Minneapolis, MN

The Minneapolis-St. Paul area is the second largest economic center in the Midwest, behind Chicago. The economy of Minneapolis today is based in commerce, finance, rail and trucking services, health care, and industry. Smaller components are in publishing, milling, food processing, graphic arts, insurance, education, and high technology. Industry produces metal and automotive products, chemical and agricultural products, electronics, computers, precision medical instruments and devices, plastics, and machinery. The city at one time produced farm implements. Five Fortune 500 corporations make their headquarters within the city limits of Minneapolis: Target, U.S. Bancorp, Xcel Energy, Ameriprise Financial and Thrivent Financial for Lutherans. The city’s largest employers are Target, University of Minnesota, Allina Health, Fairview Health Services, Wells Fargo, Hennepin County, Ameriprise, Hennepin County Medical Center, U.S. Bancorp, City of Minneapolis, Xcel Energy, Capella Education Company, RBC Wealth Management, Macy’s, TCF Financial, Federal Reserve Bank of Minneapolis, Thrivent, and the Star Tribune. Foreign companies with U.S. offices in Minneapolis include Accenture, Canadian Pacific, Coloplast, RBC and ING Group