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Encyclopedia > Economy of Minnesota
Minnesota Portal
The Minnesota state quarter

The economy of Minnesota produced 234 billion dollars of gross domestic product in 2005.[1] Minnesota headquartered 34 publicly-traded companies in the top 1000 U.S. companies by revenue in 2007.[2] This includes such large companies as Target, and UnitedHealth Group. The per capita personal income in 2004 was $36,184, 8th in the nation.[3] The median household income in 2005 was approximately $52,024, ranking eleventh in the nation.[4] Image File history File links Portal. ... Download high resolution version (1167x1189, 152 KB) Wikipedia does not have an article with this exact name. ... Download high resolution version (1167x1189, 152 KB) Wikipedia does not have an article with this exact name. ... Obverse of redesigned quarter The 50 State Quarters program is the release of a series of commemorative coins by the United States Mint. ... Capital Saint Paul Largest city Minneapolis Area  Ranked 12th  - Total 87,014 sq mi (225,365 km²)  - Width 250 miles (400 km)  - Length 400 miles (645 km)  - % water 8. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory,[1] the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... Nominal GDP per person (capita) in 2006. ... Capital Saint Paul Largest city Minneapolis Area  Ranked 12th  - Total 87,014 sq mi (225,365 km²)  - Width 250 miles (400 km)  - Length 400 miles (645 km)  - % water 8. ... This article is about the United States retail company. ... UnitedHealth Group Incorporated NYSE: UNH is a managed health care company. ...

Contents

Income and retail

Average household incomes range from $17,369 in Todd County to $42,313 in Hennepin County. Salaries are highest in the urban and suburban counties of the twin cities metropolitan area. Retail sales per capita were $10,260 in 1997, higher than the U.S. average of $9,190. The Twin Cities suburb of Roseville has the highest per capita sales, which recorded $14,870 per capita, but total revenues are much higher in Minneapolis, St. Paul, Bloomington, and Edina. Todd County is a county located in the state of Minnesota. ... Hennepin County is a county located in the U.S. state of Minnesota, named in honor of the 17th-century French explorer Father Louis Hennepin. ... A map of the Twin Cities metropolitan area. ... Roseville (also known as Hoesville) is a city in Ramsey County, Minnesota, just north of Saint Paul and east of Minneapolis. ... This article is about the city in Minnesota. ... State capitol building in Saint Paul Saint Paul is the capital and second-largest city of the state of Minnesota in the United States of America. ... location in Hennepin County, Minnesota Coordinates: Country United States State Minnesota County Hennepin Founded 1843 Incorporated 1858 Mayor Gene Winstead Area    - City 99. ... location in Hennepin County, Minnesota Coordinates: , Country State County Hennepin Founded 1860s Incorporated 1888 Government  - Mayor James Hovland Area  - City 16 sq mi (41. ...


Industry and commerce

Corn field

Minnesota's economy has transformed in the past 200 years from one based on raw materials to one based on finished products and services. Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (1024 × 768 pixel, file size: 220 KB, MIME type: image/jpeg) File historyClick on a date/time to view the file as it appeared at that time. ... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (1024 × 768 pixel, file size: 220 KB, MIME type: image/jpeg) File historyClick on a date/time to view the file as it appeared at that time. ... This article is about the maize plant. ... material is the substance or matter from which something is or can be made, or also items needed for doing or creating something. ...


The earliest industries were fur trading and agriculture. Agriculture is still a major part of the economy even though only a small percentage of the population, less than 1% are employed in the farming industry.[5] The fur trade was a huge part in the early economic development of North America. ...


Minnesota is the U.S.'s largest producer of sugar beets, sweet corn, and green peas for processing and farm-raised turkeys.[6] State agribusiness has changed from production to processing and the manufacturing of value-added food products by companies such as General Mills, Cargill, Hormel Foods Corporation (prepackaged and processed meat products), and the Schwan Food Company (frozen foods). For other uses, see United States (disambiguation) and US (disambiguation). ... Two sugar beets - the one on the left has been cultivated to be smoother than the traditional beet, so that it traps less soil. ... Sweetcorn (or sweet corn, also known as sugar corn), is a hybridized variety of maize (Zea mays), specifically bred to increase the sugar content. ... Binomial name Pisum sativum L. A pea is the small, edible round green bean which grows in a pod on the leguminous vine Pisum sativum. ... General Mills (NYSE: GIS) is a Fortune 500 corporation, mainly concerned with food products, which is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis. ... Cargill, Incorporated is a privately held, multinational corporation, and is based in the state of Minnesota in the United States. ... Hormel Foods Corporation (NYSE: HRL) is probably best known as the producer of SPAM luncheon meat. ... The Schwan Food Company is a multibillion-dollar privately owned company with 22,000 employees worldwide. ...

