3M Industry Analysis

Industry Analysis 56 KO I50 3M is classified as a diversified industrial conglomerate. The company's portfolio of vastly differentiated products and services means it operates in multiple industries against a large number of smaller competitors. However, if viewed as a conglomerate only, its closest competitors (for valuation purposes) are General Electric (GE) and Johnson and Johnson (JNJ). Key Players in Business Segments Consumer and Office Pitney Bowes Inc. (PBI) Société Bic (EPA:BB) Pitney Bowes is a hardware manufacturer, which also provides packaging and delivery services. Headquartered in Stamford, Connecticut, the company has a worldwide workforce of 28,000. Last year, the company posted revenues of $4.9 billion, down 4.3% from 2011 sales of $5.1 billion. Its sales have fallen at a compound annual growth rate of 4.77% over 2008-2012. Société Bic was founded in 1945 by Baron Marcel Bich, and has achieved recognition over the years for its lighters, magnets, ballpoint pens, shaving razors and printed paper products. The company recorded sales of $2.1 billion in 2012, having grown at a compound annual growth rate of 6% over the five years through 2012. International Paper Corporation (IP) IP is a leader in the paper and packaging industry, with production facilities spread over North America, Europe, Latin America, Asia and North Africa. It employs nearly 61,500 individuals, and is headquartered in Memphis, Tennessee. Last year, the company posted sales of $26 billion, which were 7% higher over the preceding year. It grew at an compound annual growth rate of 2.3% over the five years through 2012. Healthcare BD Becton, Dickinson Company (BD) BD is a technology company that specializes in medical supplies and lab equipment. It sells its products to institutions and hospitals, clinical laboratories, and the general public. The company is based in Franklin Lakes, New Jersey, and employs around 30,000 workers through its operations in 50 countries. Last year, the company posted sales of $7.7 billion, up from $7.5 billion in 2011. The company had grown at a compound annual growth rate of 1.7% over the preceding five years. Baxter Baxter International Inc. (BAX) products that help cure illnesses like hemophilia, immune disorders, infectious diseases, kidney diseases, trauma, and other chronic and acute medical conditions. It employs 51,000 individuals, of which nearly 60% are employed outside the US. Last year, the Baxter International manufactures and markets company posted sales of $14.2 billion, having grown at a compound annual grwoth rate of 3.7% over 2008-12. Home Improvement STANLEY Stanley Black & Decker, Inc. (SWK) Stanley Black & Decker is a Fortune 500 company that specializes in industrial tools and hardware used in residential property. It also provides security services. It was formed from the merger of Stanley Company and Black and Decker, and is currently based out of New Britain, Connecticut. It recorded revenues of $10.2 billion for 2012. Stanley Black & Decker has been the fastest-growing company in the home improvement segment, with a five-year CAGR of 18% through 2012. MOHAWK Mohawk Industries (MHK) Based out of Calhoun, Georgia, Mohawk manufactures floor covering products in North America and Europe. The company's portfolio consists of soft and hard flooring products (including ceramic tiles, natural stone and hardwood flooring), and lamination. The company employs 32,500 workers through its operations in Australia, Brazil, Canada, China, Europe, India, Malaysia, Mexico, Russia and the US. Its sales in 2012 totaled $5.8 billion, having fallen at a compound annual rate of 3.5% since 2008. MASCO Masco Corp. (MAS) Masco Corporation provides home improvement products, and materials and insulation used in home construction. It has 60 manufacturing facilities in the US, and 20 in other countries. In 2012, the company reported worldwide sales of $7.7 billion, which had fallen at a compound annual rate of 4.11% from $9.5 billion in 2008. BIDNESS SOURCES: etc. Company Data, SEC filings, Bloomberg Professional Services Bidness Etc(TM) and related marks are owned by Bidness Etc. Any other trademarks appearing on this website are the property of their respective owners, and are not used to indicate the origin of goods or services offered or provided by Bidness Etc herein or to suggest approval for or affiliation with Bidness Etc. DISCLAIMER: ww.