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  • 2/20/18 3:41 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--Today, 3M and the State of Minnesota reached a resolution of the State’s lawsuit against 3M related to certain PFCs present in the environment. Under the terms of the settlement, 3M and the State will partner to invest in the environment and community. 3M will provide an $850 million grant to the State for a special “3M Grant for Water Quality and Sustainability Fund.” This Fund will enable projects that support water sustainability inmore...
  • 2/14/18 10:47 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Citi’s 2018 Global Industrials Conference in Miami, Fla., on Wednesday, Feb. 21, 2018. Inge G. Thulin, chairman, president, and chief executive officer, will speak at 10:15 a.m. EST. Barclays Industrial Select Conference 2018 in Miami Beach, Fla., on Thursday, Feb. 22, 2018. Inge G. Thulin, chairman, president, and chief executive officer, willmore...
  • 2/12/18 6:00 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The Ethisphere Institute today recognized 3M for ethics and integrity in business conduct and compliance for the fifth straight year. 3M is one of only a handful of industrial companies worldwide to be recognized this year. Recognizing that corporate integrity, character and transparency impact the public trust of companies, the Ethisphere Institute defines and advances standards of ethical business practices through data-drivenmore...
  • 2/1/18 11:56 am CST

    New 3M Petrifilm Rapid E. coli/Coliform Count Plate saves time in testing, enables food processors to release their products from inventory faster

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M Food Safety today introduces the 3M™ Petrifilm™ Rapid E. coli/Coliform Count Plate, a two-in-one indicator test that gives the customer both an E. coli and total coliform count in 18-24 hours. In addition to possessing all of the simple, reliable and sustainable conveniences that have made the 3M™ Petrifilm™ brand a go-to test for decades, the new plate distinguishes E. coli from other coliform bacteria in only 18 to 24 hours for a widemore...
  • 1/29/18 3:00 pm CST
    ST. PAUL‚ Minn.--(BUSINESS WIRE)--3M and 3Shape announced their intention to work together to advance the field of orthodontics through digital workflows supporting indirect bonding, clear aligners and other emerging digital orthodontic workflows. “Our partnership with 3Shape puts our customers first and is designed with practitioners, their patients, and their businesses in mind. Our goal is to make it easier for Orthodontists to engage patients, provide effectivemore...
  • 1/26/18 8:00 am CST

    3M’s Transportation Safety Roadshow brings an interactive experience on road infrastructure technologies - such as reflective signage, license plates, and wet-reflective pavement markings – to nearly 50 cities to help protect drivers today, while paving the way for the future

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M’s Transportation Safety Division today announced the launch of a nearly 50-city North American roadshow, traveling throughout the U.S. and Canada to showcase 3M road safety technology and innovation. Launching on January 28, 2018, the 3M Transportation Safety Roadshow Truck will offer interactive experiences featuring hands-on, in-person, and virtual demonstrations of innovative 3M technologies in a custom designed 18-wheel, 53-foot longmore...
  • 1/25/18 8:17 am CST

    Consumers emphasize importance of company privacy and security practices

    ST. PAUL, Minn.--(BUSINESS WIRE)--Organizations are under increasing scrutiny – both from regulators and consumers – to proactively protect the privacy of their data from cybersecurity threats such as spear phishing, as well as social engineering attempts such as visual hacking. To help organizations enhance their visual privacy efforts, 3M has announced its support of Data Privacy Day 2018. The event is held each year on January 28, and serves as a reminder tomore...
  • 1/25/18 6:30 am CST

    Board Approves 16 Percent Increase in First-Quarter 2018 Dividend

    Fourth-Quarter Highlights:

    • Sales of $8.0 billion, up 9.0 percent year-on-year
    • Organic local-currency sales growth of 6.0 percent; growth in all business groups and all geographic areas
    • GAAP EPS of $0.85, down 55 percent year-on-year; excluding net impact of Tax Cuts and Jobs Act (TCJA), EPS of $2.10, up 11.7 percent
    • Contributed $600 million to U.S. pension plan
    • Returned $1.2 billion to shareholders via dividends and gross share repurchases

    Full-Year Highlights:

    • Sales of $31.7 billion, up 5.1 percent year-on-year
    • Organic local-currency sales growth of 5.2 percent; growth in all business groups and all geographic areas
    • GAAP EPS of $7.93, down 2.8 percent year-on-year; excluding net impact of TCJA, EPS of $9.17, up 12.4 percent
    • Operating cash flow of $6.2 billion contributed to free cash flow conversion of 100 percent
    • Returned $4.9 billion to shareholders via dividends and gross share repurchases
    • Raised 2018 full-year earnings outlook: GAAP EPS of $10.20 to $10.70 versus $9.60 to $10.00 previously

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported fourth-quarter and full-year 2017 results. “3M’s fourth quarter was marked by record sales, expanded margins and robust organic growth across all business groups and geographic areas,” said Inge G. Thulin, 3M chairman, president and chief executive officer. “Our team’s performance capped a successful year for our enterprise. For 2017, we posted organic growth of 5 percent, along with healthy earnings, cashmore...
  • 1/25/18 6:29 am CST

    Company Marks 60 Consecutive Years of Dividend Increases

    ST. PAUL, Minn.--(BUSINESS WIRE)--The 3M Board of Directors (NYSE: MMM) today declared a dividend on the company’s common stock of $1.36 per share for the first quarter of 2018, a 16 percent increase over the quarterly dividend paid in 2017. The dividend is payable March 12, 2018, to shareholders of record at the close of business on Feb. 16, 2018. “A strong, steady and rising dividend is a hallmark of our enterprise,” said Inge G. Thulin, 3M chairman, president andmore...
  • 1/17/18 7:00 am CST

    News follows company’s clearance for 24-minute VH202 BI received in July

    Goal is to enhance patient safety by making it easy to monitor every load

    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today its submission for 510(k) clearance with the U.S. Food and Drug Administration (FDA) for its Attest™ Super Rapid System for Steam Sterilization, which will provide biological indicator (BI) results in 24 minutes. The clearance of a faster readout time for steam will continue to enhance patient safety while increasing workflow advantages for sterilization professionals. “The focus of our sterilization science at 3Mmore...