3. ABOUT 3M COMPANY
• Formerly known as the Minnesota Mining and
Manufacturing Company, is a diversified technology
company serving customers and communities with
innovative products and services.
• More than 80,000 employees.
• More than 55,000 products.
adhesives, abrasives, laminates, passive fire protection,
dental products, electronic materials, medical
products, car care products, electronic circuits and
optical films.
4. • Founder(s) of 3MHenry S. Bryan
Hermon W. Cable
John Dwan
William A. McGonagle
Dr. J. Danley Budd
• Headquarters- At Maplewood,Minnesota, U.S.
5. Contd..
3M at a Glance (Year-end 2010)
• Global sales: $27 billion.
• International (non-US) sales: $17.5 billion (65
per cent of company's total).
• Operations in more than 65 countries.
• 3M products sold in nearly 200 countries.
• 80,000 employees globally.
• http://www.youtube.com/watch?v=kCZz4jFok_o
6. Contd..
3M In India
• Turnover: Rs. 1176 crores for 12 Months ended
March 31st, 2011 with profits of Rs. 99 crores.
• Head Office at Bengaluru.
• Innovation Labs at Bengaluru & Gurgaon (NCR).
• Approximately 1800 + Employees (As of June
2011).
• Approximately 7000 Products sold in India.
• http://www.thefuntheory.com/
7. INNOVATION HISTORY OF 3M
• The company began by mining stone from quarries
for use in grinding wheels.
• Struggling with quality and marketing of its
products, management supported its workers to
innovate and develop new products .
• Twelve years after being founded, 3M developed its
First exclusive product: Three-M-ite cloth.
• Other innovations included masking tape,
waterproof sandpaper and Scotch brand tapes.
8. • Failing to make sandpaper with the anorthosite, the
founders decided to import minerals like Spanish garnet,
after which sale of sandpapers grew.
• In 1914, customers complained that the garnet was
falling off the paper.
• The founders discovered that the stones had traveled
across the Atlantic Ocean packed near olive oil, and the
oil had penetrated the stones.
• They roasted the stones over fire to remove the olive
oil. This was the first instance of research and
development at 3M.
9. Other innovative products :
• Company's innovations include waterproof
sandpaper (1921) and masking tape (1925), as
well as cellophane "Scotch Tape" and sound
deadening materials for cars.
• Early 1970s: 3M published a line of board
games, largely under the "3M bookshelf game
series" brand.
• 1980: The company introduced Post-it notes.
11. Contd..
• The signal had the unique ability to be
"programmed" so it was visible from certain
angles.
• The Model 131's "programmability" was
achieved via masking a clear glass lens with
aluminium adhesive tape.
12. M79 recorder
• 3M's Mincom division introduced several
models
of
magnetic
tape
recorders
for instrumentation use and for studio sound
recording.
• Later introduced: A commercially available
digital audio recording system called the "3M
Digital Audio Mastering System", which
consisted of a 32-track digital audio tape
recorder and a companion 4-track digital
recorder for final mastering.
Editor's Notes
3M India was born in India in 1988 as Birla 3M Limited. The name of the company was subsequently changed to 3M India Limited in Dec 2002.
Today, 3M has over a 100 year track record of being one of the most innovative corporations worldwide.
Henry S. Bryan- First PresidentHermon W. Cable- First General ManagerJohn Dwan- First SecretaryWilliam A. McGonagle- First TreasurerDr. J. Danley Budd- First Vice president
An aluminum oxide sheet constructed on a J weight, light and flexible cloth backing.
3-Mite cloth -Waterproof for wet sanding. Excellent for sanding primed surfaces, removing orange peel, dust nibs and light sagging of the top coat. Used on metal, plastic body filler and fiberglass surfaces.
A Post-it note is a piece of stationery with a re-adherable strip of adhesive on the back, designed for temporarily attaching notes to documents and other surfaces.
A series of board games produced by 3M from 1962 to 1975.
The now-defunct Mincom division of 3M, which specialized in magnetic tape recorders for instrumentation and sound recording, and other electronic products.