LEADING CALIFORNIA COMPANIES 1987 : A ROSTER OF THE STATE’S LARGEST INDUSTRIAL, FINANCIAL, MERCHANDISING, TRANSPORTATION AND UTITLITY FIRMS : LOS ANGELES-BASED COMPANIES
More than half of California’s top companies are headquartered in Los Angeles and Orange counties. These companies are listed in all categories in the 1987 Roster: industrials; financial institutions, including banks, savings and loans and holding companies; insurance, including life and fire and casualty; merchandising firms; transportation firms; and utilities. They employ over 446,300 persons in California and 1.3 million persons worldwide.
The Los Angeles area is headquarters for 60% of the leading industrial firms. Sales figures for these top industrial firms total $109.56 billion. They employ 286,770 persons in the state and 978,210 worldwide.
Additional information on each company can be found in the Roster.
No. of Revenues Employees Industrial Firms Headquarters (millions) California Occidental Petroleum Corp. Los Angeles $15,344.1 900 Atlantic Richfield Co. Los Angeles 14,993.3 5,900 Lockheed Corp. Calabasas 10,273.0 52,900 Unocal Corp. Los Angeles 8,130.0 6,620 Northrop Corp. Los Angeles 5,608.4 35,300 Fluor Corp. Irvine 4,660.3 2,300 Litton Industries Inc. Beverly Hills 4,521.0 10,460 National Medical Enterprises Inc. Los Angeles 3,943.3 16,770 American Medical International Inc. Beverly Hills 3,468.2 8,380 Teledyne Inc. Los Angeles 3,241.4 13,000 Bergen Brunswig Corp. Orange 3,065.5 1,920 The Times Mirror Co. Los Angeles 2,948.1 11,470 Disney (Walt) Co, The Burbank 2,722.2 9,200 MCA INC. Universal City 2,441.4 6,380 Beverly Enterprises Pasadena 2,019.3 13,000 Castle & Cooke Inc. Los Angeles 1,737.9 5,600 Kaufman and Broad Inc. Los Angeles 1,137.7 600 Avery Pasadena 1,131.2 2,750 Rykoff-Sexton Inc. Los Angeles 1,081.5 2,000 Mattel Inc. Hawthorne 1,058.7 2,600 Computer Sciences Corp. El Segundo 977.7 4,000 Maxicare Health Plans Inc. Los Angeles 914.4 1,200 Tosco Corp. Santa Monica 780.3 890 Hilton Hotels Corp. Beverly Hills 740.4 6,200 Caesars World Inc. Los Angeles 694.4 50 Collins Foods International Inc. Los Angeles 653.2 5,700 CalMat Co. Los Angeles 619.0 2,670 Lorimar Telepictures Corp. Culver City 9-months 542.8 2,750 Summit Health Ltd. Los Angeles 508.9 6,000 Kaufman and Broad Home Corp. Los Angeles 491.2 360 First City Industries Inc. Beverly Hills 474.3 530 Ducommun Inc. Cypress 455.2 1,800 AFG Industries Orange 452.0 15 Smith International Inc. Newport Beach 415.2 830 Whittaker Corp. Los Angeles 399.1 2,000 Nu-Med Inc. Encino 374.3 2,500 MGM/UA Communications Co. Beverly Hills 355.4 750 Dataproducts Corp. Woodland Hills 350.8 1,200 Standard Brands Paint Co. Torrance 326.6 2,780 Ameron Inc. Monterey Park 314.7 1,250 Standard-Pacific Corp. Costa Mesa 310.6 230 Wyle Laboratories El Segundo 307.0 900 Wynn’s International Inc. Fullerton 306.1 210 Western Digital Corp. Irvine 300.3 1,490 Bell Industries Inc. Los Angeles 300.2 1,100 MAI Basic Four Inc. Tustin 287.9 1,050 Earle M. Jorgensen Co. Lynwood 285.2 460 Marshall Industries Inc. El Monte 276.1 370 Care Enterprises Laguna Hills 264.8 7,640 Kerr Glass Manufacturing Corp. Los Angeles 251.6 500 National Education Corp. Irvine 247.3 n.a. Tandon Corp. Chatsworth 242.8 650 Carl Karcher Enterprises Inc. Anaheim 9-months 240.8 10,500 Anthony Industries Inc. Commerce 231.8 120 Community Psychatric Centers Santa Ana 231.4 1,610 Cardis Corp. Beverly Hills est. 