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Minneapolis, MN: Business Overview

Minneapolis' well-rounded business climate is home to major industries and small businesses.

By Anna Beth Blevins on June 19, 2017

Minneapolis/St. Paul International Airport
Minneapolis / Submitted – Photo courteys of the Minneapolis Convention & Visitors Bureau

Minneapolis and St. Paul, Minn., make up more than half of the gross state product of Minnesota. Home to large industries and small companies, Minneapolis draws all kinds of business thanks to its big-city amenities and Midwestern ease.

Minneapolis’ economy is strengthened by commerce, finance, rail and trucking services, health care, and big industry. Smaller areas of business include publishing, graphic arts and education. The city and the surrounding 11-county region often rank among the best places to do business in the United States.

Big Industries

Six Fortune 500 corporations call Minneapolis home: Target, U.S. Bancorp, Xcel Energy, Ameriprise Financial, Thrivent Financial for Lutherans and PepsiAmericas. Foreign companies with U.S. offices in Minneapolis include Coloplast, ING Group and RBC.


Traveling to and from the city is easy thanks to the Minneapolis/St. Paul International Airport. It was voted by Travel + Leisure readers as the nation’s best airport thanks to its hassle-free check-in and security. Coupled with the city’s infrastructure of buses, light rail and skyway systems, getting around Minneapolis is a breeze.


Minneapolis is ahead of the curve when it comes to technology. Popular Science named Minneapolis the “Top Tech City” in the U.S. for its availability of Wi-Fi, transportation solutions, research and development, advanced degrees held by the workforce, and green initiatives.

Learn more about Minneapolis’ top employers.

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