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  • 11/5/15 12:56 pm CST
    ST. PAUL, Minn. & NEUSS, Germany--(BUSINESS WIRE)--3M announced today that a German district court ruled in favor of 3M in an unfair competition claim 3M filed against South Korea-based Seil Global Co. Ltd. The court found Seil’s red-colored dental mixing tips looked confusingly similar to 3M´s dental mixing tips that are recognizable by their unique red color and marketed under the brand 3M™ ESPE™ Penta™ Mixing Tips. The decision is final, which means that Seil is permanently enjoinedmore...
  • 10/26/15 10:19 am CDT

    Revolutionary project built by BitFury and Allied Control to cool 40+ MW of ASIC clusters running a PUE of 1.02

    ST. PAUL, Minn.--(BUSINESS WIRE)--The world’s most powerful two-phase immersion cooling (2PIC) project, which will be deployed in a 40+ MW data center being constructed by BitFury Group, is currently underway in the Republic of Georgia. Designed and built by the Hong Kong-based engineering company, Allied Control, the 2PIC project will use 3M™ Novec™ 7100 Engineered Fluid, an immersion coolant with a low global warming potential. Allied Control is a pioneer in 2PIC, a fieldmore...
  • 10/22/15 6:30 am CDT

    Third-Quarter Highlights:

    • Operating income margins of 24.3 percent, up 0.9 percentage points year-on-year
    • Organic local-currency sales growth of 1.2 percent, positive across all geographic areas
    • Returned $2.2 billion to shareholders via dividends and gross share repurchases
    • Closed acquisitions of Capital Safety and Polypore’s Separations Media business
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported third-quarter earnings of $2.05 per share, an increase of 3.5 percent versus the third quarter of 2014. Sales declined 5.2 percent year-on-year to $7.7 billion. Organic local-currency sales grew 1.2 percent and acquisitions, net of divestitures, added another 1.0 percent. Foreign currency translation reduced sales by 7.4 percent year-on-year. Operating income was $1.9 billion and operating income marginsmore...
  • 10/15/15 9:26 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today announced the following investor events: Third-quarter 2015 earnings conference call on Thursday, Oct. 22, 2015, at 8 a.m. CDT. The live webcast, press release and supporting slide presentation will be available on 3M’s Investor Relations website at http://investors.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...
  • 10/13/15 8:00 am CDT

    Advanced materials from 3M provide lightweight, high-performance torso protection

    ST. PAUL, Minn.--(BUSINESS WIRE)--As the U.S. Armed Forces seek to improve agility and mobility, the U.S. Army is making great efforts to reduce the weight soldiers must carry without sacrificing protection. Body armor is vital to that effort. Ceradyne, Inc., a 3M company, received a contract modification worth $34 million from the Army to provide 28,000 pieces of body armor under the Soldier Protection Systems Vital Torso Protection program for lightweight enhanced small armsmore...
  • 10/7/15 5:00 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that Jim L. Bauman has been appointed to the position of executive vice president, Electronics and Energy Business Group, effective immediately. He replaces Michael A. Kelly who will retire. Bauman is currently senior vice president, Business Transformation, Americas, and brings many years of demonstrated success as both a functional and business leader at 3M. “Jim’s collaborative, process-orientedmore...
  • 10/7/15 12:18 pm CDT
    ST. PAUL, Minn. & HILLSBORO, Ore.--(BUSINESS WIRE)--3M has entered into a licensing agreement with Lotus Applied Technology to access Lotus’s TransFlexALDTM spatial Atomic Layer Deposition (ALD) and barrier materials patent portfolio. TransFlexALD technology enables high-speed, low-cost deposition of single layer “ultra-barrier” coatings on rolls of polymer film using ALD. These coatings play a critical role in the encapsulation of moisture- and oxygen-sensitive electronics, such as OLED (organicmore...
  • 10/6/15 10:17 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that 3M France has received a binding offer from Hills Numberplates Limited to purchase 100 percent of the shares of Faab Fabricauto, a wholly-owned subsidiary of 3M and part of 3M’s Traffic Safety and Security Division. Faab Fabricauto is a leading French manufacturer of license plates and signage solutions, with facilities in Bourg-en-Bresse and Mâcon. Faab Fabricauto has a 50-year history in the vehiclemore...
  • 10/6/15 10:08 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it has completed the sale of assets of its North American Library Systems business to One Equity Partners Capital Advisors L.P. (OEP). 3M also announced that it has entered into agreements for OEP to purchase the assets of its remaining global Library Systems business. 3M Library Systems business delivers circulation management solutions to library customers with on-premise hardware and software, maintenance andmore...
  • 10/5/15 11:48 am CDT

    3M signs strategic agreements with Impel to accelerate commercialization and cost effectiveness of POD technology platform and Impel’s growing portfolio of enhanced CNS products.

    ST. PAUL, Minn. & SEATTLE--(BUSINESS WIRE)--3M Drug Delivery Systems (3M) and Impel NeuroPharma Inc (Impel) today announced a strategic alliance aimed at advancing Impel’s revolutionary Precision Olfactory Delivery (POD) technology for the enhanced Central Nervous System (CNS) delivery of drug products. The alliance further solidifies 3M’s presence as a clear leader in the drug delivery sector and shows its continued commitment to cutting-edge technology. The alliance with 3Mmore...