On Jan 15, we updated the research report on diversified industrial goods manufacturer 3M Company (MMM – Free Report) .
The companys brands like Nexcare, Post-it, Scotch, Scotch-Brite, ScotchBlue and Filtrete are well recognized names in each household while being market leaders in their respective product categories. With continuous product innovations and investments in R&D, 3M aims to maintain a healthy organic growth. The companys ability to convert high R&D spends into up-cycle market share gains and strong pricing powers determine its success. In 2018, the company plans to invest approximately $1.9 billion in R&D.
At present, the company is focused on three key metrics namely, portfolio management, investment …
Read the full article at: https://www.zacks.com/stock/news/288839/3m-retains-core-business-focus-with-portfolio-restructuring