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Alphabetize the sort order of my symbols. The Company's ticker symbol is MMM. As used herein, the term "3M" or "Company" includes 3M Company and its subsidiaries unless the context indicates otherwise. Available Information The SEC maintains a website that contains reports, proxy and information statements, and other information regarding issuers, including the Company, that file electronically with the SEC.
Health Care Community Rating: Edit Symbol List Symbol Lookup. Go Now Clear List. Key Stock Data 1 Year Target. In , customers complained that the garnet was falling off the paper. The founders discovered that the stones had traveled across the Atlantic Ocean packed near olive oil , and the oil had penetrated the stones.
Unable to take the loss of selling expensive inventory, they roasted the stones over fire to remove the olive oil; this was the first instance of research and development at 3M. The company's late innovations include waterproof sandpaper and masking tape , as well as cellophane " Scotch Tape " and sound-deadening materials for cars. In the late s and early s, 3M published a line of board games , largely under the " 3M bookshelf game series " brand.
These games were marketed to adults and sold through department stores , with easily learned simple rules but complex game play and depth and with uniformly high-quality components. As such, they are the ancestors of the German " Eurogames ". The games covered a variety of topics, from business and sports simulations to word and abstract strategy games.
They were a major publisher at the time for influential U. In the mids, the game line was taken over by Avalon Hill. An example of the latter is the model M79 recorder, which still has a following today.
In , the company's data storage and imaging divisions were spun off as Imation Corporation. Imation shortly sold its imaging and photographic film businesses largely to Kodak in order to concentrate on storage. Imation was purchased by a hedge fund in and ceased to exist as an independent business.
What is left is now called Glassbridge Enterprises , an American holding company. As of , 3M was one of the 30 companies included in the Dow Jones Industrial Average , added on August 9, , and was 97 on the Fortune list. The vast majority of the company's employees are local nationals, with few employees residing outside their home country.
In , 3M Co. In addition, on February 19, , 3M announced that it would become the title sponsor of the 3M Performance at Michigan International Speedway until On April 4, , 3M announced its intention to sell its pharmaceutical non-core business.
The pharmaceuticals businesses were sold off in three deals, in Europe, the Americas, and the remainder of the world. The Drug Delivery System division continues to contract manufacture inhalants and transdermal drug-delivery systems, and has now taken on manufacture of the products whose licenses were sold during the divestiture of the pharmaceuticals business.
On October 13, , 3M completed acquisition of Arizant Inc. Orvis said it planned to continue running the company as an independent entity at its Midland, Michigan headquarters and that the Ross Reels would also continue independent operations at its headquarters in Montrose County, Colorado.
While under its ownership, 3M had chemists and other scientists develop improved fly lines that were easier to cast, floated at a higher level in the water, and dried faster for its fishing brands. Ross Reels had been acquired by 3M in On May 25, , Michael F.
Roman was appointed CEO by the board of directors. In the U. Environmental Protection Agency began investigating perfluorinated chemicals after receiving data on the global distribution and toxicity of perfluorooctanesulfonic acid PFOS.
The restoration plan was based on an analysis of the company property and surrounding lands. In the United States, 3M operates 80 manufacturing facilities in 29 states , and manufacturing and converting facilities in 37 countries outside the US in Seven hundred scientists from various divisions occupy the building.
They were previously scattered across the campus. Because 3M is a global enterprise characterized by substantial intersegment cooperation, properties are often used by multiple business segments. From Wikipedia, the free encyclopedia. For other uses, see 3M disambiguation. This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links , and by adding encyclopedic content written from a neutral point of view.
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