Minnesota companies bookend Forbes annual ranking of America's largest private companies.
Forbes has done a ranking of private companies for 32 years, for the last 30 years Minnetonka-based Cargill has been ranked the largest private companyin the U.S.
The 2016 list includes 223 companies with revenues of $2 billion or more.
Last on this year’s list is Mankato-based Taylor Corp. with an estimated $2 billion in annual revenue and 10,000 employees. In all eight Minnesota companies made Forbes’ list of 223 companies.
Glen Taylor is founder and principal shareholder of Mankato-based Taylor Corp.. He also owns the Minnesota Timberwolves and the Star Tribune as separate companies.
Other Minnesota companies to make the list include: Carlson (#88), Mortenson (#115), Holiday Companies (#133), Rosen’s Diversified (#136), Schwan Food (#154), Andersen Corp. (#187).
Minneapolis based Mortenson Construction moved up the most spots among the Minnesota companies. They moved up 36 spots from last year's list on 2015 revenue of $3.7 billion.
For a complete list of the companies from Forbes see www.forbes.com/largest-private-companies
Cargill with $120.4 billion in annual revenue and 153,000 employees is once again the largest private company in the U.S. For years they’ve also been the largest company in Minnesota but recently Minnetonka neighbor UnitedHealth Group, a publicly traded company, has surpassed them in annual revenue. In 2015 the diversified health care giant had annual revenue of $156 billion and analysts estimate UnitedHealth will have revenue of $183 billion for 2016