Red pine forest
Iron Range near the Mesabi Trail

Forestry, another early industry, remains strong with logging, pulpwood processing, forest products manufacturing, and paper production. The amount of forested land in the state is declining, from 16.7 million acres (68,000 km²) in 1990 to 16.2 million acres in 2004; however, the average forest is maturing. From 1999 to 2004 the average annual growth within the state was 550 million board-feet (1,300,000 m³) of timber, while the average amount harvested was only 330 million board-feet (780,000 m³) per year.[7] Image File history File links Metadata Size of this preview: 798 × 599 pixelsFull resolution (4048 × 3040 pixel, file size: 2. ... Image File history File links Metadata Size of this preview: 798 × 599 pixelsFull resolution (4048 × 3040 pixel, file size: 2. ... Binomial name Pinus resinosa The Red Pine (Pinus resinosa), is a North American pine, occurring from Newfoundland west to southeast Manitoba, and south to northern Illinois and Pennsylvania, with a small outlying population in the Appalachian Mountains in West Virginia. ... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (2048 × 1536 pixel, file size: 711 KB, MIME type: image/jpeg) File historyClick on a date/time to view the file as it appeared at that time. ... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (2048 × 1536 pixel, file size: 711 KB, MIME type: image/jpeg) File historyClick on a date/time to view the file as it appeared at that time. ... The Iron Range and Arrowhead are overlapping regions that make up the northeastern section of Minnesota in the United States. ... The Mesabi Trail is a paved bicycle trail running from Ely, Minnesota to Grand Rapids, Minnesota. ... A decidous beech forest in Slovenia. ... The board-foot is a specialized unit of volume for measuring lumber in the United States and Canada. ...

Cement carrier and storage vessel, Lake Superior, Duluth, Minnesota

Minnesota was famous for its soft-ore iron mines which produced a significant portion of the world's iron ore for over a century. Although the pure ore is now depleted, taconite mining remains strong using processes developed locally to save the industry. In 2004 the state produced 75 percent of the usable iron ore in the country.[6] 3M (formerly Minnesota Mining and Manufacturing Co.) today is a diversified manufacturer of industrial and consumer products. The port of Duluth was created by the mining boom and today continues to be an important shipping port for the Midwest's agricultural and ore products. Image File history File linksMetadata Size of this preview: 800 × 447 pixelsFull resolution (1550 × 867 pixel, file size: 1. ... Image File history File linksMetadata Size of this preview: 800 × 447 pixelsFull resolution (1550 × 867 pixel, file size: 1. ... Lake Superior, bounded by Ontario, Canada and Minnesota, USA, to the north and Wisconsin and Michigan, USA, to the south, is the largest of North Americas Great Lakes. ... Duluth is the county seat of St. ... Taconite is an iron-bearing, high-silica, flint-like rock. ... This heap of iron ore pellets will be used in steel production. ... 3M Company (NYSE: MMM), formerly Minnesota Mining and Manufacturing Company until 2002, is an American corporation with a worldwide presence. ... Duluth is the county seat of St. ...


