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Online Newspapers Sites

Austin Business Journal

3M BUYS STAKE IN TECH FIRM--by Neil Orman 07/22/96

Huge 3M spinout, Imation Inc, has taken a substantive equity position that could range from 5 percent to 15 percent in an Austin startup that develops PC-based imaging technology.

http://www.amcity.com/austin/stories/072296/story3.html

The Business Journal of Charlotte

CITY ERASES OVERBILLING--by Erik Spanberg 12-16-96

Charlotte City officials are re-examining how the city lets and monitors contracts after an internal audit showed an office-supply company may have overbilled various government agencies by as much as $335,697 over a 28-month period.

http://www.amcity.com/charlotte/stories/121696/story4.html

The Business Journal of San Jose

STICKY DEVELOPMENTS IN AD WORLD--by Alastair Goldfisher 04/07/97

Post-it notes are not just a hot-selling office product. They have become one of the best new ideas sweeping the advertising world.

http://www.amcity.com/sanjose/stories/040797/story5.html

Houston Business Journal

DIGITAL COLOR PROCESS MAKES BIG IMPACT ON STREET SCENE--by Monica Perin 03/03/97

When JVI Image Graphics of Houston entered several of the company's commercial graphics projects in a national competition, JVI vice president David Estes figured "we wouldn't have a chance."

http://www.amcity.com/houston/stories/030397/focus1.html

Kansas City Business Journal

GROWING VOLUME--by Tom Linafelt 05/12/97

Hen Western Auto wanted a competitive in-store advertising edge that would boost sales at its chain of auto parts stores, it turned to a small, Lenexa-based company to install sound systems into its 350 stores.

http://www.amcity.com/kansascity/stories/051297/smallb1.html

Minneapolis/St. Paul City Business

3M ADS GET IN ON THE GROUND FLOOR--by Peter Kafka 11/04/96

Will advertisers let consumers walk all over them? 3M hopes they will. The Maplewood-based manufacturing giant thinks it's found a thriving business under its feet. Or rather, underneath the feet of shoppers at
discounters, grocery stores and department stores across the country, where it's trying to convince merchandisers to stick their ads.

http://www.amcity.com/twincities/stories/110496/story4.html

Minneapolis/St. Paul City Business

HEADLINE TALENT FOR YOUR EVENT--by Beth Mattson 10/14/96

While Michael Jackson or Clint Black are not likely to be making appearances at the company picnic anytime soon, corporations increasingly are booking marquee entertainers to bring a Hollywood flair to special events.

http://www.amcity.com/twincities/stories/101496/focus3.html

Minneapolis/St. Paul City Business

BUSINESSES EYE AGING BOOMER MARKET--by Drew Desilver 10/28/96

For some folks, the aging of the baby boom generation means little more than receding hairlines, graying ponytails and inevitable "30th anniversary of Woodstock" retrospectives. For Ray Rogers, it means cash money.

http://www.amcity.com/twincities/stories/102896/story3.html

The New York Times

FROM THE PERSPECTIVE OF THE CORNER OFFICE--by Judith H. Dobrzynski

If the stock market has been looking like Aesop's hare the last few years, the real economy -- of cars and computers, health care and consulting -- has surely been the tortoise, advancing steadily though slowly. But the next 12 months, chief executives around the country say, may turn out to be the year the tortoise has its revenge. Not that anyone expects the economy to pick up its pace. Its outlook is simply surer than the stock market's.

http://search.nytimes.com/search/daily/bin/fastweb?getdoc+site+site+10430+0+wAAA

+%28Livio%26D%26DeSimone%29%26OR%26%28%29%26OR%26%28%29

Orlando Business Journal

3M OUTDOOR 'LOOKING' TO BUY, BUT IT MUST FIT 'OVERALL STRATEGY'--by Jill Krueger 09/16/96

Outdoor Advertising is actively looking at acquisitions in the Orlando market. 3M had considered buying POA Acquisition Corp., says John Provost, national real estate development manager for 3M in Bedford Park, Ill. POA was acquired instead by Universal Outdoor Holdings last month.

