8/25/14 10:00 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--With the 2014 Greater Twin Cities United Way annual fund moving
full-steam ahead, the state’s largest non-governmental funder is already
teeing-up for 2015. Today, 3M and Greater Twin Cities United Way
announce that next year’s local campaign will be led by Inge Thulin, 3M
chairman, president and chief executive officer.
“3M shares with United Way the same commitment to changing lives and
saving lives,” said Thulin. “Giving back ismore...
8/25/14 8:00 am CDT
Stake will bolster 3M’s relevance in energy market
ST. PAUL, Minn.--(BUSINESS WIRE)--3M New Ventures – the corporate venture arm of 3M – announced an equity
stake in Toronto-based Smart Energy Instruments (SEI), a move that will
further accelerate SEI’s efforts in developing electronic chipsets with
high-precision, real-time monitoring capabilities for smart grids, as
well as give 3M a bigger presence in the energy sector.
The investment from 3M New Ventures comes as several existing
stakeholders also bolstered their equity inmore...
8/20/14 8:00 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--Organizing has never been so easy. For the first-time ever, 3M is making
it possible to write, erase and write again, all on a piece of tape.
With the launch of new Scotch™ Dry Erase and Chalkboard Tapes, consumers
can purchase these revolutionary tapes that behave exactly like a
whiteboard or chalkboard, making labeling and organizing as simple as
“Scotch Tape is known for inspiring creativity and now the brand willmore...
8/12/14 10:00 am CDT
Three-Year Commitment to Kick Off in 2015 with Jeff Gordon
CONCORD, N.C. & ST. PAUL, Minn.--(BUSINESS WIRE)--3M will join 11-time Sprint Cup Series champions Hendrick Motorsports
beginning with the 2015 NASCAR season when it will become a primary
sponsor of driver Jeff Gordon and his No. 24 Chevrolet SS team.
The new relationship will feature 3M as a primary sponsor in 11 Sprint
Cup races annually and as an associate-level partner in all other
events. The agreement covers the 2015, 2016 and 2017 NASCAR seasons.
All five of 3M'smore...
8/11/14 5:46 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--The Board of Directors of 3M (NYSE: MMM) today declared a dividend on
the company’s common stock of 85.5 cents per share for the third quarter
of 2014, payable Sept. 12, 2014, to shareholders of record at the close
of business on Aug. 22, 2014. 3M has paid dividends to its shareholders
without interruption for 98 years.
As of June 30, 2014, 3M had 647,969,147 common shares outstanding and
89,560 shareholders of record.more...
8/11/14 4:30 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) announced today the appointment of Sondra Barbour to its
Board of Directors. Barbour currently is executive vice president of
Lockheed Martin’s Information Systems & Global Solutions business
division and an officer of Lockheed Martin.
Prior to Barbour’s current position, she served as senior vice president
of the Enterprise Business Services organization and Lockheed’s chief
information officer, heading all of themore...
7/30/14 2:04 pm CDT
Scotch Brand Helps Add Personality & Style To Back To School Shopping Lists
ST. PAUL, Minn.--(BUSINESS WIRE)--Scotch
Brand from 3M is introducing several new products just in time for
back to school season to help add personality and creativity to
schoolwork, home organization and classroom décor. Long gone are the
days when yellow number two pencils and black and white composition
notebooks were the standard. In recent years, back to school shopping
has become all about making a statement and expressing one’s personality
– even with back tomore...
7/29/14 9:19 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Food Safety is marking the 30th anniversary of the
introduction of its revolutionary 3M™ Petrifilm™ Plates, the worldwide
standard for fast, simple, easy-to-interpret indicator testing.
First introduced in 1984, the 3M Petrifilm Plate technology has long
been the industry standard for efficient and reliable colony
interpretation and enumeration for food and beverage processors. For
three decades, food safety professionals around themore...
7/24/14 6:30 am CDT
- Organic local-currency sales growth of 4.8 percent
- Earnings of $1.91 per share, up 11.7 percent
- Operating income margins of 22.8 percent, up 0.8 percentage points year-on-year
- Free cash flow conversion of 103 percent
- Returned $2.0 billion to shareholders via dividends and gross share repurchases
- Announced (July 16) acquisition of remaining 25 percent of Sumitomo 3M subsidiary for 90 billion Japanese Yen (approximately $885 million)
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported second-quarter earnings of $1.91 per
share, an increase of 11.7 percent versus the second quarter of 2013.
Sales grew 4.9 percent year-on-year to $8.1 billion. Organic
local-currency sales grew 4.8 percent, acquisitions added 0.1 percent to
sales and currency impacts were flat year-on-year.
Second-quarter operating income was $1.9 billion and operating income
margins were 22.8 percent. Net income was $1.3more...
7/22/14 11:15 am CDT
Minneapolis and St. Paul Teachers Can Apply For Teacher Grants from Kids In Need and Command Brand
ST. PAUL, Minn.--(BUSINESS WIRE)--Command
Brand from 3M has announced its partnership with The Kids In Need
Foundation, a national, non-profit organization dedicated to providing
free school supplies to economically disadvantaged school children and
under-funded teachers. As part of the partnership, Command Brand is
sponsoring grants of the 2014
Kids In Need Teacher Grants program to fund classroom projects
conducted by teachers in the Minneapolis and St. Paul schoolmore...