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Minnesota's newest public company will make its debut April 1, nearly two years after 3M first announced it would spin off its health care business. Solventum, the spinoff's name, will employ more ...
[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 ...
The healthcare unit, which focuses on wound care, oral care and healthcare technology, reported about $8.4 billion in sales in 2022. 3M had said in August that Bryan Hanson would be the chief ...
As of 2019, 3M produces approximately 60,000 products, [71] and has four business groups focused on safety and industrial, transportation and electronics, health care, and consumer products. [72] 3M obtained its first patent in 1924 and acquires approximately 3,000 new patents annually. The company surpassed the 100,000-patent threshold in 2014.
Hedrick is CEO of NextStep Interactive, [4] a venture-capital backed company that trains low-wage and unemployed workers in job skills and industry certifications and places them in high demand entry-level healthcare jobs such as certified nursing assistant, the most in-demand job role in the country. [5]
Demand for 3M's disposable respirators is expected to continue in the fourth quarter, company executives said on a post-earnings call, adding that 3M was on track to produce 2 billion N95 masks ...