http://www.amcity.com/orlando/stories/091696/newscolumn7.html

Pacific Business News (Honolulu)

PREPARE HOME FOR HURRICANES TO LOWER YOUR INSURANCE RATES--by Paula Gillingham 09/30/96

0fficials at the Hawaii Hurricane Relief Fund have taken advantage of this year's good weather to learn from those left in the wake of the Mainland's Hurricane Andrew in 1992 and this year's hurricanes Fran and Hortense.

http://www.amcity.com/pacific/stories/093096/focus3.html

Pittsburgh Business Times

LePAGE'S STICKS 3M WITH $75 MILLION SUIT --Week in Review 06/23/97

DOWNTOWN -- A Pittsburgh company has filed a $75 million antitrust lawsuit against the 3M Corp. LePage's Inc., a 121-year-old manufacturer of adhesive products such as transparent tape, filed the federal lawsuit this month against the Minnesota Mining & Manufacturing Co. (known as 3M) for predatory pricing tactics. LePage's claims 3M has monopolized the tape market, unfairly hindering competition. Peter Hearn, a Philadelphia lawyer who is co-counsel for LePage's, said the case was filed in Philadelphia because the waiting period for federal court cases in Western Pennsylvania is about two years, about twice as long as in Philadelphia.

http://www.amcity.com/pittsburgh/stories/062397/weekinbiz.html

St. Louis Business Journal

OUTDOOR SYSTEMS BUYING DIVISION OF 3M FOR $1 BILLION--by Rick Desloge 05/19/97

The outdoor advertising business is on the verge of becoming more consolidated in St. Louis. Outdoor Systems Inc., which already is the largest outdoors company in the metropolitan area, is buying 3M's National Advertising Co. in a $1 billion deal that stretches across the country.

http://www.amcity.com/stlouis/stories/051997/newscolumn2.html

The San Diego Union Tribune

RAYMOND HERZOG, MINNESOTA MINING CHAIRMAN; 81 06/22/97

Raymond H. Herzog, former chairman of Minnesota Mining and Manufacturing Co., died Saturday at his home in Pine Tree Hills, Minn. He was 81 and the cause of his death was cancer, according to a statement from the company. Mr. Herzog retired from 3M in 1980 after nearly 40 years of service. He was president of the company from 1970 until 1975, when he became chairman and chief executive. Mr. Herzog also had been a member of 3M's board of directors from 1965 until 1985.

http://www.uniontrib/utarchives/

Washington Business Journal

JURY DECISION WIPES OUT PROFITS FOR BIOWHITTAKER--by Bob Starzynski 09/09/96

An unsuccessful lawsuit has left Walkersville, Md.-based BioWhittaker Inc. with $3.4 million in legal fees -- an expense that roughly equals the company's annual net income.

http://www.amcity.com/washington/stories/090996/story7.html

Washington Post

AMERICANS STICK WITH DUCT TAPE--By Janet Kerlin Associated Press Writer Sunday, July 27, 1997

PROVIDENCE, R.I. (AP) -- Silvery, sticky and cheap, duct tape has been elevated from humble, all-purpose fixer to fashion-forward fabric. Pressing sticky sides together and wrapping it around themselves,four teen-age friends made shorts, skirts, tank tops and sandals for a fashion show at Portsmouth High School. Their slim-fitting fashions were applauded.``It's just different. They're shiny. Nobody really has duct tape clothes,'' said Nicole Sahady, 18.

http://www.washingtonpost.com/wp-srv/WAPO/19970727/V000538-072797-idx.html

Online News Wires

Business Wire

3M AND MICROFIELD GRAPHICS SIGN AGREEMENT TO DEVELOP AND MARKET ADVANCED DIGITAL WHITEBOARD PRODUCTS--July 15, 1997 07:50

PORTLAND, Ore.--(BUSINESS WIRE)--July 15, 1997--3M (NYSE: MMM) and Microfield Graphics Inc. (NASDAQ: MICG) announced
today the signing of a general purchase and development agreement through which 3M will globally market advanced versions of Microfield's SoftBoard(R) family of digital whiteboard products under the 3M brand.

