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Economy of Minneapolis and St. Paul


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The Minneapolis–Saint Paul area is home to 18 of Minnesota's 19 Fortune 500 headquarters - UnitedHealth Group, Target, Best Buy, Supervalu, CHS, 3M, US Bancorp, Medtronic, General Mills, Land O'Lakes, Xcel Energy, Ameriprise Financial, CH Robinson Worldwide, Mosaic, Thrivent Financial, Ecolab, St. Jude Medical and Nash Finch. Large private companies include Cargill, Carlson, Andersen, Erickson Companies and Schwan Foods. Foreign companies with U.S. headquarters in the Twin Cities include Allianz, Canadian Pacific, Coloplast, ING, RBC and Pearson VUE. The area has the second largest economy in the Midwest, behind
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