MELANY's data-driven read on 3M Company · Surgical & Medical Instruments & Apparatus.
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators and is known for its extensive research and development and for finding new use cases for its proprietary technologies. It is organized into three segments: safety and industrial (about 44% of revenue), transportation and electronics (36%), and consumer (20%). It recently spun off its healthcare business, now Solventum, and draws nearly half of its revenue from outside the Americas.
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