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The 3M company formerly known as Minnesota Mining and Manufacturing Company is an American multinational conglomerate corporation based in Maplewood Minnesota a suburb of St. Paul 2.
With 30 billion annual sales, 3M employs 88,000 people worldwide and produces over 55,000 products including abrasives, laminates passive protection against fire adhesive dental and orthodontic products, electronic equipment, medical products, product car care films sun, varnish, wax, car shampoo, treatment for exterior, interior and under protection against rust chassis 3 electronic circuits and optical films 4 3M operates in more than 65 countries including 29 international companies with manufacturing operations and 35 companies with products 3M laboratories are available for purchase from distributors and retailers and online directly from the company.
Five businessmen founded 3M Two Harbors Minnesota, 1902 5 Originally a mining company, the goal was to mine corundum but it failed because the mining assets of the mine were anorthosite which has no commercial value 5 Co-founder John Dwan solicited funds in exchange for stock and Edgar Ober and Lucius Ordway took over the company in 1905 the company moved 5 in Duluth and began research and manufacture of sandpaper products 5 William l McKnight later, a key executive, joined the company in 1907, and Bush joined AG in 1909 5 3M finally become financially stable in 1916 and was able to pay dividends 5.
The company moved to St. Paul in 1910, where he remained for 52 years before outgrowing the campus and moving to its current headquarters at 3M Center in Maplewood Minnesota in 1962 6 The new Maplewood campus is 475 acres January 92 km 2 has more than 50 buildings, including an innovation center that displays 3M products took the market.
The company began by mining stone quarries for use in Fighting wheels with the quality and marketing of its products, management maintained its workers to innovate and develop new products, which have become the heart of business 7 Twelve years after its creation, 3M developed its first exclusive product fabric Three-M-ite Other innovations in this period included tape, paper waterproof glass with water and strips of Scotch brand in 1929, 3M his first moves towards international expansion by forming Durex to do business in Europe the same year, the company's shares was traded over the counter in 1946 and listed on the New York stock Exchange NYSE society is currently a component of Dow Jones Industrial Average and SP 500.
The office building where John Dwan 3M was founded; now a museum.
The founders initial plan was to sell the corundum to Eastern manufacturers for the manufacture of grinding wheels After purchasing office, June 13, 1902, the five went to two Harbors office of company secretary John Dwan, who was on the verge of Lake Superior and is now part of 3M National Museum, and documents signed by Minnesota Mining and Manufacturing society in reality, however, Dwan and his associates do not sell what they thought; they really sold the mineral anorthosite worthless 8.
Failing to make sandpaper with the anorthosite, the founders decided to import minerals like Spanish garnet after which the sale of pumice rose in 1914, customers have complained that the garnet was falling off the paper's founders discovered that the stone had crossed the Atlantic ocean near packed in olive oil and the oil had penetrated the stones can not take the loss from the sale of expensive stocks, they roasted the stones on the fire to remove the olive oil; this was the first instance of research and development at 3M.
The innovation society of fine sandpaper include waterproof tape 1921 and 1925, and the Scotch cellophane and soundproofing materials for cars.
In 1947, 3M began producing PFOA electrochemical fluorination 9 In the 1950s, the company expanded worldwide with operations in Canada, Mexico, France, Germany, Australia and the UK much Clarence Sampair.
In 1951, DuPont began buying PFOA from then-Minnesota Mining and Manufacturing Company for use in the manufacture of Teflon, a product that DuPont a billion dollars a year profit by 1990, 10 DuPont called PFOA C8 11.
In 1951, international sales were approximately 20 million 3M's achievements have been recognized by the American Institute of Management naming the company one of the five best-managed companies in the US and included the top 12 titles 12 3M growth.
In the 1960s and early 1970s, 3M has released a line of board games largely under the brand series 3M Library Games These games were marketed to adults and sold in department stores with easy to learn simple rules, but the complex interplay and depth and consistently high quality components as such, they are the ancestors of German EuroGames games covered a variety of topics, from business and sports simulations speech and abstract strategy games were a major publisher at the time to influential American designers Sid Sackson Alex Randolph and the mid-1970s, the play line was taken over by Avalon Hill.
3M traffic lights installed in Shelton, Washington permanent off-axis for the display area, these signals are invisible to adjacent lanes of traffic in daylight A faint glow is visible at night.
The same two signals above, taken in the signal s display area for a single lane in north direction of optical diffusing special light and a color Fresnel lens create the indication.
3M Mincom the Division presented several models of magnetic tape recorders for use in instrumentation and the sound recording studio An example of the latter is the M79 recorder model, which still has to today following 3M Mincom was also involved in the design and manufacture of video production equipment for the television and video post-production industry in the 1970s and 1980s, with elements such as character generators and several different models video switchers from audio and video router models to video mixers for studio production work.
3M Mincom was involved in some of the first digital audio recordings from the late 1970s to see commercial release when a prototype machine has been brought to its 80 studios in Minneapolis After drawing on the experience of this prototype recorder, later 3M introduced in 1979 a commercial available digital audio recording system called mastering 3M digital audio system, 13 which consisted of a digital recorder 32 tracks and a companion 4-track digital recorder for mastering 3M final mix later designed and several other models manufactured commercially available digital audio recorders used throughout the early to mid 1980s.
In 1980, the company introduced Sticky In 1996, data storage and the company's Imaging divisions were spun off as Imation Corporation, now called Glassbridge Imation Enterprises sold since its imaging and photographic film businesses to focus on storage.
