Sunday, October 19, 2025 5:42:59 PM
A 3M buyout would tickle me green. Heck, even one little new product to start. 🚲️
"The recent pledge by 3M to invest billions in product development comes after a year in which the firm launched 169 new products. Its next goal is to accelerate company growth by launching more than 1,000 new products in the coming years.
3M says it will focus on verticals where it already has a presence and can innovate further. These include areas such as industrial automation, energy, electronics, safety, and consumer-facing industries like cleaning and home improvement.
Technology Is Key
New technology will largely support 3M’s strategy. The company says innovation efforts will leverage AI tools, a method company leaders say will fundamentally change how 3M conducts research. Banovetz also recently detailed a "digital materials hub” where 3M employs AI to apply technical information to over 300 product model combinations to predict performance characteristics, reducing overall costs."
https://www.thomasnet.com/insights/3m-1000-new-products-pledge/
"The recent pledge by 3M to invest billions in product development comes after a year in which the firm launched 169 new products. Its next goal is to accelerate company growth by launching more than 1,000 new products in the coming years.
3M says it will focus on verticals where it already has a presence and can innovate further. These include areas such as industrial automation, energy, electronics, safety, and consumer-facing industries like cleaning and home improvement.
Technology Is Key
New technology will largely support 3M’s strategy. The company says innovation efforts will leverage AI tools, a method company leaders say will fundamentally change how 3M conducts research. Banovetz also recently detailed a "digital materials hub” where 3M employs AI to apply technical information to over 300 product model combinations to predict performance characteristics, reducing overall costs."
https://www.thomasnet.com/insights/3m-1000-new-products-pledge/
Bullish
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