3M
American multinational corporation
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March 2024 | 3M announced the appointment of William 'Bill' Brown as chief executive officer, effective May 1, 2024. |
August 2023 | 3M settled approximately 260,000 lawsuits by agreeing to pay $6 billion to current and former U.S. military members affected by the defective earplugs. |
June 2023 | 3M reached a settlement to pay more than $10 billion to US public water systems to resolve claims over water contamination with PFASs (forever chemicals), acknowledging that the company knew about potential health harms since the 1990s. |
2021 | 3M achieved total sales of $35.4 billion and ranked 102nd on the Fortune 500 list of largest United States corporations by total revenue. |
2021 | Research revealed that 3M's Zwijndrecht (Belgium) factory caused PFOS pollution potentially contaminating agricultural products within a 15-kilometer radius. |
December 31 2020 | 3M reports total CO2e emissions of 5,280 kilotonnes, which represents a 9.4% reduction from the previous year. |
2019 | 3M establishes its base year for carbon emissions reduction goals, targeting a 50% reduction by 2030. |
2019 | Inge Thulin continues as executive chairman after stepping down as CEO, until Michael F. Roman is fully appointed. |
2019 | 3M opened a fifth design center in Shanghai, China. |
2019 | 3M appeared before lawmakers to deny responsibility for chemical contamination, arguing that the chemicals pose no human health threats. |
2018 | 3M opened new headquarters in Singapore featuring a Customer Technical Centre. The Ames, Iowa plant received additional funding for expansion. The company also opened a fifth design center in Shanghai. |
2018 | Over 140,000 former earplug users, primarily U.S. military veterans, begin filing lawsuits against 3M for hearing loss and related damages |
2018 | 3M opened new headquarters in Singapore featuring a Customer Technical Centre. The company also opened a fifth design center in Shanghai. |
2018 | 3M opened new headquarters in Singapore featuring a Customer Technical Centre. |
2018 | 3M agreed to pay $9.1 million to the U.S. government to resolve allegations about earplug safety, without admitting liability. |
May 25 2018 | Michael F. Roman was appointed CEO by the board of directors. |
February 2018 | 3M reached a settlement with Minnesota for $850 million related to PFAS contamination. |
2017 | 3M announced a $40 million expansion project to upgrade its Springfield, Missouri plant and redevelop another building. |
2016 | 3M announced a major expansion of the Tuas plant in Singapore. |
May 2016 | Moldex-Metric, Inc. filed a whistleblower complaint against 3M under the False Claims Act, alleging false claims about earplug safety. |
March 2016 | 3M completed a $150 million research-and-development building on its Maplewood campus, consolidating 700 scientists from various divisions to improve collaboration. |
2015 | 3M announced plans to construct a technology innovation center in Chengdu, China. |
2014 | 3M announced a $70 million expansion of its Brookings, South Dakota plant, which manufactures over 1,700 health care products. |
2012 | Inge Thulin becomes CEO and board chair, replacing George W. Buckley. |
2012 | 3M's Columbia, Missouri manufacturing plant received a $20 million expansion. |
2011 | 3M broke ground on its ninth manufacturing facility in Hefei, China, for producing photovoltaics and renewable energy products. |
2011 | 3M expanded a factory in Woodlands, Singapore. |
2010 | The state of Minnesota sued 3M for $5 billion in punitive damages for releasing toxic chemicals into local waterways. |
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