4 MN Cos. Make Fortune’s “Most-Admired” List
Four Minnesota companies ranked among Fortune magazine's “most admired companies” list: 3M Company, Target Corporation, Best Buy Company, Inc., and General Mills, Inc.
Apple, Inc., topped the list-for the fourth year in a row. Google, Inc., took second.
Maplewood-based 3M ranked 15th, beating out all other companies in the medical and other precision equipment category. The company ranked high across the board but was recognized as a leader in innovation, people management, and its use of corporate assets.
Minneapolis-based Target landed in the 22nd spot, ranking second among general merchandisers, behind Wal-Mart. Target also received high marks in a variety of categories, including quality of management, and innovation.
Richfield-based Best Buy was named the 36th most-admired company in the United States. It too received high marks in the innovation category.
Golden Valley-based General Mills sat near the bottom of list in 47th place. It placed fourth in the consumer food products sector.
View the full list here.
All four of the Minnesota companies on Fortune's most-admired list rank among the state's largest companies based on revenue.
In other news, 3M ranked among the 100 Best Corporate Citizens list that was recently released by Corporate Responsibility Magazine. A handful of other Minnesota companies also made the cut.