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  • U.S. subsidiaries in Minnesota play a vital role in supporting jobs. They now employ 86,500 Minnesotans.
  • Minnesota has proven to be an attractive location for international employers, ranking 22nd in the United States in the number of employees supported by U.S. subsidiaries.
  • In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries remains strong. They provide the livelihood for almost 4% of Minnesota's private-sector workforce.

  • U.S. subsidiaries support 24,600 manufacturing jobs in Minnesota. Manufacturing companies tend to have a strong "multiplier" effect on the economy—stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.
  • Over 7% of manufacturing jobs in Minnesota are supported by U.S. subsidiaries.
  • U.S. subsidiaries’ employment in Minnesota is heavily concentrated in manufacturing. Nearly 30% of these jobs are in manufacturing industries.

  • U.S. subsidiaries consistently support millions of American jobs. They now employ 5.3 million Americans-or 4.5% of private sector employment.
  • U.S. subsidiaries support an annual payroll of $364.2billion.
  • U.S. subsidiaries provide an average compensation per U.S. worker of $68,317; this is 32% higher than compensation at all U.S. companies.
  • U.S. subsidiaries also spent $160 billion on plant construction and new equipment.
  • U.S. subsidiaries' share of U.S. manufacturing employment represents almost 11% of American manufacturing jobs.


Coloplast, a U.S. subsidiary of a global health care products and services company based in Denmark, announced that it will relocate its North American headquarters to Minneapolis. The new headquarters will add at least 300 corporate jobs to the region. The move will allow the company to double the size of its headquarters to nearly 500,000 square feet for office, research and development and production activities.

AEGON USA
Aldi Inc.
Allianz
AMEC
Arkema Inc.
BAE Systems, Inc.
BASF
Bridgestone Americas
BT
Cadbury Schweppes
Case New Holland
Coloplast
Covidien
Deutsche Telekom/T-Mobile
Electrolux
Fuji Photo Film Inc.
GlaxoSmithKline
HSBC
ING
Nestlé USA, Inc.
Oldcastle Inc.
Pearson Inc.
Philips
Reed Elsevier
Rexam
Robert Bosch
sanofi-aventis U.S.
Siemens
Sodexo
Syngenta
The Nielsen Company (US), Inc.
Thomson Reuters
Tyco
Zurich North America