|
Papers > History > 3M
This is a preview of a paper to view the full text you need to signup and login.
3M |
|||
|
3M HISTORY Five businessmen from Two Harbors, Minnesota, started 3M in 1902. ... Ober, a 3M stockholder worked diligently to convince one of St. ... McKnight, a 20-year-old business student was hired in 1907 by 3M to be an assistant bookkeeper. McKnight went on to become 3M’s president and the first chairman of the board. ... As sales manager, McKnight encouraged the 3M sales representatives to do some customer research. ... To insure quality control, 3M invested $500 in a tiny laboratory. ... 3M’s first exclusive product was Three-M-ite, an Abrasives Cloth. ... In 1916, 3M was free of debt and able to pay its first dividend. ... By 1917, sales had reached $1 million and 3M was in the position for real growth. In 1920 3M bought the rights for a waterproof sandpaper that they later called Wetordry Waterproof Sandpaper. ... 3M formed a holding company in Europe with eight other manufacturers around 1929. ... After the separation 3M would go on to start it’s own international division to increased the growth of their global operations. ... An ideal for an adhesive-backed surgical drape was given to 3M by three surgeons. ... In 1962, 3M completed their first office building in St Paul, Minnesota. ... In 1969, 3M created the synthetic material that was used on the space boots worn by Neil Armstrong on the moon. 3M’s technology and business continue to grow in the 70’s. ... In 1972 3M reached the $2 billion mark and in 1979 sales topped $5 billion. In the 80’s, 3M focus on continuous improvement in all aspects of their business, especially customer requirements. ... The international operations account for more than half of 3M’s business. 3M continues to work on several corporate initiatives, such as reducing waste and pollution, improving productivity, reducing costs, and developing products more quickly and efficiently. |
|||
To link to this page, copy the following code to your site:
Paper Information |
|||||
Title: 3M
|
|||||
Signup & Login |
|||||
If you don't currently have a login then Signup here |
|||||
| Pre-Written Papers | |||||
|
|||||
| Custom Papers | |||||
|
|||||
Copyright 2003-2008 doingmyhomework.com. All rights reserved.