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Beyond gateway: will San Diego County ever attract another Fortune 500 company?

Publication: San Diego Business Journal
Publication Date: 30-AUG-04
Format: Online - approximately 899 words
Delivery: Immediate Online Access
Full Article Title: Beyond gateway: will San Diego County ever attract another Fortune 500 company?(Gateway Inc.)

Article Excerpt
Manhattan it isn't. And it may not be a San Diego's destiny to be the next great center of corporate might.

Instead, the region may have to be content with its strong entrepreneurial bent. So say observers from both inside and outside the area.

San Diego County is about to lose one of its major corporate headquarters. As part of a major restructuring, computer maker Gateway Inc. will move from Poway to Irvine during Labor Day weekend.

For those who want metrics, the number of local Fortune 500 headquarters will decrease with Gateway's departure from four to three. Those remaining are utility Sempra Energy, defense contractor Science Applications International Corp., and wireless telecom supplier Qualcomm Inc.

By comparison, New York City is home to 40 companies on the Fortune 500, a list that Fortune...

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