America’s Largest Private Companies Monday, Jun 22 2009 

Rank Company State Industry Revenue ($bil) Employees
1 Cargill MN Farm Products 110.63 e 152,600
2 Koch Industries KS Chemicals – Major Diversified 98.00 e 80,000
3 Chrysler MI Auto Manufacturers – Major 59.70 e 66,409
4 GMAC Financial Services MI Financial Services 31.49 26,700
5 PricewaterhouseCoopers NY Business Services 28.19 154,000
6 Mars VA Confectioners 27.40 1 64,400
7 Bechtel CA Heavy Construction 27.00 42,500
8 HCA TN Hospitals 26.86 180,000
9 Ernst & Young NY Business Services 24.52 135,730
10 Publix Super Markets FL Grocery Stores 23.19 145,000
11 US Foodservice IL Food – Major Diversified 20.16 27,091
12 C&S Wholesale Grocers NH Food Wholesale 19.45 17,100
13 HE Butt Grocery TX Grocery Stores 15.50 2 70,000
14 Fidelity Investments MA Asset Management 14.90 44,000
15 Cox Enterprises GA Entertainment – Diversified 14.59 79,660
16 Flying J UT Oil & Gas Refining & Marketing 14.32 15,900
17 Toys “R” Us NJ Toy & Hobby Stores 13.79 70,000
18 Meijer MI Grocery Stores 13.65 e 68,800
19 Platinum Equity CA Conglomerates 13.50 2 50,000
20 Aramark PA Business Services 13.20 e 250,000
21 Enterprise Rent-A-Car MO Rental & Leasing Services 13.10 2 78,000
22 TransMontaigne CO Oil & Gas Pipelines 12.25 e 730
23 JM Family Enterprises FL Auto Manufacturers – Major 12.20 4,700
24 Tenaska Energy NE Diversified Utilities 11.60 624
25 Love’s Travel Stops OK Lodging 11.46 5,900

Chrysler to close 25% of dealers Thursday, May 14 2009 

US carmaker Chrysler has told a bankruptcy court that it plans to close about one quarter of its dealerships.Chrysler said it wants to shut down 789 out of its current 3,200 dealers.Chrysler filed for bankruptcy protection in April, allowing it to carry on trading while protected from its creditors.At the time, it warned some dealerships would close. A spokeswoman said the company would be notifying its dealers before commenting publicly.The carmaker said the sales at many of its dealers were too low.Just over half of the dealers account for about 90% of the company’s US sales, it  added.

In or out'” In addition, as suburbs grew and the modern interstate system continued to evolve, long-standing dealerships no longer were in the best or growing locations,” the company said in its filing.”Many rural locations also served a diminishing population of potential consumers. Some dealership facilities became outdated. Other locations faced declining traffic count and declining populations.” As a result, the troubled car maker has written to those dealers it wants to close down.

“It just says whether you’re in or out,” said Anthony Viviano, president of the Detroit Dodge dealers association.”Some of my fellow dealers have already called and said they’re out. They got the poison letter.”Chrysler has been hit hard by a slump in sales during the economic downturn and has taken billions of dollars in aid from the US government.This was not enough, however, to prevent the company from filing for bankruptcy protection last month.It is currently in discussions with Italian carmaker Fiat in an attempt to secure its survival.Car dealers from both GM and Chrysler are in Washington trying  to lobby Congress to help preserve their jobs.