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3M Company www.3m.com
Industry Group Code: 33911
Ranks within this company's industry group:
Sales: 1 Profits: 1
Apparel Mfg. Retail Textiles
Shoes/Accessories: General Apparel: Chemicals: Y
Men's Clothing: Men's Clothing: Nanotextiles:
Women's Clothing: Women's Clothing: Textiles: Y
Children's Clothing: Specialty: Carpeting:
Specialty: Catalogs/E-Commerce: Y
Information Technology Specialty Logistics
Computer Software: Y Consulting: Warehousing:
Computer Hardware: Y Equipment: Y Shipping:
Specialty Services: Supplies: Y Other:
Uniform Rentals:
TYPES OF BUSINESS:
Health Care Products
Specialty Materials & Textiles
Industrial Products
Safety, Security & Protection Products
Display & Graphics Products
Consumer & Office Products
Electronics & Communications Products
Fuel Cell Technology
BRANDS/DIVISIONS/AFFILIATES:
Avery Dennison Corporation
3M Cogent Inc
Gergonne Group/GPI
Zargis Medical Corp
Original Wraps Inc
Advanced Chemistry & Technology Inc


CONTACTS: Note: Officers with more than one job title may be intentionally listed here more than once.
Inge G. Thulin, CEO
Inge G. Thulin, Pres.
David Meline, CFO/Sr. VP
Ian F. Hardgrove, Sr. VP-Mktg. & Sales
Angela S. Lalor, Sr. VP-Human Resources
Frederick J. Palensky, Exec. VP-R&D
Frederick J. Palensky, CTO
Marschall I. Smith, General Counsel/Sr. VP-Legal Affairs
Roger H.D. Lacey, Sr. VP-Strategy & Corp. Dev.
Nicholas Gangestad, Chief Acct. Officer/Controller
Brad T. Sauer, Exec. VP-Health Care Bus.
Christopher Holmes, Exec. VP-Industrial & Transportation Bus.
Joaquin Delgado, Exec. VP-Electro & Comm. Bus.
Michael Vale, Exec. VP-Consumer & Office Bus.
George W. Buckley, Chmn.
Patrick Deconinck, Sr. VP-West Europe
John K. Woodworth, Sr. VP-Corp. Supply Chain Oper.
Phone: 651-733-1110
Fax: 651-733-9973
Toll-Free: 800-364-3577
Address:
3M Center
St. Paul, MN 55144 US
GROWTH PLANS/SPECIAL FEATURES
3M Company is involved in the research, manufacturing and marketing of a variety of products. Its operations are organized into six segments: Health Care; Consumer and Office; Display and Graphics; Electro and Communications; Industrial and Transportation; and Safety, Security and Protection. The Health Care segment’s products include medical and surgical supplies, skin infection prevention products, drug delivery systems, orthodontic products, health information systems and veterinary products. The Consumer and Office segment includes office supply, stationery, construction, home improvement, protective material and visual systems products. The Display and Graphics segment's products include optical film and lenses for electronic displays; touch screens and monitors; screen filters; reflective sheeting; and commercial graphics systems. The Electro and Communications segment’s products include packaging and interconnection devices (used in circuits); fluids used in computer chips; high-temperature and display tapes; pressure-sensitive tapes and resins; and products for telecommunications systems. The Industrial and Transportation segment’s products include vinyl, polyester, tapes, a variety of non-woven abrasives, adhesives, specialty materials, supply chain execution software, filtration systems, paint finishing products, engineering fluids and components for catalytic converters. The Safety, Security and Protection services segment provides products for personal protection, safety and security, energy control, commercial cleaning and protection, passports and secure cards. In April 2011, the firm acquired Original Wraps, Inc. and certain assets of Zargis Medical Corp. In June 2011, the company acquired Advanced Chemistry & Technology, Inc. In October 2011, it acquired Gergonne Group/GPI’s Do-It-Yourself and Professional Business division. In January 2012, 3M acquired the Avery Dennison Corporation’s Office and Consumer Products business division, which supplies education, labeling, presentation, filing and indexing and home organization products. The company offers employees medical and dental insurance; domestic partner benefits; tuition reimbursement; and adoption assistance.
FINANCIALS: Sales and profits are in thousands of dollars-add 000 to get the full amount. Yr. 2010 note: Fiscal 2010 results were not available for all companies at press time.
  • 2010 Sales: $26,662,000
  • 2009 Sales: $23,123,000
  • 2008 Sales: $25,269,000
  • 2007 Sales: $24,462,000
  • 2006 Sales: $22,923,000
  • 2010 Profits: $4,085,000
  • 2009 Profits: $3,193,000
  • 2008 Profits: $3,460,000
  • 2007 Profits: $4,096,000
  • 2006 Profits: $3,851,000
Stock Ticker: MMM Employees: 84198 Fiscal Year Ends: 12/31
SALARIES/BENEFITS:
Pension Plan:
ESOP Stock Plan:
Profit Sharing:
Savings Plan: Y
Stock Purch. Plan: Y
Top Exec. Salary: $1,720,000
Bonus: $5,590,000
Second Exec. Salary: $762,600
Bonus: $1,102,846
OTHER THOUGHTS:
LOCATIONS: ('Y' = YES)
Apparent Top Female Officers: 6
Hot Spots for Advancement for Women/Minorities: Y
WSWNWSENEINTER.
YY YY YY
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