3M has created a corporate research laboratory to promote science and technology development, while also aligning part of its existing technology center resources to accelerate growth of its seven market-focused businesses.
The Minneapolis-St. Paul components and materials supplier said there would be no direct impact on overall research and development staffing levels or on the company's more than $1 billion in annual R&D and related expenditures.
Of 3M's 6,500 technical employees, 400 currently working in corporate technology centers will join the business R&D organizations. The remaining 500 technology center employees will become part of the research laboratory that focuses on advanced materials, processes and systems. The changes take effect October 1.
"Developing innovative technologies and matching them to customer needs is what 3M has always done best and it remains our primary growth engine," said James McNerney Jr., chairman and chief executive, in a statement. "By bringing more of our technical people into 3M businesses, we are strengthening our ability to commercialize new products, now and well into the future," he said.