3M Co said on Monday it would restructure its business into four operating units...
FILE PHOTO: The logo of Down Jones Industrial Average stock market index listed company 3M is shown in Irvine, California April 13, 2016. REUTERS/Mike Blake/File Photo
The company’s shares fell 1 percent in early trading after it announced the four units - safety & industrial, transportation & electronics, healthcare and consumer.The maker of Scotch tape and Post-It notes, which reported total sales of $32.77 billion for the last fiscal year, said it expects annual revenue from its safety & industrial unit to be $12 billion, and $7 billion from its transportation & electronics unit.
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