Skip to main content

3M to invest $50 million in China

A 3M executive says the $50 million investment is part of a "five-year strategy for China to increase annual sales 15 to 20 percent." The Maplewood-based manufacturer plans to develop new technology and products for the China market -- 3M's biggest overseas market.
  • Author:
  • Updated:
    Original:

A 3M executive says the $50 million investment is part of a "five-year strategy for China to increase annual sales 15 to 20 percent." The Maplewood-based manufacturer plans to develop new technology and products for the China market -- 3M's biggest overseas market.

Next Up

Hockeyland1

'Hockeyland' documentary debuting in Minnesota movie theaters

The documentary has received great reviews at numerous film festivals.

Flickr - police lights squad siren - Edward Kimmel

Former Minnesota Olympic runner accused of driving drunk in Eden Prairie crash

Police said the man's blood alcohol level was three times the legal limit.

ATV

Man, 79, killed in ATV rollover near Faribault

The man was declared dead at the scene.

minneapolis police

Woman fighting for her life after shooting in Minneapolis

The woman was shot only about a half-hour after a 14-year-old suffered critical injuries in an apparent accidental discharge.

prior lake high school

Two students face discipline over racist messages at Prior Lake High School

Families and students were largely uncooperative with the investigation.

Sharon and Herb Vasser

Cause of Hopkins house explosion that killed couple revealed

Sharon and Herb Vassar were killed in the explosion. Herb built the home back in 1962.

Arrows on target

Charges: Minnesota camp counselor fired arrows at kids, injuring boy

An 8-year-old boy was shot in the arm with an arrow.

North Shore Mayor Chris Swanson.

Two Harbors votes overwhelmingly to recall Mayor Chris Swanson

The mayor had been scrutinized for several things leading up to the vote Tuesday.

Screen Shot 2022-08-10 at 8.43.50 AM

Suspected gunman at large after homicide near Albert Lea

The 32-year-old suspect was last seen in a 2004 white Ford F-150 with Minnesota license number EUZ-057.

Ettinger and Finstad

Brad Finstad (R) edges out Jeff Ettinger (D) in CD-1 special election

Finstad will serve out the remaining months of the late Jim Hagedorn's term, before facing Ettinger again in November.

Gov. Tim Walz and Scott Jensen.

Minnesota primary 2022: Results from MN's statewide, congressional races

Minnesotans have voted and set the stage for the November elections.

Related

Dayton leads delegation of 50 to China

Gov. Mark Dayton leaves on a week-long trade mission to China on Friday, and he says an important part of the trip will be the opening of a new economic development office there. Dayton leads a delegation of 50 that includes representatives from business, agriculture and higher education.

3M to pay $1.3 million to British firm

The Porton Group and its partners filed a lawsuit claiming the Maplewood company failed to deliver on a promise to market a diagnostic test for hospitals. 3M made a multimillion-dollar deal to acquire the test in 2007, but much of the payout was tied to future sales. A year later, 3M had dropped the product, BacLite. The investment fund had sought $40 million in the suit. Both sides have claimed a victory in the case.

Dayton headed for China in 2012

The governor will follow up this year's trade mission to Japan and South Korea with a similar trip to China. State officials say a late spring or early summer journey is likely.

Cargill to open $250 million chicken broiler in China

Wayzata-based Cargill Inc. says the company plans to operate one the largest poultry broiler production facilities in China next year. The facility currently under construction will raise 65 million birds a year. Cargill invested $250 million into the plant. China's poultry industry is rapidly expanding with annual growth at 5 to 6 percent.

New Shanghai office will help Minnesota companies do business in China

The Minnesota Trade Office and the economic development group Greater MSP are teaming up to open a Shanghai office. The groups say it will help Minnesota export more products to China, which is already the state's number two export market.

Best Buy figures out China's middle class

Western exporters, faced with anemic growth in Europe and North America, are banking on China's rapidly growing middle class. But Western companies have misjudged Chinese shoppers' priorities and clumsily tried to export U.S.-style stores. Best Buy is unlocking the mysteries of these consumers -- through trial and error, the Wall Street Journal reports.

General Mills to open fifty new Häagen-Dazs shops in China

The Golden Valley-based company plans to bring the number of ice cream shops in China to 255 over the next year. General Mills owns Häagen-Dazs globally, but the brand is licensed to Nestlé in the U.S. and Canada.