Austria-based Rosenbauer is the world's largest producer of custom fire trucks worldwide, with 14 factory locations, including Wyoming, Minnesota. Hear from employees and leadership about how Rosenbauer is working with the State of Minnesota on workforce development and growing its talent pipeline.
Foreign Investment in Minnesota: By the Numbers
A snapshot of how global investment shapes Minnesota’s economic landscape.
- #of foreign owned businesses operating in Minnesota: 1,200
- #of employees: 168,500
- Value of foreign investment: $42 billion
(Gross investment in property, plant and equipment)
Sources:
Investment and employment data: Activities of Multinational Enterprises, BEA, 2022 (latest available).
Business count: Uniworld, DEED research of public announcements.
Why Minnesota for Foreign Businesses
In Minnesota, domestic and international businesses have a legacy of building things that last while changing the global economy for the better. From the state’s top-rated transportation and utility infrastructure to highly skilled workforce to cross-industry commitment to innovation and inclusive growth, Minnesota is the Star of the North.
Guidance on Foreign Investment in Minnesota
The Minnesota Trade Office’s (MTO) Office of Foreign Direct Investment is the dedicated team that can assist businesses in learning about Minnesota, finding the right site, making industry connections, and accessing incentives.
The MTO has foreign offices covering 131 countries including offices in Canada, Japan, the European Union and the United Kingdom, as well as 12 partner representatives on five continents available to help Minnesota companies export into new markets.
When businesses invest in Minnesota, Minnesota invests in their long-term success. The MTO’s expert consultants will guide companies through the site location process step by step. Minnesota also ensures companies have a steady supply of highly skilled workers through industry collaborations on workforce training and development. Foreign trade experts at the Minnesota Trade Office can also assist with market and industry insights and technical advice.
For additional information on Minnesota's Economic Development Programs and Services in the updated Resource Guide.