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2017 EDITION ANNUAL BUSINESS REPORT

IN TRAN SFORMED FO THER THE FUTURE IN THE LEADLETOADP 50 Acquisitio ns can really spik e revenue growth

TRANSFORMED FOR THE FUTURE In the Lead BY TERE SA F. LINDE PITTSB MAN URGH POST-G Toby Talb AZETTE He ot/Associated inz ketchup. Press Few things Acquisitio spike the re ns also were ye ot venue line li co a factor fo ar, even if, her business ke acquirin mpanies ra r some of the as in the case , but the new g an- nked high on other Fi of Buffalo, that Kraft be the revenu rst Niagara, N.Y.-based ba maneuver Co. execut rs, with Nort e change nu it was only nk with specia ed h Shore me m- a 0.1 percent By l gusto last ye Ma morial and Seventeen co increase. merging Pi ar. tthews Intern casket make mpanies saw ttsburgh’s H. ational’s 28 r the pr their revenu $10.92 J. Heinz Co seco .9 percent in evious year es drop from billion in 20 . and its nd-place rank crease and , with Montr 14 revenues ing as well the bo eal-based Bo Foods with Illinoi S&T Ba as Indiana, ttom of the li mbardier at Group in Ju s-based Kraf ncorp’s 22. Pa.-based st with a 9.6 ly 2015, the ne t 7 percent ga Judg percent decl jumped w global food tion, bo in and fourth ed only on to ine. to $18.34 bill company th made poss -place posi- tal revenue ion in revenu ible in part $18.17 bi figures, Bomb fiscal year es for the mo nesses. by buying ot llion ranked ardier’s Infrastructure — a 67.9 st rece her busi 12th, just percent in nt - Shee behind Kr top of th crease that pu Fifth r size is key aft Heinz. is year’s Post t it on the -place finish to dominatin -Gazette rank er Mylan saw list. Verizo g the total re on revenue ing of firm percent as its revenue n Commun venue change. s based it swallowed grow 22.1 ications was Abbott La billion, follo No. 1 with $1 If the gain specialty an boratories’ non wed by Siem 31.62 woudn’t have d branded ge -U.S. Co ens AG with on been quite fa nerics busi mcast with $85.14 billio a pro forma so impressi iled to compl ness, even as $74.51 billio n and basis — in ve ete a deal to it n. nu other words, buy Perrigo Sometimes mbers as if th running th Enamored Co. bigger isn’t e merger ha e of the techni considered be lier d taken plac hu que, Mylan , whic tter. — the spike e a year ea rried into an early this ye h ranks eigh does serve th r- other deal — ar $22. th in total re tion e purpose of If th this time to 53 billion, is venue with to what was calling atte at deal goes acquire Me in the proces a very big de n- through, th da. two — s of splittin It’s not al in the food do we e generic dru the better g itself in every day industry. ll on next ye g maker ma to be more ni that the make ar’s Top 50 y best pe mble and to & Chee r of Kraft Ma well. revenue chan rforming se allow its se gets in th caroni ge list as gments to sh e same kitc invest ine brighter hen with the Over ors. in front of maker of all, the majo Including TOP 50 • Friday, May 26 rity of comp duced an anies on the improvemen list pro- t in revenue Teresa F. over the prev Lindeman: tli 96 ious 41 ndeman@p IN THE LEAD 2-263-2018. ost-gazette.co 2016 m or POST-GAZETTE WWW.POST-GAZETTE.COM/ITL-2016

Published on Friday, May 26, In the Lead Advertising packages including premium, Publication date: will reach key business leaders and decision general and advertorial options for In the Friday, May 26, 2017 makers – with a total audience of more Lead are outlined below and on the back than 750,000. The focus will explore how of this sheet. infrastructure supports and drives the Product Specifications: Pittsburgh regional economy, plus the annual Space is limited – reserve now! Finished size: ranking and analysis of the performance of Ask for details. 10.5” x 11” magazine the region’s public companies. Printed on: 100# coated cover/35# text Ads: Full color/no bleeds ADVERTISING OPPORTUNITIES Distribution: Premium positions

