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Leading Companies
Fortune 500 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
Fortune 500 Headquarters (2007)
Minnesota is home to 20 Fortune 500 companies and 34 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.
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Target and 3M are among Fortune’s 2007 “Top 20 Most Admired Companies.” Target also ranks first in innovation, outperforming Wal-Mart as the world’s most admired general merchandiser.
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Nine other Minnesota companies are singled out among Fortune’s 306 “Most Admired Companies.”
- Best Buy, General Mills and Target are considered “Blue Ribbon Companies” for earning multiple Fortune distinctions – including “Best Companies to Work For,” “Global 500” and “100 MBA Employers.
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Revenue
($ Billion)
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Revenue
($ Billion) |
UnitedHealth Group |
715 |
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Medtronic |
11.3 |
Target |
59.5 |
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Xcel Energy |
9.8 |
Best Buy |
30.8 |
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Ameriprise Financial (spin off of American Express) |
8.1 |
Travelers Companies (formerly St. Paul Travelers) |
25.1 |
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Land O’Lakes |
7.1 |
3M |
22.9 |
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C.H. Robinson Worldwide |
6.6 |
Supervalu |
19.9 |
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Thrivent Financial for Lutherans |
6.2 |
US Bancorp |
19.1 |
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Hormel Foods |
5.7 |
CHS |
14.4 |
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Mosaic |
5.3 |
Northwest Airlines |
12.6 |
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Ecolab |
4.9 |
General Mills |
11.6 |
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Nash Finch |
4.6 |
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Forbes’ Largest Private Companies (2007)
More than a dozen Minnesota companies made Forbes’ "Largest Private Companies" list in 2007. 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 |
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Farm Products |
82.49 e |
150,900 |
86 |
Carlson Cos |
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Lodging |
3.65 e |
50,000 |
100 |
Schwan Food |
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Dairy Products |
3.30 |
20,000 |
116 |
Andersen |
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General Building Materials |
3.00 |
14,000 |
170 |
Petters Group |
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Recreational Goods, Other |
2.30 2 |
3,200 |
184 |
Rosen's Diversified |
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Meat Products |
2.20 |
4,100 |
228 |
Holiday Cos |
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Grocery Stores |
1.82 e |
4,410 |
254 |
Taylor |
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Publishing - Periodicals |
1.70 e |
15,000 |
316 |
M A Mortenson |
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Heavy Construction |
1.41 |
2,200 |
320 |
Buffets |
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Restaurants |
1.39 |
38,000 |
350 |
Michael Foods |
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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 (2007)
A lucky 13 Minnesota companies placed on Forbes’ "400 Best Big Companies" list in 2007. 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 (2007)
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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©2008, Minneapolis Regional Chamber Development Foundation |
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