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The 30 largest companies with in-house R&D in Minneapolis

Tamtam tracks 31 companies with in-house R&D headquartered in Minneapolis. This list ranks the 30 largest by number of employees on LinkedIn, led by Medtronic, General Mills and Xcel Energy. Their median headcount is 431. Half of them were founded in 1975 or later.

馃嚭馃嚫 Minneapolis30 companiesUpdated Nov 12, 2026

This list features companies with in-house R&D based in Minneapolis, predominantly large and mid-sized firms. The selection includes companies like Medtronic, a healthcare technology company, and General Mills, which produces food products. Other notable firms are Xcel Energy, providing energy services, and The Toro Company, which offers equipment and solutions for various outdoor industries.

The companies here represent a mix of established sectors, with a strong presence in manufacturing, particularly medical equipment and industrial machinery. There is also a significant cluster of firms founded in the early to mid-20th century, such as General Mills (1928), Graco (1926), and Daikin Applied Americas (1924).

#CompanyIndustryHeadquarters EmployeesFounded
1
Medtronicmedtronic.com

A healthcare technology company tackling challenging health issues worldwide with innovative solutions that significantly impact and improve lives

Medical Equipment Manufacturing 馃嚭馃嚫 Minneapolis 100,323 n/a
2
General Millsgeneralmills.com

The company is dedicated to creating beloved food products while prioritizing positive impact, learning, innovation, and growth through collaboration and leadership

Manufacturing 馃嚭馃嚫 Minneapolis 25,309 1928
3
Xcel Energyxcelenergy.com

providing reliable, resilient, and sustainable energy services to customers across eight states, focusing on excellent service and growth opportunities

Utilities 馃嚭馃嚫 Minneapolis 12,073 n/a
4
The Toro Companythetorocompany.com

Portfolio of global brands providing innovative equipment and solutions for landscaping, construction, irrigation, and outdoor maintenance industries worldwide.

Machinery Manufacturing 馃嚭馃嚫 Minneapolis 6,275 n/a
5
Gracograco.com

A global leader in fluid handling systems and components, providing technology for fluid management in industrial and commercial settings through innovative products and distribution channels

Machinery Manufacturing 馃嚭馃嚫 Minneapolis 4,942 1926
6
Daikin Applied Americasdaikinapplied.com

Provides advanced HVAC systems focusing on air quality, energy efficiency, IoT integration, and next-generation compressors through global sales and service network.

Industrial Machinery Manufacturing 馃嚭馃嚫 Minneapolis 4,833 1924
7
Entrustentrust.com

Provides identity-centric security solutions, protecting people, devices, data. Fights fraud, cyber threats, secures identity lifecycle, ensures transaction confidence. Global presence, 150 countries.

Software Development 馃嚭馃嚫 Minneapolis 3,755 n/a
8
Sleep Number Corporationsleepnumber.com

Company improves health and wellbeing through innovative sleep products, operating retail stores, distribution centers, and supporting diverse workforce nationwide.

Retail 馃嚭馃嚫 Minneapolis 3,632 1987
9
Bio-Technebio-techne.com

A leading developer and manufacturer of high-quality purified proteins, reagent solutions, diagnostic products, and genomic tools for research and clinical use globally

Biotechnology Research 馃嚭馃嚫 Minneapolis 2,924 n/a
10
NMDPnmdp.org

A global non-profit leader in cell therapy, connecting researchers, donors, and clinicians to save lives by finding cures for blood cancers and disorders

Non-profit Organizations 馃嚭馃嚫 Minneapolis 2,382 1987
11
Perforce Softwareperforce.com

Leader in digital product development, providing innovative solutions for faster and higher quality output through the power of Perforce technology

Software Development 馃嚭馃嚫 Minneapolis 2,028 1995
12
HealthEastfairview.org

A leading nonprofit healthcare provider in Minnesota offering a full range of services including hospitals, clinics, senior care, rehabilitation, and home health services with compassion

Hospitals and Health Care 馃嚭馃嚫 Minneapolis 1,830 n/a
13
Federal Reserve Bank of Minneapolisminneapolisfed.org

Support national monetary and financial system stability, uphold ethical standards, embrace diversity, and provide development opportunities for workforce excellence.