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Top revenue IN A look at the Po st-Gazette To p 50 based on THE revenue for a Company company’s 2015 revenue most recentl Headquarters y reported 1. Verizon Communications (in millions) fiscal year. Company 2. Siemens NNeeww YYoLEorrkk AD 2015 revenue $131,620.0 AG 17. Headquarters Ger First Energy (in millions) 3. Comcast many $85,135.4 Company 18. Bank AkAkronron 2015 revenue 4. Toshiba Philadelphia of New York Mellon $15,026.0 Headquarters $74,510.0 Ne 34. (in millions) 19. Dominion Resources w York $15,025.0 5. $55,459.8 35. GNC PiPittsburghttsburgh 20. U.S. Richmond, Va. Holdings $2,647.2 6. FedEx Steel $11,683.0 Pittsburgh Corp. $50,650.6 Pittsburgh 36. EQT $2,639.2 Memphis 21. Mylan $11,574.0 7. Royal Philips $47,543.0 37. Pittsburgh Electronics 22. Netherlands Holdings $2,339.8 8. Alcoa Netherlands $9,429.3 Pittsburgh $26,508.3 Ger 38. Range Resources $1,626.9 Ne 23. Wesco Inter many $8,640.0 9. Emerson Electric w York $22,534.0 national 39. Matthe Fort Worth, Texas 24. Dick's Pittsburgh ws International $1,598.1 10. Eaton St. Louis Sporting Goods $7,518.5 Pittsburgh $22,304.0 40. First Niagara $1,426.1 Cle 25. AK Steel Findlay $7,271.0 11. veland $20,855.0 41. MSA Buffalo, N.Y 26. Citizens West Chester, Ohio Safety . $1,397.8 Pittsburgh/ $18,338.0 Financial Group $6,692.9 42. Cranber 27. Providence, Black Box ry $1,130.8 12. Bombardier Northfield, Ill. NiSource R.I. $4,824.0 43. Lawrence 28. Alleghen Merrillville, Ind. $992.4 13. Supervalu Montreal $18,172.0 y Technologies $4,651.8 Pittsburgh 44. Federated In Cecil $942.8 14. Ther Eden Prairie, Minn. 29. American Eagle $3,719.6 vestors mo $17,820.0 Outfitters 45. II-VI Pittsburgh 15. Waltham, Mass. 30. South Side $926.6 PPG Industries $16,965.4 $3,521.8 46. Saxonburg 31. Wilmerding FNB $742.0 16. PNC Financial Pittsburgh $15,330.0 TreeHouse Foods $3,308.0 Services Group 47. L.B. Foster Pittsburgh Pittsburgh 32. Joy Global Oak Brook, Ill. $660.6 $15,225.0 $3,206.4 48. Green Source: company 33. Milwauk Calgon Tree $624.5 reports ee $3,172.1 49. Rice Energ Moon Cecil $3,114.4 y $535.0 50. Northwest Bancorp Cecil $502.1 Warren $332.1 Post-Gazette Top change in re The Po venue st-Gazette To p 50 ranked accor TRANSFORMED FOR THE FUTURE ding to the big gest improvement Compan Revenue in revenue y based on a In the Lead Headquar change company’s most 1.Kraft Heinz ters (percent) recently reported Pittsburgh/Nor Company Revenue fiscal year. 2.Matthews thfield, Ill. Headquar change International 67.9 17. ters (per 3. FNB cent) Compan Rice Energy Pittsburgh 28.9 y Revenue 18. AmeriSer Pittsburgh Headquar change 4.S&T Bancorp Cecil v Financial 5.8 34. ters (per 28.4 19. Jo First Energy cent) 5. Koppers Holdings hnstown 4.7 Mylan Indiana 22.7 35. PPG Industries Akron 20. FedEx Corp. Pittsburgh -0.2 6. WesBanco Netherlands 4.6 36. MSA Pittsburgh 22.1 21. Nor Memphis Safety -0.2 7.Commercial Wheeling thwest Bancorp 4.1 19.0 37. PNC Financial Cranberry National 22. Supervalu Warren Services Group -0.3 Financial Latrobe 3.9 38. Bank Pittsburgh 17.7 23. Ve Eden Prairie, of New York -1.0 8. WVS Financial rizon Communications Minn. 3.9 Mellon 39. Citizens Financial New York 9. TreeHouse McCandless 24. AK Steel New York Group -2.7 Foods 15.7 3.6 40. Calg Providence, 25. L.B West Chester on Carbon R.I. -3.1 Infrastructure 10. Wabtec Oak Brook, Ill. . Foster , Ohio 2.9 8.8 41. Wesco Inter Moon 11. II-VI Wilmerding 26. Royal Philips Green Tree national -3.6 8.7 Electronics 2.9 42. EQT Pittsburgh 12. Comcast Saxonburg 27. First Commonw Netherlands -4.7 8.6 ealth Financial 2.3 43. Alcoa Pittsburgh 28. Black Indiana -5.3 13. Federated In Philadelphia Box 2.2 vestors 8.3 44. Siemens AG New York 14. American Pittsburgh 29. GNC Holdings Lawrence -5.7 Eagle Outfitters 7.8 2.1 45. Dominion Ger 30. Ansys Pittsburgh Resources many -5.8 15. Dick's Spor South Side 1.0 ting Goods 7.3 46. Kennametal Richmond, Va 16. 31. Bayer Cecil . -6.1 TriState Capital Findlay 6.7 0.7 47. Pittsburgh Holdings 32. Eaton -6.7 Pittsburgh Thermo Fisher Scientific Germany 0.7 Source: company 6.2 Wa 48. ExOne reports 33. First Niagara ltham, Mass. -7.5 0.4 49. Emerson North Huntingdon Buffalo, N.Y. Electric -8.1 0.1 50. Bombardier St. Louis Including TOP 50 • Friday, May 26 -9.1 Montreal -9.6 Post-Gazette

IN THE LEAD 2016 PITTSBURGH POST-GAZETTE WWW.POST-GAZETTE.COM/ITL-2016 97

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