Retail is represented by Target Corporation, Best Buy, and Supervalu, all headquartered in the Twin Cities. Southdale Center, the first fully-enclosed and completely climate-controlled shopping mall in the United States opened on October 8, 1956, in the suburban city of Edina. The largest shopping mall in the United States, the Mall of America, is located in Bloomington. This article is about the United States retail company. ... For the defunct chain of catalog showrooms, see Best Products. ... SuperValu is an Irish supermarket chain owned by the Musgraves wholesaler firm. ... Inside the Southdale Center Southdale Center, commonly known as just Southdale, was the first fully-enclosed and completely climate-controlled shopping mall in the United States. ... For the traditional meaning of the word mall, see pedestrian street or promenade. ... is the 281st day of the year (282nd in leap years) in the Gregorian calendar. ... Year 1956 (MCMLVI) was a leap year starting on Sunday (link will display full calendar) of the Gregorian calendar. ... location in Hennepin County, Minnesota Coordinates: , Country State County Hennepin Founded 1860s Incorporated 1888 Government  - Mayor James Hovland Area  - City 16 sq mi (41. ... Mall of America (also MOA, MoA, or the Megamall) is a shopping mall located in the Twin Cities suburb of Bloomington, Minnesota. ... location in Hennepin County, Minnesota Coordinates: Country United States State Minnesota County Hennepin Founded 1843 Incorporated 1858 Mayor Gene Winstead Area    - City 99. ...


Medtronic and St. Jude Medical represent a growing biomedical industry spawned by university research, and Rochester is the headquarters of the world-famous Mayo Clinic. UnitedHealth Group is the second largest health insurance company in the U.S. Medtronic, Inc. ... St. ... Main campus in downtown Rochester, Minnesota. ... UnitedHealth Group Incorporated NYSE: UNH is a managed health care company. ...


Financial institutions include U.S. Bancorp, TCF Bank and Ameriprise; insurers include Travelers Companies and Thrivent Financial for Lutherans. It has been suggested that Firstar Corporation be merged into this article or section. ... TCF Bank is the wholly owned banking subsidiary of TCF Financial Corporation, a financial services holding company headquartered in Wayzata, Minnesota, USA. Currently TCF Bank generates more than 85% of the parent companys net income. ... Ameriprise Financial, Inc. ... The Travelers Companies (NYSE: TRV) is the second largest underwriter of commercial property casualty and personal insurance in the United States. ... The entrance sign in Appleton shows the corporate logo Corporate Center in Minneapolis Operations Center in Appleton Appleton entrance Thrivent Financial for Lutherans (first word pronounced THRIVE-int IPA pronunciation: ) is a Fortune 500 financial services organization with dual corporate headquarters based in Minneapolis, Minnesota and Appleton, Wisconsin. ...


As might be expected in state with a love of the outdoors, boats and other recreational products are manufactured by a number of Minnesota companies, including Polaris Industries and Arctic Cat, who make snowmobiles and ATVs, Alumacraft Boat Company, and Lund Boats. Polaris Industries manufactures a full line of all-terrain vehicles (ATV), snowmobiles, Ranger utility vehicles in 2wd, 4wd or 6wd, Victory Motorcycles and EU rated quadcycles. ... Arctic Cat is a producer of all-terrain vehicles and Snowmobiles in the United States. ... A snowmobile tour at Yellowstone National Park (NPS Photo) A snowmobile is a land vehicle propelled by one or two rubber tracks, with skis for steering. ... The term All-Terrain Vehicle or ATV is used in a general sense to describe any of a number of small open motorized buggies and tricycles designed for off-road use. ...


An active high-technology sector is represented by Alliant Techsystems, Cray, Imation, and a large IBM plant in Rochester. Alliant Techsystems NYSE: ATK is a major US aerospace and defense contractor with sales of approximately USD $3. ... For alternate meanings, see Cray (disambiguation). ... An Imation USB Flash Drive and CD-R Imation Corporation NYSE: IMN is an American corporation spun off from 3M, with a worldwide presence that produces mainly data storage products. ... For other uses, see IBM (disambiguation) and Big Blue. ...


Today, the most salient characteristic of the economy is its diversity; the relative outputs of its business sectors closely match the United States as a whole.[8]


Minnesota's largest companies

Image File history File links Metadata Size of this preview: 566 × 599 pixelsFull resolution (1944 × 2058 pixel, file size: 1. ... Image File history File links Metadata Size of this preview: 566 × 599 pixelsFull resolution (1944 × 2058 pixel, file size: 1. ... Main campus in downtown Rochester, Minnesota. ... Coordinates: Country United States State Minnesota County Olmsted Founded 1854 Mayor Ardell Brede Area    - City 103. ...

