3M has announced plans to restructure its business from five operating divisions to four.
The new structure will consist of four business units—safety and industrial, transportation and electronics, health care, and consumer. Previously the company’s safety and industrial divisions operated as separate units.
3M will begin reporting its financial results under the new structure starting with the second quarter of 2019.
With global sales of US$33 billion, 3M is a leading producer of thousands of products ranging from chemicals, filtration systems, and safety and protection equipment to office, graphics, and health care equipment. For more information, visit www.3m.com.