenues are publicly available. The concept of
18-549: The Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955. The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000 . The Fortune 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors , Jersey Standard , U.S. Steel , General Electric , Esmark , Chrysler , Armour , Gulf Oil , Mobil , and DuPont . The original Fortune 500
24-553: The change came 291 new entrants to the famous list including three in the Top 10. As of 2020, the Fortune 500 companies represent approximately two-thirds of the United States' gross domestic product with approximately $ 14.2 trillion in revenue, $ 1.2 trillion in profits, and $ 20.4 trillion in total market value. These revenue figures also account for approximately 18% of the gross world product . The companies collectively employ
30-432: Was acquired by Mittal Steel , which merged with Arcelor to become ArcelorMittal in 2006. The Luxembourg based ArcelorMittal is an integrated steel and mining multinational corporation , and is the world's largest steel producer as of 2014. This article about an industrial corporation or company is a stub . You can help Misplaced Pages by expanding it . This United States manufacturing company–related article
36-478: Was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, Fortune published companion " Fortune 50" lists of the 50 largest commercial banks (ranked by assets), utilities (ranked by assets), life insurance companies (ranked by assets), retailers (ranked by gross revenues) and transportation companies (ranked by revenues). Fortune magazine changed its methodology in 1994 to include service companies. With
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