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Category: 3M

3M Invests $470M in Tenn. Plant

3M Invests $470M in Tenn. Plant

3M is investing approximately $470 million at its plant in Clinton, Tennessee, where the multinational company expects to add 600 new jobs by 2025. The company said the investment is intended to improve customer response time and increase sustainability. “The talented people in East Tennessee, the partnership from the state government, and the flexibility of […]

3M’s 3Q Sales Increase

3M’s 3Q Sales Increase

3M’s third-quarter sales were $8.9 billion, a 7.1% increase compared to the third quarter of 2020. Profit was $1.434 billion, a slight increase compared to the same period the prior year. Profit for the third quarter of 2020 was $1.430 billion for 3M (NYSE: MMM), based in St. Paul, Minnesota. Total sales in 3Q 2021 […]