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LexCorp

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Lexcorp Tower in Metropolis
Lexcorp Tower in Metropolis


Official Name: LexCorp Incorporated
Nicknames: No known nicknames
Former Aliases: No known former aliases
Other Current Aliases: Lex-Corp

Contents


Location Details

Universe: New Earth
Galaxy: Milky Way Galaxy
Star System: Sol system
Planet: Earth
Country: United States of America
City: Metropolis
Locale: New Troy (Corporate headquarters)
Identity: The existence of this location is known to the general populace of Earth.

History

Originally organized as an aerospace engineering firm, LexCorp has become one of the world's largest, most diversified multinational corporations. Under the astute - some would say, ruthless - management of its founder, Lex Luthor, LexCorp grew and prospered, absorbing scores of smaller businesses.

While still in its original offices on the top floor of Metropolis' famed Daily Planet building, LexCorp made its first acquisitions of two then-struggling airlines, Inter-Continental Airlines and Atlantic Coast Air Systems (since renamed LexAir). As LexCorp subsidiaries, the airlines began to prosper. And when rising profits were threatened by fuel shortages, LexCorp bought out Southwestern Petroleum, now known as LexOil.

For a brief period, the Daily Planet itself came under the ownership of LexCorp, but Luthor quickly became disenchanted with what he considered the low profit margins of the newspaper business. He moved LexCorp's offices into a new high-rise building and began buying up downtown properties in preparation for the day when LexCorp would build its own corporate headquarters. LexCorp soon bought out a Metropolis television station and acquired a satellite transmission company, linking both under the corporation's new LexCom subsidiary as SuperStation WLEX. With a potentially worldwide electronic communications out-let under the LexCorp umbrella, Luthor soon sold the Planet, building and all, to TransNational Enterprises.

In time, LexCorp gained controlling interest in no fewer than three banks - the Metropolis Mercantile Bank, Commerce Bank of Metropolis, and First Metro Security - and moved into all the major financial markets, absorbing new holdings worldwide.

By the timeframe of the Alliance Invasion, LexCorp dominated the commerce of the city - and, indeed, of much of the world - from the 96-story L-shaped building which towered above the Metropolis skyline from the eastern tip of the borough of New Troy. It was estimated that LexCorp at its height, either directly or indirectly, employed nearly two-thirds of the city's 11 million people. A majority of local businesses were wholly- or partially-owned subsidiaries of LexCorp. Among those many subsidiaries are such diverse businesses as Advanced Research Laboratories, Secur-Corp Armored Car Service, North American Robotics, Hell's Gate Disposal Services, and the Good Foods Group, owners of Ralli's Family Restaurants and the Koul-Brau Breweries.

In addition to its many properties in the greater Metropolis area, LexCorp has domestic holdings in Los Angeles, Denver, Houston, New Orleans, Chicago, Gotham City, and Boston. LexCorp currently maintains financial institutions, research facilities, refineries, and/or manufacturing plants in a score of countries, including Australia, Venezuela, Argentina, Brazil, Germany, Switzerland, France, the Union of South Africa, Saudi Arabia, Japan, Singapore, and the free market of Hong Kong. When CEO Lex Luthor was elected President of the United States, Talia Al Ghul took over the company. Following his dismissal as president, he unofficially fired her and took back his place, unaware that she kept a portion of stock from him.

Competitors include Wayne Enterprises, K.O.R.D. Industries, and S.T.A.R. Labs.

One Year Later

A year after the events of Infinite Crisis, Lex Luthor has been stripped of his wealth, assets, and businesses and is reduced to living like a vagrant. LexCorp has had its stocks dissolved and sold off to other companies, most notably Wayne Enterprises. Talia Head donated a large portion of its profits to the Wayne Foundation during Superman and Batman's year long absences.

Lana Lang has since become LexCorp's new CEO following Luthor's public acquittal from criminal charges, although the company seems to be heading towards bankruptcy.

First Appearance: Man of Steel #2

LexCorp's main subsidiaries are:

Luthor Technologies

Research and development into weapons, pharmaceuticals, robotics, computer hardware and software (LexComp), bio-engineering, fertiliser, preservatives, hydroponics, air conditioning, and probably other things.

Luthor Industries

Operates most of Metropolis' utilities, including electricity, gas, water, sewage treatment and waste disposal.

Luthor Communications

Phone company (LexCom), television stations (LexTel and Luthor News Network) and briefly the Daily Planet newspaper.

Luthor Enterprises

Cash businesses, including hotels (Lexor), rented accommodation, restaurants and public transportation.

Luthor Financial

Banks, brokerage houses, investment firm (LexEl Investments).

Luthor Foundation

Philanthropic enterprises including Luthor Hospital, Luthor Home for Children, Luthor Foundation for the Arts and LexMet Square Garden.

Property Holdings

LexCorp also owns considerable property in Metropolis, such as the Lexor hotel.

Miscellaneous

Personnel

Notes

  • No special notes.

Trivia

  • In the continuity of the Smallville television series, Lexcorp is known as Luthorcorp.

Recommended Readings

Related Articles

External Links


References



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