Banking 馃嚭馃嚫 Minneapolis 1,047 n/a
14
University of Minnesota College of Science and Engineeringcse.umn.edu

The organization is the UMN College of Science and Engineering, part of the University of Minnesota, focusing on education and research

Higher Education 馃嚭馃嚫 Minneapolis 582 1935
15
University of Minnesota School of Public Healthsph.umn.edu

Top public health school dedicated to researching and solving serious health issues, supporting alumni, students, faculty, and community in improving lives

Higher Education 馃嚭馃嚫 Minneapolis 431 1944

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16
MGKmgk.com

A family-run company since 1902, specializing in innovative insect control products for consumer, crop-protection, and professional pest control markets globally

Chemical Manufacturing 馃嚭馃嚫 Minneapolis 387 1902
17
Flagstone Foodsflagstonefoods.com

Flagstone Foods is a leading private label snacking company in North America, specializing in healthy snacks like nuts, trail mixes, and dried fruits

Food and Beverage Manufacturing 馃嚭馃嚫 Minneapolis 373 2010
18
Minco Products, Incminco.com

provides advanced engineered solutions combining product technologies, design, and engineering for medical, aerospace, defense, and high-reliability applications worldwide

Appliances, Electrical, and Electronics Manufacturing 馃嚭馃嚫 Minneapolis 334 1956
19
Apogee Enterprises, Inc.apog.com

Design and manufacture glass and aluminum window, storefront, curtainwall systems, and protective glass products for buildings and framing markets.

Wholesale Building Materials 馃嚭馃嚫 Minneapolis 286 1949
20
Kurt Manufacturingkurt.com

We are a driven, innovative company that strives to exceed industry standards and deliver quality products with precision, passion, and loyalty

Machinery Manufacturing 馃嚭馃嚫 Minneapolis 279 1946
21
CVRx | Barostimcvrx.com

A medical devices company in Minneapolis, MN, using proprietary implantable technology to treat high blood pressure and heart failure

Medical Equipment Manufacturing 馃嚭馃嚫 Minneapolis 255 2001
22
AWT Labels & Packagingawtlabelpack.com

A leader in innovative and sustainable solutions for labeling, packaging, and converting, servicing Healthcare, Consumer Brands, and Technology clients worldwide

Printing Services 馃嚭馃嚫 Minneapolis 217 1976
23
University of Minnesota College of Designdesign.umn.edu

The College of Design in the Twin Cities offers education, research, and innovation in various design disciplines with a focus on creativity and advancing technologies

Primary and Secondary Education 馃嚭馃嚫 Minneapolis 216 2006
24
ProteinSimple, a Bio-Techne brandbio-techne.com

Leader in rethinking protein tools with a wide-ranging portfolio including immunoassay and structural analysis systems to help researchers gain new insights into proteins and diseases

Biotechnology Research 馃嚭馃嚫 Minneapolis 183 2004
25
Resolution Medicalresolutionmedical.com

A company providing innovative business solutions to the medical device industry, focusing on high quality, exceptional customer service, and continuous life improvement

Medical Equipment Manufacturing 馃嚭馃嚫 Minneapolis 179 2012
26
Apothecary Productsapothecary-brands.com

A consumer products company founded in 1975, focused on self-care and wellness solutions with innovative brands, international presence, and patented products

Consumer Goods 馃嚭馃嚫 Minneapolis 135 1975
27
Omnetics Connector Corporationomnetics.com

Design and manufacture micro-miniature and nano-miniature high-reliability electronic connectors and interconnection systems for military, aerospace, medical, and high-tech OEMs.

Appliances, Electrical, and Electronics Manufacturing 馃嚭馃嚫 Minneapolis 128 1984
28
AMETEK Paragon Medicalparagonmedical.com

A global leader in medical technology design and manufacturing, offering state-of-the-art solutions for clinical applications through custom interconnects, catheter components, and precision laser machining services

Medical Equipment Manufacturing 馃嚭馃嚫 Minneapolis 117 1972
29
Nidec America Corporation

An electrical and electronic manufacturing company headquartered in Minneapolis, specializing in producing a wide range of products

Appliances, Electrical, and Electronics Manufacturing 馃嚭馃嚫 Minneapolis 50 n/a
30
Decca Contract Furnituredeccacontract.com

A luxury furniture manufacturer specializing in high-quality, custom cabinetry with a commitment to sustainability and responsible business practices

Furniture and Home Furnishings Manufacturing 馃嚭馃嚫 Minneapolis 18 n/a

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 12, 2026.

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