3M was founded in 1902 in Minnesota as Minnesota Mining and Manufacturing Company, a mining venture with the goal to mine corundum. This venture failed and in 1905 the company began producing sandpaper products.
The company had a few early innovations, including waterproof sandpaper (1921), masking tape (1925), “Scotch Tape” and sound-deadening material for cars.
During the 1950’s 3M expanded to Canada, Mexico, France, Germany, Australia, and the U.K.
In 1979 3M introduced a commercially available digital audio recording system. In 1980, the company introduced Post-it notes.
In 2002 3M acquired AiT Advanced Information Technology Corp, for $37.4 million in cash.
Today 3M produces more than 55,000 products, including adhesives, abrasives, laminates, dental products, electronic materials, electronic circuits, car-care products, and optical films.
3M Company is a multinational conglomerate with 88,000 employees and $29.6 billion in revenue in 2012.
3M Company3M was founded in 1902 in Minnesota as Minnesota Mining and Manufacturing Company, a mining venture with the goal to mine corundum. This venture failed and in 1905 the company began producing sandpaper products.
The company had a few early innovations, including waterproof sandpaper (1921), masking tape (1925), “Scotch Tape” and sound-deadening material for cars.
During the 1950’s 3M expanded to Canada, Mexico, France, Germany, Australia, and the U.K.
History
In 1979 3M introduced a commercially available digital audio recording system. In 1980, the company introduced Post-it notes.
In 2002 3M acquired AiT Advanced Information Technology Corp, for $37.4 million in cash.
Today 3M produces more than 55,000 products, including adhesives, abrasives, laminates, dental products, electronic materials, electronic circuits, car-care products, and optical films.
3M Company is a multinational conglomerate with 88,000 employees and $29.6 billion in revenue in 2012.
