Iowa's Corporate Giants: The Largest Companies in the Hawkeye State

Iowa, known for its rolling plains and agricultural prowess, is also home to several major corporations that have made significant impacts on both national and global scales. From retail giants to financial powerhouses, these companies have helped shape Iowa's economy and business landscape.

Retail Behemoth: Hy-Vee

Topping the list of Iowa's largest companies is Hy-Vee, a supermarket chain that has become a household name in the Midwest. Founded in 1930, Hy-Vee has grown to employ over 88,000 people across eight states. With its headquarters in West Des Moines, Hy-Vee has consistently ranked as one of the largest private companies in the United States, boasting annual revenues exceeding $10 billion.

Financial Services Leader: Principal Financial Group

Des Moines-based Principal Financial Group stands out as a global leader in financial services. Offering a wide range of investment, insurance, and retirement solutions, Principal Financial has established itself as a Fortune 500 company. With over $700 billion in assets under management, it continues to be a cornerstone of Iowa's financial sector.

Energy Innovation: MidAmerican Energy

A subsidiary of Berkshire Hathaway, MidAmerican Energy is headquartered in Des Moines and serves millions of customers across the Midwest. Known for its commitment to renewable energy, MidAmerican has invested heavily in wind power, positioning Iowa as a leader in clean energy production.

Agricultural Giant: Corteva Agriscience

While technically a spinoff from DowDuPont, Corteva Agriscience has made its home in Johnston, Iowa. This agricultural chemical and seed company has a global reach and plays a crucial role in the state's dominant agricultural sector.

Convenience Store King: Casey's General Stores

Based in Ankeny, Casey's General Stores has grown from a single store in 1968 to over 2,000 locations across 16 states. Known for its pizza and other prepared foods, Casey's has carved out a unique niche in the convenience store industry.

Insurance Innovator: EMC Insurance Companies

Another Des Moines-based corporation, EMC Insurance, has been providing property and casualty insurance since 1911. With a focus on commercial lines, EMC has expanded its reach across the nation while maintaining strong roots in Iowa.

These companies represent just a fraction of the diverse and robust business ecosystem in Iowa. From agriculture to finance, retail to energy, Iowa's largest corporations continue to drive innovation, provide employment, and contribute significantly to the state's economy. As Iowa looks to the future, these companies are poised to play pivotal roles in shaping the state's economic landscape and maintaining its competitive edge on the national stage.