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3M

@3m.com

3M operates as a diversified technology company, manufacturing more than 55,000 products, including adhesives, laminates, and many more.

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3M, also known as Minnesota Mining and Manufacturing Company, is a diversified multinational conglomerate headquartered in Maplewood, Minnesota, United States. The company was founded in 1902 by five businessmen who aimed to mine a mineral deposit for grinding-wheel abrasives. Over the years, 3M transformed into a global innovation company with a focus on various industries, including healthcare, safety, electronics, transportation, and consumer goods.


The company's headquarters in Maplewood, Minnesota, serves as the central hub for its global operations. This sprawling campus is home to research and development facilities, manufacturing plants, and corporate offices. The location houses around 15,000 employees, reflecting 3M's commitment to research and innovation.


3M offers a wide range of products and services across its various business segments. These include adhesives, abrasives, personal protective equipment, medical and dental products, car care products, electronic materials, office supplies, and consumer goods. The company's innovative products have become household names, such as Post-it Notes, Scotch Tape, and Nexcare.


On a global scale, 3M operates in more than 70 countries and has over 90,000 employees worldwide. The company has established numerous subsidiaries, joint ventures, and partnerships to expand its global reach. Noteworthy subsidiaries include 3M Japan, 3M India, and 3M China.


Additionally, 3M has formed partnerships with various organizations and institutions to collaborate on research and development projects. In terms of market position, 3M is recognized as a major player in various industries. The company's global sales amounted to $32.


2 billion in 2020, showcasing its significant presence and influence in the market. 3M faces competition from other multinational corporations, including Johnson & Johnson, General Electric, and DuPont. Throughout its history, 3M has achieved several milestones and made significant changes to its brand and product lineup.


One notable event was the invention of Scotch Tape in 1925, which revolutionized the way people secure objects. Additionally, the company's commitment to sustainability has led to the development of eco-friendly products aimed at reducing environmental impact. Currently, 3M continues to innovate and expand its product offerings.


The company has recently focused on expanding its presence in healthcare through acquisitions and partnerships, particularly in the areas of infection prevention and oral care. In conclusion, 3M is a multinational conglomerate known for its diverse range of innovative products and services. With a strong global presence, strategic partnerships, and a market position as a leading player, 3M remains committed to driving innovation and sustainability across industries

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Company Type

Public Company

Company Size

10,001+

Year Founded

1902

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