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IBM, PepsiCo lead Hudson Valley companies on Fortune 500; Facebook debuts

IBM corporate headquarters is photographed on New Orchard

IBM corporate headquarters is photographed on New Orchard Road in Armonk. (Oct. 20, 2012) Photo Credit: Xavier Mascareñas

IBM Corp. and PepsiCo remained the Hudson Valley's leaders on the 2013 edition of the Fortune 500, a listing that ranks the country's largest enterprises.

Three of the four Hudson Valley companies lost ground in the latest standing based on 2012 revenue.

Armonk-based technology giant IBM posted revenue of $104.5 billion, a 2 percent decline, and dropped one spot, from 19 in 2012 to 20. Global soft drink and snack food maker PepsiCo, based in Purchase, fell two slots, from 41st to 43rd, as sales slid 1.5 percent.

Consumer products company Jarden Corp., based in Rye, reported revenue of $6.7 billion and fell 12 spots to No. 383 on the list.

Still, the maker of brands such as Mr. Coffee, First Alert, Sunbeam and Rawlings, had one of the hottest stocks among all 500 companies, returning 74.2 percent in 2012.

No. 2 credit-card processor MasterCard Inc., meanwhile, climbed 22 spots to 348 as the Purchase-based credit-card processor posted annual revenue of $7.4 billion and a profit of $2.8 billion that beat rival Visa's.

The overall No. 1 on the Fortune 500 was retail titan Wal-Mart. The Bentonville, Ark., company reported sales of $443.9 billion in 2012.

Other companies in the top 10 were: Exxon Mobil, Chevron, Phillips 66, Berkshire Hathaway, Apple, General Motors, Valero Energy and Ford.

Fortune 500 companies whose headquarters are in New York City, but that maintain major operations in the Hudson Valley include: drugmaker Pfizer, No. 48; financial services firm Morgan Stanley, No. 96, and utility company Consolidated Edison, No. 226.

Making its debut at No. 482 on the list was Facebook, whose chief executive, Mark Zuckerberg turns 29 on May 14. Zuckerberg was born in White Plains, reared in Dobbs Ferry and attended Ardsley High School.

The social networking company based in Menlo Park, Calif., passed Internet portal Yahoo, whose ranking fell from No. 483 in 2012 to 494.

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