http://www.stockfind.newsalert.com/bin/story?StoryId=Cm8R1WbKbyteWndC&FQ=c%25MMM%20

CNNfn

IN BUSINESS, IMAGE COUNTS--June 30, 1997

NEW YORK (CNNfn) - Say it in plain English.
That's the simple -- but crucial -- message that businesses need to keep in mind, according to imagemaker Alan Siegel.

http://cnnfn.com/hotstories/busunu/9706/30/image_intv/

Infoseek: News Center article

3M's PROFITS NOT ENOUGH FOR WALL STREET-- 02:11 p.m. Jul 23, 1997 Eastern

ST. PAUL, Minn. (Reuter) - Minnesota Mining & Manufacturing Co. Wednesday reported record sales and profits for the second quarter but its results still fell short of Wall Street's expectations and the company's stock lost ground.

http://www.infoseek.com/Content?arn=a1646robto-19970723&qt=3M&sv=N4&col=NX&ud3=696106858

432BA0F1A16B772F3771C96&kt=A&ak=allnews

News Alert - Company Digest

BUSINESS SUMMARY

MMM manufactures and markets pressure-sensitive adhesive tapes, abrasives, and specialty chemicals. MMM also markets computer-based projections, medical devices, reflective materials, and major automotive parts. For the three months ended 3/97, sales rose 7% to $3.71B. Net income rose 13% to $410M. Revenues reflect increased unit sales. Earnings reflect lower material costs, emphasis on cost control efforts, and a reduction in the worldwide tax rate.

http://www.stockfind.newsalert.com/bin/digest?Symbol=mmm

PR NewsWire

3M FORMS NEW DIVISION--June 16, 1997 10:40

ST. PAUL, Minn., June 16 /PRNewswire/ -- 3M (NYSE: MMM) announced today the formation of the Adhesives Division from the former Industrial Adhesives and Aerospace Department of the Industrial Tape and Specialties Division. It will develop, manufacture and market a broad range of specialty adhesives to the industrial, commercial and consumer markets, as well as a line of aerospace products to aircraft builders and related businesses.

http://www.stockfind.newsalert.com/bin/story?StoryId=Cm6s6qbWbtu5nmda4&FQ=c%25MMM%20

PR News Wire

JURY RULES IN FAVOR OF 3M BREAST IMPLANT CASE--Friday May 23 8:56 PM EDT

ST. PAUL, Minn., May 23 /PRNewswire/ -- An Albuquerque, N.M., jury today found in favor of 3M in five of six issues relating to a breast-implant case involving Nancy Duke in the 2nd Judicial District Court trial presided over by Judge Robert Thompson, 3M announced today. The jury decided after 10-1/2 hours of deliberation that 3M should not be held liable for allegations by the plaintiff that her breast implants caused her to have health problems. The jury found for 3M in areas relating to testing, manufacturing, packaging, warnings to the plaintiffs plastic surgeon, and they found 3M did not commit any misrepresentation to her plastic surgeon. The jury found 3M liable with regard to the design of the plaintiff's implants, and awarded $30,000 in damages.

http://biz.yahoo.com/prnews/97/05/23/mmm_y0015_1.html

Reuters

3M POSTS RECORD PROFITS BUT STILL SHORT OF FORECASTS--11:30 a.m. Jul 23, 1997 Eastern

ST. PAUL, Minn. (Reuter) - Minnesota Mining & Manufacturing Co. Wednesday reported record sales and profits for the second quarter but its results still fell short of Wall Street's expectations and the company's stock lost ground.

http://www.infoseek.com/Content?arn=a1181reuff-19970723&qt=3M&sv=N4&col=NX&ud3=6961068584

