3M (NYSE: MMM )

3M ("Three Em", NYSE: MMM) - American diversified innovation and manufacturing company. Headquarters - Maplewood, Minnesota (USA).

President and Chairman of the Board of Directors - George Buckley.

You all, I guess, used scotch tape, adhesive stickers and, maybe, did not think who thought of such obvious things.
The article will focus on the company's success story, which started with scotch tape, but has grown into a transatlantic company with tens of thousands of employees. It will be about 3M.

History

Was founded in 1902 year in the USA in the state of Minnesota. To 2002 of the year was named Minnesota Mining and Manufacturing Company.

IN 1925 year the corporation invented and began to produce the first adhesive tape, or paper tape. Today Scotch is the most famous brand of "3M". IN 1947 year the company created the first magnetic tape for sound recording, and in 1968 year - the first color copier. Used by office workers around the world, Post-it stickers were also invented by 3M in 1980 year. IN 2002 year, the company launched the ACCR composite wire on the market, used in high voltage transmission lines.

Than famous

Among the most notable inventions of the company is the appearance in the early 1920s. the world's first waterproof sandpaper, which has reduced the dust content in the air of car manufacturers. IN 1925 G., Masking tape was invented - a pioneering step towards diversification of production and the first of many self-adhesive tapes with the Scotch® trademark. In the years that followed, technological advances led to the introduction of Scotch® cellophane tape for sealing boxes., the 1980s saw the invention of Post-it® Notes.

Activity

Today at the enterprises of the company in 60 countries of the world produced more than 50 thousand. items of goods for medicine and various industries, including automobile, нефтегазовой, mining, etc.. (abrasive, adhesives, etc.).

Manufactured goods

• The 3M brand unites several brands, renowned all over the world for the quality of the technologies used. Especially famous:
• Command - Adhesive Hooks, designed for a variety of household needs
• Filtrete - filtration products
• Nexcare - a series of plasters for children and adults
• Post-it - classic sticky-edged notepads in vibrant colors. They are, By the way, are an invention of the company
• Scotch - adhesive tapes for home and office
• Scotch-Brite - household scouring pads and other cleaning products
• Scotchgard - protecting clothing and footwear from the external environment
• Scotchprint - materials for various graphic works

Performance indicators

Общее число занятых — 76 thousand. human (2007 year). IN 2008 year, the company's revenue was $25,269 billion (in 2007 year - $24,46 billion), net profit — $3,46 billion ($4,096 billion)

Interesting Facts

At the dawn of its activity, attempts to create sandpaper with the mineral anorthosite were unsuccessful., therefore, it was decided to purchase another mineral - Spanish garnet - after which the growth in sales of sandpaper went uphill.
However, not everything went so smoothly with sandpaper.. After some time, a complaint came from the customer, they say dusting is falling from your sandpaper! The investigation revealed, that when importing a mineral, it was impregnated with oil, so I didn’t stick to paper. In order not to cancel the order and not lose money, it was decided to fry the mineral, to make the oil evaporate, which was successfully done.
It is this fact, considered the starting point in the development of R&D directions of 3M.

3M in Russia

The beginning of 3M's activities in Russia dates back to the 1970s[a source?]. 3M representative office was opened in 1991 year, and a few months later the 3M Russia company was formed.

The company's operations in Russia are carried out through the central office in Moscow, client center in St. Petersburg. IN 2008 the second client center in Russia is planned to be opened in Yekaterinburg.

IN 2008 year was put into operation the plant of the company 3M in Russia near Volokolamsk, where the production of powder protective coatings for reinforcement of reinforced concrete structures is carried out, канцелярских принадлежностей, household goods and personal respiratory protection.