Jump to content

Pittsburgh home to new IPO!


PghUSA

Recommended Posts

Pittsburgh will be home to yet another public (stock-traded) company very soon, Koppers the once-great chemical concern still headquarted across from the U.S. Steel Tower, is coming back strong after a few decades of decline and being a subsidary of a British firm. The new symbol will be KOP, and my question is are they big enough to add to the Fortune 500 rankings for Pittsburgh? My gut says no, but that would be great if we could get an 8th company on that list, and with a Grant Street address no less!

http://www.bizjournals.com/pittsburgh/stor.../09/daily2.html

I am still waiting for the day Giant Eagle goes public . . . they are one of the largest private companies on earth and would make the Fortune 500 in a walk if they ever started selling stock. What many people forget about the Fortune 500 is that your metro might have a half dozen super large companies HQed in it, but if they are co-ops, private, NFP (like the state's largest native employer UPMC), or a LLC like most huge law firms, accounting firms, or ad agencies, they just don't count, no matter how much larger they are in revenue compared with #439 on the F500 list. Giant Eagle last time I checked would enter somewhere around #250 or so.

Link to comment
Share on other sites


  • Replies 0
  • Created
  • Last Reply

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.