Strategies that focus on more than just profits...

For decades now, 3M has placed great emphasis on protecting the environment through innovations for a brighter tomorrow. According to the company's website, 3M's vision statement is as follows:

3M's commitment is to actively contribute to sustainable development through environmental protection, social responsibility and economic progress. To us, that means meeting the needs of society today, while respecting the ability of future generations to meet their needs.

In order to make their vision a reality, 3M utilizes decision making strategies focused around three main principles - Economic Success, Environmental Protection, and Social Responsibility. In addition to these strategic principles, 3M employees around the gloobe use the following set of values to guide them from day to day.

• Act with uncompromising honesty and integrity in everything we do.
• Satisfy our customers with innovative technology and superior quality, value and service.
• Provide our investors an attractive return through sustainable, global growth.
• Respect our social and physical environment around the world.
• Value and develop our employees' diverse talents, initiative and leadership.
• Earn the admiration of all those associated with 3M worldwide.

http://solutions.3m.com/wps/portal/3M/en_US/about-3M/information/corporate/responsibility/

http://solutions.3m.com/wps/portal/3M/en_US/about-3M/information/about/us/

3M's Stock is on the Rise

After just a little over one week, 3M's stock price has risen $4.45 to $87.41 per share. This price was last updated on the company's website today at 4:00 p.m. Will it continue to rise? Check back in several days to find out...

http://phx.corporate-ir.net/phoenix.zhtml?c=80574&p=irol-stockquote

Acquisitions

Within the last week 3M has announced the acquisition of at least three companies; read the articles below to find out more information.

I have updated the links listed below. Sorry for the mix up; please let me know if you have any problems viewing the content I post on the blog. Thank you.

9/9/10 - 3M to acquire Arizant, Inc. http://www.businesswire.com/news/3m/20100909005831/en/3M-Acquire-Arizant

8/31/10 - 3M to acquire Attenti Holdings S.A. http://www.businesswire.com/news/home/20100831005919/en/3M-Acquire-Attenti-Holdings-S.A.

8/30/10 - 3M to acquire Cogent, Inc. http://www.businesswire.com/news/home/20100830005617/en/3M-Acquire-Cogent

Stock Update

3M's stock increased by $0.21 to $82.96 per share.

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3M ~ The Beginnings

3M, which stands for Minnesota Mining and Manufacturing Company, was founded in 1902 by Henry S. Bryan, Hermon W. Cable, John Dwan, William A. McGonagle, and Dr. J. Danley Budd. These five businessmen set out on a mission to find a mineral to be used in grinding wheels. After a run of bad luck, the founders decided to focus their efforts towards mastering the production of sandpaper products. Nearly fifteen years later, the five businessmen were able to work through their inefficiencies and master the production of quality sandpaper. In 1916, 3M paid its first dividends of six cents per share, which has grown to $4.52 per share according to the 2009 Annual Report. This growth has progressed with years of product developments and innovations, and the acquisition of other companies and their products.

More facts about the company can be found at the following link: 3M History at a Glance

Stock Information

According to the NYSE 3M's stock price increased by $2.46 to $81.01 per share.


This information was provided by Thomson Reuters and more information can be found by clicking on the following link: http://phx.corporate-ir.net/phoenix.zhtml?c=80574&p=irol-stockquote