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  • 2/1/17 11:19 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--As our aging population grows, nurses are continuing to see more instances of tough-to-manage skin breakdown due to incontinence. Skin damage associated with urine and/or fecal exposure, otherwise known as incontinence associated dermatitis (IAD), is a resource-intensive condition that can be very painful for patients. To help combat this debilitating problem, 3M introduces its revolutionary 3M™ Cavilon™ Advanced Skin Protectant, a highmore...
  • 1/31/17 11:00 am CST

    3M honored for global initiative to recruit, develop and advance women companywide

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M is being recognized with the prestigious 2017 Catalyst Award, which honors companies for their proven approach to expand opportunities for women and business. 3M’s “I’m in. Accelerating Women’s Leadership,” is a global initiative that focuses on the advancement of women, and is an important component of a diversity and inclusion strategy that positively impacts the company worldwide. “Diversity is a competitive weapon for 3M as itmore...
  • 1/24/17 1:36 pm CST

    Protect sensitive information from visual hackers with holistic security and privacy measures

    ST. PAUL, Minn.--(BUSINESS WIRE)--Four out of five mobile workers say they’ve caught someone looking over their shoulder at their laptop screen in a public space.1 This low-tech threat, known as visual hacking, is a growing concern as more workers are accessing confidential company information outside of the office in public spaces. To help address visual hacking, 3M today announced its commitment to Data Privacy Day. This international effort is held annually onmore...
  • 1/24/17 6:30 am CST

    Fourth-Quarter Highlights:

    • Sales of $7.3 billion, up 0.4 percent; organic local-currency increased 1.6 percent
    • GAAP EPS of $1.88, up 13.3 percent year-on-year
    • GAAP operating income margins of 22.7 percent, up 220 basis points
    • Operating cash flow of $2.2 billion contributed to free cash flow conversion of 154 percent
    • Returned $1.6 billion to shareholders via dividends and gross share repurchases

    Full-Year Highlights:

    • Sales of $30.1 billion; GAAP EPS of $8.16, up 7.7 percent year-on-year
    • GAAP operating income margins of 24.0 percent, up 110 basis points
    • Operating cash flow of $6.7 billion contributed to free cash flow conversion of 104 percent
    • Returned $6.4 billion to shareholders via dividends and gross share repurchases
    • Continued progress on our three key levers: Portfolio Management, Investing in Innovation and Business Transformation
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported its fourth-quarter and full-year 2016 results. “The fourth quarter capped a successful year for our enterprise, as we posted double-digit growth in earnings-per-share, expanded margins and delivered robust cash flow,” said Inge G. Thulin, 3M’s chairman, president and chief executive officer. “We also made incremental investments to accelerate growth in core platforms, while returning significant cashmore...
  • 1/19/17 12:33 pm CST
    ST. PAUL, Minn. & MADRID--(BUSINESS WIRE)--The Commercial Court of Barcelona, Spain, has ordered a preliminary injunction against BossAuto Innova S.A. ("BossAuto") for infringement of the Spanish portion of 3M's European patent EP 0,954,381 B2. This patent relates to 3M’s PPS™ technology that enables the efficient mixing and spraying of coatings for automotive collision repair. The court order prohibits the import and/or manufacture, export, promotion, offering,more...
  • 1/18/17 4:15 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M issued the following statement from Inge G. Thulin, 3M chairman, president and chief executive officer, on the passing of Livio D. “Desi” DeSimone, former 3M chairman and chief executive officer, on Jan. 17, 2017. “Desi was a bold leader who courageously guided 3M through the turbulent economic decade of the 1990s. During his tenure as chairman and CEO, he strengthened 3M’s portfolio through his actions including the spinoff ofmore...
  • 1/16/17 8:24 am CST

    Attendees will demo new Tactical 300 and Tactical 500 Electronic Hearing Protectors

    LAS VEGAS--(BUSINESS WIRE)--PELTOR™ Sport is showcasing its latest innovations, including new tactical hearing protectors, at The National Shooting Sports Foundation’s Shooting, Hunting and Outdoor Trade Show (SHOT Show®) in Las Vegas beginning January 17. Available in early 2017, the PELTOR Sport Tactical 300 and PELTOR Sport Tactical 500 Electronic Hearing Protectors feature new proprietary 3M SMART technology that automatically adjusts to yourmore...
  • 1/9/17 4:55 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Fourth-quarter 2016 earnings conference call on Tuesday, Jan. 24, 2017, at 8 a.m. CST. The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S. Barclays Industrial Select Conference in Miami Beach, Fla., on Wednesday, Feb. 22, 2017. Inge G. Thulin, chairman, president and chief executive officermore...
  • 1/3/17 1:00 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed the sale of its safety prescription eyewear business to HOYA Vision Care, a global leader in the eyeglass lens industry. The safety prescription eyewear business provides a comprehensive line of frames, prescription lenses, and premium coating options in a custom-made solution. The business has annual global sales of approximately $45 million. The safety prescription eyewearmore...
  • 12/15/16 7:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--Science-based company 3M announced the expansion of its U.S. parental leave benefits starting January 1, 2017. These benefits now extend to both biological and adoptive parents and increases the allotted time off to 20 weeks, which includes 10 paid weeks. The expanded benefits are part of 3M’s continuing commitment to support greater work-life balance across the company. “We want our people to know that they can thrive at work and atmore...