3M

Align Technology Announces Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Wednesday, January 31, 2024

As of December 31, 2023, we had $300.0 million available under a revolving line of credit.

Key Points: 
  • As of December 31, 2023, we had $300.0 million available under a revolving line of credit.
  • Commenting on Align's 2023 results, Align Technology CFO and EVP Global Finance, John Morici said, "I am pleased with our fourth quarter and fiscal 2023 results, and I am especially proud of our continued focused execution of our product roadmap and innovation pipeline.
  • Data on file at Align Technology, Inc. as of October 30, 2023.
  • ET, 2:30 p.m. MT, to review our fourth quarter and full year 2023 results, discuss future operating trends, and our business outlook.

NGS Named 3M National Dealer of the Year for Fourth Time

Retrieved on: 
Tuesday, January 30, 2024

NGS, the leading provider of building window film energy, security, and branding solutions, has been named the 2023 3M National Dealer of the Year, Multiple Market for the fourth time in its history.

Key Points: 
  • NGS, the leading provider of building window film energy, security, and branding solutions, has been named the 2023 3M National Dealer of the Year, Multiple Market for the fourth time in its history.
  • The 3M National Dealer of the Year award is given to the authorized window film dealer that demonstrates exceptional performance and leadership in the industry.
  • NGS has consistently met and exceeded these standards, making them a top choice for customers seeking high-quality service and solutions.
  • "We are honored to receive this award from 3M for the fourth time," said NGS CEO, James Beale .

Combat Arms Earplugs Settlement Set to Exceed 98% Participation Milestone

Retrieved on: 
Monday, January 29, 2024

ST. PAUL, Minn., Jan. 29, 2024 /PRNewswire/ -- Today, 3M (NYSE: MMM) announced that claimant participation in the Combat Arms Earplugs litigation settlement is on track to exceed the 98% participation threshold set forth in the settlement agreement by the final registration date of March 25, 2024. 

Key Points: 
  • 3M has elected to pay $1 billion in cash, instead of stock
    ST. PAUL, Minn., Jan. 29, 2024 /PRNewswire/ -- Today, 3M (NYSE: MMM) announced that claimant participation in the Combat Arms Earplugs litigation settlement is on track to exceed the 98% participation threshold set forth in the settlement agreement by the final registration date of March 25, 2024.
  • Under the terms of the settlement announced in August 2023, 3M agreed to pay a total of $6.0 billion to resolve the litigation over the time period of 2023 to 2029, including the option to pay up to $1.0 billion of that total in 3M stock or cash, upon satisfaction of the 98% participation level.
  • 3M has elected to pay the $1.0 billion in cash, instead of stock.
  • The strong support from more than 250,000 eligible claimants who have elected to participate in the settlement and release and dismiss their claims, coupled with ongoing dismissals of claims that do not meet participation or litigation requirements ordered by the MDL Court, are expected to resolve more than 99% of the claims in the litigation by the final registration date.

Napoli Shkolnik 2023 In Review: Law Firm Reaches Groundbreaking Victories for Victims of Water Contamination; Important Litigation Filed in Insulin Pricing Scheme, Air Pollution, and More

Retrieved on: 
Wednesday, January 24, 2024

National law firm Napoli Shkolnik has concluded another successful year of landmark settlements and significant legal action in the areas of environmental litigation, mass tort, and human rights.

Key Points: 
  • National law firm Napoli Shkolnik has concluded another successful year of landmark settlements and significant legal action in the areas of environmental litigation, mass tort, and human rights.
  • Among the firm’s accomplishments of 2023 were significant breakthroughs in the ongoing multidistrict litigation (MDL) against manufacturers of aqueous film-forming foam (AFFF).
  • The funds will go to cities, towns and other public water providers over a 13-year period to test for and treat PFAS contamination.
  • The program’s rigorous and enriching curriculum is designed to continue Napoli Shkolnik’s legacy of delivering justice for their clients.

Electrical Conductors Market for the Power Industry: USD 13.8 Billion Growth Forecasted at a CAGR of 6.78% between 2024 to 2028 - Technavio

Retrieved on: 
Sunday, January 28, 2024

NEW YORK, Jan. 28, 2024 /PRNewswire/ -- The Electrical Conductors Market for the Power Industry is set for substantial growth with a robust USD 13.8 billion surge at an impressive CAGR of 6.78% between 2023 and 2028, as forecasted by Technavio.

