Headquartered in Minneapolis, Minnesota, 3M (MMM) is a global industrial conglomerate that manufactures products ranging from household and office goods to specialty products used in industries such as aerospace and automobile industry. The company’s operations are spread globally with suppliers and customers in over 196 countries. The company classifies its business under five main segments: Consumer and Office, Electronics and Energy, Healthcare, Industrial and Transportation, and Safety and Graphics. The Industrial and Transportation segment generated a little over a third of the company’s revenues in 2012 and has historically grown the fastest at a five-year Compound Annual Growth Rate (CAGR) of 7.3%. Healthcare segment, however, has the highest margins of 32%, as reported by the company. Read More: MMM
