The Minnesota Mining and Manufacturing Company, better known as 3M, was founded in 1902 and manufactures a wide array of consumer products. Henry S. Bryan, Herman W. Cable, John Dwan, William A, McGonagle and Dr. J. Danley Budd founded the company as a seller of sandpaper made from imported Spanish garnet.
Headquartered in St. Paul, Minnesota, 3M employs approximately 84,000 employees in more than 60 countries. In addition, 3M products can be purchased in more than 200 countries worldwide. In 1916, 3M purchased its first laboratory and quickly began inventing new products in its newly-formed Research and Development department. Among the company’s early inventions were waterproof sandpaper, masking tape, cellophane “Scotch” tape and sound-deadening materials for automobiles. Scotch tape is 3M’s iconic product.
3M experienced tremendous growth after World War II, opening many plants across the country. Around 1950, the company went global, opening facilities in Canada, Mexico, France, Germany, Australia, and the United Kingdom. By 1951, international sales had already reached $20 million.
In the 1960s, 3M produced several models of magnetic tape recorders for instrumentation use and for studio sound recording and the company was involved with digital recording equipment by the end of the 1970s. One of its best known products, Post-It Notes, appeared in 1980.
Growth continued and the company’s product line is still expanding, placing 3M among the best companies on the Fortune 500 list. Global sales total about $30 billion annually with international sales accounting for more than 60 percent of all sales.
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Matt Mauney is an award-winning journalist with nearly a decade of professional writing experience. He joined Asbestos.com in 2016, and he spends much of his time reading, analyzing and reporting on mesothelioma research articles to ensure people in the mesothelioma community know the latest medical advancements. Prior to joining Asbestos.com, Matt was a reporter at the Orlando Sentinel. Matt also edits some of the pages on the website. He also holds a certificate in health writing from the Centers for Disease Control and Prevention. Read More