RANKED WITHIN STATES
By

(FORTUNE Magazine) – The migration of America's industrial leaders to the South and West continues. Some are older companies, lured by cheap land, low taxes, good weather, and right-to-work laws. Others are newcomers, spawned by the breakneck growth of the computer business. This list tells you where they are headquartered -- and what their addresses and phone numbers are. What it won't tell you is that the venerable HQ carries a pittance of the economic oomph it once did. Says Carles Galloway of the relocation firm Maran Stahl & Boyer: ''Decision-making is increasingly being decentralized.'' GE's Fairfield, Connecticut, headquarters staff has been cut from 2,100 to 900 since 1981, even as sales more than doubled. If you visit, don't look for the payroll department: It's in Fort Myers, Florida.

BOX: MORE INFO

This year, for the first time ever, New York isn't the No. 1 state for 500 $ HQs. California rules. But L.A. is still no match for the Big Apple.

CHART: NOT AVAILABLE CREDIT: NO CREDIT CAPTION: WHERE THE HEADQUARTERS ARE THE FAVORITE CITIES THE 500 RANKED WITHIN STATES