Seventeen Minnesota-headquartered companies are on the latest Fortune 500 ranking of the largest public U.S. companies; 16 of which are in the Minneapolis-St. Paul metro. Hormel is the non-metro outlier in Austin, MN. The highest density of Fortune 500s is in the Minneapolis CBD where five firms with a collective $127.3 billion in revenue are located within seven blocks of one another. The smallest Minnesota company on the list, St. Jude Medical, is undergoing a pending $25 billion acquisition by Illinois-based Abbott Laboratories, which will likely lower next year’s count by one. The deal is expected to close in the fourth quarter of 2016.

1. Minneapolis–St. Paul
Count ‘em: 16 Fortune 500s in MSP metro
Chart of the week: June 6, 2016
Source: Fortune, JLL Research
• Seventeen Minnesota-headquartered companies are on the latest Fortune 500 ranking of the largest
public U.S. companies; 16 of which are in the Minneapolis-St. Paul metro. Hormel is the non-metro
outlier in Austin, MN. The highest density of Fortune 500s is in the Minneapolis CBD where five firms
with a collective $127.3 billion in revenue are located within seven blocks of one another.
• The smallest Minnesota company on the list, St. Jude Medical, is undergoing a pending $25 billion
acquisition by Illinois-based Abbott Laboratories, which will likely lower next year’s count by one. The
deal is expected to close in the fourth quarter of 2016.
Land O’Lakes
3M
St. Jude Medical
Ecolab
CHSBest Buy
UnitedHealth
Group
Supervalu
C.H. Robinson
General
Mills
Mosaic
Northwest
West
Southwest Southeast
Northeast
St. Paul CBD
Minneapolis
CBD
Target
U.S. Bancorp
Thrivent
Financial
Xcel Energy
Ameriprise
Financial
Close-Up: Minneapolis CBD