 St. Jude Medical represents a growing biomedical industry spawned by university research, and Rochester is the headquarters of the world-famous Mayo Clinic.UnitedHealth Group is the second largest health insurance company in the U.S.

Financial institutions include U.S. Bancorp, Ameriprise and Thrivent Financial for Lutherans.As might be expected in state with a love of the outdoors, boats and other recreational products are manufactured by a number of Minnesota companies, including Polaris Industries and Arctic Cat, who make snowmobiles and ATVs, Alumacraft Boat Company, and Lund Boats.