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The new company would assume 3M's business in wound and oral care, health informatics, and biopharmaceutical filtration. [2] The sales of products in these fields accounted for about a quarter of 3M's total sales in 2021. [3] CEO Mike Roman said that the split would "position 3M for the future, to create more opportunity and greater certainty". [4]
3M Scott Fire & Safety logo. 3M Scott Fire & Safety is an American manufacturer of respiratory and personal protective equipment including supplied air and air purifying respirators, compressors, gas detection systems and thermal imaging cameras. The company was founded in 1932 as Uniloy Accessories Corporation, and is located in Monroe, North ...
GlassBridge Enterprises, Inc., formerly Imation Corporation, is an American holding company. Through its subsidiary, Glassbridge focuses primarily on investment and asset management. The company was founded in 1996 under its original name of Imation as a spin-off of 3M's data storage and imaging business.
In an op-ed published by Fortune in October, the board members said that splitting Intel into two companies—one focused on designing its own microprocessors, the other a "foundry" to manufacture ...
So, over the past few years, Intel CEO Pat Gelsinger has tried to pivot his company toward a foundry model, i.e., making chips for others, like industry leader TSMC does.
The 3M Company reported the May 2023 worker death at its facility in Prairie du Chien, Wisconsin, prompting the U.S. Department of Labor’s Occupational Safety and Health Administration to ...
On April 8, 2002, 3M's 100th anniversary, the company changed its legal name to "3M Company". [ 42 ] [ 43 ] On September 8, 2008, 3M announced an agreement to acquire Meguiar's, a car-care products company that was family-owned for over a century. [ 44 ]
3M Company will cut 6,000 jobs as part of a broader restructuring plan, the company announced on Tuesday. The cuts, coupled with an earlier reduction of 2,500 workers announced in January, amount ...