Skip to Primary Navigation Skip to Site Navigation Skip to Main Content

Search Press Releases

Press Releases

 

Company

  • 10/25/16 6:30 am CDT

    Third-Quarter Highlights:

    • Operating income margins of 24.7 percent, up 0.4 percentage points year-on-year
    • Sales flat year-on-year; organic local-currency sales decreased 0.8 percent
    • Operating cash flow of $1.9 billion contributed to 19 percent increase in free cash flow
    • Returned $1.4 billion to shareholders via dividends and gross share repurchases; marked 100 th consecutive year of paying dividends
    • Solid Business Transformation execution, including West Europe ERP deployments

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported third-quarter earnings of $2.15 per share, an increase of 4.9 percent versus the third quarter of 2015. Sales were $7.7 billion, flat year-on-year in dollar terms. Organic local-currency sales decreased 0.8 percent while acquisitions, net of divestitures, added 0.3 percent to sales. Foreign currency translation increased sales by 0.5 percent year-on-year. Operating income was $1.9 billion and operatingmore...
  • 10/24/16 7:21 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--There’s an art to great leadership. If you combine the skills of listening, empowerment and experience, and enable them in the right person, you can create an effective force for change. 3M is fortunate to have a strong champion for women’s leadership and advancement in Senior Vice President of Human Resources Marlene McGrath. The National Association for Female Executives has recognized McGrath’s strong leadership as well, namingmore...
  • 10/21/16 4:48 pm CDT

    Maanasa Mendu Awarded $25,000 and Named America’s Top Young Scientist in Nation’s Premier Middle School Science Competition for her invention of HARVEST, a device that uses solar and wind power to create energy

    Discovery Education (@DiscoveryEd) and 3M (@3M) have named 13-year-old Maanasa Mendu from Mason, OH the winner of the 2016 Discovery Education 3M Young Scientist Challenge (#YoungScientist). Mendu created HARVEST, a bio-inspired energy device that uses solar and wind power to create energy.  This innovation was inspired by a visit to India where she discovered many people lacking basic life necessities such as clean water and lighting.  Through her invention, Mendu hopes to provide amore...
  • 10/17/16 7:15 am CDT
    SALT LAKE CITY--(BUSINESS WIRE)--3M Health Information Systems is expanding its market-leading 3M 360 Encompass System platform to introduce 3M 360 Encompass System – Professional, the industry’s first encounter-based professional fee coding solution. The new software brings the power of 3M’s computer-assisted coding, physician query capability and reporting to coding and billing for physician services, helping professional coders improve productivity, boost compliance andmore...
  • 10/11/16 8:00 am CDT
    ST. PAUL, Minn. & SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--3M Health Information Systems, a business of 3M, and Verily Life Sciences (formerly Google Life Sciences), an Alphabet company, today announced that they have entered into a strategic agreement to develop new population health measurement technology for managing clinical and financial performance. The joint technology platform will be designed to analyze quality performance data across healthcare delivery systems and patient populations, andmore...
  • 10/6/16 3:30 pm CDT

    Move freely between operatories with a digital scanner that can be carried by hand

    ST. PAUL‚ Minn.--(BUSINESS WIRE)--Mobile tablets, commonplace in many aspects of clinical practice in health care settings, have arrived in the dental industry with the introduction of the 3M™ Mobile True Definition Scanner , a one-of-a-kind tablet-based intraoral scanner that fits in your hand. The compact, ergonomic design is similar to rechargeable tablets that patients and clinicians use in their daily lives, allowing clinicians to move freely betweenmore...
  • 10/4/16 3:00 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Third-quarter 2016 earnings conference call on Tuesday, Oct. 25, 2016, 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. Goldman Sachs Industrials Conference 2016 in Boston, Mass., on Wednesday, Nov. 2, 2016. Nick Gangestad, senior vice president and CFO, will speak at 9:20more...
  • 10/3/16 11:04 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed the sale of its temporary protective films business, formerly known as Polymask, to Pregis LLC. 3M’s temporary protective films business provides adhesive-backed temporary protective films used in a broad range of industries, including automotive, appliance, metalworking, building and construction. The business was part of 3M’s Industrial Adhesives and Tapes Division, which will continuemore...
  • 9/28/16 12:35 pm CDT
    ST. PAUL, Minn. & NEUSS, Germany--(BUSINESS WIRE)--The District Court of Frankfurt, Germany, has ordered a preliminary injunction against China-based Qingdao Summit Industrial Co., Ltd. ("Summit") for infringement of the German 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 offer and sale of Summit's infringingmore...
  • 9/27/16 1:02 pm CDT

    3M Electronics and Energy Business Group reinforces industry commitment to ethical business practices in the global electronics supply chain

    ST. PAUL, Minn.--(BUSINESS WIRE)--The Electronics and Energy Business Group of 3M Company announces its membership into the Electronic Industry Citizenship Coalition (EICC) – a nonprofit group of the world’s leading electronics companies committed to improving social, ethical and environmental conditions in the global electronics supply chain. Joining the EICC reinforces 3M’s longstanding commitment to the industry and to social responsibility. Membership further aligns the 3Mmore...