Minnesota companies gain clout on Fortune 500 list


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Nov 11, 2008
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per Axios Twin Cities:

Minnesota companies are moving up the Fortune 500 list, thanks in part to the pandemic.
Driving the news: Fortune released its annual list yesterday, and Minnesota has 18 public companies among the top 500 in the U.S., up from 16 last year.
  • Winona-based Fastenal and Mendota Heights-based Patterson both moved onto the list this year.
  • Of our 18 Fortune 500 companies, 14 moved up the list, three moved down and one was flat.
Why it matters: Minnesota's impressive lineup of large public companies — in a diverse mix of industries — is a big reason why we've had a historically strong and stable economy.
The big picture: Minneapolis-based Target and Richfield-based Best Buy, aided by a pandemic that shifted shopping behavior in their favor, moved up seven and nine spots, respectively.
  • Other big risers: Golden Valley-based General Mills moved up 23 spots, St. Paul's Securian was up 34 places and Medina-based Polaris jumped 35.
  • St. Paul-based Ecolab, which saw a steep drop in demand for its restaurant cleaning products, dropped 24 spots.
Here is Minnesota's lineup:
  • 5. UnitedHealth
  • 30. Target
  • 66. Best Buy
  • 96. 3M
  • 103. CHS
  • 113. U.S. Bank
  • 169. General Mills
  • 191. CH Robinson Worldwide
  • 219. Land O' Lakes
  • 237. Ecolab
  • 253. Ameriprise Financial
  • 272. Xcel Energy
  • 317. Hormel
  • 369. Thrivent Financial
  • 407. Polaris
  • 421. Securian Financial
  • 479. Fastenal
  • 491. Patterson
Go Gophers!!


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Dec 15, 2016
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United health is the one that makes me ill.

I worked on their new headquarters a few years ago. The excess of those buildings was SICKENING. All from being a middle man leach on society.

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