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Press Releases

  • 4/21/03 6:30 am CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M (NYSE:MMM) today announced its sales and earnings results for first quarter 2003. The company reported net income of $502 million, or $1.27 per share, versus $452 million, or $1.14 per share, in the first quarter of 2002. Excluding special items(a), 3M earned $1.42 per share, up 15.4 percent from $1.23 per share in last year's first quarter. Net income, excluding special items(a), was $560 million versus $487 million in themore...
  • 4/10/03 1:35 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--More than 24 million Americans are infected with the human papillomavirus (HPV)(1), the virus that can cause one of the most common, yet least recognized, sexually transmitted diseases (STDs) known as external genital warts (EGWs), according to United States health experts. In fact, nearly three out of four Americans will be infected with HPV in their lifetime.(2) According to a recent nationwide survey of adults ages 18-40, conducted by Harrismore...
  • 4/7/03 1:00 pm CDT
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that Michael L. Eskew, 53, Chairman and CEO, UPS, has been elected to 3M's Board of Directors. Eskew has been appointed to serve on the Board's Audit and Public Issues Committees. He became Chairman and CEO of UPS in January 2002. Prior to his current position, Eskew served as vice chairman and executive vice president. He joined the company in 1972 and has been a member of the UPS Board of Directorsmore...
  • 4/4/03 12:11 pm CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today it has acquired GuardiaNet Systems Inc., a leading software company serving the public library market. Terms of the transaction were not disclosed. GuardiaNet's software and hardware manages access and collects fees for the use of library resources such as computers, printers, copiers, audiovisual equipment and meeting rooms, also known as shared public resource management. "This acquisition enhancesmore...
  • 3/26/03 7:59 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--The United States Court of Appeals for the Third Circuit ruled against 3M yesterday in a federal antitrust claim brought in 1997 by LePage's Inc., a transparent tape competitor of 3M. 3M intends to petition the United States Supreme Court to review the Third Circuit's ruling. LePage's claim focused on specific rebate programs involving transparent tape and other products. 3M discontinued such programs more than three years ago.more...
  • 3/21/03 10:48 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M Health Care now offers the only surgical clipper on the market with a fixed disposable blade assembly that can be operated by either rechargeable battery or electrical cord. The company will introduce the new product at the Association of periOperative Registered Nurses (AORN) conference next week in Chicago, Ill. The versatile 3M surgical clipper is the first surgical clipper for full body and head hair removal that offersmore...
  • 3/18/03 10:32 am CST
    AUSTIN, Texas--(BUSINESS WIRE)--"Electrical Performance Advantages of Ultrathin Dielectric Materials Used for Power-Ground Cores in High-Speed, Multilayer Printed Circuit Boards" will be presented at IPC Printed Circuits Expo 2003 by Joel Peiffer, engineering specialist with the 3M Organic Materials Technology Center. Peiffer co-authored the paper with Bob Greenlee of Merix Corp. and Istvan Novak of Sun Microsystems. The electrical performance improvements, as well as themore...
  • 3/3/03 8:51 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M Automotive Division's 3M solar reflecting film was named one of the winners of the 2003 PACE Award. The announcement was made last night (March 2) during a banquet at the Detroit Opera House. The PACE -- Premier Automotive Suppliers' Contributions to Excellence -- Award is co-sponsored by Cap Gemini Ernst & Young and the Automotive News. Twenty-two finalists and their guests attended the awards banquet to learn who among themmore...
  • 3/3/03 8:04 am CST
    ST. PAUL, Minn.--(BUSINESS WIRE)--3M today announced positive clinical results in pivotal Phase III studies of Aldara (imiquimod) Cream, 5%, an immune response modifier (IRM), for multiple actinic keratoses (AK) and superficial basal cell carcinoma (sBCC). These potentially serious skin conditions are a direct result of cumulative sun exposure. In the AK trials, the median percent reduction in the number of AK lesions counted at baseline was 83 percent in the Aldaramore...
  • 2/25/03 1:59 pm CST
    SALT LAKE CITY--(BUSINESS WIRE)--3M Health Information Systems Division and Premier Inc. today announced a strategic agreement to market 3M's DRG Assurance consulting, assessment and documentation improvement services in conjunction with Premier's Perspective Online, the healthcare industry's most comprehensive and scalable comparative provider performance database. These product solutions for improving clinical performance will be offered to Premier's nationwide alliance ofmore...