All 3M articles
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News briefs3M partners with outdoor brands for new winter collection
Lafuma is among the brand to launch new high-performance winter gear featuring 3M’s Thinsulate insulation.
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News briefs
3M defies supply chain issues, raises guidance moderately
Announcing results for its Q3 2021 ended Sept. 30, U.S.-based conglomerate corporation 3M said sales increased 7.1 percent year-over-year to $8.9 billion. Total sales increased 8.1 percent in consumer products, 7.2 percent in safety and industrial, 5.8 percent in transportation and electronics and 4.1 percent in healthcare. On a geographic ...
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News briefs
3M launches Thinsulate Xerogel Insulation for textiles
U.S. company 3M announced the launch of a new Xerogel technology insulation in the coming months. Comprised of 60 percent post-consumer recycled material, the new 3M Thinsulate Xerogel Insulation is a highly porous structure consisting of 99 percent air for good thermal insulation properties. In order to apply this innovative ...
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News briefsPersonal protection equipment sales lift 3M results
Just like in 2020, sales of masks and other personal safety equipment in the midst of the pandemic boosted sales of 3M in the first quarter of 2021. It saw growth across all business segments and geographic areas. The management also released an upbeat outlook, as demand for its N95 ...
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Article3M will invest US$1 billion in environmental goals
U.S. multinational conglomerate 3M is planning to invest about US$1 billion over the next 20 years to meet its new environmental goals. These include carbon neutrality by 2050, reducing water use by 25 percent at its plants and returning higher-quality water to the environment after use in manufacturing. The company’s ...
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ArticleBetter-than-expected results for 3M
Sales of masks and other personal safety equipment in the midst of the pandemic boosted 3M’s sales in 2020. It saw growth across all business segments and geographic areas. During the fourth quarter, market demand remained strong in personal safety, home improvement, general cleaning, semiconductor, data center and biopharma filtration. ...
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News briefs
Carhartt launches updated Yukon Extremes workwear range with Cordura
U.S. brand Carhartt has unveiled its updated Yukon Extremes collection. According to the label, the new edition of the workwear collection first introduced over 25 years ago is the brand’s warmest, most durable gear to date, but without any added weight compared to previous collections. It’s also the first time ...
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News briefs3M continues to restructure, impacting 2,900 jobs worldwide
U.S. technology company 3M announced the continuation of its restructuring plan initiated last January, which will result in a cut of about 3 percent of its global workforce, amounting to roughly 2,900 jobs. After introducing a new global operating model in January that was meant to enhance the way the ...
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ArticleSurge in healthcare sales during pandemic boosts 3M results
A surge in demand for healthcare and home improvement products has helped the consumer conglomerate 3M post better-than-expected third-quarter earnings, as hospitals stock up on protective equipment and workers forced to stay at home buy more DIY materials. Total sales rose 4.5 percent to $8.35 billion, above a consensus of ...
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News briefs
Wolverine pays $69.5 million over Michigan water contamination
(SGI) Wolverine World Wide (WWW) has agreed to pay $69.5 million to local authorities and the state of Michigan over several years to remedy water contamination from chemicals used in a since-closed tannery and other company-owned facilities in the state. On the other hand, WWW will get $55 million in ...
