NEW YORK – The annual Forbes magazine list of the largest privately owned companies in the United State is again led by Minnesota-based Cargill. By Forbes calculations, Cargill revenue topped $165 billion in 2022. The company headquarters are in Minnetonka. Other privately owned Minnesota comanies the Forbes list:
> Mortenson Construction, of Minneapolis, 115th.
> Ryan Companies, Minneapolis another construction firm, 139th.
> Anderson Companies, Bayport, windows and doors. 158th.
> Johnson Brothers Liquor, St. Paul, 204th
> Taylor Company, Mankato, holding company for Glen Taylor, whose interests include the Timberwolves, the Lynx, and the Minneapolis Star Tribune, 237th.
These are the largest publicly held companies based in Minnesota: United Health Group, Minnetonka; Target, Minneapolis; CHS, Inver Grove Heights; Best Buy, Richfield; 3M, Maple Grove; U.S. Bancorp, Minneapolis; C.H. Robinson Worldwide, Eden Prairie; Land O’Lakes, Arden Hills; General Mills, Golden Valley; Xcel Energy, Minneapolis, Ameriprise Financial, Minneapolis; Ecolab, St. Paul; Hormel Foods, Austin; Thrivent Financial, Minneapolis; and Polaris, Medina
NEW YORK – The annual Forbes magazine list of the largest privately owned companies in the United State is again led by Minnesota-based Cargill. By Forbes calculations, Cargill revenue topped $165 billion in 2022. The company headquarters are in Minnetonka. Other privately owned Minnesota comanies the Forbes list:
> Mortenson Construction, of Minneapolis, 115th.
> Ryan Companies, Minneapolis another construction firm, 139th.
> Anderson Companies, Bayport, windows and doors. 158th.
> Johnson Brothers Liquor, St. Paul, 204th
> Taylor Company, Mankato, holding company for Glen Taylor, whose interests include the Timberwolves, the Lynx, and the Minneapolis Star Tribune), 237th.
These are the largest publicly held companies based in Minnesota: United Health Group, Minnetonka; Target, Minneapolis; CHS, Inver Grove Heights; Best Buy, Richfield; 3M, Maple Grove; U.S. Bancorp, Minneapolis; C.H. Robinson Worldwide, Eden Prairie; Land O’Lakes, Arden Hills; General Mills, Golden Valley; Xcel Energy, Minneapolis, Ameriprise Financial, Minneapolis; Ecolab, St. Paul; Hormel Foods, Austin; Thrivent Financial, Minneapolis; and Polaris, Medina
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Cargill profile
William Wallace Cargill started a grain storage business in Conover, Iowa, at the end of the Civil War, then a storage house and a lumberyard LaCrosse, Wisconsin. He left for Minneapolis on 1887 as the city was emerging as the epicenter for grain distribution. The company grew through the 20h century with acquisitions but mostly by establishing interests abroad. Cargill today is an international producer and distributor of sugar, refined oil, chocolate, turkey and other agricultural product. Cargill also provides risk management, commodities trading and transportation services. Worldwide the Cargill has 155,000 employees. The company’s board of directors iicludes seven family members but only one whom has the Cargill last name all these generations later.