4/26/16 6:30 am CDT
- Company adopts new FASB accounting standard, which added $0.10, net, to EPS
- Operating income margins up 1.3 percentage points year-on-year to 24.1 percent
- Organic local-currency sales growth declined 0.8 percent
- Increased free cash flow 20 percent year-on-year to $946 million
- Increased first-quarter per share dividend by 8 percent, 58th consecutive year of increases
ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported first-quarter earnings of $2.05 per share,
an increase of 10.8 percent versus the first quarter of 2015. Sales
declined 2.2 percent year-on-year to $7.4 billion. Organic
local-currency sales declined 0.8 percent while acquisitions, net of
divestitures, added 1.6 percent to sales. Foreign currency translation
reduced sales by 3.0 percent year-on-year.
Operating income was $1.8 billion and operating incomemore...
4/25/16 7:18 am CDT
Recording Artist Challenges People to ‘Stop Hammer Time’ as Brand Ambassador
ST. PAUL, Minn.--(BUSINESS WIRE)--To celebrate 20 years of providing damage-free organizing and decorating
Brand from 3M has partnered with pop culture icon and “U Can’t Touch
This” musician MC Hammer to help launch the brand’s new Do. No Harm.
integrated marketing campaign. For the brand’s first celebrity
partnership, Command Brand chose the one and only “Hammer” that hates
nails to empower consumers to put away the toolbox and hang fearlessly
4/19/16 12:25 pm CDT
Technology aims to solve patient competence and adherence challenges, minimizing burden on health care providers and payers
ST. PAUL, Minn.--(BUSINESS WIRE)--Research shows that an estimated 334 million people have asthma
worldwide, and 65 million people have moderate to severe COPD - a number
that is expected to rise 24 percent by the year 2034 to make COPD the
world’s third leading cause of death.(1,2,3) As cases
increase, driven by the aging population, hospitals and care providers
continue to see low levels of adherence and poor and inconsistent
competence using current treatment devices. Thismore...
4/18/16 7:04 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Food Safety announced today the availability of software enhancements
to its 3M™ Petrifilm™ Plate Reader, a popular peripheral device that
serves as an automated alternative to the more time-consuming task of
manually counting and documenting colonies of bacteria on 3M™ Petrifilm™
Plates indicator tests. The new 3M Petrifilm Plate Reader software
version 4.0 now automates the imaging, interpretation and data mapping
of the 3M™ Petrifilm™more...
4/13/16 7:00 am CDT
ST. PAUL, Minn.--(BUSINESS WIRE)--Global demand for commercially sterile beverages is growing more than 9
percent annually, according to a market research report by Reportlinker,
fueled by supply chain cost benefits and consumer demand for more
convenient beverages that retain both flavor and nutrients. With the
growing trends around these beverages, 3M announced today the launch of
the 3M™ Microbial Luminescence System UHT Beverage Screen Kit, a new
rapid test for Ultra Highmore...
4/13/16 6:00 am CDT
Series 5600 Fire Coat Comfort Trim on display at FDIC International 2016, Booth #701
ST. PAUL, Minn.--(BUSINESS WIRE)--As firefighters’ jobs have evolved, so has their need for
high-performance gear that holds up to demanding service calls with
extreme conditions. 3M™
Scotchlite™ Reflective Material — Series 5600 Fire Coat Comfort Trim
is a segmented, stitch-free trim designed for greater flexibility and
mobility. NFPA-certified, the new design helps make turnout gear more
comfortable to wear.
Traditionally, turnout gear trim has been sewnmore...
4/12/16 2:49 pm CDT
Leading fall protection and safety specialists tour U.S. to educate construction workers about fall protection and dropped object prevention during 2016 National Safety Stand-Down
ST. PAUL, Minn.--(BUSINESS WIRE)--3M’s Capital Safety will host fall protection demonstrations throughout
the U.S. May 2-6, 2016, during OSHA’s
National Safety Stand-Down. Capital Safety has historically been
involved in OSHA’s Stand Down and is proud to participate in this
campaign to remind and educate employers and workers in the construction
industry about the serious dangers of falls and dropped objects. 3M
acquired Capital Safety in August 2015, adding Capital Safety’smore...
4/11/16 10:02 am CDT
Urban Tree Lounge installation combines sustainability, materials design and architecture to spark moments of reflection
MILAN--(BUSINESS WIRE)--As designers, architects, and creative professionals from around the
world arrive in Milan this week to explore the latest trends in design,
they’ll discover a new place to “reflect” on their experiences. 3M
Design (the design group of 3M Company) has collaborated with Stefano
Boeri Architetti to create Urban Tree Lounge, an installation
providing Design Week visitors an opportunity to experience magic
moments of inspiration and reflection thatmore...
4/5/16 7:04 am CDT
New assays also available for Salmonella, Listeria and Listeria monocytogenes
ST. PAUL, Minn.--(BUSINESS WIRE)--3M Food Safety announced today the launch of its 3M™ Molecular Detection
Assay 2 – E. coli O157 (including H7), adding to a line of
next-generation tests which also includes Salmonella, Listeria and
Listeria monocytogenes. Introduced in 2011, the 3M™ Molecular
Detection System is utilized by food processors, laboratories,
universities and government agencies in over 40 countries for accurate
and reliable pathogen testing.
3/30/16 7:00 am CDT
The Anaheim Group acknowledges 3M’s contributions to the dental industry for an 11th consecutive year
ST. PAUL, Minn.--(BUSINESS WIRE)--With 95 innovations launched in 2015, 3M’s designation as the Most
Innovative Company in the Dental Industry was earned through a
relentless commitment to science-based innovation. Honored with its 11th
consecutive win, 3M’s rank on The Anaheim Group’s “Innovation Index” has
once again placed the company in the top spot with 25 percent more
innovations than any other dental company.
The Anaheim Group’s index combines the number of EC/more...