3M Aims to Sell Sections of Electronics Business
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In November 2012, 3M CEO Inge Thulin indicated the company was reviewing units of revenue that totaled $2.5 billion that could be fixed, closed or sold, according to Bloomberg. (The electronic units collected about $1 billion of 3M’s $31 billion in sales in 2013.) While Thulin did not say which businesses were included, Bloomberg sources confirmed the electronics division was part of that process, but which components’ departures are in the works is not known at this time.
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- Companies:
- 3M Promotional Markets Department
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Amanda L. Cole
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Amanda L. Cole is the editor-in-chief of NonProfit PRO. She was formerly editor-in-chief of special projects for NonProfit PRO's sister publication, Promo Marketing. Contact her at acole@napco.com.
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