The Maplewood-based company’s revenue fell 0.1% last year, and there are higher expectations for 2025.
More from MN Fortune 500
MN Fortune 500
Hormel CEO Jim Snee to retire after 8-year tenure that included tumultuous pandemic era
He oversaw the largest acquisition in the company’s history, plus changes after COVID-19’s disruption.
January 14, 2025
Agriculture
Land O’Lakes CEO Beth Ford will lead immigration committee on influential Business Roundtable
Ford is the only Minnesota executive this year on the national CEO group’s board.
January 10, 2025
Agriculture
CHS profits plummet alongside lower global fuel, grain prices
Commodity markets are in a down cycle, and the Minnesota-based cooperative expects it to persist this year.
January 8, 2025
MN Fortune 500
Minnesota tech on display at country’s biggest consumer electronics show, with 3M leading the way
Target, Digi, Element Electronics and others also will try to wow the 100,000-plus attendees at the world’s biggest personal tech trade show.
January 7, 2025
MN Fortune 500
3M tech making it easier for drivers to see on dark, rainy roads
The company’s pavement markings business, struggling to gain market share, boasts the only tapes and paint additives that maintain reflectivity when wet.
January 4, 2025
Economy
Minnesota H-1B workers nearly double in decade as businesses rely on visas more than ever
Mayo Clinic received the most H-1B visas among employers in the state in fiscal 2024, followed by the University of Minnesota.
January 4, 2025
Real Estate
Former UnitedHealth HQ building goes into receivership as loan deadline looms for owner
The Minnetonka building is now empty after UnitedHealth moved employees to one of its Eden Prairie buildings.
January 2, 2025
Politics
The EPA promotes toxic fertilizer. 3M told it of risks years ago.
The agency obtained research from 3M in 2003 revealing that sewage sludge, the raw material for the fertilizer, carried toxic “forever chemicals.”
December 27, 2024
Health Care
UnitedHealth Group waives deadlines to complete $3.3B home health acquisition
The Department of Justice is suing to block the deal for Amedisys over antitrust concerns.
December 27, 2024
Retail
As General Mills’ market lead narrows, CEO says company must ‘behave like the leader’
As lower-priced store brands continue to gain market share, Minnesota’s reigning category leader is not resting on its laurels.
December 23, 2024
MN Fortune 500![GLEN STUBBE � gstubbe@startribune.com -- Tuesaday, July 13, 2010 -- St. Cloud, Minn. -- ] Arctic Cat's St. Cloud plant. The company recently announced plans to produce snowmobile engines there making them more vertically-integrated. ORG XMIT: MIN2012091320223569 ORG XMIT: MIN1304051542286038](https://arc.stimg.co/startribunemedia/EIPHX4JD3ZG252WMI7S4SPEDQI.jpg?&w=252&ar=3:2&fit=crop)
Arctic Cat owner stopping all production, could sell the Minnesota snowmobile and ATV maker
Textron Inc. had already announced it was halting factory work in Thief River Falls and cutting the workforce; now, St. Cloud operations also will be affected as powersports industry continues to hit bumps.
December 19, 2024
MN Fortune 500
Texas attorney general sues 3M, DuPont for ‘falsely advertising’ PFAS as safe
The state accuses the companies behind Scotchgard and Teflon of violating the Deceptive Trade Practices Act.
December 18, 2024