LYCOS RETRIEVER
3M: So Mcnerney
built 634 days ago
During the 1970s, 3M introduced its first and only traffic signal, the M-131. Labeled a "programmable visibility" signal, the signal had the unique ability to be "programmed" so it was visible from certain angles. It was the first of its type and is still being produced today. 3M sold these signals for special-use applications, such as left turn signals, skewed intersections, or dangerous intersections where a very bright indication is needed. The signals are very heavy and expensive to maintain, and removal is quite frequent in some areas.
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On a more somber note, in 1994 3M took a $35 million pretax charge against probable liabilities and associated expenses related to litigation over 3M's silicone breast implant business operated through former subsidiary McGhan Medical Corporation. 3M was named in more than 5,800 lawsuits claiming injuries caused by leakage or rupture of the implants.
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"This relationship is exciting; it brings together two automotive companies with unique and complementary strengths," said Steve Schreiner, marketing director, 3M Global Automotive Market Center. "3M and Visteon intend to use the demonstration vehicle as a centerpiece in discussions with automakers about developing technology that addresses social trends and meets consumer needs."
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Transparent Scotch tape, now a generic commodity, provided a major windfall during the Great Depression, helping 3M to grow at a time when most businesses struggled to break even. Another salesman invented a portable tape dispenser, and 3M had its first large-scale consumer product. Consumers used Scotch tape in a variety of ways: to repair torn paper products, strengthen book bindings, mend clothes until they could be sewn, and even remove lint. By 1932 the new product was doing so well that 3M's main client base shifted from furniture and automobile factories to office supply stores. During the 1930s, 3M funneled some 45 percent of its profits into new product research; consequently, the company tripled in size during the worst decade American business had ever endured.
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"This agreement builds on the rich Littmann brand legacy of advancing the art of auscultation," said Chuck Kummeth, Vice President and General Manager, 3M Medical Division. "We are committed to bringing innovative solutions to our customers, and this agreement with Zargis will help us do this well into the future."
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Preclick makes co-branded photo software for major imaging brands: Hewlett-Packard, Wal-Mart, Costco, 3M, and SanDisk. Preclick ... offers a family of plug-in applications for free and for under $20 to address customer desires and frustrations.
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