Ramsey County, Minnesota

3M to Advance Operating Model, Improve Cost Structure, and Accelerate Innovation

Retrieved on: 
Thursday, December 3, 2020

"At the same time, we are seeing significant opportunities from our new operating model which we launched at the start of the year.

Key Points: 
  • "At the same time, we are seeing significant opportunities from our new operating model which we launched at the start of the year.
  • In January 2020, 3M launched a new global operating model a significant step in the company's transformation which has evolved the way 3M works, enabling the company to be more customer focused and responsive, helping 3M to lead during the pandemic.
  • With the actions 3M is announcing today, the company will further enhance its operations and marketing capabilities.
  • At 3M, we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world.

3M Announces Upcoming Investor Event

Retrieved on: 
Monday, November 30, 2020

3M (NYSE: MMM) today announced the following investor event:

Key Points: 
  • 3M (NYSE: MMM) today announced the following investor event:
    Credit Suisse 8th Annual Virtual Industrials Conference on Thursday, Dec. 3, 2020.
  • Mike Roman, chairman and chief executive officer, and Monish Patolawala, senior vice president and chief financial officer, will speak at 8:10 a.m. EST.
  • At 3M, we apply science in collaborative ways to improve lives daily.
  • Learn more about 3Ms creative solutions to the worlds problems at www.3M.com or on Twitter @3M or @3MNews.

U.S. Department of Defense to Implement 3M Computer-Assisted Coding Technology Worldwide

Retrieved on: 
Tuesday, November 17, 2020

The contract provides for implementation of 3M 360 Encompass components at an initial operating capability site in the Military Health System (MHS).

Key Points: 
  • The contract provides for implementation of 3M 360 Encompass components at an initial operating capability site in the Military Health System (MHS).
  • Under the agreement with Leidos, the DoD Military Health System will implement 3M 360 Encompass computer-assisted coding technology for coding and reimbursement of facility services at 55 U.S. military hospitals and associated medical clinics worldwide.
  • 3M Health Information Systems is a division of 3M Health Care, part of 3M Company.
  • For more information about the 3M 360 Encompass System, visit www.3m.com/his
    At 3M, we apply science in collaborative ways to improve lives daily.

3M Reports Sales Information for Month of October 2020

Retrieved on: 
Friday, November 13, 2020

3M (NYSE: MMM) today reported sales information for the month of October 2020.

Key Points: 
  • 3M (NYSE: MMM) today reported sales information for the month of October 2020.
  • Total sales increased 12 percent in Health Care, 7 percent in Consumer, and 4 percent in Safety and Industrial, while Transportation and Electronics declined 4 percent.
  • Organic local-currency sales increased 8 percent in both Health Care and Consumer, and 4 percent in Safety and Industrial, while Transportation and Electronics declined 4 percent.
  • This news release contains forward-looking information about 3M's financial results and estimates and business prospects that involve substantial risks and uncertainties.

AIME USA Files Lawsuit Against 3M

Retrieved on: 
Tuesday, October 20, 2020

AIME USA today announced the filing of a counter lawsuit against 3M in an effort to defend itself against 3Ms suit originally filed on July 20, 2020 by 3M.

Key Points: 
  • AIME USA today announced the filing of a counter lawsuit against 3M in an effort to defend itself against 3Ms suit originally filed on July 20, 2020 by 3M.
  • AIME USA, a Florida-based medical supplies manufacturer and distributor, alleges:
    3Ms reckless actions endanger the American jobs AIME USA seeks to create.
  • On July 20th, 3M filed a lawsuit against AIME USA in the U.S. District Court for the Western District of Washington requesting a permanent injunction and other relief.
  • AIME USA has and will exert a vigorous defense of itself and its employees from the egregious 3M lawsuit targeting American business.

3M Announces Upcoming Investor Event

Retrieved on: 
Thursday, October 15, 2020

3M (NYSE: MMM) today announced the following investor event:

Key Points: 
  • 3M (NYSE: MMM) today announced the following investor event:
    Third-quarter 2020 earnings conference call on Tuesday, October 27, 2020, at 8 a.m. CDT.
  • The earnings call can be accessed at (800) 762-2596 within the U.S. or +1 (212) 231-2916 outside the U.S.
  • This event will be webcast live, and a replay will be available on 3Ms Investor Relations website at http://investors.3M.com .
  • Learn more about 3Ms creative solutions to the worlds problems at www.3M.com or on Twitter @3M or @3MNews.

3M Expands Actions Globally to Fight COVID Fraud, Counterfeiting and Price-gouging

Retrieved on: 
Monday, October 5, 2020

3M has investigated more than 7,700 fraud reports globally, filed 19 lawsuits, and has been granted nine temporary restraining orders and seven preliminary injunctions.

Key Points: 
  • 3M has investigated more than 7,700 fraud reports globally, filed 19 lawsuits, and has been granted nine temporary restraining orders and seven preliminary injunctions.
  • 3M has been awarded damages or has received settlement payments in seven cases, with all proceeds being donated to COVID-19 related charities.
  • To combat increased counterfeiting and online fraud during the COVID-19 outbreak, 3M is working with law enforcement and customs agencies in every region of the world.
  • 3M has engaged with law enforcement agencies to fight counterfeiting in more than 1,200 actions around the world.

Touch Solutions Pioneer, TES America LLC, Acquires 3M™ Touch Systems Asset Portfolio

Retrieved on: 
Monday, September 28, 2020

The purchase enhances the current TES touch component and monitor portfolio while offering continued support to current 3M Touch Systems customers.

Key Points: 
  • The purchase enhances the current TES touch component and monitor portfolio while offering continued support to current 3M Touch Systems customers.
  • "We look forward to embracing 3M's customers and providing them the consistent 3M touch solution they have come to expect.
  • TES plans to maintain all existing 3M Touch products as well as continued support and expansion of the MicroTouch brand of touch monitors.
  • TES specializes in complete customization from single components to touch monitors to embedded touch computers in sizes ranging from 7 inches to 86 inches.

3M Reports Sales Information for Month of August 2020

Retrieved on: 
Tuesday, September 15, 2020

3M (NYSE: MMM) today reported sales information for the month of August 2020.

Key Points: 
  • 3M (NYSE: MMM) today reported sales information for the month of August 2020.
  • Sales for August 2020 were impacted by one fewer business day 21 days this year versus 22 days last year or minus 5 percent year-on-year.
  • Given the current economic uncertainty, 3M will continue its monthly reporting of sales information through the end of the year to provide transparency on its ongoing business performance.
  • 3M will host its third-quarter 2020 earnings conference call on Tuesday, Oct. 27, 2020, at 8 a.m. CDT.

3M Announces Upcoming Investor Event

Retrieved on: 
Tuesday, September 8, 2020

3M (NYSE: MMM) today announced the following investor event:

Key Points: 
  • 3M (NYSE: MMM) today announced the following investor event:
    Morgan Stanley Virtual 8th Annual Laguna Conference on Thursday, Sept. 17, 2020.
  • Mike Roman, chairman and chief executive officer, and Monish Patolawala, senior vice president and chief financial officer, will speak at 8:15 a.m. EDT.
  • At 3M, we apply science in collaborative ways to improve lives daily.
  • Learn more about 3Ms creative solutions to the worlds problems at www.3M.com or on Twitter @3M or @3MNews.