Minnesota Mining and Manufacturing Company. Date: 1902 - present. Ticker: MMM. Share price: $128.6 (mkt close, Sep. 06, 2024) Market cap: $71.16 bil. Annual revenue: $32.61 bil. Earnings per share (prev. year): $9.42. Sector: Industrial Applications and Services. Industry: Conglomerates. CEO: Michael F. Roman. …
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Minnesota Mining and Manufacturing Company (soon nicknamed 3M) was formed in 1902 in Two Harbors, Minnesota, a thriving village on the shores of Lake Superior, by five entrepreneurs--a lawyer, a doctor, two railroad executives, and a butcher--in order to mine the rare mineral corundum and market it as an abrasive.
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Minnesota Mining and Manufacturing Company was founded by Dr. J. Danley Budd, Henry. S. Bryan, William A. McGonagle, John Dwan and Hermon W. Cable in Two Harbors, MN. Initial mining efforts failed to produce corundum, a mineral ideal for making sandpaper. Instead, the mineral anorthosite was used and sales were weak.
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3M announced it expects to invest approximately $1 billion over the next 20 years to accelerate new environmental goals: achieve carbon neutrality by 2050, reduce water use by 25% at its facilities, and return higher quality water to the environment after use in manufacturing operations.
WhatsApp: +86 18221755073
T he 3M Company began in 1902 in Two Harbors, Minnesota. Originally the company, then named Minnesota Mining and Manufacturing, was involved in mining a mineral deposit for grinding wheel abrasives. Three years later the company moved to Duluth to focus on manufacturing sandpaper products.
WhatsApp: +86 18221755073
Investing capital in high growth, high return end-markets that benefit from 3M's fundamental strengths. Accelerating digital capabilities and expanding the use of data and data analytics to better serve customers and improve operational agility and performance.
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More than a century ago, 3M started as a small-scale mining venture in Northern Minnesota, then named Minnesota Mining and Manufacturing Company. About 3M At 3M, we apply science in collaborative ways to improve lives daily.
WhatsApp: +86 18221755073
From its early beginnings on Lake Superior's North Shore to its legacy of innovative manufacturing in St. Paul, 3M—formerly known as the Minnesota Mining and Manufacturing Company—has introduced both consumer and industrial products that have been successfully marketed worldwide.
WhatsApp: +86 18221755073
More than a century ago, 3M started as a small-scale mining venture in Northern Minnesota, then named Minnesota Mining and Manufacturing Company. Now a global powerhouse, our products improve the daily lives of people around the world.
WhatsApp: +86 18221755073
From its early beginnings on Lake Superior's North Shore to its legacy of innovative manufacturing in St. Paul, 3M—formerly known as the Minnesota Mining and Manufacturing Company — has...
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