2/11/16 8:00 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Deutschland GmbH and Schuberth GmbH have joined forces to develop new
and improved ballistic head protection systems for military and law
enforcement applications. The agreement outlined plans to collaborate
and create custom solutions for end users in the European market.
Schuberth will also be a distributor of 3M ballistic helmets
manufactured by Ceradyne, Inc., a 3M company.
“The agreement with 3M is an important step for us inmore...
2/4/16 10:36 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Company and 3M United Kingdom PLC today announced that the States of
Guernsey dismissed its claims against 3M Company and 3M United Kingdom
PLC, with prejudice. A trial, which pertained to the purchase, use and
disposal of 3M Light Water Brand Aqueous Film-Forming Foam (AFFF) by
Guernsey Airport, began on Jan. 18, 2016, in the High Court of Justice,
Queen’s Bench Division, Commercial Court, London. The States of Guernsey
also agreed to make amore...
2/3/16 8:35 am CST
Data emphasizes the importance of organization and access to supplies in the workplace
ST. PAUL, Minn.--(BUSINESS WIRE)--Year after year, “organization” appears on countless New Years
resolution lists, particularly at the office and in professional
settings, as individuals strive to start the year with increased
productivity and workplace efficiency. Today, Post-it Brand from 3M
revealed results from a study1 commissioned to gather data
surrounding office organization, access to office supplies and how these
elements affect office workers in their day to daymore...
2/2/16 3:30 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that, following an in-depth exploration of strategic
alternatives for its Health Information Systems business, the Company
has made the decision to retain and further invest in this business.
This decision follows the Company’s announcement in September 2015 that
it would explore strategic alternatives for 3M Health Information
Systems, which included spinning-off, selling, or retaining the business.
2/2/16 3:15 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--The 3M Board of Directors (NYSE:MMM) today declared a dividend on the
company’s common stock of $1.11 per share for the first quarter of 2016,
an 8 percent increase over the quarterly dividend paid in 2015. The
dividend is payable March 12, 2016, to shareholders of record at the
close of business on Feb. 12, 2016. 3M has paid dividends to its
shareholders without interruption for more than 99 years.
The board also authorized themore...
2/2/16 7:01 am CST
Providing Consistent Solutions for Sun Control Since 1966
ST. PAUL, Minn.--(BUSINESS WIRE)--When enjoying a sunny day at home or at the office, the last thing
anyone wants to worry about is cooling costs or the potential effects of
UV exposure. However, once your air conditioning bill arrives in the
mail or your upholstery fades beyond recognition, the damage has already
occurred, affecting your wallet and your design aesthetic. Recognizing
the need to protect the people and items that matter most, 50 years ago,
3M designed a Windowmore...
2/1/16 4:20 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) announced today that Gregory R. Page, executive director
of Cargill Inc., and Patricia A. Woertz, retired chairman of the board
and chief executive officer, Archer-Daniels-Midland Company, have
been elected to its board of directors, as of Feb. 1, and Feb. 2, 2016,
“We are extremely pleased to welcome Mr. Page and Ms. Woertz to our
board,” said Inge Thulin, 3M chairman, president and chief executivemore...
1/27/16 9:00 am CST
Will exhibit latest products and services in personal protective equipment and fall protection products
ST. PAUL, Minn.--(BUSINESS WIRE)--3M’s
Personal Safety Division and 3M’s Capital
Safety business, two of the industry’s leaders in personal
protective equipment and fall protection products, will be joining
forces to showcase their latest safety products and innovations at World
of Concrete 2016, Tuesday, Feb. 2, to Friday, Feb. 5, in booth
#O30232, at the Las Vegas Convention Center. 3M acquired Capital Safety
in August 2015, and the acquisition now enables 3M to providemore...
1/26/16 6:30 am CST
- Sales of $7.3 billion; GAAP EPS of $1.66, includes restructuring charge of $0.14
- GAAP operating income margins of 20.5 percent; 22.1 percent excluding restructuring
- Free cash flow conversion of 182 percent
- Returned $1.8 billion to shareholders via dividends and gross share repurchases
- Sales of $30.3 billion; GAAP EPS of $7.58, includes restructuring charge of $0.14
- GAAP operating income margins of 22.9 percent; 23.3 percent excluding restructuring
- Free cash flow conversion of 103 percent; return on invested capital of 22.5 percent
- Returned $7.8 billion to shareholders via dividends and gross share repurchases
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported its fourth-quarter and full-year 2015
“The fourth quarter capped off a year of disciplined execution from our
global team with solid margin and cash flow performance,” said Inge G.
Thulin, 3M’s chairman, president and chief executive officer.
“Throughout 2015 we controlled the controllable, while investing in the
business and also returning significant cash to shareholders.
1/20/16 8:00 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it has entered into an agreement to sell to
Innovative Chemical Products Group (ICP Group), a portfolio company of
Audax Private Equity, the assets of 3M’s Pressurized Polyurethane Foam
Adhesives business (formerly known as Polyfoam), which is part of 3M’s
Industrial Adhesives and Tapes Division. Terms of the transaction were
3M’s Pressurized Polyurethane Foam Adhesives business is a provider ofmore...