MINNEAPOLIS & ST. PAUL: BEST IN THE BUSINESS(ES)

Job seekers find utopia in the Twin Cities

By Tammy Galvin

Thinking of relocating to Minneapolis or St. Paul because of our incredibly low unemployment? That’s just one of many reasons job seekers with all lengths of resumes clamor to this region at all stages of their career.

With more Fortune 500 companies than other state in the country, Minnesota is home to world-class industry leaders from manufacturing and healthcare to retail and financial. Those to factors contribute to a job seekers’ utopia: Great employment opportunities, shallow to nonexistent pool of candidates.

Year after year, both private and public companies from around the area are lauded for their innovation, sustainability, ethical leadership, brand values and corporate citizenship. Indeed, the companies who call the Minneapolis and St. Paul region their home have set deep roots in these communities.  In fact, for more than 100 years, the largest private company in the nation— Cargill—has continued to shine.

Two Women working at a computer in office

Fortune 500 Minnesota-Based Companies

Here are the Fortune 500 Minnesota-based companies ranked by 2016 annual revenue along with their movement over their 2015 ranking. From 2015 to 2016 the list remained at 17 companies, but it is expected to drop by one for sure next year, as St. Jude Medical was acquired by Illinois-based Abbott Laboratories in January. (As an aside: each Minnesota company in the following lists is linked for your convenience to their career center or job listings on their websites).

Another bible used to chronicle America’s largest private companies for the past 32 years is of course the one produced by Forbes. And for 30 of those years, Minnetonka-based Cargill has sat at the very top.

The most recent list, published in 2016, includes 223 companies with more than $2 billion in revenue. Other Minnesota companies to make the list include:

Carlson (#88), Mortenson (#115), Holiday Companies (#133), Rosen’s Diversified (#136), Schwan Food (#154), Andersen Corp. (#187) and Taylor Corp. (#223). Fitting that two Minnesota companies should bookend this remarkable list.

Downtown Minneapolis Skyline from Bridge

Largest Employers in Downtown Minneapolis

For a snapshot of some of the largest employers in downtown Minneapolis (by total number of employees) consider these stats from the Minneapolis Downtown Council.

Downtown Saint Paul from Highway

Largest Employers in St. Paul

Exterior photo of Medtronic Corporate

Image courtesy of Medtronic

First-Ring Twin Cities Suburban Employers

And because here at Visit Twin Cities we have our own personal favorites that might never see the light of day on such data-centric lists, we have compiled this list of highly recommended companies to look for in a handful of first-ring suburbs.

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