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Michigan: Corporations

Fortune 1000 Rankings (2020) [1]

All Dollar Values are in USD Millions
Company globalEDGE
Industry 		Rank Revenue Profits Assets Market
Value 		City
TCF Financial open_in_new Financial Services 979 $2,052 $295 $46,651 $3,451 Detroit
Wolverine World Wide open_in_new Apparel and Textiles 928 $2,273 $128 $2,480 $1,232 Rockford
Herman Miller open_in_new Consumer Products 864 $2,567 $160 $1,569 $1,311 Zeeland
Visteon open_in_new Transport Manufacturing 794 $2,945 $70 $2,271 $1,344 Van Buren Township
Cooper-Standard Holdings open_in_new Transport Manufacturing 759 $3,108 $67 $2,635 $173 Novi
Garret Motion open_in_new Transport Manufacturing 739 $3,248 $313 $2,275 $214 Plymouth
WABCO Holdings open_in_new Transport Manufacturing 708 $3,421 $245 $4,037 $6,924 Auburn Hills
Steelcase open_in_new Mining, Minerals, Metals 706 $3,443 $126 $2,142 $1,156 Grand Rapids
Domino's Pizza open_in_new Food and Beverage 679 $3,618 $400 $1,382 $12,647 Ann Arbor
Meritor open_in_new Transport Manufacturing 609 $4,388 $291 $2,815 $979 Troy
UFP Industries open_in_new Industrial Manufacturing 606 $4,416 $179 $1,889 $2,296 Grand Rapids
Kelly Services open_in_new Business Services 521 $5,355 $112 $2,480 $496 Troy
American Axle & Manufacturing open_in_new Transport Manufacturing 460 $6,530 ($484) $6,644 $408 Detroit
CMS Energy open_in_new Energy 443 $6,845 $680 $26,837 $16,697 Jackson
Masco open_in_new Construction 384 $8,235 $935 $5,027 $9,118 Livonia
SpartanNash open_in_new Retail 370 $8,536 $5 $2,275 $520 Byron Center
Autoliv open_in_new Transport Manufacturing 369 $8,547 $461 $6,771 $4,017 Auburn Hills
Auto-Owners Insurance open_in_new Financial Services 320 $10,007 $1,352 $27,134 - Lansing
BorgWarner open_in_new Transport Manufacturing 312 $10,168 $746 $9,702 $5,037 Auburn Hills
Ally Financial open_in_new Financial Services 273 $11,618 $1,715 $180,644 $5,402 Detroit
DTE Energy open_in_new Energy 253 $12,669 $1,169 $41,882 $18,289 Detroit
Kellogg open_in_new Food and Beverage 237 $13,578 $960 $17,564 $19,812 Battle Creek
Stryker open_in_new Healthcare 214 $14,884 $2,083 $30,167 $92,148 Kalamazoo
Lear open_in_new Transport Manufacturing 166 $19,810 $753 $12,680 $10,058 Southfield
Whirlpool open_in_new Consumer Products 162 $20,419 $1,184 $18,881 $12,242 Benton Harbor
Penske Automotive Group open_in_new Retail 136 $23,179 $435 $13,942 $5,287 Bloomfield Hills
Dow open_in_new Chemicals 78 $42,951 ($1,359) $60,524 $30,430 Midland
General Motors open_in_new Transport Manufacturing 18 $137,237 $6,732 $228,037 $79,953 Detroit
Ford Motor open_in_new Transport Manufacturing 12 $155,900 $47 $258,537 $26,297 Dearborn
TCF Financial open_in_new Financial Services 979 $2,053 $296 $46,652 $3,451 Detroit
Wolverine World Wide open_in_new Apparel and Textiles 928 $2,274 $129 $2,480 $1,232 Rockford
Herman Miller open_in_new Consumer Products 864 $2,567 $161 $1,569 $1,311 Zeeland
Visteon open_in_new Transport Manufacturing 794 $2,945 $70 $2,271 $1,344 Van Buren Township
Cooper-Standard Holdings open_in_new Transport Manufacturing 759 $3,108 $68 $2,636 $173 Novi
Garret Motion open_in_new Transport Manufacturing 739 $3,248 $313 $2,275 $214 Plymouth
WABCO Holdings open_in_new Transport Manufacturing 708 $3,421 $246 $4,037 $6,924 Auburn Hills
Steelcase open_in_new Mining, Minerals, Metals 706 $3,443 $126 $2,142 $1,157 Grand Rapids
Domino's Pizza open_in_new Food and Beverage 679 $3,619 $401 $1,382 $12,647 Ann Arbor
Meritor open_in_new Transport Manufacturing 609 $4,388 $291 $2,815 $979 Troy
UFP Industries open_in_new Industrial Manufacturing 606 $4,416 $180 $1,890 $2,297 Grand Rapids
Kelly Services open_in_new Business Services 521 $5,356 $112 $2,481 $496 Troy
American Axle & Manufacturing open_in_new Transport Manufacturing 460 $6,531 ($485) $6,645 $408 Detroit
CMS Energy open_in_new Energy 443 $6,845 $680 $26,837 $16,697 Jackson
Masco open_in_new Construction 384 $8,235 $935 $5,027 $9,118 Livonia
SpartanNash open_in_new Retail 370 $8,536 $6 $2,276 $521 Byron Center
Autoliv open_in_new Transport Manufacturing 369 $8,548 $462 $6,771 $4,017 Auburn Hills
Auto-Owners Insurance open_in_new Financial Services 320 $10,007 $1,352 $27,135 - Lansing
BorgWarner open_in_new Transport Manufacturing 312 $10,168 $746 $9,702 $5,037 Auburn Hills
Ally Financial open_in_new Financial Services 273 $11,618 $1,715 $180,644 $5,403 Detroit
DTE Energy open_in_new Energy 253 $12,669 $1,169 $41,882 $18,290 Detroit
Kellogg open_in_new Food and Beverage 237 $13,578 $960 $17,564 $19,812 Battle Creek
Stryker open_in_new Healthcare 214 $14,884 $2,083 $30,167 $92,148 Kalamazoo
Lear open_in_new Transport Manufacturing 166 $19,810 $754 $12,681 $10,058 Southfield
Whirlpool open_in_new Consumer Products 162 $20,419 $1,184 $18,881 $12,242 Benton Harbor
Penske Automotive Group open_in_new Retail 136 $23,179 $436 $13,943 $5,287 Bloomfield Hills
Dow open_in_new Chemicals 78 $42,951 ($1,359) $60,524 $30,430 Midland
General Motors open_in_new Transport Manufacturing 18 $137,237 $6,732 $228,037 $79,953 Detroit
Ford Motor open_in_new Transport Manufacturing 12 $155,900 $47 $258,537 $26,297 Dearborn

Largest Private Companies (2020) [2]

Company Rank Revenue (USD) City
Meijer 18 $18,100,000,000 Grand Rapids
Gordon Food Service 20 $15,500,000,000 Grand Rapids
Amway 49 $8,400,000,000 Ada
Plastipak Holdings 147 $3,100,000,000 Plymouth
Haworth 203 $2,300,000,000 Holland

Tax Rate (2021) [3]

Corporate Marginal Income Tax Rate 6.0% > $0
Individual Income Tax Rate 4.25% > $0
Sales Tax Rate 6% - Ranked: 17/50

Business Tax Climate Index Rankings (2021) [3]

Better
Worse

Sources:

  1. Fortune 1000 (2017) (Date Accessed: 12/1/2017)
  2. Forbes (2017) (Date Accessed: 12/1/2017)
  3. Tax Foundation (2018) (Date Accessed: 5/6/2018)