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.
That business comprises less than 1% of 3M's total revenue. Meanwhile, the company posted solid 3Q organic growth in its ...
M reports better-than-expected financials for its third quarter. Jim Cramer now sees 3M stock as a growth name.
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 ...
(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 ...
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 ...
On a price return basis, the Dividend Growth Stocks Model Portfolio (+1.3%) underperformed the S&P 500 (+1.7%) by 0.4% from July 29, 2021 through August 24, 2021. On a total return basis, the Model ...