Company Introduction
The 3M Company (MMM), originally known as the Minnesota Mining & Manufacturing Company, is an industrial conglomerate with products and businesses as diverse as the markets it operates in. The company prides itself on being a “Global Innovation Company”, claiming that it introduces new technologies and products to millions of consumers worldwide.
3M generated 65% of its income from outside the US in 2012, with the Asian market contributing the largest share. However, Latin America and Canada have been its fastest-growing markets over the last five years, with a CAGR* of 8.6%.
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