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[5] 3M itself sold its food safety business to Neogen in September 2022. [2] On January 24, 2023, the health care business was registered as a corporation in Delaware under the provisional name "3M Health Care Co.". [7] On November 16, 2023, 3M unveiled that the new company would be called Solventum, a portmanteau of the words "solving" and ...
In 2008, 3M created the Renewable Energy Division within 3M's Industrial and Transportation Business to focus on Energy Generation and Energy Management. [ 87 ] [ 88 ] In late 2010, the state of Minnesota sued 3M for $5 billion in punitive damages, claiming they released PFCs —classified a toxic chemical by the EPA—into local waterways. [ 89 ]
3M disclosed plans to spin off its healthcare business into a listed company last year, in which the U.S. industrial giant would retain a 19.9% stake. The plan came amid litigations from military ...
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(Reuters) -Activist investor Nelson Peltz's Trian Fund Management has built a stake in 3M's healthcare spinoff Solventum, Bloomberg News reported on Monday, citing people with knowledge of the ...
Kinetic Concepts, Inc., (KCI) is a global corporation that produces medical technology related to wounds and wound healing.KCI produced the first product developed specifically for negative pressure wound therapy.
He became the CEO of 3M on May 1, 2024. [1] Mr. Brown is also the former chairman of L3Harris Technologies, a large defense contracting company. [2] Previously, he was the president, CEO and chairman of Harris Corporation, [3] [4] [5] the company that merged with L3 Technologies to create L3Harris Technologies in 2019. [6] [7] [8]
Sir George William Buckley (born 23 February 1947) [1] is a British businessman. He is the former chairman, president, and chief executive of 3M.He was named to these positions on 7 December 2005.