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20 Minn. Companies Make Newest Fortune 500

Twenty Minnesota companies made it into the newest edition of Fortune 500, illustrating the state’s corporate strength.


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3M Raises 2011 Forecast After 1Q Profit Rises

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.


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3M Settles Age-Discrimination Suit For Up To $12M

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.


(credit: CBS)

Gordy’s Garage: 3M Will Charge You

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.


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3M Boosts 1Q Dividend, Authorizes $7B Buyback Plan

3M Co. boosted its first-quarter dividend by 5 percent and announced plans to repurchase up to $7 billion worth of its common shares.


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3M Profit Dips In 4Q, Lifts Forecast For 2011

3M is hedging its bets on the U.S. economy until more people get back to work.


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MPCA Taking Comments On New 3M Discharge Permit

The Minnesota Pollution Control Agency is taking public comments on a new wastewater discharge permit for 3M Co.’s Cottage Grove manufacturing facility.


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Minnesota Sues 3M Over Chemical Disposal

The state of Minnesota is suing 3M Co. over its disposal of chemicals previously used to make Scotchgard and other products.


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3M Predicts Adjusted Profit Up 10-14 Percent In 2011

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.


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3M To Buy Taiwanese Tape Maker For Undisclosed Sum

3M said Monday it agreed to buy the tape business of Alpha Beta Enterprise Co., a Taiwanese manufacturer of box sealing and masking tape.


3M Asked To Pay For Groundwater Pollution

State officials want 3M Co. to pay for possible damage caused by chemicals that leaked into Washington County groundwater decades ago.