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Leading Companies in Minnesota
Fortune 500 Headquarters
Fortune 1000 Headquarters
Forbes’ Largest Private Companies
Forbes’ 400 Best Big Companies
International Companies with Minnesota Operations
Minnesota’s Largest Multi-Nationals
Inc.’s Fastest Growing Companies
S&P 500 Headquarters
S&P 500 Companies with Significant Minnesota Operations
Fortune 500 Headquarters (2009)
Minnesota is home to 19 Fortune 500 companies and 32 Fortune 1,000 companies – a testament to its ability to help businesses thrive. All but one Fortune 500 firm is based in the Metro MSP region. The following companies earned special recognition:
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General Mills is one of 31 Fortune 500 companies to rank among the “1000 best companies to work for.”
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UnitedHealth Group and US Bancorp are listed among the “50 most profitable” companies.
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CHS (Community Health Systems) is the second fastest growing Fortune 500 company, and Mosaic is the fourth, based on one-year profit growth.
- Nash-Finch and Land O’Lakes are among the 50 Fortune 500 companies delivering “the most bang for the buck” based on revenues per dollar of assets.
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Revenue
($ Billion)
|
|
|
Revenue
($ Billion) |
UnitedHealth Group |
81.2 |
|
Xcel Energy |
11.2 |
Target |
64.9 |
|
Mosaic |
9.8 |
Supervalu |
44.0 |
|
C.H. Robinson Worldwide |
8.6 |
Best Buy |
40.0 |
|
Ameriprise Financial |
7.1 |
CHS |
32.2 |
|
Hormel Foods |
6.8 |
3M |
25.3 |
|
Ecolab |
6.1 |
General Mills |
14.0 |
|
Thrivent Financial for Lutherans |
6.1 |
Medtronic |
13.5 |
|
PepsiAmericas |
4.9 |
Land O’Lakes |
12.0 |
|
Nash-Finch |
4.7 |
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Fortune 1000 Headquarters (2009)
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Revenue
($ Billion)
|
|
|
Revenue
($ Billion) |
St. Jude Medical |
4.4 |
|
Regis |
2.7 |
Alliant Techsystems |
4.2 |
|
Fastenal |
2.3 |
Valspar |
3.5 |
|
Donaldson |
2.2 |
Pentair |
3.4 |
|
Imation |
2.2 |
Patterson |
3.0 |
|
Polaris Industries |
1.9 |
Valspar |
3.2 |
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Toro |
1.9 |
Securian Financial Services |
2.7 |
|
Michael Foods |
1.8 |
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Forbes’ Largest Private Companies in Minnesota (2008)
More than a dozen Minnesota companies made Forbes’ "Largest Private Companies" list in 2008. Of the nation’s privately owned giants, Cargill ranks second with $82.5 billion in revenues. Click to view the full list.
| Rank |
Company |
|
Industry |
Revenue ($Billion) |
Employees |
2 |
Cargill |
|
Farm Products |
82.49 e |
150,900 |
86 |
Carlson Cos |
|
Lodging |
3.65 e |
50,000 |
100 |
Schwan Food |
|
Dairy Products |
3.30 |
20,000 |
116 |
Andersen |
|
General Building Materials |
3.00 |
14,000 |
170 |
Petters Group |
|
Recreational Goods, Other |
2.30 2 |
3,200 |
184 |
Rosen's Diversified |
|
Meat Products |
2.20 |
4,100 |
228 |
Holiday Cos |
|
Grocery Stores |
1.82 e |
4,410 |
254 |
Taylor |
|
Publishing - Periodicals |
1.70 e |
15,000 |
316 |
M A Mortenson |
|
Heavy Construction |
1.41 |
2,200 |
320 |
Buffets |
|
Restaurants |
1.39 |
38,000 |
350 |
Michael Foods |
|
Dairy Products |
1.25 |
3,875 |
392 |
Genmar Holdings |
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Recreational Goods, Other |
1.10 |
5,000 |
402 |
Lifetouch |
|
Business Services |
1.08 e |
22,000 |
e = estimate
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Forbes’ 400 Best Big Companies (2008)
A lucky 13 Minnesota companies placed on Forbes’ "400 Best Big Companies" list in 2008. Two of them (Ecolab and Best Buy) were Honor Roll standouts for having appeared on the list since its inception in 1999. Click here to view the list.
| Company |
Industry |
Sales ($Billions) |
Alliant Techsystems |
Aerospace & Defense |
3.9 |
Best Buy |
Retailing |
38.0 |
C.H. Robinson Worldwide |
Transportation |
7.0 |
Ecolab |
Chemicals |
5.3 |
Fastenal |
Retailing |
2.0 |
HB Fuller |
Chemicals |
1.5 |
Hormel Foods |
Food, Drink & Tobacco |
6.2 |
St. Jude Medical |
Health Care Equipment & Services |
3.6 |
Supervalu |
Food Markets |
44.4 |
Target |
Retailing |
63.2 |
Toro |
Consumer Durables |
1.9 |
US Bancorp |
Banking |
20.1 |
UnitedHealth Group |
Healthcare Equipment & Services |
74.9 |
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International Companies with Minnesota Operations
The following international powerhouses have major operations in Minnesota:
• Unysis |
• Seagate |
• Lockheed Martin |
| • Siemens |
• Boston Scientific |
• General Dynamics |
| • IBM |
• Emerson Electric |
• General Electric |
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Minnesota’s Largest Multi-Nationals (2007)
Listed by foreign revenues, Minnesota’s largest multi-nationals include:
3M |
$12.1 billion |
Medtronic |
$ 3.3 billion |
Mosaic |
$ 3.2 billion |
Northwest Airlines |
$ 3.1 billion |
Best Buy |
$ 2.8 billion |
Carlson Companies |
* |
Cargill |
* |
*Carlson Companies and Cargill do not break down revenue by sources
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Inc.’s Fastest Growing Companies (2008)
Ten Minnesota companies qualified for the “Inc. 500” – a tally of the fastest-growing private companies in the U.S. All but one firm is located in the Metro MSP region. The list was expanded in 2007 to include the top 5,000 businesses driving the U.S. economy, based on the percentage of revenue growth during 2003-2006. A total of 116 Minnesota companies made the latest cut. Click to see the Metro MSP list.
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S&P 500 Headquarters (2008)
Ameriprise Financial Inc. |
Financials |
|
St Jude Medical |
Health Care |
Best Buy Co. Inc. |
Consumer Discretionary |
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Supervalu Inc. |
Consumer Staples |
C.H. Robinson Worldwide |
Industrials |
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Target Corp. |
Consumer Discretionary |
CenterPoint Energy |
Utilities |
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The Travelers Companies Inc. |
Financials |
Ecolab Inc. |
Materials |
|
U.S. Bancorp |
Financials |
Fastenal |
Industrials |
|
United Health Group Inc. |
Health Care |
General Mills |
Consumer Staples |
|
Xcel Energy Inc |
Utilities |
Medtronic Inc. |
Health Care |
|
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|
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S&P 500 Headquarters with Significant Minnesota Operations (2008)
Boston Scientific |
Health Care |
|
Lockheed Martin Corp. |
Industrials |
CIGNA Corp. |
Health Care |
|
Qwest Communications Int |
Telecommunications |
Honeywell Int'l Inc. |
Industrials |
|
Wells Fargo |
Financials |
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©2009, Minneapolis Regional Chamber Development Foundation |
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