Top 10 Conglomerates in USA 2016

Posted in Top Brand Lists, Total Reads: 8421

9. 3M

From Post-it notes to cloud library, 3M has a very prominent name as a big conglomerate.

Image: Wikimedia

It has presence in various products including abrasives, laminates, adhesives, passive fire protection, dental and orthodontic products, car care products, electronic materials, and optical films. 3M is an American Conglomerate founded in the year 1902 and it was formerly known as Minnesota Mining and Manufacturing Company until 2002 when it got renamed as 3M Company.

3M is a true Multinational company which operates in about 70 countries and the products of 3M has a reach in about 200 countries through distributors and Retailers.

Majorly the business of 3M can be broadly divided into 5 business groups: Consumer, Electronics and Energy, Healthcare, Industrial, and Safety and Graphics. Many of us must be using Post-it notes or Sticky notes that are made by 3M. Innovation is one core value that 3M believes in right from its inception and that makes 3M a science based company. 3M is committed to make lives easier by applying science and technology to daily customer needs and real-world problems.

Some of the well-known brands of 3M in US and world-wide are Post-it Products, Scotch-Brite Products, Filtrete Filters, Scotch Tapes and Adhesives, Scotch Print Graphics, Nexcare First-aid Products, Vikuiti Products etc., 3M is a true conglomerate which started off as a small mining venture in 1902 and in a period of 114 years has grown into a global scientific powerhouse with over 1,00,000 patents and with a presence in every industry in the world. The tagline “3M Science. Applied to Life” suits its hunger for innovation and improving lives daily.

Founded: 1902

Market Cap: $ 102.2 bn.

Revenue: $ 30.274 bn.

Net Income: $ 4.833 bn.

Total Assets: $ 32.718 bn.

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