3M Industrial Sales Were $2.7 Billion; Canada Up Double Digits

Posted by Bill Esler | Posted: 10/24/2013 9:05AM


ST. PAUL, MN - Sales in 3M Industrial operations, which includes adhesives and abrasives used in wood manufacturing, automotive and other industries, rose even higher, 8.6% to $2.7 billion. Sales grew in all businesses served by 3M Industrial, led by aerospace, automotive, advanced materials, liquid filtration, automotive aftermarket and industrial adhesives and tapes.

Sales rose in all major geographies, with double-digit growth in Latin America/Canada. Operating income for the Industrial operations was $568 million operating margin of 21.3 percent. 

3M overall third-quarter revenue rose 7.9% $7.9 billion, a record.

click image to zoom3M industial abrasives, sandpaper3M 2012 profile shows the Industrial operations breakdown.


About the Author

Bill Esler, Woodworking Network, WMS

Bill Esler

Bill Esler, Editorial Director, Woodworking Network Bill is responsible for overall content at WoodworkingNetwork.com Woodworking Network magazine, and related newsletters. Bill also manages event programs for Woodworking Network Live conferences at the Woodworking Machinery & Supplies Expo in Toronto and Cabinets & Closets Expo. He developing audience engagement programs using custom digital printing, live lead-generating events, custom websites, and custom digital and print content. Read Bill Esler's woodworking blogs. He can be reached at besler@woodworkingnetwork.com or follow him on Google+.

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