228.0 2,800 Sizzler Restaurants International Los Angeles 221.7 3,400 Aaron Spelling Productions Inc. W. Hollywood 221.5 800 Micro D Inc. Santa Ana 221.4 230 International Technology Corp. Torrance 215.8 1,370 Merchandising Firms The Wickes Cos., Inc. Santa Monica $4,770.0 n.a. Carter Hawley Hale Stores Inc. Los Angeles 4,089.8 28,600 The Federated Group Inc. Commerce 416.1 1,750 Arden Group Inc. Compton 398.8 2,230 Transportation Firms Tiger International Inc. Los Angeles $1,110.9 2,340 Transcon Inc. El Segundo 343.4 500 Utility Firms Pacific Lighting Corp. Los Angeles $5,346.8 23,990 Southern California Edison Co. Rosemead 5,311.7 16,640 Southern California Water Co. Los Angeles 73.7 370
No. of Employees Industrial Firms Total Pg. Occidental Petroleum Corp. 51,350 11 Atlantic Richfield Co. 26,600 11 Lockheed Corp. 96,900 11 Unocal Corp. 18,010 11 Northrop Corp. 46,800 11 Fluor Corp. 22,310 11 Litton Industries Inc. 55,500 11 National Medical Enterprises Inc. 83,000 11 American Medical International Inc. 45,150 12 Teledyne Inc. 44,800 12 Bergen Brunswig Corp. 4,550 12 The Times Mirror Co. 28,380 12 Disney (Walt) Co, The 32,000 12 MCA INC. 16,000 12 Beverly Enterprises 116,000 12 Castle & Cooke Inc. 35,000 12 Kaufman and Broad Inc. 2,480 12 Avery 11,160 13 Rykoff-Sexton Inc. 4,600 13 Mattel Inc. 15,000 13 Computer Sciences Corp. 17,200 13 Maxicare Health Plans Inc. 7,000 13 Tosco Corp. 890 13 Hilton Hotels Corp. 34,700 13 Caesars World Inc. 9,740 14 Collins Foods International Inc. 13,500 14 CalMat Co. 3,150 14 Lorimar Telepictures Corp. 3,600 14 Summit Health Ltd. 12,000 14 Kaufman and Broad Home Corp. 580 14 First City Industries Inc. 8,440 14 Ducommun Inc. 2,500 14 AFG Industries 4,200 15 Smith International Inc. 3,390 15 Whittaker Corp. 8,500 15 Nu-Med Inc. 5,500 15 MGM/UA Communications Co. 850 15 Dataproducts Corp. 4,200 15 Standard Brands Paint Co. 3,630 15 Ameron Inc. 2,900 15 Standard-Pacific Corp. 260 15 Wyle Laboratories 1,870 16 Wynn’s International Inc. 2,370 16 Western Digital Corp. 2,540 16 Bell Industries Inc. 1,900 16 MAI Basic Four Inc. 3,010 16 Earle M. Jorgensen Co. 1,620 16 Marshall Industries Inc. 1,070 16 Care Enterprises 11,100 16 Kerr Glass Manufacturing Corp. 2,800 16 National Education Corp. 4,200 16 Tandon Corp. 2,300 16 Carl Karcher Enterprises Inc. 11,900 16 Anthony Industries Inc. 2,400 17 Community Psychatric Centers 4,510 17 Cardis Corp. 3,000 17 Sizzler Restaurants International 7,500 17 Aaron Spelling Productions Inc. 800 17 Micro D Inc. 270 17 International Technology Corp. 2,730 17 Merchandising Firms The Wickes Cos., Inc. 67,380 27 Carter Hawley Hale Stores Inc. 56,000 27 The Federated Group Inc. 2,600 27 Arden Group Inc. 2,600 27 Transportation Firms Tiger International Inc. 6,060 30 Transcon Inc. 4,090 30 Utility Firms Pacific Lighting Corp. 26,570 28 Southern California Edison Co. 17,180 28 Southern California Water Co. 370 28
n.a.--not available est.--estimated figure *--employee figure same as parent holding company
