Minnesota Life
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The Minnesota Life Insurance Company was founded in St. Paul, Minnesota in 1880 as a mutual insurance company. It was originally organized as a mutual because a general distrust of stockholder-owned businesses prevailed at that time and there was a shortage of people willing to buy stock.
In 1998, Minnesota Life Insurance Company converted from a mutual to a stock company and concurrently established a mutual life insurance holding company. The company, in that process, became a wholly owned subsidiary of Securian Financial Group, Inc.
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| Minnesota-based Corporations |
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| Minnesota-based Fortune 500 Corporations (by size): Target Corporation | UnitedHealth Group | Best Buy | Travelers | 3M | Supervalu | U.S. Bancorp | Northwest Airlines | CHS | General Mills | Medtronic | Xcel Energy | Land O'Lakes | Thrivent Financial for Lutherans | C. H. Robinson Worldwide | Hormel | Nash Finch | Ecolab | The Mosaic Company |
| Minnesota-based Fortune 1000 Corporations (by size): Companies listed above, plus PepsiAmericas | Bemis Company | Pentair | St. Jude Medical | Alliant Techsystems | Valspar | Patterson Companies | Minnesota Life | Regis Corporation | Polaris Industries | Toro | Deluxe Corporation | Donaldson Company | Fastenal | H.B. Fuller | Federated Mutual Insurance | Ceridian |
| Major Minnesota-based non-public or externally owned corporations (alphabetically): Andersen Windows | Cargill | Carlson Companies | Dairy Queen | Musicland | Schwan Food Company |
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