2 MN Cos. Make Fortune’s “Blue Ribbon” List
Fortune magazine announced its list of “Blue Ribbon Companies” Tuesday, and 3M and Target were both named among the “all-star” companies of 2013.
The money-minded publication has a penchant for ranking companies, releasing lists like “World’s Most-Admired Companies” and “Best Companies To Work For” throughout the year. Now that the year is coming to a close, the magazine has made a list of companies that appeared most frequently on its lists in 2013.
The first tier of companies all made five list appearances. They include American Express, Apple, Goldman Sachs, Google, Intel, and Microsoft. Those companies all made the “Fortune 500” list, as well as the “Global 500” list, both of which rank companies based on total revenue. All top-tier companies except Apple made both the “100 Best Companies To Work For” and “100 Top MBA Employers” lists—both of which Google topped. While Apple wasn’t one of the best companies to work for, it was one of Fortune’s “Fastest-Growing Companies.”
Maplewood-based 3M made the second tier of Fortune’s “Blue Ribbon” list by making an appearance on four of the magazine’s annual lists. 3M ranked 101st on the Fortune 500 list, 382nd on the “Global 500,” 24th on “Top MBA Employers,” and 21st on the “World’s Most Admired Companies” list, the highest position held by a medical equipment company.
Minneapolis-based Target joined 3M as a four-time winner. Target ranked 36th on the Fortune 500 list, 113th on the “Global 500,” 22nd on the “World’s Most Admired Companies” list, and 35th among “Top MBA Employers.”
San Francisco-based Wells Fargo, which has a major presence in Minnesota, also made four lists. It ranked 25th on the Fortune 500 list, 78th on the “Global 500,” 38th for “World’s Most Admired Companies,” and 87th among “Top MBA Employers.”
The following companies also made the “Blue Ribbon” list by making four Fortune list appearances: Abbott Laboratories, Accenture, Aflac, Amazon, AT&T, Caterpillar, Boeing, Chevron, Cisco Systems, Coca-Cola, Exxon Mobil, FedEx, General Electric, IBM, JPMorgan Chase, Johnson & Johnson, Lockheed Martin, Marriott International, Merck, Nike, Nordstrom, PepsiCo, Procter & Gamble, Publix Super Markets, Starbucks, Wal-Mart, and Walt Disney.
In addition to 3M and Target, St. Jude Medical in Little Canada also made Fortune’s “Most Admired Companies” list earlier this year. And Fortune’s “Fastest-Growing Companies” list, released in August, included Medina-based Polaris and Wayzata-based Northern Oil and Gas.