Nonprofits

The following table lists the Minnesota-based non-profit organizations among the largest 400 in the U.S. by 2006 private donations.[9]

State Rank
by Revenue
Name National
Rank
Donations ($millions)
2006 estimate
Headquarters City
1 Mayo Clinic 45 265.9 Rochester
2 University of Minnesota 46 265.4 Minneapolis
3 Scholarship America 114 136.2 St. Peter
4 Minnesota Public Radio 378 40.3 St. Paul
5 Hope for the City 379 40.3 Edina
Part of Carlson Companies, a Radisson hotel in Berlin

Main campus in downtown Rochester, Minnesota. ... Coordinates: Country United States State Minnesota County Olmsted Founded 1854 Mayor Ardell Brede Area    - City 103. ... This article is about the oldest and largest campus of the University of Minnesota. ... “Minneapolis” redirects here. ... Location in the state of Minnesota. ... Minnesota Public Radio logo Minnesota Public Radio (MPR) is a regional public radio network based in the U.S. state of Minnesota that has been broadcasting since 1967. ... For an overview of the Twin Cities metropolitan area, see Minneapolis-Saint Paul. ... location in Hennepin County, Minnesota Coordinates: , Country State County Hennepin Founded 1860s Incorporated 1888 Government  - Mayor James Hovland Area  - City 16 sq mi (41. ... Image File history File links Metadata Size of this preview: 800 × 485 pixelsFull resolution (2536 × 1536 pixel, file size: 686 KB, MIME type: image/jpeg) File historyClick on a date/time to view the file as it appeared at that time. ... Image File history File links Metadata Size of this preview: 800 × 485 pixelsFull resolution (2536 × 1536 pixel, file size: 686 KB, MIME type: image/jpeg) File historyClick on a date/time to view the file as it appeared at that time. ... Cargill, Incorporated is a privately held, multinational corporation, and is based in the state of Minnesota in the United States. ... For other uses, see Salt (disambiguation). ... The city of Newark highlighted within Alameda County Newark is a city in Alameda County, California, United States. ... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (2048 × 1536 pixel, file size: 1. ... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (2048 × 1536 pixel, file size: 1. ... Carlson Companies is a privately-held international company in the marketing, service, travel, and hospitality industries. ... Radisson SAS in Copenhagen, Denmark. ... This article is about the capital of Germany. ...

Private companies

The following table lists the privately-held companies headquartered in Minnesota with 2006 revenues over $1 billion.[10]

State Rank
by Revenue
Company Name National
Rank
Revenue ($millions)
2006 estimate
Employees Headquarters City Known for
1 Cargill 2 69,900 141,400 Minnetonka Farm Products
2 Carlson Companies 44 4,930 57,000 Minneapolis Lodging
3 Schwan Food Company 77 3,380 22,000 Marshall Dairy Products
4 Andersen 94 3,000 16,000 General Building Materials
5 Petters Group Worldwide 154 2,200 3,200 Minnetonka Recreational Goods, Other
6 Holiday Cos 204 1,740 4,200 Grocery Stores
7 Taylor 209 1,710 15,000 North Mankato Publishing - Periodicals
8 Michael Foods 305 1,240 4,132 Dairy Products
9 M A Mortenson 337 1,160 1,800 Heavy Construction
10 Genmar Holdings 353 1,100 5,400 Recreational Goods, Other
11 Lifetouch 370 1,070 22,000 Business Services
Best Buy is headquartered in Richfield, Minnesota

