The Largest Private Company in Every State

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Boston, Massachusetts
Source: Thinkstock

21. Massachusetts
> Largest private company: Liberty Mutual Holding Co., Inc.
> 2015 revenue: $41.5 billion
> Annual growth rate: 4.5%
> Headquarters: Boston

penske-vehicle-services
Source: penskevehicleservices.com

22. Michigan
> Largest private company: Penske Corporation
> 2015 revenue: $29.2 billion
> Annual growth rate: 11.1%
> Headquarters: Bloomfield Hills

wayzata-minnesota
Source: Wikimedia Commons

23. Minnesota
> Largest private company: Cargill, Incorporated
> 2015 revenue: $120.4 billion
> Annual growth rate: -7.8%
> Headquarters: Wayzata

Jackson Mississippi Skyline
Source: Thinkstock

24. Mississippi
> Largest private company: Ergon Inc.
> 2015 revenue: $4.5 billion
> Annual growth rate: 5.8%
> Headquarters: Jackson

Kansas City Skyline, Missouri
Source: Thinkstock

25. Missouri
> Largest private company: BCD Travel
> 2015 revenue: $23.8 billion
> Annual growth rate: 3.1%
> Headquarters: Kansas City