3M - Most Admired Companies
Top 50 rank: 18
Rank in Scientific, Photographic and Control Equipment: N.A.
(Previous rank: N.A.)
Overall score: N.A.
Why it's admired:
The purveyor of ubiquitous office supplies like Scotch Tape and Post-Its reported that annual revenues were up 11% to $29.6 billion thanks to growth in four of the companys six business segments, from Industrial and Transportation -- tapes, abrasives, filtration products, among others -- to Safety, Security, and Protection Services, like cleaning products for businesses, with the largest sales growth in Latin America and Canada.
The company also increased spending to encourage future growth, investing a large portion of $1.4 billion to address supply constraints in businesses including renewable energy.