Cargill, Incorporated is a privately held, multinational corporation, and is based in the state of Minnesota in the United States. ... Location in Hennepin County Coordinates: Country United States State Minnesota County Hennepin County Founded 1850s Incorporated 1956  - Mayor Jan Callison Area    - City  28. ... Carlson Companies is a privately-held international company in the marketing, service, travel, and hospitality industries. ... “Minneapolis” redirects here. ... The Schwan Food Company is a multibillion-dollar privately owned company with 22,000 employees worldwide. ... Marshall is a city in Lyon County, Minnesota, United States. ... Petters Group Worldwide is a privately-held company based in Minnetonka, Minnesota in the United States. ... Location in Hennepin County Coordinates: Country United States State Minnesota County Hennepin County Founded 1850s Incorporated 1956  - Mayor Jan Callison Area    - City  28. ... North Mankato is a city located in Nicollet County in the U.S. state of Minnesota. ... The introduction to this article provides insufficient context for those unfamiliar with the subject matter. ... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (1280 × 960 pixel, file size: 167 KB, MIME type: image/jpeg) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... Image File history File links Metadata Size of this preview: 800 × 600 pixelsFull resolution (1280 × 960 pixel, file size: 167 KB, MIME type: image/jpeg) File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... This article is about the United States retail company. ... “Minneapolis” redirects here. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... For the defunct chain of catalog showrooms, see Best Products. ... location in Hennepin County, Minnesota Coordinates: Country United States State Minnesota County Hennepin Founded 1850s Incorporated 1908  - Mayor Debbie Goettel (elected 2006) Area    - City 18. ... Image File history File links Metadata Size of this preview: 800 × 533 pixelsFull resolution (3456 × 2304 pixel, file size: 1. ... Image File history File links Metadata Size of this preview: 800 × 533 pixelsFull resolution (3456 × 2304 pixel, file size: 1. ... The Travelers Companies (NYSE: TRV) is the second largest underwriter of commercial property casualty and personal insurance in the United States. ... For an overview of the Twin Cities metropolitan area, see Minneapolis-Saint Paul. ...

Public companies

The following table lists the public companies headquartered in Minnesota with 2006 revenues placing them in the 1000 largest U.S. companies.[2]

State Rank
by Revenue
Company Name National
Rank
Revenue ($millions)
2006 estimate
Headquarters City Known for
1 UnitedHealth Group 21 71,542 Minnetonka -
2 Target 33 59,490 Minneapolis Retailing
3 Best Buy 72 30,848 Richfield Retailing
4 Travelers Companies 89 25,090 St. Paul P & C, Prof. Liability Insurance
5 3M 97 22,923 Maplewood Diversified manufacturing
6 Supervalu 117 19,864 Eden Prairie Food Distribution
7 U.S. Bancorp 123 19,109 Minneapolis Banking and financial services
8 CHS, Inc. 166 14,384 Inver Grove Hgts. Fuel Distribution
9 Northwest Airlines 195 12,568 Eagan Airline
10 General Mills 213 11,640 Golden Valley Food Processing
11 Medtronic 222 11,292 Fridley Medical Devices
12 Xcel Energy 251 9,848 Minneapolis Electricity Production and Dist.
13 Ameriprise 297 8140 Minneapolis Financial Planning
14 Land O'Lakes 329 7,102 Arden Hills Dairy Products
15 C.H. Robinson Worldwide 349 6,556 Eden Prairie Logistic Services
16 Thrivent Fin. for Lutherans 370 6,165 Minneapolis Financial Products
17 Hormel Foods 403 5,746 Austin Meat Processing
18 Mosaic 427 5,306 Plymouth Fertilizer Mfg.
19 Ecolab 457 4,896 St. Paul Sanitation Supplier
20 Nash Finch 476 4,632 Edina Food Distribution
21 PepsiAmericas 531 3,972 Minneapolis Bottling
22 St. Jude Medical 605 3,302 St. Paul Medical Devices
23 Alliant Techsystems 617 3,217 Edina Defense Contractor
24 Pentair 623 3,155 Golden Valley Water Treatment
25 Valspar 653 2,978 Minneapolis Paint and Coatings
26 Patterson 719 2,615 St. Paul Dental and Veterinarian Supplies
27 Minnesota Life 756 2,450 St. Paul Life Insurance
28 Regis 761 2,431 Edina Hair Salons
29 Toro 909 1,836 Bloomington Power lawn tools
30 Fastenal 918 1,809 Winona Fastener Manufacturer
31 Donaldson 948 1,694 Minneapolis Filtration Products
32 Polaris Industries 962 1,657 Medina Snowmobiles and ATVs
33 Deluxe 969 1,640 Shoreview Check Printing
34 Imation 995 1,585 Oakdale Data Storage Products

