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  • 8/21/17 7:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--When Joe’s heart-rate monitor kept falling off, he asked his doctor, “Isn’t there a better way to make it stick?” Thanks to 3M, there is. The company that makes everything from Post-it® Notes to structural adhesives that hold airplanes together, also makes advanced medical adhesives that can hold for up to two weeks. When considering adhesive science and the challenges of a substrate like skin, design engineers know sticking-to-skinmore...
  • 8/15/17 3:32 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.175 per share for the third quarter of 2017, payable Sept. 12, 2017, to shareholders of record at the close of business on Aug. 25, 2017. 3M has paid dividends to its shareholders without interruption for more than 100 years. As of June 30, 2017, 3M had 596,767,147 common shares outstanding and 79,897 shareholders of recordmore...
  • 8/14/17 7:30 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) announced today that Amy E. Hood, executive vice president and chief financial officer, Microsoft Corp. (Nasdaq: MSFT), has been elected to 3M’s Board of Directors, effective Aug. 13, 2017. At Microsoft, Hood is responsible for leading the worldwide finance organization, including acquisitions, treasury activities, tax planning, accounting and reporting, and internal audit and investor relations, in a position she hasmore...
  • 7/25/17 6:30 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today reported second-quarter earnings of $2.58 per share, an increase of 24.0 percent versus the second quarter of 2016. Sales were $7.8 billion, up 1.9 percent year-on-year in dollar terms. Organic local-currency sales increased 3.5 percent while divestitures reduced sales by 1.0 percent. Foreign currency translation decreased sales by 0.6 percent year-on-year. Operating income was $2.2 billion and operating incomemore...
  • 7/24/17 1:08 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--Healthcare facilities can obtain faster sterility assurance results for surgical instruments following the Food & Drug Administration’s 510(k) clearance of the 3M™ Attest™ Rapid Readout Biological Indicator (BI) System for vaporized hydrogen peroxide sterilization (VH202). BI results for VH202 sterilization cycles with the 3M™ Attest™ system can now be read in just 24 minutes—the fastest readout compared to any other FDA cleared productmore...
  • 7/10/17 4:15 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE: MMM) today announced the following investor events: Second-quarter 2017 earnings conference call on Tuesday, July 25, 2017, at 8 a.m. CDT. The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S. Jefferies Industrials Conference in New York, N.Y., on Wednesday, Aug. 9, 2017. Nick Gangestad, senior vice president and chief financial officer, willmore...
  • 7/10/17 8:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The University of Minnesota and 3M announced a new sponsorship on Monday, the latest in a 90-year relationship between two of the state’s largest institutions. This 14-year, $11.2 million sponsorship of Gopher Athletics includes the naming rights to Mariucci Arena. Keeping the historic Mariucci name, the Gopher hockey facility will now be known as 3M Arena at Mariucci. “Today’s announcement brings together three names instantlymore...
  • 6/30/17 10:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced that it has completed the sale of its tolling and automated license/number plate recognition business to Neology, Inc., a leading provider of integrated solutions for tolling, electronic vehicle registration and public safety applications. Neology is a subsidiary of SMARTRAC, a portfolio company managed by One Equity Partners, a middle-market private equity firm. The tolling and automated license/number platemore...
  • 6/22/17 7:00 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--The largest body of evidence detailing the clinical benefits of patient warming, recently updated and released today, offers scientific insights and instills confidence in temperature management best practices. The 3M™ Bair Hugger™ System Research Compendium includes summaries of over 200 studies across a wide range of surgeries, making it easy for clinicians to search the large volume of research related to the clinical benefits associatedmore...
  • 6/20/17 7:45 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that Michael F. Roman is appointed chief operating officer (COO) and executive vice president, and Hak Cheol (H.C.) Shin is appointed vice chair and executive vice president. Both appointments are effective July 1, 2017. Both will report directly to Inge Thulin, 3M chairman of the board, president and chief executive officer. “Mike and H.C. are both highly effective, accomplished leaders with proven track records ofmore...