Texas is a great place to do business, and it's no wonder why so many companies have chosen to make it their home. With massive infrastructure, a skilled workforce, low tax burdens and strong business incentives, the Texas business climate is truly second to none. The state is home to 54 Fortune 500 companies, making it the leader in the number of headquartered Fortune 500 companies. In this article, we'll take a look at the largest companies in Texas, ranked from most current employees to least current employees.
We'll also discuss the products and services offered by each company, as well as their impact on the state's economy. At the top of the list is Foxconn Assembly LLC, based in Houston. This company provides solutions to oil and natural gas companies around the world to help them achieve greater efficiency and cost savings. It also manufactures digital solutions for the energy industry.
Next up is Pizza Hut, based in Plano. This popular restaurant chain offers a variety of pizza options, as well as other menu items such as salads, sandwiches and desserts. Third on the list is AT&T Inc., based in Dallas. This multinational telecommunications service provider offers wired and wireless voice and data services, broadband Internet, TV and messaging, as well as many of the leading innovative devices.
Fourth on the list is Halliburton Company, based in Houston. This company provides professional and technical solutions for engineering, procurement and construction projects around the world. Fifth on the list is Texas Instruments, based in Dallas. This global semiconductor company designs, manufactures and sells processing chips. Sixth on the list is Waste Management, based in Houston.
This company offers comprehensive waste management services, including garbage collection and recycling, construction waste disposal, and more. Seventh on the list is Fluor Corporation, based in Irving. This company provides professional and technical solutions for engineering, procurement and construction projects around the world. Eighth on the list is Plains GP Holdings LP, based in Houston. This company holds a non-economic controlling general partner interest in Plains All American Pipeline, which is one of the largest infrastructure and logistics companies in North America. It's clear why so many businesses move to Texas With massive infrastructure, a skilled Texas workforce, low tax burdens and strong business incentives, the Texas business climate is truly second to none. The Fortune 500 list is an annual list of 500 of the largest companies in the United States based on revenue for the corresponding fiscal year.
Of course, there are thousands of other companies that employ millions of people across the state.