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3M Company (originally the Minnesota Mining and Manufacturing Company) is an American multinational conglomerate operating in the fields of industry, worker safety, healthcare, and consumer goods. [5] The company produces over 60,000 products under several brands, [6] including adhesives, abrasives, laminates, passive fire protection, personal ...
3M itself sold its food safety business to Neogen in September 2022. On January 24, 2023, the health care business was registered as a corporation in Delaware under the provisional name "3M Health Care Co.". On November 16, 2023, 3M unveiled that the new company would be called Solventum, a portmanteau of the words "solving" and "momentum".
5,000 (2013) Kinetic Concepts, Inc., ( KCI) is a global corporation that produces medical technology related to wounds and wound healing. KCI produced the first product developed specifically for negative pressure wound therapy. In 2013, the company employed 5,000 people and marketed its products in more than 25 countries. [2]
Minnesota's newest public company will make its debut April 1, nearly two years after 3M first announced it would spin off its health care business. Solventum, the spinoff's name, will employ more ...
3M announced that it would freeze pensions for non-unionized employees and shift to a 401(k) retirement plan in 2028. 3M’s CEO is set to score a $26 million pension while the company freezes ...
3M last year disclosed plans to spin off its healthcare business into a listed company, in which the U.S. industrial giant would retain a 19.9% stake. The health care unit, which focuses on wound ...
Acelity, L.P. Inc. Acelity L.P. Inc., was a privately held medical device company. It was a non-operating holding company whose wholly owned subsidiaries developed advanced wound therapeutics products. The advanced wound therapeutics business was conducted by Kinetic Concepts, Inc. (KCI) and its subsidiaries, including Systagenix.
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