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The McKnight Foundation was established in Minneapolis in 1953 by William L. McKnight and his wife, Maude L. McKnight. One of the early leaders of 3M, William L. McKnight rose from assistant bookkeeper to president and CEO in a career that spanned 59 years, from 1907 to 1966. The McKnight Foundation, however, is an independent private ...
3M is one of the great industrial companies in U.S. history. The company grew from a little-known miner to an industrial power under the legendary leadership of William McKnight, who instilled the ...
A striking example of the core is 3M, founded in 1902. ... Longtime leader William McKnight, 3M’s architect in the early days, believed the company’s core was inventing. That was a new concept ...
William L. McKnight, former chairman of 3M, owned several theatres, two in New York and one in Boston. McKnight's daughter, Virginia McKnight Binger and her husband, James H. Binger, a top executive at Honeywell, shared a love of theatre. In 1976 when William McKnight wanted to sell his theatres, Binger stepped in to assist. [2]
William L. McKnight, later a key executive, joined the company in 1907, and A. G. Bush joined in 1909. 3M finally became financially stable in 1916 and was able to pay dividends. [ 16 ] The company moved to Saint Paul in 1910, where it remained for 52 years before outgrowing the campus and moving to its current headquarters at 3M Center in ...
3M spun off its health care division Monday morning, saying goodbye to an operation of 20,000 employees and $8 billion in revenue, a quarter of the company's total sales. The separation follows ...
3M was once one of the most innovative companies in the world. But recent years have seen fewer noteworthy innovations and less organic growth, a sign that the innovation engine may be slowing.
The McKnight Foundation was founded in 1953 by William L. McKnight, an early leader of the 3M Corporation, and Maude L. McKnight, [4] and was independently endowed by the McKnight's. Bolstered by their estates, the foundation's assets grew substantially in the 1980s. [5]