Key Points: 
  • NEW YORK, Jan. 28, 2024 /PRNewswire/ -- The Electrical Conductors Market for the Power Industry is set for substantial growth with a robust USD 13.8 billion surge at an impressive CAGR of 6.78% between 2023 and 2028, as forecasted by Technavio.
  • The power transmission segment is forecasted to play a major role in the market's growth, accounting for a significant share.
  • Electrical Conductors Market For The Power Industry Application Outlook (Revenue, USD bn, 2023-2028)
    Electrical Conductors Market For The Power Industry Type Outlook (Revenue, USD bn, 2023-2028)
    Electrical Conductors Market For The Power Industry Geography Outlook (Revenue, USD bn, 2023-2028)
    The Europe - Aluminium Wire Rods Market size is estimated to grow at a CAGR of 5.54% between 2023 and 2028, with the market size forecast to increase by USD 1.17 billion.
  • The US - semiconductor capital spending market size is estimated to grow at a CAGR of 5.31% between 2023 and 2028.

USD 1.78 billion growth in IT market in Qatar from 2022 to 2027; Growth driven by Increased adoption of mobility solutions - Technavio

Retrieved on: 
Friday, January 19, 2024

The adoption of mobility solutions is driving Qatar's IT market growth, supported by expanding wireless networks.

Key Points: 
  • The adoption of mobility solutions is driving Qatar's IT market growth, supported by expanding wireless networks.
  • Crucial for government operations, mobility facilitates data collection, unified communication, and e-government, aligning with Qatar National Vision 2030's digital transformation.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • The Oman - Information Technology (IT) Market trend -  Increased adoption of IT as a service is the major trend fueling the market growth.

The Inner Circle Acknowledges, Ivy Chang as a Life Achiever 2024

Retrieved on: 
Monday, January 8, 2024

MINNETONKA, Minn., Jan. 8, 2024 /PRNewswire/ -- Prominently featured in The Inner Circle, Ivy Chang is acknowledged as a Life Achiever 2024 for her contributions to the field of Public Relations.

Key Points: 
  • MINNETONKA, Minn., Jan. 8, 2024 /PRNewswire/ -- Prominently featured in The Inner Circle, Ivy Chang is acknowledged as a Life Achiever 2024 for her contributions to the field of Public Relations.
  • Ms. Chang and her mother remained in Taiwan with her father's extended family.
  • They could not enter the U.S. because the U.S. Congress did not allow families of students to enter the U.S.
  • After being separated from her father for seven years, Ms. Chang and her mother moved to the United States in 1955 to reunite with her father in Minnesota.

Global Nanotechnology Industry Research Report 2023: Historical Market Revenue Data for 2022, Estimates for 2023, and CAGR Projections through 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 8, 2024

The nanotechnology industry is anticipated to continue its growth trajectory, driven by advancements in research and development, increased adoption across industries and ongoing innovations in materials and processes.

Key Points: 
  • The nanotechnology industry is anticipated to continue its growth trajectory, driven by advancements in research and development, increased adoption across industries and ongoing innovations in materials and processes.
  • Global governments, academia and industries are investing in nanotechnology initiatives, which indicates a strong commitment to its development.
  • North America dominates the nanotechnology market with a 38.1% share in 2022 due to a significant rise in R&D investments in nanotechnology.
  • Rising competition among nanotechnology market players is continuously helping in product differentiation, cost reduction and innovation, which fuels market development.

3M to unveil world's first self-charging protective communications headset at CES 2024

Retrieved on: 
Wednesday, January 3, 2024

Converts outdoor and indoor light into clean, continuous energy

Key Points: 
  • Converts outdoor and indoor light into clean, continuous energy
    ST. PAUL, Minn., Jan. 3, 2024 /PRNewswire/ -- At CES 2024, 3M will debut the world's first self-charging protective communications headset that converts outdoor and indoor light into clean electrical energy.
  • The headset uses a patented solar cell technology called Powerfoyle ™ that recharges a built-in lithium-ion battery and eliminates the need for single-use batteries.
  • So, whether you are working outdoors in the sun or inside with artificial light, your headset will continuously charge.
  • "This technology is a real game-changer," said Peter Berghamn, business director of 3M PELTOR.

Combat Arms Earplugs Settlement Implementation Reaches Next Milestone

Retrieved on: 
Wednesday, December 27, 2023

ST. PAUL, Minn., Dec. 27, 2023 /PRNewswire/ -- Since the Combat Arms Earplug settlement agreement was announced in August 2023, it has received strong and widespread support from claimants and the broader military community.

Key Points: 
  • ST. PAUL, Minn., Dec. 27, 2023 /PRNewswire/ -- Since the Combat Arms Earplug settlement agreement was announced in August 2023, it has received strong and widespread support from claimants and the broader military community.
  • This support has helped the parties and the courts reach the next milestone set forth in the agreement toward full implementation of the settlement.
  • On December 26, 3M made a payment of $250 million to the Qualified Settlement Fund to compensate claimants seeking expedited payments under the settlement agreement.
  • Aearo and 3M will continue to work with all parties and the courts toward full implementation of the settlement agreement, and will provide updates as additional milestones are reached.