3M Company, founded in 1902 and headquartered in St. Paul, Minnesota, U.S.A., is a world-renowned multinational enterprise with diversified products.
3M has been known for its innovation and variety of products, and has developed more than 60,000 high-quality products in its more than 100-year history. In modern society, 50% of the world's population comes into direct or indirect contact with 3M products every day.
3M has branches in more than 60 countries and regions around the world, and its products are sold in more than 200 countries and regions, with an annual turnover of more than 19.6 billion U.S. dollars. As one of the world's top 500 companies, 3M was named one of the world's top 50 best performers by BusinessWeek in 2003, and one of Fortune magazine's "Most Admired Companies in China" for two consecutive years.
3M China Limited - 21 Years
- Establishment
3M China Limited was incorporated in Shanghai in 1984, which is the first wholly foreign-owned enterprise (WFOE) established outside of the Special Economic Zone in China, and also the first WFOE in Shanghai. It has been 21 years since then.
- Scale
3M's cumulative investment in China exceeds 300 million dollars. At present, 3M has established 11 companies, 5 production bases, 19 offices, 1 R&D center and 3 technology centers in China, with 3,200 employees.
3M's offices are located in 19 cities including Shanghai, Beijing, Guangzhou, Tianjin, Hangzhou, Nanjing, Suzhou, Shenyang, Chengdu, Wuhan, Fuzhou, Shenzhen, Qingdao, Chongqing, Xi'an, Kunming, Dalian, Urumqi and Zhengzhou.
- Business & Service Markets
3M China's business units are divided into seven business groups, Industrial Products Division; Security & Protection Division; Medical Products Division; Signage, Traffic & Transportation Division; Electronics, Power & Communications Division; Optical Products Division; and Literature, Education & Household Products Market Division.
3M serves a wide range of markets in China, including: industrial, transportation, electronic communications, security, commercial, medical and personal care, electronics, electrical, construction, education and consumer and other areas, 3M through the provision of high-quality products and services, and improve the technical solutions to meet the needs of customers in different market areas.
- Brands
3MTM, Post-it?
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Manufacturing bases
3M currently has 5 manufacturing bases in China***, located in Shanghai (4) and Suzhou area (1).
3M has logistics centers in three cities, Shanghai, Tianjin and Shenzhen, and in 2005 Shanghai will be the largest logistics center in 3M's China region.
Local R&D
Since 1994, 3M has set up one R&D center and three technical service centers in Shanghai, Beijing, Guangzhou and Suzhou, with a total investment of nearly 60 million yuan.
3M is committed to the localization of product development; for Chinese users to solve technical problems; to assist the relevant ministries and commissions to establish technical specifications; and is responsible for research and development of high-tech projects with local scientific research institutions *** with.
In August 2005, 3M established a new R&D center in China, with a total investment of $40 million.