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Foreign-owned companies still making presence felt. (San Francisco Bay Area)

San Francisco Business Times

| March 11, 1994 | Burstiner, Marcy | COPYRIGHT 1987 San Francisco Business Times, Inc. (Hide copyright information)Copyright

Despite a slow-down in foreign investment in the past several years, foreign subsidiaries continued to show a heavy presence in the Bay Area according to the Business Times' List of largest foreign-owned companies.

Fireman's Fund Insurance Co. of Novato, owned by Allianz AG Holding of Germany, topped The List with 3,000 employees, making the subsidiary one of the largest private employers in the Bay Area.

Genentech Inc. of South San Francisco, owned by Roche Holdings Ltd. of Switzerland, took the No. 2 spot, with 2,500 employees.

In third place was Provigo Corp. of San Rafael. The food wholesaler almost slipped off The List in the last several months, when …

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