The economy in South Florida has largely diversified with less emphasis on tourism, a number of companies are based in the area, many with connections to Latin America. Because of its proximity to Latin America, Miami & South Florida serves headquarters of Latin American operations for more than 1,100 multinational corporations that adds up to more than $221 billion in annual revenues., including AIG, American Airlines, Cisco, Disney, Exxon, Kraft Foods, Microsoft, Oracle, SBC Communications, Sony, Visa International, and Wal-Mart.
The following 5 companies are Fortune 500 companies based in the metropolitan area.
(Ranking. Company Name (City) Annual Revenues)
147. FPL Group (Juno Beach), $15.6 billion
192. Office Depot (Boca Raton), $12.1 billion
205. World Fuel Services (Miami), $11.3 billion
212. AutoNation (Fort Lauderdale), $11 billion
426. Ryder System (Miami), $5 billion
The following companies are major companies with regional HQ in the metropolitan area with a Latin American focus.
- Alcatel-Lucent (Miramar)
- Amcor PET Packaging Latin America (Miramar)
- American Airlines (Coral Gables)
- APL (Miami)
- Canon Latin America (Miami)
- Caterpillar Americas Services (Miami)
- Cisco Systems (Miami)
- DHL Global Forwarding Latin America (Plantation)
- Eastman Chemical Latin America, Inc. (Miami)
- Electrolux Home Products International (Miami)
- Gap International Sourcing (Americas) (Miami)
- H.I.G. Capital Management (Miami)
- Hewlett-Packard Latin America (Miami)
- Hilton International (Miami)
- Ingram Micro (Miami)
- Komatsu Latin America (Miami)
- Kraft Foods (Coral Gables)
- Marriott International (Weston)
- Microsoft Latin America (Ft. Lauderdale)
- Millicom (Tigo) (Coral Gables)
- Nokia Corp (Miami)
- Novartis Pharmaceuticals Corp. (Miami)
- Oracle Latin America (Miami)
- Paccar International, Latin America (Miami)
- SAP International (Miami)
- Schering-Plough Corporation (Miami Lakes)
- Tech Data (Miami)
- Unisys Corporation (Boca Raton)
- Visa International (Miami)
- Western Union Latin America (Hollywood)
The following are major companies with US/Americas HQ in the metropolitan area that also do business in the US.
- Bacardi U.S.A. (Coral Gables) - Bermuda
- Benetton USA Corp (Miami Beach) - Italy
- Central Concrete Supermix Inc. (Miami) - USA
- Club Med (Coral Gables) - France
- COTIA (USA) Ltd, Inc. (Miami) - Brazil
- Danone Americas (Coral Gables) - France
- EADS Socata North America, Inc. (Pembroke Pines) - France
- Ekman and Co. (Miami) - Sweden
- Embraer Aircraft Holding (Ft. Lauderdale) - Brazil
- Global Crossing USA (Miami) - USA
- Hellmann Worldwide Logistics, Inc. (Doral) - Germany
- Iberia Airlines of Spain (Miami) - Spain
- Itau Private Bank International (Miami) - Brazil
- MAPEI (Deerfield Beach) - Italy
- Marine Harvest Inc. (Miami) - Norway
- Martinair, the Americas (Doral) - Netherlands
- Nipro Medical Corporation (Miami) - Japan
- OHL USA (Davie) - Spain
- Odebrecht Construction, Inc. (Coral Gables) - Brazil
- Rinker Materials Corporation (West Palm Beach) - Mexico
- Simclar, Inc. (Hialeah) - UK
- South African Airways (Ft. Lauderdale) - South Africa
- TelefĂ³nica USA, Inc. (Miami) - Spain
- Teva Pharmaceutical (Miami) - Israel
- Turbana (Coral Gables) - Colombia
- VINCI (Miami) - France
- Wackenhut Corp (Palm Beach Gardens) - USA
- ZLB Plasma Services (Boca Raton) -
The following companies are the largest 20 local employers with a HQ in the metropolitan area.
1. American Airlines - 9,000
2. Precision Response Corporation - 5,000
3. Royal Caribbean - 4,000
4. Office Depot - 3,800
5. Carnival Corporation & plc - 3,500
6. Wackenhut Corp- 3,000
7. Motorola - 2,500
8. Assurant Solutions - 2,100
9. Burger King - 2,000
10. Pollo Tropical - 2,000
11. Beckman Coulter - 1,800
12. Cordis - 1,800
13. NCL Corp - 1,500
14. Spherion - 1,200
15. Interval Leisure Group - 1,130
16. Boston Scientific - Miami - 1,000
17. OHL USA - 1,000
18. Securitas Security Services USA - 1,000
19. UPS - 1,000
20. Ryder System - 994
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