Businesses in Minnesota
Businesses in Minnesota
About Minnesota
Minnesota is in the Midwestern U.S. It is popular for the Land of 10,000 lakes.
It is popular for its outdoor activities, such as hiking, camping, fishing, and winter. Minnesota boasts the largest shopping mall in the United States, the Mall of America. Two major landmarks in this state are the Science Museum of Minnesota and the Walker Art Center.
Businesses in Minnesota:
What are major businesses is Minnesota?
Home to big corporations. Minnesota is also home to many large corporations. Minnesota’s largest companies are 3M, General Mills, Land O’Lakes, Target and United Health Group. These companies have headquarters in Minnesota and employ thousands of people in the state.
Is Minnesota a good place to do business?
The State of Minnesota consistently ranks at or near the top in all factors important to business success. What are the main industries in Minnesota? Minnesota’s largest revenue industries are health and medical insurance, wholesale medical supplies and life insurance and annuities.
What is the #1 industry in Minnesota?
Manufacturing is the major industry for about $55 billion or 15% of Minnesota’s GDP.
What is the employment rate in Minnesota?
There are about 320k people who get employment in the manufacturing industry, which accounts for 15% of wages. The manufacturing industry is also controlled by 40% of Fortune 500 companies and about 17 headquarters in this state.
What are Minnesota’s main sources of income?
Minnesota’s main revenue comes from the largest producers of corn, sugar beets and green peas.
How does the state of Minnesota make money?
Minnesota receives most of its revenue from general taxes, licenses, fees and federal grants.
What businesses is Minneapolis famous for?
Minneapolis is a world leader in medical technology innovation, commercialization and manufacturing. Innovation in many industries, from software to renewable energy. And one of the highest concentrations of banking and financial talent in a major metropolitan area.