Cage Code 54681
3M was founded in 1902 in the town Harbors, Minnesota by five businessmen with diverse occupations. One of the milestones for 3M was the invention of the first waterproof sandpaper that helped reduce airborne dust during automobile manufacturing. Another major milestone step for 3M was the invention of masking tape in 1925 by Richard G. Drew. During the early 1940's 3M was diverted into defense materials for World War II. 3M expanded into pharmaceuticals, radiology and energy control during the 1970's and 1980's. In the 1990's 3M reached the 15 billion mark and kept developing new innovative products. Today, 3M is a global innovation company the never stops inventing. In year-end of 2012, 3M had global sales of 30 billion and sold 3M products in nearly 200 countries. 3M had 88,000 employees globally in the year 2012. In 2012 Fast Company listed 3M in the top 10 of the "The World's 50 Most Innovative Companies in Healthcare".