The company tells FOX54 the reduction in staff will begin by the end of this year and will continue into early 2028.
M will lay off approximately 170 employees and scale back production in Decatur by early 2028, according to the company. These changes come as a result of 3M's transition away from PFAS manufacturing.
Incremental product launches and business divestures will define the next few years at the Minnesota-based manufacturer.
Saint Paul, Minnesota-based 3M Company (MMM) is a diversified conglomerate, operating through Safety and Industrial, Transportation and Electronics, and Consumer segments. With a market cap of $79.2 ...
That business comprises less than 1% of 3M's total revenue. Meanwhile, the company posted solid 3Q organic growth in its ...
3M raised its 2025 adjusted EPS outlook to $7.95-$8.05 (prior $7.75-$8.00) versus the consensus of $7.92. 3M now expects 2025 ...
M reports better-than-expected financials for its third quarter. Jim Cramer now sees 3M stock as a growth name.
(Photo by: Michael Siluk/Education Images/Universal Images Group via Getty Images) On February 21, 2024, 3M Company (NYSE: MMM, $91.82, Market Capitalization: $50.7 billion), a diversified global ...
Analysts expect the Saint Paul, Minnesota-based company to report quarterly earnings at $2.07 per share, up from $1.98 per ...
The 3M Company will invest approximately $470 million and add around 600 new jobs by 2025 as it expands manufacturing operations in East Tennessee. As part of 3M’s expansion at the Eagle Bend ...
Industrial conglomerate and world-renowned dividend stock 3M Company (NYSE: MMM) has suffered a fall from grace that's taken shares over 60% from their highs, last seen in early 2018. The culprit? An ...