UnitedHealth Group Incorporated NYSE: UNH is a managed health care company. ... This article is about the United States retail company. ... This article is about the city in Minnesota. ... For the defunct chain of catalog showrooms, see Best Products. ... location in Hennepin County, Minnesota Coordinates: Country United States State Minnesota County Hennepin Founded 1850s Incorporated 1908  - Mayor Debbie Goettel (elected 2006) Area    - City 18. ... The Travelers Companies (NYSE: TRV) is the second largest underwriter of commercial property casualty and personal insurance in the United States. ... State capitol building in Saint Paul Saint Paul is the capital and second-largest city of the state of Minnesota in the United States of America. ... 3M Company (NYSE: MMM), formerly Minnesota Mining and Manufacturing Company until 2002, is an American corporation with a worldwide presence. ... Maplewood, incorporated in 1957, is a city in Ramsey County, Minnesota, United States. ... Supervalu Inc. ... Eden Prairie is a city located in Hennepin County, Minnesota. ... It has been suggested that Firstar Corporation be merged into this article or section. ... Cenex, originally Farmers Union Central Exchange, is a brand name of Cenex Harvest States Cooperatives, a United States cooperative. ... Inver Grove Heights is a city located in Dakota County, Minnesota. ... Northwest Airlines (NYSE: NWA), occasionally known as NWA, is an American airline headquartered in Eagan, Minnesota, near Minneapolis-St. ... Eagan is a city located in Dakota County, Minnesota. ... General Mills (NYSE: GIS) is a Fortune 500 corporation, mainly concerned with food products, which is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis. ... Golden Valley is a city in Hennepin County, Minnesota, United States. ... Medtronic, Inc. ... Fridley is a city in Anoka County, Minnesota, United States. ... Xcel Energy, Inc. ... Im proud and honored to announce the next generation of American Express Financial Advisors. ... This article is about the growers cooperative; for the Florida town, see Land O Lakes, Florida, for the Wisconsin town, see Land OLakes, Wisconsin. ... Arden Hills is a city located in Ramsey County, Minnesota. ... C.H. Robinson Worldwide, Inc. ... The entrance sign in Appleton shows the corporate logo Corporate Center in Minneapolis Operations Center in Appleton Appleton entrance Thrivent Financial for Lutherans (first word pronounced THRIVE-int IPA pronunciation: ) is a Fortune 500 financial services organization with dual corporate headquarters based in Minneapolis, Minnesota and Appleton, Wisconsin. ... Hormel Foods Corporation NYSE: HRL is probably best known as the producer of SPAM luncheon meat. ... Interstate 90 Business Loop (Oakland Avenue) runs through the center of Austin. ... The Mosaic Company (NYSE: MOS) is a Fortune 500 company based in Plymouth, Minnesota. ... Plymouth is a city located in Hennepin County, Minnesota. ... Ecolab is a $4. ... The Nash Finch Company is an Edina, Minnesota based Fortune 500 company. ... PepsiAmericas, Inc. ... St. ... Alliant Techsystems NYSE: ATK is a major US aerospace and defense contractor with sales of approximately USD $3. ... location in Hennepin County, Minnesota Coordinates: , Country State County Hennepin Founded 1860s Incorporated 1888 Government  - Mayor James Hovland Area  - City 16 sq mi (41. ... Pentair is a company focused on water technologies and enclosures for electronic products. ... The Minnesota Life Insurance Company was founded in St. ... Regis Corporation is the largest hair salon chain in the world, with over 11,000 salons (including both company-owned and franchises), it is ranked 778 on the Fortune 1000. ... The Toro Company (NYSE: TTC) is an American manufacturer of lawnmowers and other lawn care tools, founded in 1919. ... location in Hennepin County, Minnesota Coordinates: Country United States State Minnesota County Hennepin Founded 1843 Incorporated 1858 Mayor Gene Winstead Area    - City 99. ... Fastenal is a company founded in 1967, based in Winona, Minnesota by Bob Kierlin. ... Winona is the county seat of Winona County6. ... Polaris Industries manufactures a full line of all-terrain vehicles (ATV), snowmobiles, Ranger utility vehicles in 2wd, 4wd or 6wd, Victory Motorcycles and EU rated quadcycles. ... Medina is a city located in Hennepin County, Minnesota. ... Shoreview is a city located in Ramsey County, Minnesota. ... An Imation USB Flash Drive and CD-R Imation Corporation NYSE: IMN is an American corporation spun off from 3M, with a worldwide presence that produces mainly data storage products. ... Oakdale is a city located in Washington County, Minnesota. ...

