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 3M headquarters in Maplewood, Minnesota | |
| Formerly | Minnesota Mining and Manufacturing Company (1902–2002) |
|---|---|
| Company type | Public |
| ISIN | US88579Y1010 |
| Industry | Conglomerate |
| Founded | June 13, 1902 in Two Harbors, Minnesota, U.S.[1] |
| Founders |
|
| Headquarters | , U.S. |
Area served | Worldwide |
Key people | William M. Brown (CEO)[3] |
| Revenue |  US$32.68 billion (2023) |
 US$−9.13 billion (2023) | |
| US$−6.99 billion (2023) | |
| Total assets | US$50.58 billion (2023) |
| Total equity | US$4.87 billion (2023) |
Number of employees | c. 85,000 (2023) |
| Website | 3m |
| Footnotes / references [4] | |
3M Company (originally the Minnesota Mining and Manufacturing Company) is an American multinational conglomerate operating in the fields of industry, worker safety, and consumer goods.[5] Based in the Saint Paul, Minnesota, suburb of Maplewood,[6] the company produces over 60,000 products,[7] including adhesives, abrasives, laminates, passive fire protection, personal protective equipment, window films, paint protection film, electrical, electronic connecting, insulating materials, car-care products,[8] electronic circuits, and optical films.[9] Among its best-known consumer brands are Scotch Tape, Scotchguard surface protectants, Post-it notes, and Nexcare adhesive bandages. 3M’s stock ticker symbol is MMM and is listed on the New York Stock Exchange, Inc. (NYSE), the Chicago Stock Exchange, Inc., and the SIX Swiss Exchange.
3M made $35.4 billion in total sales in 2021 and ranked number 102 in the Fortune 500 list of the largest United States corporations by total revenue.[10] As of 2021[update], the company had approximately 95,000 employees and operations in more than 70 countries.[11] There are a few international subsidiaries, such as 3M India, 3M Japan, and 3M Canada.[12]
In June 2023, 3M reached a settlement to pay more than $10 billion to US public water systems to resolve claims over the company's contamination of water with PFASs (so-called forever chemicals).[13] It has been revealed that the company knew of the health harms of PFAS in the 1990s, yet concealed these harms and continues to sell contaminated products.[14][15]
- ^ "3M Birthplace Museum", Lake County Historical Society
- ^ "It all started with a rock". 3M Australia. June 11, 2021. Retrieved March 9, 2022.
- ^ "3M names William Brown as new CEO", 3M, March 12, 2024
- ^ "3M Company 2023 Annual Report". SEC.gov. U.S. Securities and Exchange Commission. February 8, 2024.
- ^ "3M Company Profile". Vault.com. Retrieved July 17, 2018.
- ^ "3M Center, Maplewood 55144 – Google Maps". Google Maps. Retrieved July 14, 2013.
- ^ Chamaria, Neha (October 24, 2018). "Why 3M Company Finds It Hard to Keep Up With Investor Expectations". The Motley Fool. Retrieved October 10, 2019.
- ^ "3M U.S.: Health Care". Solutions.3m.com. Retrieved March 29, 2012.
- ^ "Who We Are – 3M US Company Information". Solutions.3m.com. Archived from the original on September 13, 2008. Retrieved July 14, 2013.
- ^ "Fortune 500: 3M". Fortune. Retrieved September 20, 2022.
- ^ "3M Company 2021 Annual Report". SEC.gov. U.S. Securities and Exchange Commission. February 9, 2021.
- ^ "3M Company and Consolidated Subsidiaries (Parent and Subsidiaries) as of December 31, 2016". U.S. Securities and Exchange Commission.
- ^ "3M pays $10.3bn to settle water pollution suit over 'forever chemicals'". The Guardian. June 22, 2023. ISSN 0261-3077.
- ^ Sakaguchi, Sharon; Lerner, Haruka (May 20, 2024). "Toxic Gaslighting: How 3M Executives Convinced a Scientist the Forever Chemicals She Found in Human Blood Were Safe". ProPublica.
- ^ Lerner, Sharon (May 20, 2024). "How 3M Discovered, Then Concealed, the Dangers of Forever Chemicals". The New Yorker. ISSN 0028-792X.