113M St. Paul, Minnesota/USA www.3M.com
“Patents are critical to protecting our innovation and significant
investments in R&D,” said Palensky. 3M invests nearly six percent
of sales annually in R&D including funding for multiple technology
platforms that will be introduced to the market in the coming years.
PUBLIC COMPANY
MARKETS SERVED
YEAR ESTABLISHED: 1902
• Adhesives and sealants • Pipe coatings
/06 12:19 PM Page 1
REVENUE: $2.3 billion s (2012: $2.3 nn)
Inge G. Thulin, chairman, CEO and president; H.C. Shin,
executive VP, international operations; Michael F. Roman
executive VP industrial business group; Frederick Palensky,
executive VP research and development and CTO; Frank
Little, executive VP safety and graphics business group,
Michael Kelly, executive vice president electronics and
business group.
KEY EXECUTIVES
3M reached an innovation milestone with the issuance of 52 patents, moving the company’s total number of patents past he 100,000 mark.
Lab. She currently holds 50 patents. Her recent patent is for a mate-
rial with versatility, including the potential to improve cosmetics,
“We celebrate this important milestone, and honor all of the scien-
tists whose inventions have contributed to the success of 3M and the
products it brings to companies, homes, and people,” said Fred Palen-
sky, 3M executive vice president and chief technology officer. “Our un-
wavering commitment to research and development allows us to deliver
technology, products and innovation to our customers worldwide.”
Each year, about 3,000 patents are issued to 3M worldwide,
more than 500 of which are granted in the U.S. These patents have
applications in a wide range of industries as diverse as the company
itself – ranging from health care adhesives and sterilization products
to consumer electronics to reflective traffic signs. 3M’s first patent
was granted in 1924. The following year, former 3M chairman of
the board William McKnight earned 3M’s second patent, which was
issued for a handle for sandpaper.
One of the 3M inventors on the patents that were issued is Audrey Sherman, who works in 3M’s Electronics & Energy Business
Successful Strategies for Decision-Makers
CHEMARK
230 N.Bennett St., Ste. 3 • Southern Pines, NC 28387
910-692-2492 • E-mail: phillips@chemarkconsulting.net
Web Site: chemarkconsulting.net
Partner Offices: Dorking, ENG • Research Triangle Park, N • Detroit, MI
Core Competencies
Value Implications for CLIENTS
• Strategy Business Assessment
& Planning
• Value Systems Analysis
• Customer Relationship
CONSULTING
GROUP
• Position, Growth,
Competitive, Image Analysis
• New Business Development
• Market Research
COATINGS
ADHESIVES
SEALANTS
&
SPECIALTY
CHEMICALS
