Booz & Co: 3M Company a Top Innovator

3M Earns Top Spot on Coveted Innovators' List for Three Consecutive Years 
LONDON, ON, Nov. 12, 2012 /CNW/ - For the third consecutive year, 3M Company 
has earned a top spot on Booz & Company's coveted list of the ten most 
innovative companies, ranking third behind Apple and Google. 
"We're honoured 3M Company has been recognized again as one of the world's 
most innovative companies," said Paul Madden, 3M Canada's President and 
General Manager. "Innovation is the foundation of this company and inspires 
how we serve our customers across the world and right here in Canada, from the 
work that's done in our laboratories and manufacturing facilities across the 
country to our partnerships with non-profit organizations and how we engage 
Booz & Company, a global management consulting firm, surveyed nearly 700 
innovation leaders from companies worldwide to determine which companies those 
leaders see as the most innovative companies in the world. In addition to the 
survey, Booz & Company examined corporate R&D spending through its Global 
Innovation 1000 Study, which looked at the 1,000 public companies that spent 
the most on R&D in 2011. The study revealed that the most innovative companies 
are not necessarily the biggest spenders. Last year, 3M spent approximately 
$1.6 billion on R&D globally. For example, among the Global Innovation 1000 
companies 3M ranked 86th in R&D spending, while Apple and Google ranked 53rd 
and 26th respectively. 
3M's revived vision for the company captures the essence of its innovative 
culture: 3M technology advancing every company; 3M products enhancing every 
home; and 3M innovation improving every life. For more information about the 
company's vision, watch this video. For more information, visit or 
follow 3M Canada on Twitter: @3MCanadaCares. 
About 3M Canada 
Established in 1951, 3M Canada Company was one of the first international 
subsidiaries opened by 3M and remains one of the largest. 3M Canada's head 
office and original manufacturing site is in London, Ontario where 
approximately half of the company's 1,800 employees work. Other locations 
include Calgary, Alberta; Milton, Brockville, and Perth, Ontario; and, Morden, 
Manitoba. Globally, 3M has operations in more than 65 countries and captures 
the spark of new ideas and transforms them into thousands of ingenious 
products. Our culture of creative collaboration inspires a never-ending stream 
of powerful technologies that make life better. 
Media Contact Carla McFarlane | 3M Canada | Phone: 519 451 2500 x 2564 | 
SOURCE: 3M Canada Inc. 
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CO: 3M Canada Inc.
ST: Ontario
-0- Nov/12/2012 22:18 GMT
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