The next Fortune 500 companies

Conseco has dropped off the Fortune 500, leaving WellPoint, Lilly, Cummins and NiSource as the only Indiana companies remaining.

Several Indiana firms are closing in on the elite list, though.

One is Steel Dynamics, the Fort Wayne company that recycles scrap metal. It was No. 517 on the magazine’s 2008 list of largest domestic companies, helped by the surge in steel prices. Quite a growth story: Co-founder Keith Busse stormed through Indianapolis raising startup capital just 15 years ago.

Other Indiana companies in the offing include Plainfield cell phone distributor Brightpoint, 527 on this year’s list; Warsaw prosthetics maker Zimmer Holdings, 560; and Simon Property Group, the Indianapolis-based shopping mall giant, 585.

These companies are thriving. Do you see reasons why other companies in the state can’t do well, too?

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