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 woodworkingnetwork.com

Bill Esler

Bill Esler, Associate Publisher/ Editor in Chief, Woodworking Network Bill is responsible for editing Custom Woodworking Business and coordinating content for Wood Products , CLOSETS , WoodworkingNetwork.com, and related newsletters. Bill’s expertise includes using innovative print manufacturing techniques to grow audience engagement, digital printing, purls, QR codes; and lead-generating webcasts, 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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