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Business environment

Downtown MinneapolisMinneapolis has one of the most thriving corporate climates in the country. Underpinned by 19 diverse Fortune 500 companies including Target Corporation, 3M, Best Buy and General Mills, among others, Minneapolis tends to weather volatile economic conditions better than other cities.

WHY IS MINNEAPOLIS SUCH A GREAT PLACE TO DO BUSINESS?

  • More than 90 percent of of the primary U.S. industries exist in Minnesota
  • Minnesota is facing a projected employment increase of over one million jobs between 1996 and 2006
  • Minnesota's manufactured exports blazed to a record high of $11.8 billion in 2004, growing by 12.5% over the previous year
  • Minneapolis is a marketing communications mecca with 100 public relations firms, 200 advertising agencies and 250 direct marketing firms
  • The University of Minnesota is one of the largest universities in the country and is responsible for countless ground-breaking inventions including the heart-lung machine, pacemaker, flight recorder and many more

Other unique accolades that make Minneapolis an ideal meeting location:

Smoke-free Minneapolis (PDF)
Arts Explosion (PDF)

NOTABLE MINNESOTA BUSINESSES
19 Fortune 500 companies are headquartered here:

  • Target Corporation (29)
  • United Health Group (37)
  • Best Buy (76)
  • Supervalu (99)
  • St. Paul Travelers (85)
  • 3M (101)
  • Supervalu (113)
  • U.S. Bancorp (131)
  • Northwest Airlines (182)
  • Cenex Harvest State (188)
  • General Mills (206)
  • Medtronic (235)
  • Xcel Energy (247)
  • Land O’ Lakes (301)
  • Thrivent Financial (352)
  • C.H. Robinson Worldwide (379)
  • Hormel Foods (401)
  • Nash Finch (457)
  • Ecolab (459)
  • Mosaic (470)

AS WELL AS SOME OF THE FASTEST-GROWING COMPANIES IN THE COUNTRY:

  • Aveda Corporation
  • Cargill
  • Caribou Coffee
  • Carlson Companies (Radisson Hotels)
  • Fingerhut
  • International Dairy Queen
  • Polaris
  • Rollerblade
  • Toro

Read Minneapolis facts & accolades

 


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“The downtown area is vibrant, with interesting architecture, and I have a sense of safety.”

American Public Works Association 2005 International Conference and Expo attendee