Energy use and production

See also: Common ethanol fuel mixtures
Wind turbines in western Minnesota

The state does not produce any petroleum of its own but boasts the largest oil refinery of any non-oil-producing state, the Pine Bend Refinery. As of 2001, Minnesotans were using a total of 7.2 million gallons of gasoline per day, and fuel use rises in the region by about 2% annually. About 70% of the gasoline fuel used in the state comes from Pine Bend and the nearby St. Paul Park Refinery, while most of the rest comes from a combination of the Mandan Refinery in North Dakota, and the Superior Refinery in Superior, Wisconsin. 40 to 50% of Pine Bend's output is used within the state. Flint Hills is currently planning a $100 million expansion to increase capacity at the plant to about 330,000 barrels per day. Petroleum from the north comes to the state through one of the longest pipelines in the world, the Lakehead Pipeline and the Minnesota Pipeline. Additional crude comes from the south via the Wood River Pipeline. It has been suggested that Gasoline type C be merged into this article or section. ... Image File history File links No higher resolution available. ... Image File history File links No higher resolution available. ... Pumpjack pumping an oil well near Lubbock, Texas Ignacy Łukasiewicz - inventor of the refining of kerosene from crude oil. ... View of Shell Oil Refinery in Martinez, California. ... The Pine Bend Refinery is the largest oil refinery in Minnesota, located in the Twin Cities suburbs of Rosemount and Inver Grove Heights next to southern split of U.S. Highway 52 and Minnesota State Highway 55. ... Year 2001 (MMI) was a common year starting on Monday (link displays the 2001 Gregorian calendar). ... “Petrol” redirects here. ... Official language(s) English Capital Bismarck Largest city Fargo Area  Ranked 19th  - Total 70,762 sq mi (183,272 km²)  - Width 210 miles (340 km)  - Length 340 miles (545 km)  - % water 2. ... The city of Superior sits at the junction of U.S. Highway 2 and U.S. Highway 53, and is the county seat of Douglas County, Wisconsin. ... The Lakehead Pipeline, also known as the Lakehead System, is one of the largest oil pipeline systems in the world, totaling 3,100 miles (4,990 km) in length including multiple paths. ... The Minnesota Pipeline (or Minnesota Pipe Line) is a crude oil pipeline that runs from Clearbrook, Minnesota southward to the Twin Cities. ...

Ethanol fuel is produced in the state, and consumer gasoline is required to contain 10% ethanol (E10). As of 2006, Minnesota is the only U.S. state with such a mandate. 20% ethanol (E20) will be mandated in 2013.[11] Minnesota has the highest number of fuel stations offering E85 fuel, with 300 statewide.[12] A 2% biodiesel blend has also been required in diesel fuel since 2005. Electricity-producing wind turbines have become popular, particularly in the windy southwest region on the Buffalo Ridge. As of November 2006, the state is the country's fourth-largest producer of wind power, with 812 megawatts installed and another 82 megawatts planned.[13] Image File history File links Metadata Size of this preview: 800 × 533 pixelsFull resolution (3456 × 2304 pixel, file size: 1. ... Image File history File links Metadata Size of this preview: 800 × 533 pixelsFull resolution (3456 × 2304 pixel, file size: 1. ... USPS and Usps redirect here. ... Logo used in the United States for E85 fuel E85 is an alcohol fuel mixture that typically contains a mixture of up to 85% denatured fuel ethanol and gasoline or other hydrocarbon by volume. ... For an overview of the Twin Cities metropolitan area, see Minneapolis-Saint Paul. ... Information on pump, California. ... “Petrol” redirects here. ... Ethanol (ethyl alcohol) and methanol (methyl alcohol) are two types of alcohol fuels. ... Logo used in the United States for E85 fuel E85 is an alcohol fuel mixture that typically contains a mixture of up to 85% denatured fuel ethanol and gasoline or other hydrocarbon by volume. ... This article is about transesterified plant and animal oils. ... This article is about the fuel. ... For other uses, see Electricity (disambiguation). ... Horizontal-axis wind turbine, the Enercon model E-66 wind energy converter, in Germany. ... Buffalo Ridge is a large expanse of rolling hills in the southeastern part of the larger Coteau des Prairies, and is the second highest point in Minnesota standing 1,995 feet (608 m) above sea level. ... An example of a wind turbine. ... The megawatt (symbol: MW) is a unit for measuring power corresponding to one million (106) watts. ...


