193 articles with 3M Company
The goal is a new, highly accurate, mass-produced low-cost diagnostic device that delivers results in minutes.
Total sales for May declined 20 percent year-on-year to $2.2 billion. Organic local-currency sales declined 21 percent while acquisitions, net of divestitures, increased sales by 2 percent.
3M reported sales information for the month of April 2020. The company withdrew its full-year 2020 outlook on April 28, 2020, due to the uncertain impact of the COVID-19 pandemic, and committed to provide monthly updates until it is better able to forecast future performance.
Company will increase U.S. production from 35 million per month to more than 95 million per month by October.
3M and Ford Begin Shipping Newly Designed Powered Air-Purifying Respirators for Health Care Workers Fighting COVID-19
Newly designed powered air-purifying respirators, developed by Ford in close collaboration with 3M, are on the way to health care workers fighting COVID-19.
3M announced that it has completed the sale of substantially all of its drug delivery business to an affiliate of Altaris Capital Partners, LLC., for approximately $650 million in total consideration, including cash, an interest-bearing security, and a 17 percent noncontrolling interest in the new company, Kindeva Drug Delivery, that will operate the business.
Funds help support frontline healthcare workers, vulnerable populations and medical research and development
Cummins will utilize labor and equipment typically used for producing diesel engine filters to manufacture high efficiency particulate filters for use in 3M’s Powered Air Purifying Respirators
3M is partnering with Cummins to increase the production of high efficiency particulate filters for use in 3M’s powered air purifying respirators, or PAPRs. The partnership has the potential to more than double the current production of filters for 3M’s PAPRs. The additional filters are needed as 3M has ramped up production of PA
Lawsuit is part of 3M’s national and global efforts to fight price gouging and counterfeiting of N95 respirators used on the frontlines of the fight against COVID-19
3M and the Trump Administration Announce Plan to Import 166.5 Million Additional Respirators into the United States over the Next Three Months
Imports to supplement the 35 million N95 respirators 3M currently produces in U.S. per month
3M issued the following statement in response to inaccurate media reports alleging a shipment of 3M personal protective equipment was seized and diverted by U.S. authorities on Friday, April 3, while in transit from a 3M China facility to Berlin Police
3M Announces Further Actions to Address Price Gouging, Fraud and Counterfeit Activity in connection with COVID-19 Outbreak
3M is committed to combating price gouging, fraud and counterfeit activity in connection with its products and the COVID-19 outbreak.
3M Chairman and CEO Mike Roman issued the following update announcing additional details about 3M’s capacity increases of N95 respirators, strong measures to combat price gouging and counterfeiting, and new partnerships to help protect our healthcare workers on the front lines:
3M Chairman and Chief Executive Officer Mike Roman delivered the following letter to William Barr, attorney general of the United States; Larry Hogan, governor of Maryland and chair of the National Governors Association; and Tim Fox, attorney general of Montana and president of the National Association of Attorneys General, highlighting 3M's actions to curb counterfeiting and price gouging of personal protective equipment during the COVID-19 pandemic.
3M and Ford will collaborate on making more powered air purifying respirators to help in the fight against the COVID-19 outbreak
3M Recognized by Ethisphere Institute as One of the World’s Most Ethical Companies for the 7th Consecutive Year
The Ethisphere Institute recognized 3M for ethics and integrity in business conduct and compliance for the seventh straight year.
The 3M Board of Directors declared a dividend on the company’s common stock of $1.47 per share for the first quarter of 2020, an increase of 2 percent over the quarterly dividend paid in 2019.
3M and Discovery Education Search for America’s Next Top Young Scientist in 2020 Premier Middle School Science Competition
Competition Provides Young Innovators with an Unparalleled Experience and the Opportunity to Showcase STEM Ingenuity and Real-World Problem Solving
Implements new global operating model and streamlined structure to improve growth and operational efficiency