No. of Assets Employees Banks Headquarters (millions) California Security Pacific National Bank Los Angeles $47,502.0 n.a. First Interstate Bank of California Los Angeles 22,465.8 11,960 Union Bank Los Angeles 9,519.4 4,540 City National Bank Beverly Hills 3,141.6 2,170 Imperial Bank Inglewood 2,367.5 * Mitsui Manufacturers Bank Los Angeles 1,848.0 940 The Mitsubishi Bank of California Los Angeles 1,361.9 780 Savings and Loans Home Savings of America Irwindale $27,422.6 6,750 Great Western Bank Beverly Hills 27,229.3 7,430 California Federal Savings and Loan Assn. Los Angeles 20,540.4 5,160 Glendale Federal Savings and Loan Assn. Glendale 17,451.6 2,510 Gibraltar Savings Beverly Hills 11,406.2 2,060 Columbia Savings & Loan Assn. Beverly Hills 10,222.7 840 Coast Savings and Loan Assn. Los Angeles 9,725.4 1,750 Sears Savings Bank Glendale 6,798.4 1,200 Holding Companies Security Pacific Corp. Los Angeles $62,606.0 n.a. First Interstate Bancorp. Los Angeles 55,421.7 16,000 Financial Corp. of America Irvine 33,953.0 5,770 Great Western Financial Corp. Beverly Hills 27,630.2 7,800 H.F. Ahmanson & Co. Los Angeles 27,592.3 7,370 CalFed Inc. Los Angeles 21,552.9 6,170 GLENFED Inc. Glendale 18,045.9 4,580 First Executive Corp. Los Angeles 14,384.2 800 Gibraltar Financial Corp. Beverly Hills 12,248.6 2,320 Farmers Group Inc. Los Angeles 10,153.7 6,170 Citadel Holding Corp. Glendale 3,270.0 720 City National Corp. Beverly Hills 3,141.6 2,180 Far West Financial Corp. Newport Beach 3,030.3 700 Imperial Bancorp. Inglewood 2,414.6 710 Life Insurance Executive Life Insurance Co. Los Angeles $13,420.2 800 Pacific Mutual Life Insurance Co. Newport Beach 5,515.5 2,100 Transamerica Occidental Life Insurance Co. Los Angeles 4,781.5 4,280 Transamerica Life Insurance & Annuity Co. Los Angeles 4,698.8 380 Fire and Casualty Insurance Farmers Insurance Exchange Los Angeles $6,956.9 1,840 Transamerica Insurance Co. Los Angeles 2,267.4 2,020 Argonaut Group Inc. Los Angeles 1,702.2 400
No. of Employees Banks Total Pg. Security Pacific National Bank n.a. 20 First Interstate Bank of California 12,410 21 Union Bank 4,540 21 City National Bank 2,180 21 Imperial Bank * 22 Mitsui Manufacturers Bank 940 22 The Mitsubishi Bank of California 780 22 Savings and Loans Home Savings of America 9,140 22 Great Western Bank 11,540 22 California Federal Savings and Loan Assn. 6,090 22 Glendale Federal Savings and Loan Assn. 3,800 22 Gibraltar Savings 2,140 22 Columbia Savings & Loan Assn. 840 22 Coast Savings and Loan Assn. 1,750 22 Sears Savings Bank 1,200 23 Holding Companies Security Pacific Corp. 35,100 23 First Interstate Bancorp. 35,410 23 Financial Corp. of America 5,780 24 Great Western Financial Corp. 11,910 24 H.F. Ahmanson & Co. 9,150 24 CalFed Inc. 7,090 24 GLENFED Inc. 6,320 24 First Executive Corp. 1,000 24 Gibraltar Financial Corp. 2,420 24 Farmers Group Inc. 15,510 24 Citadel Holding Corp. 720 24 City National Corp. 2,180 24 Far West Financial Corp. 750 24 Imperial Bancorp. 710 24 Life Insurance Executive Life Insurance Co. 1,000 26 Pacific Mutual Life Insurance Co. 2,130 26 Transamerica Occidental Life Insurance Co. 4,440 26 Transamerica Life Insurance & Annuity Co. 420 26 Fire and Casualty Insurance Farmers Insurance Exchange 5,340 26 Transamerica Insurance Co. 4,490 26 Argonaut Group Inc. 1,000 26
n.a.--not available est.--estimated figure *--employee figure same as parent holding company
To be included in The Times roster, companies must have their principal headquarters in California and, with the exception of certain financial institutions, their stock must be publicly held. Limited partnerships with publicly traded stock are included. The requirements eliminate many companies in the state generating billions of dollars in sales and profits, because their head offices are located outside California or because they are privately owned.
