The state holds steady with 17 companies on the 2025 list, but half of them saw revenue declines in fiscal 2024.
3M
Solventum, which spun off from 3M in spring, is getting $13 million in state money for the project.
At TCB Talks: DEI, leaders from Medtronic, 3M, and Delta Dental of Minnesota shared the strategies that have produced measurable results around diversity, equity and inclusion.
The Maplewood-based manufacturer is expected to distribute the funds to military vets and service members through 2029.
Bill Brown previously served as chairman and CEO of Florida-based aerospace and defense firm L3Harris Technologies.
Operating under the name “Solventum,” the spin-off will continue operating from 3M’s Maplewood headquarters for now.
The Maplewood-based manufacturer has already been making the switch from pensions to 401(k) plans for years.
The Maplewood-based manufacturing giant is set to pay the settlement between 2023 and 2029.
Resolving the 'forever chemicals' suits will allow public water suppliers to upgrade treatment systems.
The cuts are part of 3M’s previously announced plan to eliminate 6,000 positions globally.
The move comes amid slowing quarterly sales for the industrial giant.
CEO Mike Roman says the job losses are "a necessary decision to align with adjusted production volumes.”
The Maplewood-based manufacturing giant announced Monday it will stop using these “forever chemicals” by the end of 2025. Why now?
Bankruptcy won't shield 3M's subsidiary Aearo Technologies from continued litigation over earplugs, a federal judge has ruled.
The Minnesota manufacturer is spinning off its multibillion-dollar health care business into a new publicly traded company.
With venture funding driving entrepreneurship today, Minnesota's big businesses want to create internal startup cultures to reconnect with their inventive roots.
Fortune 500 companies all post sales gains of more than 20 percent.
The company will spend the money over the next two decades. Goals include achieving “carbon neutrality” by 2050.