The Maplewood-based manufacturing giant is set to pay the settlement between 2023 and 2029.
3M
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.
Move marks third round of significant cuts in last two years.
The company’s technology will be used to help mitigate Covid-19 exposure in airplane cabins.
The company has formed a group of eight Minnesota community leaders to help steer its $50 million investment plan.
Drug delivery business had been sold off for $650 million.
The funds will be primarily directed toward education and workforce development programs.
The company produced nearly 800 million respirators in first half of year.
Without its 160,000 spectators, local hospitality industry loses out on as much as $50 million.