Like other Midwestern states that experience cold winters, Minnesota is heavily dependent on natural gas for home heating. Just over two-thirds of homes use the fuel.
For other uses, see Natural gas (disambiguation). ...


State taxes

Minnesota's income tax is slightly progressive with three rates, 5.35%, 7.05% and 7.85%.[14] The sales tax in Minnesota for most items is 6.5%. The state does not charge sales tax on clothing, some services, or food items for home consumption.[15] The state legislature may allow municipalities to institute local sales taxes and special local taxes, such as the 0.5% supplemental sales tax in Minneapolis.[16] The cities of St. Paul, Rochester, Duluth and St. Cloud have similar taxes. Excise taxes are levied on alcohol, tobacco, and motor fuel. The state imposes a use tax on items purchased elsewhere but used within Minnesota. Owners of real property in Minnesota pay property tax to their county, municipality, school district, and special taxing districts. The overall state and local tax burden is calculated to average 11.9% in 2006, ranking 4th highest in the country.[17]
A progressive tax is a tax imposed so that the tax rate increases as the amount to which the rate is applied increases. ... A sales tax is a consumption tax charged at the point of purchase for certain goods and services. ... Clothing protects the vulnerable nude human body from the extremes of weather, other features of our environment, and for safety reasons. ... This article is about a term used in economics. ... The Minnesota State Legislature is the legislative branch of government in the U.S. state of Minnesota. ... Look up Excise in Wiktionary, the free dictionary. ... Tax rates around the world Tax revenue as % of GDP Part of the Taxation series        A use tax is a type of excise tax levied in the United States. ... This article does not cite any references or sources. ... Property tax, millage tax is an ad valorem tax that an owner of real estate or other property pays on the value of the property being taxed. ...


References

  1. ^ News Release: Gross Domestic Product (GDP) by State, 2005. U.S. Department of Commerce (2006). Retrieved on 2006-12-12.
  2. ^ a b Fortune 500 2007. Our annual ranking of America's largest corporations. CNNMoney.com; Cable News Network LP, LLLP. A Time Warner Company (2007). Retrieved on 2007-05-11.
  3. ^ Bureau of Economic Analysis: Regional Economic Accounts. U.S. Department of Commerce. Retrieved on 2006-06-22.
  4. ^ DP-3. Profile of Selected Economic Characteristics: 2000. U.S. Census Bureau. Retrieved on 2006-12-12.
  5. ^ DP-3. Profile of Selected Economic Characteristics: 2000. U.S. Census Bureau. Retrieved on 2006-12-12.
  6. ^ a b Wealth of Resources. Positively Minnesota. Minnesota Department of Employment and Economic Development (2006). Retrieved on 2006-12-13.
  7. ^ Minnesota's Forest Resources 2004. U.S. Dept. of Agriculture. Retrieved on 2006-12-12.[
  8. ^ Environmental Information Report, App. D Socioeconomic Information (PDF) (2003-05-30). Retrieved on 2006-11-19.
  9. ^ Philanthropy 400: Minnesota. The Chronicle of Philanthropy (2006). Retrieved on 2007-05-20.
  10. ^ Reifman, Shlomo and Samantha N. Wong (2006-11-09). The Largest Private Companies: Minnesota. Forbes. Retrieved on 2007-05-20.
  11. ^ 2005 Senate Bill 4 (Ethanol Mandate Increase). Minnesota Votes. Retrieved on 2006-11-26.
  12. ^ Minnesota Commerce : E85 Fuel Station List Consumer Info and Services. Minnesota Department of Commerce. Retrieved on 2006-10-19.
  13. ^ Wind Energy Projects Throughout the United States of America. The American Wind Energy Association. Retrieved on 2006-11-26.
  14. ^ Minnesota income tax rates for 2005/2006. Minnesota Department of Revenue. Retrieved on 2006-11-26.
  15. ^ Sales tax fact sheets. Minnesota Department of Revenue. Retrieved on 2006-11-26.
  16. ^ Local Sales Tax and Use (PDF). Retrieved on 2006-11-26.
  17. ^ Minnesota State-Local Tax Burden Compared to U.S. Average (1970–2006). Tax Foundation (2006).

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