Exhibit 1: The History of 3M, From Humble Beginnings to Fortune 500 (Web Page) — 3M Company v. TAC2 Global, Case 8:20-cv-01003, Doc. 10-1 (Filed 05/06/20)
- Date
- 2020-05-06
Summary
Exhibit 1, filed May 6, 2020 as Document 10-1 in Case 8:20-cv-01003-MSS-CPT, spanning PageID 270 to PageID 272. The three-page exhibit is a slip sheet followed by a printout of the 3M United States website's "3M History" page. The page describes 3M's origin as Minnesota Mining and Manufacturing Company, a mining venture begun in 1902 to mine corundum, and its later growth into a company on the Fortune 500 list. It states that more than 60,000 3M products are in use and that the company has corporate operations in 70 countries and sales in 200. The printout ends with a timeline entry on the company's founding in Two Harbors, MN.
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Cite this document
“Exhibit 1: The History of 3M, From Humble Beginnings to Fortune 500 (Web Page) — 3M Company v. TAC2 Global, Case 8:20-cv-01003, Doc. 10-1 (Filed 05/06/20).”
Original at ecf.flmd.uscourts.gov, dated 2020-05-06. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2020-05-06-the-history-of-3m-from-humble-beginnings-to-fortune-500/
, SHA-256 830d7202f400e7777b7bd27102df59c1e8f24d6bc8df6ee869459b0300bda6cd.Full text
Case 8:20-cv-01003-MSS-CPT Document 10-1 Filed 05/06/20 Page 1 of 3 PageID 270
EXHIBIT 1
Case 8:20-cv-01003-MSS-CPT Document 10-1 Filed 05/06/20 Page 2 of 3 PageID 271
PRODUCTS FOR PRODUCTS FOR ABOUT US
BUSINESS CONSUMERS
3M United States About 3M History
3M History
Here, our history inspires your future.
More than a century ago, 3M started as a small-scale mining venture in Northern
Minnesota, then named Minnesota Mining and Manufacturing Company. Now a global
powerhouse, our products improve the daily lives of people around the world.
But our success and longevity were not apparent from the start. We tried. We failed.
We tried something new. Repeat cycle. Innovation and perseverance drove our
founders, and it continues to drive 3Mers today.
From Humble Beginnings to Fortune 500
When 3M began in 1902, our ve founders had a simple goal: to mine for corundum, a
mineral ideal for making sandpaper and grinding wheels. Turns out, what they thought
was corundum was really another low-grade mineral called anorthosite.
Discovering the poor-quality mineral could have caused an early end to our edgling
company, but our founders persisted. Why? Because something more important was
born that rst year: the spirit of innovation and collaboration that forms the foundation
of 3M today. So instead of calling it quits, we turned to di erent materials, applied
Case 8:20-cv-01003-MSS-CPT Document 10-1 Filed 05/06/20 Page 3 of 3 PageID 272
them to other products, gained the trust of important investors and built up sales little
by little.
Scienti c, technical and marketing innovations produced success upon success over
the years, eventually making 3M a constant name on the Fortune 500 list. Today, more
than 60,000 3M products are used in homes, businesses, schools, hospitals and other
industries. One third of our sales come from products invented within the past ve
years, thanks to innovations from the thousands of researchers and scientists we
employ around the world.
With corporate operations in 70 countries and sales in 200, we are committed to
creating the technology and products that advance every company, enhance every
home and improve every life.
Click the dots to see how 3M has evolved from
mining for rocks to rocking innovation in science,
technology, engineering and mathematics.
VIEW FULL 3M TIMELINE
1902 – Humble Beginnings
Minnesota Mining and Manufacturing Company was founded by Dr. J.
Danley Budd, Henry. S. Bryan, William A. McGonagle, John Dwan and
Hermon W. Cable in Two Harbors, MN.
1902 – Humble Beginnings
Minnesota Mining and Manufacturing Company was founded by Dr. J.
Danley Budd, Henry. S. Bryan, William A. McGonagle, John Dwan and
Hermon W. Cable in Two Harbors, MN.
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