11/20/14 9:00 am CST
ST. PAUL , Minn.--(BUSINESS WIRE)--3M announced today that Paul A. Keel has been appointed senior vice
president, Supply Chain, effective immediately. He replaces Christopher
D. Holmes who will retire.
Keel is currently managing director, 3M United Kingdom-Ireland Region.
“Paul is an accomplished leader whose strategic thinking skills,
international experience and demonstrated record of success make him
uniquely qualified for this role,” said Inge Thulin, 3M Chairmanmore...
11/17/14 9:01 am CST
- Dense server systems for high performance computing benefit from the flat, foldable ribbon design -
NEW ORLEANS--(BUSINESS WIRE)--Super Computing Conference – 3M is thinking inside the box to
increase efficiencies inside the data center and boost high-performance
computing (HPC) power. The low-profile capabilities of 3M’s
Twin Axial Cable Assemblies save a substantial amount of internal
space and help alleviate congestion inside dense server systems—giving
design engineers considerably more room for server architecture options.
The ultra-flat, foldable ribbon design alsomore...
11/13/14 6:23 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--Those who happen to know one of the 40,000 3M workers across North
America can now power down their own utility bills using 3M’s hefty
discount on solar panels.
3M is expanding its revolutionary employee solar program to include
friends and family, significantly broadening the number of homeowners
across the U.S. and Canada who’ll be able to get solar at a reduced rate
and take advantage of clean, renewable energy.
11/13/14 3:41 pm CST
ST. PAUL, Minn.--(BUSINESS WIRE)--There’s a reason 3M expects to make thousands of new hires over the next
five years, and it has much to do with who is already with the company.
Some of the sharpest minds in the world now work for 3M, and they have
an unyielding commitment to career development and leadership. They
believe that if they can grow, the company will grow. And 3M believes it
will only grow as fast as it can grow its leaders.
It’s this long-standingmore...
11/11/14 4:00 pm 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 85.5 cents per share for the fourth
quarter of 2014, payable Dec. 12, 2014, to shareholders of record at the
close of business on Nov. 21, 2014. 3M has paid dividends to its
shareholders without interruption for 98 years.
As of Sept. 30, 2014, 3M had 640,818,842 common shares outstanding and
88,578 shareholders of record.more...
11/5/14 8:57 am CST
SALT LAKE CITY--(BUSINESS WIRE)--State governments are leading efforts to transform U.S. healthcare
delivery from a fragmented system focused on caring for the sick to a
coordinated system that promotes preventive care and achieves higher
quality at lower cost. The latest innovation comes from the State of
Rhode Island, which has launched the Rhode Island All-Payer Claims
Database (RI-APCD), a new initiative that will provide data about
hospital quality and cost to helpmore...
11/3/14 2:18 pm CST
Award recognizes officers who used license plates to solve serious crimes
ORLANDO, Fla.--(BUSINESS WIRE)--The International Association of Chiefs of Police (IACP), Highway Safety
Committee (HSC), in cooperation with 3M’s Traffic Safety and Security
Division, this week announced the honorees of the 2014 Looking Beyond
the License Plate award at the Highway Safety Awards breakfast during
the IACP Annual Conference. This year’s award recognizes law enforcement
from Arizona, Colorado, Georgia, Michigan, Virginia, and Londrina,
11/3/14 8:03 am CST
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Critical & Chronic Care Solutions Division announced today that the
Centers for Medicare and Medicaid Services (CMS) has assigned
product-specific Healthcare Common Procedure Coding System (HCPCS) codes
for the 3M™ Coban™ 2 Layer Lite Compression System (Cat #2794). The
innovative Coban 2 Layer Lite Compression System is a compression
bandaging system containing two rolls – a comfort layer and compression
10/23/14 6:30 am CDT
- Organic local-currency sales growth of 3.9 percent
- Earnings of $1.98 per share, up 11.2 percent
- Operating income margins of 23.4 percent, up 1.4 percentage points year-on-year
- Free cash flow conversion of 103 percent
- Returned $1.8 billion to shareholders via dividends and gross share repurchases
- Acquired remaining 25 percent of Sumitomo 3M for $865 million
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported third-quarter earnings of $1.98 per share,
an increase of 11.2 percent versus the third quarter of 2013. Sales grew
2.8 percent year-on-year to $8.1 billion. Organic local-currency sales
grew 3.9 percent, acquisitions added 0.1 percent to sales and currency
impacts reduced sales by 1.2 percent year-on-year.
Third-quarter operating income was $1.9 billion and operating income
margins were 23.4 percent. Netmore...
10/20/14 5:14 pm CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today announced the following investor events:
Third-quarter 2014 earnings conference call on Thursday, Oct.
23, 2014, 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://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...