3M CEO Says Closed 16 Manufacturing Sites, Distribution Centers YTD; Taking Action On 10 More Over Next 12 Months

3M's CEO announced the closure of 16 manufacturing sites and distribution centers year-to-date, with plans to take action on an additional 10 sites over the next 12 months. This strategic move is part of the company's efforts to streamline operations and improve efficiency. The announcement was made during a recent conference call.