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Dallas business stories · Series introduction

Beyond the Fortune 500: the Dallas companies you drive past every day

Most Americans don't work for a household name. They work for companies that aren't hidden, just not publicized. A new series tells their stories, in the owners' own words.

By Miguel GutierrezCo-founder, Peekgentic · Dallas
· 4 min read
Two people reviewing a printed document at an office desk
Most of America works at companies like these: busy, specific and almost never in the news.Photo: ThisisEngineering / Unsplash

In brief

The Fortune 500 gets the headlines, but most of America's businesses, and a huge share of its jobs, are the small and mid-size companies most people never hear about. They make things, keep people for years, and pass the work down through families. This series, written by an SMU student, tells their stories in the owners' own words, with their permission.

  • The Fortune 500 employs about 31 million people worldwide; the U.S. middle market alone accounts for about a third of private-sector jobs.
  • Small businesses are 99.9% of U.S. firms and employ 44.4% of Texas workers.
  • Dallas-Fort Worth is full of companies with 50- to 150-year histories that just never make the news.
  • This series tells their stories in the owners' own words, with their permission. The first ones are on the way.

Drive down almost any road in Dallas-Fort Worth and you pass them without a second look. A metal building with a gravel lot. A loading dock. A sign with a family name on it. Inside, people are cutting steel, bottling honey, building trailers, filling orders that ship to all fifty states. Most of us couldn't tell you what any of those companies make, or who started them.

That isn't because they are hiding. It's because nobody tells their story. The business news is about the biggest names. These companies are busy doing the work.

The names we know, and the ones we don't

The Fortune 500 is a list of the 500 largest American companies by revenue. Together they employ about 31 million people worldwide, according to Fortune's 2025 edition. That is a lot of people. It is also a small slice of how America actually works.

By the numbers

WhoHow manySource
Fortune 500 employees (worldwide)About 31 millionFortune, 2025
U.S. middle-market companies ($10 million to $1 billion in revenue)About 200,000 companies (about 3% of U.S. businesses) accounting for roughly a third of private-sector GDP and jobsNational Center for the Middle Market
Small businesses (under 500 employees) as a share of all U.S. firms99.9%SBA Office of Advocacy, 2024
Net new jobs, 1995 to mid-2023Small businesses 20.2 million; large businesses 12.8 millionSBA Office of Advocacy, 2024
Small businesses in TexasAbout 3.5 million, employing 44.4% of Texas workersSBA Texas profile, 2025

Put simply: about 3% of companies, the middle market, carry roughly a third of the private economy and its jobs, and almost every business in the country is a small one. In Texas, close to half of all workers have a small-business paycheck.

Not hidden, just not publicized

A few minutes on the websites of companies around Dallas-Fort Worth turns up history most people have never heard:

  • Pendery's traces back to 1870, when DeWitt Clinton Pendery arrived in Fort Worth. The family is widely (though not exclusively) credited with inventing chili powder, and it is run today by the fifth generation of the family.
  • Burleson's Honey started in T.W. Burleson's home in Waxahachie in 1907 and opened the first commercial honey bottling plant in Texas in 1929.
  • M.L. Leddy's began when M.L. Leddy bought the saddle and boot shop he worked in, in 1922, and opened in the Fort Worth Stockyards in 1941. A grandson carried on the family ownership.
  • Daniel Steel has fabricated reinforcing steel in the Dallas area since November 1970 and calls itself the oldest privately owned company of its kind in the metro.
  • Astro Sheet Metal was founded in Irving in 1967 and has been handed down from grandfather to father to son.

None of this is secret. It's on their own websites. It just never makes the news.

These companies aren't hiding. Nobody is telling their story.

Places people stay

One thing shows up again and again in these companies: people stay. In manufacturing, the typical worker has been with their employer about 4.9 years, among the longest of any major private-sector industry in the Bureau of Labor Statistics' 2026 tenure survey. In family companies, it is often a lifetime: sons and daughters who grew up on the shop floor and now run it.

Some of the best stories are about how hard owners work to keep their people. When the 2020 shutdown hit, the family behind Deanan Gourmet Popcorn went six months without a salary so the company could keep all 34 employees. That kind of decision never shows up on a Fortune list. It shows up in a town.

Why they matter to America

These companies are where a lot of American things actually get made, fixed, packed and shipped. They train people who never went to college for a trade. They buy from the shop down the road. They keep knowledge that took decades to build: how to weld a certain joint, which customer always means the left-hand part, how to fix the machine nobody makes anymore. When one of them closes, that knowledge usually goes with it.

They are also where a lot of the country's growth comes from. By the SBA's count, small businesses created more net new jobs than large ones over nearly three decades. And they do it without a press office.

About this series

I'm Miguel Gutierrez, a student at SMU in Dallas. I started asking owners around Dallas-Fort Worth one simple question each: about the moment that made their company what it is. Their answers are the stories in this series, in their own words. Every story is shared with the owner's permission, and they see it before it goes up.

The first stories are being written now, and they will appear on our stories page as each owner approves theirs.

I'm also a co-founder of Peekgentic, a Dallas company that builds software for manufacturers and distributors. This series isn't a sales pitch. It started because the companies I kept visiting had better stories than anything I read about the big names, and somebody should write them down.

Common questions

What is a non-Fortune 500 company?

Any company outside the 500 largest U.S. companies by revenue. That is almost every company in America: small businesses alone are 99.9% of U.S. firms, according to the SBA's Office of Advocacy.

How many people work outside the Fortune 500?

Most Americans do. The Fortune 500 employs about 31 million people worldwide, while the U.S. middle market alone (companies with $10 million to $1 billion in revenue) accounts for roughly a third of private-sector jobs, according to the National Center for the Middle Market, and small businesses are 99.9% of all U.S. firms.

Are small and mid-size companies good places to work?

Many are places people stay for years. In manufacturing, typical tenure is about 4.9 years, among the highest of any private-sector industry in the Bureau of Labor Statistics' 2026 survey, and many family companies are run by the second, third or fourth generation.

Who writes the Dallas business stories?

Miguel Gutierrez, a student at SMU and co-founder of Peekgentic. Each story is told in the owner's own words and shared with their permission.

How can I suggest a company for the series?

Email admin@peekgentic.com or text (469) 366-4397 with the company and why their story should be told.

Sources

  1. Fortune, “Welcome to the Fortune 500's 71st annual edition,” June 2, 2025
  2. National Center for the Middle Market, “Middle Market 101”
  3. SBA Office of Advocacy, Frequently Asked Questions About Small Business, 2024
  4. SBA Office of Advocacy, 2025 Small Business Profile: Texas
  5. Bureau of Labor Statistics, Employee Tenure (January 2026 data)
  6. Pendery's, About us
  7. Family Business Magazine, “Staying hot through five generations”
  8. Burleson's Honey, Our story
  9. M.L. Leddy's, About
  10. Daniel Steel Industries
  11. Astro Sheet Metal, Our story
  12. Wylie EDC, Deanan Gourmet Popcorn

More from Peekgentic

Published October 9, 2026 · Written by Miguel Gutierrez, Co-Founder, Peekgentic (Dallas, TX). Every statistic links its source.