Google+
Facebook icon Twitter Icon Linkedin Icon Youtube Icon Google Plus icon B

Major Employers_OLD

The Greater MSP region is a hub of thriving companies who take advantage of locational assets the region has to offer. These companies include: UnitedHealth Group, Target, Best Buy, Supervalu, 3M, CHS, U.S. Bancorp, Medtronic and General Mills. They attract international recognition every year for their innovation, sustainability, ethical leadership, brand value, corporate citizenship and leadership.

 

A total of seven Twin Cities companies made Forbes' annual list of the largest private companies. Cargill, the largest private company in the nation, has flourished in Greater MSP for more than 100 years.

 

Forbes Global 2000

Fifteen Minneapolis-Saint Paul companies rank among the world’s biggest public companies, according to Forbes. Its 2015 Global 2000 ranking is based on four equally weighted factors, as of May 2015: annual sales, profits, assets and market value.  

 

Forbes 2015 RankingsCompanyIndustry2014 Sales (billions)Worldwide Employees

 

65

UnitedHealth Group Managed Health Care $130.5 185,000

126

US Bancorp Major Banks $20.3 67,000

205

3M Conglomerates $31.8 89,800

249

Medtronic Medical Equipment & Supplies $17.4 49,000

335

Ameriprise Financial Investment Services $12.1 19,000

407

General Mills Food Processing $17.6 43,000

498

Ecolab Specialized Chemicals $14.3 47,000

531

Xcel Energy Electric Utilities $11.7 11,691

534

Target Discount Stores $73.9 347,000

565

Best Buy Computer & Electronics Retail $41.5 125,000

693

Mosaic Specialized Chemicals $9.1 9,100

957

St. Jude Medical Medical Equipment & Supplies $5.6 16,000

1109

CH Robinson Worldwide Other Transportation $13.5 11,521

1699

Polaris Industries Recreational Products $4.5 7,000

1743

Supervalu Food Retail $17.4 35,800

Sources: Interactive Data, LionShares, Thomson Reuters Fundamentals and Worldscope via FactSet Research Systems; Bloomberg; Forbes.

 

Forbes Largest Private Companies

Minneapolis-based Cargill earned the top spot on Forbes’ annual list of America’s largest private companies for most of the last decade. Forbes’ 2015 list of privately held giants includes seven Minnesota firms, five based in the Greater MSP metro area.

 

Minnesota's Largest Private Companies

 

RankCompanyIndustryRevenue (billions)Employees
1 Cargill, Minneapolis Farm Products 109.84 e 130,500
83 Carlson, Minnetonka Hotels, Restaurants & Leisure 3.90 e 50,700
94 Schwan Food, Marshall Food, Drink & Tobacco 3.67 e 17,000
132 Holiday Companies, Bloomington  Convenience Stores & Gas Station 3.00 e 4,600
169 Rosen's Diversified, Fairmont  Food, Drink & Tobacco 2.51 e 4,000
182 M A Mortenson, Minneapolis Construction 2.39 e 2,200
210 Andersen, Bayport Construction 2.10 e 9,000

Revenues exclude excise taxes where applicable, public subsidiaries and sales from discontinued operations. Revenues are worldwide figures. e = Forbes’ estimate Source: Forbes

 

Fortune 500 Companies in Greater MSP

A total of 16 Fortune 500 companies call Minneapolis-Saint Paul home – a testament to the region’s ability to help companies prosper.

 

Greater MSP 2015 Ranking Company
Fortune 500 RankingRevenue (billions)
1 United Health Group 14 130.4
2 Target  36 74.5
3 CHS 69 42.7
4 Best Buy 72 41.9
5 3M 98 31.8
6 U.S. Bancorp 138 21.4
7 Supervalu 164 18.4
8 General Mills 171 17.9
9 Land O' Lakes 203 15.2
10 Ecolab 213 14.3
11 C.H. Robinson Worldwide 225 13.5
12 Ameriprise Financial 247 12.3
13 Xcel Energy 255 11.7
14 The Mosaic Company 320 9.1
15 Thrivent Financial for Lutherans 333 8.5
16 St. Jude Medical 466 5.6

Source: Fortune, 2015

 

High Ranks by Industry


Several Fortune 500 companies in the Greater MSP metro lead their respective industries:

 

    • 3M ranks first in conglomerates.
    • UnitedHealth Group ranks first in health care insurance.
    • C.H. Robinson Worldwide ranks first in transportation and logistics.
    • Target ranks second in general merchandising.
    • CHS ranks second in food production.
    • General Mills ranks fourth in food consumer production.
    • Best Buy ranks fourth in specialty retailing.
    • Supervalu ranks seventh in food store
    • Ameriprise Financial ranks sixth in diversified financial services.
    • US Bank ranks ninth in commercial banking.
    • St. Jude ranks sixth in  medical products and equipment
    • Ecolab ranks fifth in chemicals

 

Inc. 500 Fastest Growing Companies

Five Greater MSP area firms made Inc. magazine’s 2015 list of the 500 fastest growing private companies in America. Another 95 Minnesota firms made the Inc. 5,000 list. Both lists measures revenue growth among US-based, privately held, for-profit and independent companies. 

 

 

National RankPrivate Company/HeadquartersProduct/ServiceRevenue (millions)Three-Year Growth Rate

 

141 Morning Star Financial Services Self-directed financial services for those with disabilities and the elderly. $44.1 M 2,733%
154 Zerbee Business Products Internet supplier of office products, office furniture, restaurant supplies, medical supplies, restaurant supplies and technology products. $6.3 M 2,550%
178 Integrhythm Boutique consulting firm focused on integrating business and IT to create an operational rhythm for enterprise. $3.8 M 2,339%
220 LeadPages Designs templates for website pages and apps that allow businesses to increase their reach. $8.3 M 1,991% 
374 Snap Construction Exterior construction company specializing in windows, roofing, siding, insulation and home remodeling. $4.9 M 1,275%

 Source:  Inc. Magazine, 2015

 

 

 

Connect With Us

GREATER MSP
Securian Building
400 Robert Street North, Suite 1600
Saint Paul, MN 55101

info@greatermsp.org

651.287.1300

1.855.287.5941