32BA0F1A16B772F3771C96&kt=A&ak=allnews

Reuters

MINNESOTA MINING UNIT TO END TOBACCO ADS--Thursday May 2 6:21 PM EDT

ST. PAUL, Minn. (Reuter) - The media unit of Minnesota Mining and Manufacturing Co. said said Thursday it will end billboard advertising for tobacco products by the end of 1998.3M Media, which sells billboard advertising, said it had been gradually decreasing the amount of tobacco-related advertising since the mid-1980s. It said it will accept no tobacco-related advertising contracts after the end of this year.

http://www.medlib.arizona.edu/~pubhlth/05039602.htm

Online Magazines

Business Week

MANAGEMENT MECCAS--by John A. Byrne 09/18/95

Once every month, the top officers of the company gather around a large conference table to discuss the most intimate details of operations. They reveal profit and sales figures, work in progress, and incoming orders. Sitting in the audience--yes, the audience--are more than 40 managers from such companies as Digital Equipment, Mobil, Eastman Kodak, and Union Pacific.

http://www.enews.com/magazines/bw/archive/1995/09/091895.2.html

CIO Magazine

STICKING WITH STRATEGY--by Derek Slater 1996

At 3M's Maplewood, Minn., headquarters, a road sign for the information superhighway points directly to Jim Radford's office. As manager of interactive customer communications and 3M's webmaster, Radford--who has a certificate commemorating the company's "First Internet Order" prominently framed above his gargantuan monitor--fires up his Web browser and logs into The Innovation Network, www.mmm.com. First he surfs through the flamboyantly graphical "3M Buf-Puf Products: The Teen Web zine for Health and Beauty" (sample articles: "Meet the Guys Who Eat Buf-Puf Sponges" and "Quiz: RU a Grrl, Geek or Groupie?"). Then, returning to the home page, he clicks into a buttoned-down set of pages describing 3M's new MP8030 Multimedia Projector. Beyond giving Radford a quick way to show off 3M's wildly diverse product lines, the company's Web site represents just one way 3M is delving into electronic commerce (EC) to serve its equally diverse customer base.

http://www.cio.com/forums/ec/ec_sticking.html

Fortune

THE SECRETS OF AMERICA'S MOST ADMIRED CORPORATIONS--by Brian O'Reilly03/03/97

Innovation abounds at ever-fertile 3M Corp., which introduced 500 new products last year. It's the force behind Pfizer, now known for having the best pipeline of new drugs coming to the market. It's what galvanizes Intel, whose brilliant new microprocessors keep driving the world's voracious appetite for computers.

http://www.pathfinder.com/@@Sx7FHgYAwu6zDZHb/fortune/1997/970303/nov.html

Genetic Engineering News

PEPTIDE AND PROTEIN DELIVERY TOPS NEW SURVEY OF DRUG FIRMS--by Nicola Watkins 11/01/94

3M Pharmaceuticals (St. Paul, MN) has 15 years experience and technological expertise in the manufacture of transdermal delivery systems, and the Minitran (nitroglycerin) Transdermal Delivery System has been a successful product. Other transdermal specialists include TheraTech (Salt Lake City, UT), Hercon Laboratories (New York, NY) and LTS Lohmann Therapie-Systeme (Andernach, Germany).

http://www.enews.com/magazines/geng_news/archive/110194.3.html

Management Review

MAKING LEMONADE--by Jenny C. McClure 06/01/97

At 3M, cross-pollination between divisions is encouraged. Technical councils let scientists from the various branches of the company come together. 'I've had other divisions literally create research programs to try to help me solve a problem that I've been wrestling with,' says Alex Cirillo Jr., technical director for 3M's Commercial Graphics Division. In addition, the company holds internal trade shows where groups can show off their new products - and get suggestions from other 3Mers on how to improve or otherwise modify a product to make it better.

http://www.enews.com/magazines/mr/archive/970601-001.html

Personal Journal

3M's STAFFING STRATEGY PROMOTES PRODUCTIVITY AND PRIDE-- by Dawn Anfuso (no date

given)

