3M says its second-quarter profit rose 3.4 percent as slowing demand for films for LCD televisions dampened strong growth across its other businesses.
A regulatory filing shows that 3M Co. chief executive George Buckley plans to sell almost one-third of his company stock, worth more than $33 million.
Twenty Minnesota companies made it into the newest edition of Fortune 500, illustrating the state’s corporate strength.
3M Co. is raising its earnings expectations for the year, saying higher sales around the globe will offset the disruption to its business in Japan from the earthquake there.
3M Co. has agreed to pay up to $12 million to settle an age-discrimination lawsuit with as many as 7,000 current and former employees.
Usually being charged is kind of negative: You are being assessed a fee, accused of a crime and perhaps people or animals are running at you to attack. However, not so with the Charge Point electric vehicle charging station recently installed at 3M’s corporate HQ in Maplewood.
3M Co. boosted its first-quarter dividend by 5 percent and announced plans to repurchase up to $7 billion worth of its common shares.
3M is hedging its bets on the U.S. economy until more people get back to work.
The Minnesota Pollution Control Agency is taking public comments on a new wastewater discharge permit for 3M Co.’s Cottage Grove manufacturing facility.
The state of Minnesota is suing 3M Co. over its disposal of chemicals previously used to make Scotchgard and other products.
3M Co., which makes everything from Post-Its and Scotch Tape to respirators and computer monitor arms, said Tuesday it expects adjusted earnings to grow 10 to 14 percent next year over its predicted profit for 2010.
3M said Monday it agreed to buy the tape business of Alpha Beta Enterprise Co., a Taiwanese manufacturer of box sealing and masking tape.
State officials want 3M Co. to pay for possible damage caused by chemicals that leaked into Washington County groundwater decades ago.