Today, 3M is one of 30 companies included in the Dow Jones Industrial Average added 9 August 1976, and 97 on the Fortune 500 list in 2011 14 The company has 132 factories and more than 67 000 employees world, with sales offices in over 200 countries, the vast majority of the company's employees are local nationals, with few employees outside their country of origin sales worldwide are more than 20 billion, with international sales 58 of the total.
In 2002, 3M Co agreed to acquire AiT Advanced Information Technologies Corp. For approximately 37 4 million in cash, after AiT had strongly hinted that it had put itself on the auction block.
On December 20, 2005, 3M announced a major partnership with Roush-Fenway Racing one of NASCAR's leading organizations in 2008, the company sponsored Greg Biffle in the NASCAR Sprint Cup Series as he drove the No. 16 Ford Fusion plus, February 19, 2006, 3M announced it would become the title sponsor of the 3M Performance 400 at Michigan International Speedway until 2011.
On April 4, 2006, 3M announced its intention to sell its non-core pharmaceutical business Pharmaceuticals business were sold in three awards in Europe, the Americas and the world Another division of the health care business , drug Delivery systems, stay with 3M drug Delivery system division continues to contract manufacture inhaled and transdermal systems for drug delivery, and has now taken on the manufacture of products whose licenses were sold on the disposal of pharmaceutical business 15 September 8, 2008, 3M announced an agreement to acquire Meguiar's car care products company owned by the same family for over a century 16.
On August 30, 2010, 3M announced that they had acquired Cogent Systems for 943 million 17.
On October 13, 2010, 3M completed the acquisition of 18 Arizant Inc. In December 2011, 3M completed the acquisition of Winterthur Technology Group, a bonded abrasives company.
3M follows a business model based on the ability to develop not only unique, but also to make them effectively and consistently worldwide 3M 19.
On January 3, 2012, it was announced that its acquisition of the division office and consumer Avery Dennison 3M 550 million 20 The transaction was canceled by 3M in September 2012 amid antitrust concerns 21.
In March 2017, it was announced that 3M has been buying Johnson Control International Plc of safety equipment business, the Scott Safety for 2 billion 22.
Target Light System, manufactured by 3M headquarters in Minneapolis Target 23.
In 1999, the Environmental Protection Agency, US EPA began investigating perfluorinated chemicals CPF after receiving data on the global distribution and toxicity of PFOS 24 3M, the former primary producer US PFOS announced the phasing out of PFOS, PFOA and PFOS-related product producing 25 May 2000 CPF produced by 3M were used in tissue-stick cookware and stain resistant 26 installation Cottage Grove manufactured CPF years 1940 to 2002 in response to 27 Mississippi River PFC contamination and its surroundings, 3M says the area will be cleaned by a combination of groundwater pumping wells and the excavation of soil sediments restoration plan must be based on an analysis of the property of the business and surrounding land 28 of the water treatment plant on site that handles post-production of the plant water is not able to elim ine the CPF, which were released in the nearby Mississippi River 27 estimating cleanup costs is 50-56000000, which wi ll be funded by a reserve of 147 million environmental set aside in 2006 29.
In 1983, the Dump Oakdale in Oakdale, Minnesota was listed as a site EPA Superfund after significant groundwater and soil contamination by VOCs and heavy metals was discovered Dump Oakdale was a 3M dumping site used in the 1940s and 1950s.
In 2008, 3M has created the Renewable Energy Division in transport and industrial 3M company to focus on energy production and energy management 30 31.
In late 2010, the state of Minnesota sued 3M claiming they released CPF, a chemical highly toxic according to the EPA, but unknown at the time of release into local waterways 32.
General offices, corporate research laboratories and some 3M division laboratories are located in Maplewood, Minnesota in the United States, 3M has nine sales offices in eight states and operates 74 manufacturing facilities in 27 countries internationally, 3M has 148 sales offices The Company operates 93 manufacturing facilities and processing in 32 countries outside the United States 33.
3M has almost all of its physical properties Because 3M is a global enterprise characterized by substantial intersegment cooperation, properties are often used by several industries including the supply of 34 integrity.
Cynthiana, Kentucky plant the US post-it 672 SKU production and Scotch tape 147 SKU It has 539 employees and was established in 1969 35.
Newton Aycliffe County Durham, UK factory producing respirators for worker safety, using laser technology It has 370 employees and recently there was an investment of 4.5 million 7 million 36 37.
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Inge G Thulin - Chairman, President and CEO.
James L Bauman - Executive Vice President, Energy Business Group Electronics.
Julie L Bushman - Senior Vice President, Business Transformation and Information Technology.
Joaquin Delgado - Executive Vice President, Healthcare Business Group.
Ivan K Fong - Senior Vice President, Legal Affairs and General Counsel.
Nicholas C Gangestad - Senior Vice President and Chief Financial Officer.
Ashish K Khandpur - Senior Vice President, Research and Development and CTO.
Jon T Lindekugel - Senior Vice President, Business Development and Marketing-Sales.
Marlene M McGrath - Senior Vice President, Human Resources - 877 496-3636.
Kimberly Foster Award - Senior Vice President, Communications and Enterprise Services.
H C Hak Cheol Shin - Executive Vice President, International Operations.
Michael G Vale - Executive Vice President, Consumer Business Group.
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M & m German car care, German, care, Retrieved March 2012, Senior Vice President.