1/29/15 5:45 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Food Safety announced today that two of its 3M™ Molecular Detection
Assays, Listeria monocytogenes and Listeria species, have
been approved for First Action Official Method of Analysis SM
distinction by AOAC INTERNATIONAL (OMA method numbers 2014.07 and
2014.06, respectively). The scope of the validations cover a variety of
food matrices including full fat cottage cheese, chocolate milk, beef
hot dogs, deli turkey, and cold smoked salmon, asmore...
1/28/15 10:09 am CST
3M hollow microneedle device now available for clinical trials*; holds the potential to replace traditional injections
ST. PAUL, Minn.--(BUSINESS WIRE)--Getting an injection at the doctor’s office typically does not rank high
on many people’s wish list. Thanks to 3M scientists’ know-how, the day
is getting closer when patients may be receiving their prescription
medications at home via microscopic needles. Pharmaceutical and
biotechnology companies can now partner with 3M on development and
conducting clinical trials using its 3M™ Hollow Microstructured
Transdermal System (hMTS). Patient-more...
1/27/15 6:30 am CST
- Organic local-currency sales growth of 6.3 percent
- Earnings of $1.81 per share, up 11.7 percent
- Operating income margins of 21.5 percent, up 0.6 percentage points year-on-year
- Free cash flow conversion of 144 percent
- Returned $1.8 billion to shareholders via dividends and gross share repurchases
- Announced Q1 2015 dividend per share increase of 20 percent
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today reported fourth-quarter earnings of $1.81 per share,
an increase of 11.7 percent versus the fourth quarter of 2013. Sales
grew 2.0 percent year-on-year to $7.7 billion. Organic local-currency
sales grew 6.3 percent with acquisitions adding 0.1 percent to sales.
Foreign currency translation reduced sales by 4.4 percent year-on-year.
Operating income was $1.7 billion and operating income margins for the
quarter were 21more...
1/20/15 2:08 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events:
Fourth-quarter 2014 earnings conference call on Tuesday, Jan.
27, 2015, at 8 a.m. CST. The live webcast, press release and
supporting slide presentation will be available on 3M’s Investor
Relations website at http://investor.3M.com.
The earnings call may also be accessed at (800) 762-2596 within the
U.S. or +1 (212) 231-2916 outside the U.Smore...
1/15/15 9:30 am CST
New airflow rate options and contoured design improves comfort and performance
ST. PAUL, Minn.--(BUSINESS WIRE)--3M has released in the United States its most advanced, versatile,
powered air respiratory solution yet. The new 3M™
Versaflo™ Powered Air Purifying Respirator TR-600 represents an
evolution of technology. Designed to endure heavy use and long wear, the
respirator can help enhance comfort, endurance and ease of use.
The lightweight respirator is engineered to increase comfort – even for
long shifts. The ergonomic design fits close tomore...
1/6/15 7:04 am CST
3M Petrifilm Rapid Aerobic Count Plate Launches with AOAC-PTM Approval
ST. PAUL, Minn.--(BUSINESS WIRE)--Thirty years ago, 3M launched its first 3M Petrifilm Plate, the 3M™
Petrifilm™ Aerobic Count Plate, ushering in a solution that has been
widely viewed as a step forward in ensuring the quality and safety of
food manufacturers’ products and freeing space and productivity in their
labs. Today, 3M Food Safety builds on that legacy by announcing the
global launch of the 3M™ Petrifilm™ Rapid Aerobic Count Plate, the next
generation of its trusted,more...
1/6/15 7:00 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Electronics is showcasing its industry-leading electronics design
optimization and assembly solutions for the consumer electronics
industry during the 2015 International CES, taking place Jan. 6-9 in Las
Vegas. If you’ve ever wondered how consumer electronics across so many
brands have become much thinner, much brighter and much more energy
efficient than in the past, look no further than 3M. The company today
provided a closer look at how 3Mmore...
1/2/15 11:00 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has completed the sale of its global Static
Control business to Desco Industries Inc. Terms of the transaction were
3M's Static Control business, which has annual global sales of about $45
million, is a provider of products and solutions that help prevent,
detect, and protect against electrostatic discharge.
3M made the decision to exit the Static Control business as a result ofmore...
12/16/14 5:01 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--The board of directors of 3M (NYSE:MMM) today declared a dividend on the
company’s common stock of $1.025 per share for the first quarter of
2015, a 20 percent increase over the quarterly dividend paid in 2014.
The dividend is payable Mar. 12, 2015, to shareholders of record at the
close of business on Feb. 13, 2015. 3M has paid dividends to its
shareholders without interruption for 98 years.
As of Nov. 28, 2014, 3M had 636,040,007more...
12/16/14 5:00 am CST
Board Approves 20 Percent Increase in First-Quarter 2015 Dividend
ST. PAUL, Minn.--(BUSINESS WIRE)--This morning, 3M Chairman, President and CEO Inge G. Thulin will speak
to investors and analysts at the 2015 outlook meeting in New York City.
Thulin will emphasize that the company is well-positioned for long-term
The company is on track to deliver its long-term financial targets,
organic growth remains strong, and productivity is improving margins in
2014 and 2015. Three key strategic levers continue to drive the companymore...