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==Economy== Winona is home to the headquarters to many companies including [[Fastenal]], Thern Inc., Knitcraft Corporation, RTP Company, We-No-Nah Canoe,<ref>{{cite web |url=http://www.wenonah.com/ |title=We-No-Nah Canoe}}</ref> [[ProBuild|United Building Centers]], Badger Equipment Company,<ref>{{cite web |url=http://www.badgerequipment.com/ |title=Badger Equipment Company}}Hal Leonard Music</ref> Winona Lighting, Hal Leonard Music, WinCraft Sports, and Winona Pattern & Mold.<ref>{{cite web |url=http://www.winonapattern.com.com/ |title=Winona Pattern & Mold}}</ref> Bay State Milling operates a grain processing facility in Winona and was founded there in 1899.{{citation needed|date=July 2023}} [[Watkins Incorporated]], a manufacturer of health remedies, baking products, and household goods, was founded in 1868 by J.R. Watkins in Plainview, Minnesota. The company relocated to Winona in 1885. By the early 20th century, J.R. Watkins had become one of the largest direct-sales companies in the United States. The company headquarters, a complex of seven buildings, is listed on the National Register of Historic Places. Winona is also known as the [[stained glass]] capital of the United States.<ref>{{cite web |url=http://minnesota.publicradio.org/display/web/2006/11/22/stainedglass/ |title=Winona company makes glass into art |author=Cathy Wurzer |date=November 26, 2006 |work=publicradio.org}}</ref> [[Willet Hauser Architectural Glass|Willet Hauser Architectural Glass, Inc]] is a North American stained glass firm located in Winona, Minnesota that specializes in the design, fabrication, preservation and restoration of leaded stained glass and faceted glass windows. The studio is one of the oldest in North America. [[Fastenal]], headquartered in Winona.,<ref>[[Fastenal]]</ref> ranked number 479 in the 2021 Fortune 500 based on its 2020 revenues. In 2023 Fastenal fell to number 514. https://tcbmag.com/minnesota-now-has-15-fortune-500-companies/ Its stock is a component of the Nasdaq 100 index. ===Top employers=== According to the City's 2022 Comprehensive Annual Financial Report,<ref>{{cite web |url=https://www.cityofwinona.com/DocumentCenter/View/4279/2022-Annual-Comprehensive-Financial-Report |title=City of Winona 2022 Comprehensive Annual Financial Report |format=[[Portable Document Format|PDF]] |page=190 |date=December 17, 2023}}</ref> the largest employers in the city are: {| class="wikitable" |- ! # ! Employer ! Type of Business ! # of Employees ! Percentage |- |1 |[[Fastenal]] Company |Commercial/Industrial |1,618 |5.00% |- |2 |[[Winona State University]] |Post-secondary education |1,050 |4.19% |- |3 |[[Winona Health]] |Hospital/Clinic/Health Care |975 |3.59% |- |4 |[[Winona Area Public Schools]] ISD 861 |K-12 education |684 |2.20% |- |5 |WinCraft |Promotional materials |500 |1.75% |- |6 |[[Saint Mary's University of Minnesota]] |Post-secondary education |450 |1.57% |- |7 |[[TRW Automotive]] Electronics |Industrial machinery |400 |1.40% |- |8 |RTP Company |Industrial |375 |1.31% |- |9 |[[Winona County, Minnesota|County of Winona]] |County Government |300 |1.05% |- |10 |Watlow Electric Manufacturing Company |Electronic Control manufacturer |289 |1.01% |- |β |Total principal employers |β |6,606 |23.07% |- |β |Other employers |β |22,019 |76.93% |- |β |'''Total employers''' |β |'''28,625''' |'''100.00%''' |}
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