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  • 5/10/17 9:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has entered into agreements to sell its tolling and automated license/number plate recognition business, which is part of 3M’s Traffic Safety and Security Division, to Neology, Inc., a leading provider of integrated solutions for tolling, electronic vehicle registration and public safety applications. Neology is a subsidiary of SMARTRAC, a portfolio company managed by One Equity Partners, a middle-market private equitymore...
  • 5/9/17 3:19 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.175 per share for the second quarter of 2017, payable June 12, 2017, to shareholders of record at the close of business on May 19, 2017. 3M has paid dividends to its shareholders without interruption for 100 years. As of March 31, 2017, 3M had 597,239,576 common shares outstanding and 80,968 shareholders of record. About 3Mmore...
  • 5/9/17 10:43 am CDT
    INDIANAPOLIS & ST. PAUL, Minn.--(BUSINESS WIRE)--3M Chairman, President and CEO Inge G. Thulin today highlighted the company’s 2016 performance and progress in executing the 3M Playbook. Thulin addressed 3M’s 2017 Annual Meeting of Shareholders in Indianapolis, Ind. “In 2016 we executed the 3M Playbook and delivered a great operational performance, while making investments to prepare us for the future,” said Thulin. “We are evolving into a stronger enterprise that is wellmore...
  • 5/5/17 11:52 am CDT

    3M supporting customers with demonstrations, Trade-In, Trade-Up rebate program

    ST. PAUL, Minn.--(BUSINESS WIRE)--Falls from height continue to be the leading cause of death for construction employees, accounting for 364 fatalities recorded in 2015, according to the Bureau of Labor Statistics (BLS). To remind and educate employers in the construction industry about the dangers from falls and dropped tools, 3M™ Fall Protection is proud to participate in the OSHA National Safety Stand-Down, May 8-12, 2017. During the OSHA Stand-Down, 3M willmore...
  • 5/3/17 3:03 pm CDT

    3M™ Clean-Trace™ Hygiene Monitoring and Management System takes prize in New Product and Services category

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M Food Safety today announced it received the silver Stevie Award® in the New Product and Services category and subcategory of Health & Pharmaceuticals Product for the 3M™ Clean-Trace™ Hygiene Monitoring and Management System. This year marks the American Business Awards’ 15th annual celebration of recognition. 3M’s Clean-Trace System was nominated in the “Best New Product or Service of the Year” category. More than 3,600more...
  • 5/2/17 8:00 am CDT

    Athletic apparel designers can now push boundaries with stylish, discreet reflective elements

    ST. PAUL, Minn.--(BUSINESS WIRE)--Athletic apparel designers have a new, high-performance reflective material from 3M™ Scotchlite™ Reflective Material available to them as they create activewear that can be worn from the conference room to the coffee shop to the bike path. The patented* C790 Carbon Black Stretch Transfer Film is a rich, deep black-colored material when viewed in daylight. But when illuminated at night, the material delivers vibrant reflectivemore...
  • 5/1/17 3:01 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it has completed the sale of its identity management business to Gemalto, a world leader in digital security1. 3M’s identity management business provides biometric hardware and software that enable identity verification and authentication, as well as secure materials and document readers. The business includes 3M Cogent, Inc., a wholly owned subsidiary of 3M, which provides a full spectrum of biometric solutionsmore...
  • 4/25/17 6:30 am CDT

    First-Quarter Highlights:

    • Sales of $7.7 billion, up 3.7 percent; organic local-currency growth of 4.6 percent
    • GAAP EPS of $2.16, up 5.4 percent year-on-year
    • GAAP operating income margins of 23.1 percent, down 100 basis points; includes $136 million, or 180 basis point impact from strategic investments
    • Returned $1.4 billion to shareholders via dividends and gross share repurchases
    • Announced pending acquisition of Scott Safety, a premier safety solutions company
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported first-quarter earnings of $2.16 per share, an increase of 5.4 percent versus the first quarter of 2016. Sales were $7.7 billion, up 3.7 percent year-on-year in dollar terms. Organic local-currency sales increased 4.6 percent while divestitures reduced sales by 0.4 percent. Foreign currency translation decreased sales by 0.5 percent year-on-year. Operating income was $1.8 billion and operating income marginsmore...
  • 4/21/17 1:16 pm CDT

    The global award recognizes two inventive products from 3M Food Safety and 3M Oral Care

    ST. PAUL, Minn.--(BUSINESS WIRE)--In 1902, Thomas Edison was still an avid inventor. His ingenuity and scientific pursuits resulted in technologies that would impact the everyday living for millions of people. Also in 1902 was the inception of 3M, which ever since has applied science to life with Edison’s same determination as a way to improve the daily lives of its consumers. 3M today announced that two of its most innovative and advanced technologies have been selected tomore...
  • 4/19/17 3:00 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: First-quarter 2017 earnings conference call on Tuesday, April 25, 2017, at 8 a.m. CDT. The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S. Electrical Products Group 2017 Annual Spring Conference in Longboat Key, Fla., on Monday, May 22, 2017. Inge G. Thulin, chairman, president, and chiefmore...