In response to staffing challenges a decade ago, 3M created programs that remain strategic today. As I interviewed people at Minnesota Mining and Manufacturing Co., I noticed that my sources all expressed a similar sentiment, that they're proud of being 3Mers. Sure, when interviewed most people try to portray their companies in a positive light. But in this case the expressions were much more personal. Take, for instance, this comment from Kathleen Stanislawski, staffing manager: "I'm a 27-year 3Mer because, quite frankly, there's no reason to leave. I've had great opportunities to do different jobs and to grow a career. It's just a great company." Tom Vaaler, HR director for the Life Sciences sector and marketing, also proudly proclaims: "I started here the day after I graduated from college and I've been here 32 years now."

http://www.workforceonline.com/archive/2695.html

Menu-Choice Sites

3M: 1-yr. Historical Price Graph

MINNESOTA MINING & MFG (MMM)
Last Price: 95 1/4
Net Change: +5/8
Date: 07/28/97

http://infoseek.moneynet.com/infoseek/template/template.mhtml?PARTNER=infoseek&CONTENT=hp&symbol

=MMM&graphData=1+Year+%28weekly%29&size=Small

3M: 5-yr. Historical Price Graph

http://www.shareholder.com/visitors/stock_quote.cfm?companyID=MMM&symbol=MMM&price=1&graph=1
amp;header=1&footer=1&GraphSymbol=MMM&months=60

3M Annual Report 1996: Financial Review

1996 sales totaled $14.2 billion, an increase of about 9% in local currncies and nearly 6% in U.S. dollars. International markets accounted for 53% of sales.

http://www.mmm.com/profile/report2/financialrev.html

3M History-1900

1902 held bright promise for five businessmen in Two Harbors, Minnesota. They started Minnesota Mining and Manufacturing Company (3M) to mine what they thought was corundum, a mineral ideal for making sandpaper and grinding wheels. The mineral, however, turned out to be a low-grade anorthosite. Sales of the poor-quality mineral were weak, and the company nearly failed -- but its founders persisted.

http://www.mmm.com/profile/looking/1900.html

3M Innovation Network - Global

http://www.mmm.com/

Miscellaneous Document Sites

Company Capsule: 3M

Minnesota Mining and Manufacturing (3M) is a diversified manufacturer whose creations include masking tape, sandpaper, Scotch Magic Tape, Scotchgard Fabric Protector, and Post-it Notes. The company has spun off its data storage and imaging businesses to focus on its Industrial and Consumer Sector (pressure-sensitive tapes, adhesives, abrasives, fluorochemicals, and nonwoven adhesives) and its Life Sciences Sector (medical/surgical supplies, drug delivery technologies, and dental products). Many of the company's 50,000 products dominate their respective markets. Heavily committed to R&D, about 30% of the company's revenues are generated from products introduced within the past 4 years.

http://www.infoseek.com/Content?arn=11003&qt=3M&sv=N4&lk=noframes&col=HV&kt=A&ak=corpdir

Dear Mr Fletcher:

Minnesota Mining and Manufacturing Company ("3M")has for many years used the trademark POST-IT in connection with various paper and adhesive products. The POST-IT mark has come to identify the products of 3M, and our company now enjoys valuable goodwill attached to that mark. That goodwill is important to 3M, and it is also important that the company not permit the use of a mark by others which is likely to cause confusion as to sponsorship or affiliation with 3M. In addition to 3M's extensive common-law rights in the mark POST-IT, 3M has obtained a number of federal trademark registrations for that mark.

http://www.kern.com/~daemonic/letter.txt

3M Company Profile

The Minnesota Mining & Manufacturing Company, commonly known as 3M, is headquartered in St. Paul, MN. The company, renowned for such products as Post-It Notes and Scotch Magic Tape, manufactures a wide variety of products in two business segments. 3M's Industrial and Consumer Sector (62% of 1995 revenues) manufactures and markets pressure-sensitive adhesives, specialty tapes, coated and non-woven abrasives, specialty chemicals, electronic and electrical products, automotive fasteners and related products, home cleaning sponges and other products, energy control products, and telecommunications products.

http://www.efund.com/3M_Co_Prof.html

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