Some lower expenses helped 3M post a higher profit in the second quarter, but foreign currency translation pressured its revenue.
A Minnesota couple has given Lawrence University a $1.5 million gift to establish a professorship in innovation. Dwight Peterson is a 1955 Lawrence graduate. Peterson says he learned the importance of innovation and creative thinking during his 38-year career at 3M.
Officials have identified the man whose body was found last Friday on the southwest corner of the 3M business campus.
Maplewood police say a man in his 30s has been found dead in an open outside area of the city Friday morning. On June 12 at 6:15 a.m., Maplewood police officers and Fire paramedics responded to the area of Hudson Road and Century Avenue – the southeast corner of the 3M campus – on the report of a person down.
A man was shot in New York City Thursday after he attacked an NYPD officer and four others with a hammer. Investigators had been able to identify David Baril by linking a subway surveillance photo with an old mug shot through facial recognition software.
The University of Minnesota has been named one of the top employers in the nation. The list by Forbes consists of 500 employers out of 200,000 companies nationwide. They ranked the U of M as the 10th best in education and 65th best overall.
Post-it notes maker 3M Co. says it will refuse to buy any materials from suppliers that come from threatened forests as part of an agreement with a longtime environmental critic. The policy changes announced Thursday would require suppliers of Twin Cities-based 3M to report original sources of materials.
3M Co. on Tuesday reported fourth-quarter profit of $1.18 billion. The St. Paul, Minnesota-based company said it had profit of $1.81 per share.
The new Vikings stadium has 200,000 square feet of glass as part of its iconic design. Glass fabrication is well under way, with installation beginning in February. But officials overseeing construction of the billion-dollar facility met last week with bird advocates and the Vikings at 3M headquarters in Maplewood, telling lawmakers they asked the company if it could develop a new 3M adhesive film to cover the glass.
Diversified manufacturer 3M’s third-quarter net income rose 6 percent on higher revenue across all divisions. The maker of Post-it notes, industrial coatings and ceramics also narrowed its guidance range.
Concussions are a concern from youth football all the way to the pros. But a Twin Cities High School thinks they may have a method for keeping players safe and for cutting down on head injuries.
There have been a lot of great inventions made right here in the state of Minnesota. The obvious ones are roller blades, the stapler, the pacemaker. But one the country and world relies on every day to keep us safe on the roads is celebrating a milestone.
Two of Minnesota’s biggest companies are heeding that call for help in West Africa. Ecolab and 3M are both sending medical supplies to help hospital workers fighting Ebola.
The chilling kidnapping and robbery of a young woman in Minneapolis was captured on high-definition surveillance cameras. It happened early last Tuesday morning in south Minneapolis. In the video, you can see a woman walking with two of the suspects down Lyndale Avenue. Look closely, and you can see she is in a headlock.
Once again the greats of professional golf are teeing it up in the annual 3M Championship at the TPC in Blaine. Celebrating its 22 year in the Twin Cities, the tournament will draw huge crowds to both its tournament play and team competition featuring golf legends Arnold Palmer, Jack Nicklaus and Gary Player.
The Minneapolis Urban League is honoring a woman who broke through racial barriers and overcame gender bias to become a scientist, more than 50 years ago. Dr. Reatha Clark King is receiving the Trailblazer Award Thursday night, at the Urban League’s annual gala.
The fun factor is pretty high at the exhibit that just opened at the Minnesota History Center: Toys of the 50s, 60s and 70s (or as a History Center staffer put it, “From the Cold War to Star Wars”).
3M says its first-quarter net income rose 7 percent, led by sales growth in its health care business. The maker of products from Post-it notes to industrial coatings and ceramics said Thursday that it earned $1.21 billion, or $1.79 per share, for the three months through March 31.
The Minnesota Zoo has added new members to their family. Ten African penguins were hatched in the 3M Penguins of the African Coast exhibit in November and December of 2013. The juvenile penguins, four male and six female, were presented to the public Friday morning.
3M says its fourth-quarter earnings jumped more than 11 percent, fueled in part by a revenue gain from the Post-it note maker’s industrial business. Its earnings topped expectations, but its revenue was short, and its shares slipped in midday trading Thursday.
The University of Minnesota is recruiting students for a new master’s program in medical device innovation. The program is under the Technological Leadership Institute, part of the university’s College of Science and Engineering.
3M is raising its quarterly dividend by 35 percent, sending its share price higher in premarket trading. The company, which makes items including Post-it notes, reflective coatings for signs, and glues and adhesives, said it is raising its dividend to 85.5 cents per share from 63.5 cents per share.
3M Co. says its third-quarter net income rose 6 percent, beating Wall Street predictions. The company, which makes items including Post-it notes, reflective coatings for signs, and glues and adhesives, earned $1.23 billion, or $1.78 per share, up from $1.16 billion, or $1.65 per share, in the same quarter of 2012.
A very visible protest hung over the Mississippi River Monday in Minneapolis. The conservation group ForestEthics hung a giant 40-foot post-it note from the Washington Avenue Bridge. The group is protesting what it calls 3M’s link to the destruction of endangered forests worldwide.
It’s a source of pride for many Minnesotans – the number of Fortune 500 companies that call Minnesota home. “We live in an amazing state, so I thought a big percentage were here,” said Diane Anderson, of Minneapolis.