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Last $166.05 USD
Change Today +2.55 / 1.56%
Volume 1.7M
MMM On Other Exchanges
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As of 8:04 PM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

3m co (MMM) Key Developments

3M Company to Expand in the West Region of China

3M has set its sights on expanding in the West Region of China. The West Region Technical Center will be strategically placed in a technology park in Chengdu.

3M Introduces New Full Body Harness with Scotchgard Protector

3M Introduces New Fall Protection Full Body Harness with Scotchgard Protector. Rated to 400 lb, Economy Harness is suited for general construction, oil and gas, utilities, roofing, and HVAC applications. Scotchgard Protector is applied to fibers of webbing to help repel liquids and prevent stains. Straps make harness adjustable for many body sizes, while lightweight materials offer comfort and flexibility. Supplied in vibrant orange in variety of sizes, harness pairs X-shaped backplate with lanyard to help minimize potential entanglement. Lightweight, easy-to-use full body harness enhanced stain and water resistant webbing. Rated to 400 pounds, the new Economy Harness line has expanded size offerings including XS, Universal and XXL. Easy-to adjust straps make it adjustable for many body sizes, shapes and weight and the lightweight materials offer increased comfort, flexibility and ease-of-use for wearers. The X-shaped backplate paired with lanyard keepers help reduce potential entanglement for workers at height, and makes donning and doffing easier. The Economy Harness line has withstood rigorous testing and meets ANSI Z359.1-2007 and CSA Z259.10-2012 standards as well as the requirements of OSHA 20 CFR 1910.66 and 1926.502 regulations. The Scotchgard Protector resists water and stains, helping the harness look newer for longer. Additionally, the vibrant orange color of the harness paired with high-contrast stitching allows for easy inspection for wear/damage.

3M Opens Innovation Centre in Budapest

3M has opened an innovation centre in Budapest. The workshop and testing facility is one of nine such centres in Europe.

3M Company Presents at Bank of America Merrill Lynch Global Industrials and EU Autos Conference, Mar-17-2015 08:00 AM

3M Company Presents at Bank of America Merrill Lynch Global Industrials and EU Autos Conference, Mar-17-2015 08:00 AM. Venue: Bank of America Merrill Lynch Financial Centre, London, United Kingdom. Speakers: Inge G. Thulin, Chairman, Chief Executive Officer and President.

Post-it Brand Introduces Line of Nine New Post-it Note Color Palettes

The 3M Company has announced that Post-it Brand has introduced World of Color, a line of nine new Post-it Note color palettes. Color is a powerful force, it has the ability to not only brighten your workspace, but also influence your mood and productivity in the office. The Post-it Brand World of Color collections feature palettes inspired by global destinations including: Bali, Indonesia; Bora Bora, French Polynesia; Cape Town, South Africa; Helsinki, Finland; Jaipur, India; Marrakesh, Morocco; Marseille, France; New York, US; and Rio de Janeiro, Brazil. The Post-it Brand World of Color collections are available in a variety of sizes including 3x3, 4x4, and 4x6, featuring Post-it Super Sticky Notes, Post-it Recycled Super Sticky Notes and Post-it Greener Notes, priced from $7.99.

 

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Industry Analysis

MMM

Industry Average

Valuation MMM Industry Range
Price/Earnings 21.8x
Price/Sales 3.3x
Price/Book 7.9x
Price/Cash Flow 21.0x
TEV/Sales 3.0x
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