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3M Overview
At 3M, we pair imaginative thinking with science-based technology to create
globally-renowned products. We lead scores of markets: health care, safety,
office products, and transportation - to name a few. So what’s our secret? It’s
simple: We approach real-world problems with our array of technologies to
satisfy customers. Leading this process are some of the world’s best and
brightest employees who share a commitment to innovation and excellence. If
that’s you, read on.
3M AT A GLANCE
- Worldwide sales: $26.7 billion.
- International sales: $17.5 billion (65 percent of company's total).
- Operations in more than 65 countries.
- 80,000 employees worldwide.
- 38 international companies with manufacturing operations, 35 with laboratories.
- Operations in 28 states in the US.
- 7,350 researchers worldwide; 3,700 in the United States.
3M LEADERSHIP
Of all the pathways to growth, investing in our people is most important. The premise is simple — if our people grow, our company will grow.
3M's first chairman of the board, William L. McKnight, laid the groundwork for building future leaders at 3M. “As our business grows” he said in 1944, “it becomes increasingly necessary to delegate responsibility and encourage men and women to exercise their initiative."
3M believes that all employees are leaders. Leadership by employees is defined not only by business results, but by how those results are achieved. 3M encourages employees to follow these six Leadership Attributes in their daily work.
- Thinks from the Outside In
- Drives Innovation & Growth
- Develops, Teaches & Engages Others
- Makes Courageous Decisions
- Leads with Energy, Passion & Urgency
- Lives 3M Values
Leadership development remains at the top of the company's agenda and 3M
continues to be recognized for its commitment to developing leaders.
Learn more about current 3M leadership:
ORGANIZATION
We’re made up of 35 business units which are broken into six
businesses. We share resources in technological, manufacturing,
marketing and research.
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Consumer and Office Business
We rejuvenate and invent products for the office and home. Our brands include
Scotch,® Post-it,® Scotch-Brite,® Scotchgard,™ O-Cel-O,™ Filtrete,® Command™
and Nexcare.™ There are more than 1,000 Post-it® products sold in more than 100
countries.
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Display and Graphics Business
We’re a world leader in films that brighten the displays on electronic products: flat-panel computer monitors, cellular phones, PDAs, and LCD televisions.
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Electronics and Communications Business
3M is a leading supplier of innovative solutions to the electrical, electronics, and
telecommunications industries.
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Health Care Business
We combine technologies, world-class manufacturing and our global reach to provide trusted health products that promote and improve the quality, cost and outcomes of care.
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Industrial and Transportation Business
We’re a global leader in tapes, abrasives, adhesives, specialty chemicals, filtration systems and supply chain management software for the transportation industry. Our products are applicable everywhere from the automotive world to aerospace engineering.
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Safety, Security and Protection Services Business
Our products increase the safety, security and productivity of people, facilities and systems around the world. This business covers everything from border document authentication devices to library safety systems.
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HISTORY
1900s
1902 - 3M founded in Two Harbors, MN.
1905 - 3M moved to nearby Duluth to focus on sandpaper products.
1910s
1910 - Lucius Ordway joins 3M and moves company to St. Paul.
1916 - 3M paid first dividend of 6 cents a share.
1920s
The world's first waterproof sandpaper developed (reducing airborne dusts during automotive manufacturing).
1925 - Richard G. Drew invents masking tape.
1930s
The Adhesives Division was established.
1940s
Post-war innovation - Scotchlite™ Reflective Sheeting for highway markings, magnetic sound recording tape, filament adhesive tape, the start of 3M's involvement in the graphic arts with offset printing plates.
1950s
3M introduces Thermo-Fax™ copying process, Scotchgard™ Fabric Protector, videotape, Scotch-Brite® Cleaning Pads new electro-mechanical products.
1960s
Dry-silver microfilm introduced along with photographic products, carbonless papers, overhead projection systems. Rapid growth in medical and dental products.
1970s
Pharmaceuticals, radiology and energy control expand.
1980s
1980 - 3M introduces Post-it® Notes.
1990s
Sales reach $15 billion mark. 3M continues to develop immune response modifier pharmaceuticals, brightness enhancement films for electronic displays, and flexible circuits used in inkjet printers, and cell phones.
2000s
2004 - Sales top $20 billion. Post-it® Super Sticky Notes, Scotch® Transparent Duct Tape, optical films for LCD televisions, and a new family of Scotch-Brite® cleaning products enter the market.
VALUES
3M Values, Ethics and Sustainability
What we stand for is as important as what we sell. That’s why 3M advocates
uncompromising honesty and integrity both
within our company and in contact with consumers, stakeholders and communities.
We recognize that our long-term success springs from adopting and implementing
principles of sustainable development: stewardship to the environment,
contributions to society, and to the creation of economic value and worth.
3M Values
Business Conduct Policies
Sustainability
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