Duluth, MN: Business Overview

By Anna Beth Blevins on July 20, 2012 at 9:27 pm EST

While Duluth may be best best known for its proximity to Lake Superior, the city's economy and status as an important regional center make it successful.

Business Climate

Duluth’s business climate is vast and varied. It is the regional center for medical care, banking and shopping. In fact, more than 8,000 jobs in Duluth are related to the city’s hospitals. Plus, Duluth’s natural beauty that includes waterfalls, Lake Superior and multitude of state parks makes it a draw for tourists. About 3.5 million people visit Duluth every year, and that means big bucks for the city – about $400 million.

Port City

Not only is Duluth a center for its region, but it is also the center for a larger area that includes northeastern Minnesota, the western upper peninsula of Michigan and the northwestern part of Wisconsin. And, being a port city, it is a major spot for shipping. Coal, agricultural products and steel are just some of the goods shipped in and out of Duluth

Science

Another perk to being a city on the water? Duluth is big player in the study of aquatic science and aquatic biology. The EPA’s Mid-Continent Ecology Division Laboratory and the University of Minnesota Duluth’s Large Lakes Observatory call Duluth home, and their presence has allowed for a stream of scientifically and economically important businesses to flow into the city’s economy.

 

Check out our list of Duluth’s top employers.

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