3M CORPORATION

Presenter: Umer Amin

 INTRODUCTION
History
• Founded in 1902 in Two Harbors, MN
• 1906 - headquarters moved to Duluth, MN
• 1921 - first commercial success: Waterproof
Sandpaper.
• 1925 - Scotch® Branded Masking tape and entirely
new cellophane-based tape called “Scotch Tape”.
 INTRODUCTION
• In the 1960s & 70s, 3M began a rapid expansion
into multiple industries including display and
graphics, video production, and digital audio
equipment.
• In 1946, 3M became a publicly traded company
on the NYSE.
• In the 1980s, 3M introduced the “Post-It® Note”
product line.
 INTRODUCTION
• By 1996, 3M expanded to the data storage
industry and spun off the Imation corporation.
• Today, 3M is one of the 30 companies included
in the Dow Jones Industrial Average.
• 3M is ranked 101 in the Fortune 500.
 OPERATING INFORMATION

• 60 Countries, 35 with laboratories

• 35 distinct business units
• Manufacturing in 29 countries
• Holds 569 U.S. Patents
• In 2007, 3M spent 6% of its gross revenues on R&D
• Worldwide Sales: $26.5 Billion,
65% from outside United States
• 80,000 employees,
7,000 Researchers
 MARKET-LEADING BUSINESSES

• Consumer and Office

• Display and Graphics
• Electro and Communications
• Health Care
• Industrial and Transportation
• Safety, Security and
• Protection Services
 Business Level Strategy
• EXPANSION

• INNOVATION
• DEVELOPMENT
• MARKETING
• CUSTOMER SATISFACTION
• QUALITY PRODUCTS
THANK YOU