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
- 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...