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Des Moines, Iowa
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==Economy== {| class="wikitable floatright" style="width:350px;" |+ Des Moines' top non-government employers (2021)<ref name="CAFRDM">{{Cite web|url=https://www.dsmpartnership.com/filesimages/Growing%20Business%20Here/Major%20Employers/Regional%20Major%20Employers%20for%20posting%208%209%202021.pdf|title=Major Employers in the Greater Des Moines Region}}</ref> |- !Rank !Employer !# of<br />employees |- |style="text-align:center"|1 | [[Wells Fargo|Wells Fargo & Co.]] |style="text-align:right; padding-right:0.5em;"|13,500 |- |style="text-align:center"|2 | [[UnityPoint Health]] |style="text-align:right; padding-right:0.5em;"|8,026 |- |style="text-align:center"|3 | [[Principal Financial Group]] |style="text-align:right; padding-right:0.5em;"|6,600 |- |style="text-align:center"|4 | [[MercyOne Des Moines Medical Center|MercyOne]] |style="text-align:right; padding-right:0.5em;"|4,276 |- |style="text-align:center"|5 | [[Amazon (company)|Amazon]] |style="text-align:right; padding-right:0.5em;"|3,500 |- |style="text-align:center"|6 | [[Nationwide Mutual Insurance Company|Nationwide/Allied Insurance]] |style="text-align:right; padding-right:0.5em;"|3,300 |- |style="text-align:center"|7 | [[John Deere]] |style="text-align:right; padding-right:0.5em;"|2,884 |- |style="text-align:center"|8 | [[Corteva]] |style="text-align:right; padding-right:0.5em;"|2,500 |- |style="text-align:center"|9 | [[United Parcel Service|UPS]] |style="text-align:right; padding-right:0.5em;"|1,721 |- |style="text-align:center"|10 | [[Wellmark Blue Cross Blue Shield]] |style="text-align:right; padding-right:0.5em;"|1,600 |} Many insurance companies are headquartered in Des Moines, including the [[Principal Financial Group]], [[Fidelity & Guaranty Life]], [[Allied Insurance]], [[GuideOne Insurance]], [[Wellmark Blue Cross Blue Shield]] of Iowa and [[FBL Financial Group]]. Iowa has one of the lowest insurance premium taxes in the nation at 1%, and does not charge any premium taxes on qualified life insurance plans, making the state attractive to insurance business.<ref>{{Cite web |date=November 9, 2021 |title=Iowa Economic Development |url=https://www.iowaeda.com/finance-insurance/pro-business-environment/}}</ref> Des Moines has been referred to as the "Hartford of the West" and "Insurance Capital" because of this.<ref>Neal R. Peirce (1973), [https://books.google.com/books?id=JyqbTl9fsc4C&dq=Des+Moines+%22Hartford+of+the+West%22&pg=PA106 The Great Plains States of America: People, Politics, and Power in the Nine Great Plains States], W. W. Norton & Company, {{ISBN|0-393-05349-0}}, page 106</ref><ref>{{Cite web |date=2019-09-27 |title=The Insurance Capital of the U.S.? Look to Des Moines |url=https://www.uschamber.com/co/good-company/growth-studio/des-moines-iowa-insurance |access-date=2021-04-15 |website=www.uschamber.com/co |language=en-US}}</ref> Principal is one of two [[Fortune 500]] companies with headquarters in Iowa (the other being [[Casey's|Casey's General Stores]]), ranking 201st on the magazine's list in 2020.<ref>{{Cite web |title=Principal Financial |url=https://fortune.com/company/principal-financial/fortune500/ |access-date=16 March 2021 |website=Fortune}}</ref> As a center of financial and insurance services, other major corporations headquartered outside of Iowa have a presence in the Des Moines Metro area, including [[Wells Fargo]], [[Voya Financial]], and [[Electronic Data Systems]] (EDS). The [[Meredith Corporation]], a leading publishing and marketing company, was also based in Des Moines prior to its acquisition by [[IAC (company)|IAC]] and merger with [[Dotdash]] in 2021. Meredith published ''[[Better Homes and Gardens (magazine)|Better Homes and Gardens]]'', one of the most widely circulated publications in the United States. Des Moines was also the headquarters of ''[[Golf Digest]]'' magazine. Other major employers in Des Moines include [[UnityPoint Health]], [[Mercy Medical Center - Des Moines|Mercy Medical Center]], [[MidAmerican Energy Company]], [[CDS Global]], [[United Parcel Service|UPS]], [[Firestone Tire and Rubber Company|Firestone]], [[Lumen Technologies]], [[Drake University]], [[Titan Tire Corporation|Titan Tire]], ''[[The Des Moines Register]]'', [[Anderson Erickson Dairy|Anderson Erickson]], [[Andersen Corporation|EMCO]].<ref>{{Cite web | url = https://www.dsmpartnership.com/filesimages/Growing%20Business%20Here/Major%20Employers/Major%20Employer%20List%202023.pdf | title = Major Employer List 2023 | publisher = Greater Des Moines Partnership | date = 2023-05-17 |access-date=February 9, 2024 | url-status = live | archive-url = https://web.archive.org/web/20240209000530/https://www.dsmpartnership.com/filesimages/Growing%20Business%20Here/Major%20Employers/Major%20Employer%20List%202023.pdf | archive-date = 2024-02-09}}</ref> The [[Brotherhood of American Yeomen]], headquartered in Des Moines, went through various mergers before it became [[AmerUs]], which was purchased by [[Aviva]] in 2006, for $2.9 billion.<ref>{{Cite news|url=https://www.nbcnews.com/id/wbna13839791 |title=Aviva to acquire AmerUs for $2.9 billion |publisher=NBCNews.com |year=2006}}</ref> In 2017, [[Kemin Industries]] opened a state-of-the-art worldwide headquarters building in Des Moines.<ref>{{Cite news |title=Can Kemin help revive Des Moines' floundering agribusiness park? |language=en |work=Des Moines Register |url=http://www.desmoinesregister.com/story/money/agriculture/2017/08/27/can-kemin-help-revive-des-moines-floundering-agribusiness-park/594642001/ |access-date=September 21, 2017}}</ref>
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