How 3M reels in the profits.

The article offers information on the strategies of Minnesota Mining & Manufacturing (3M), a company that stresses on research and development (R&D), and strict finance controls. It states that 3M employs more than 2000 scientists and engineers and spends 4.5 percent of its sales on R&D for new products that are patentable and consumable. Bert S. Cross, 3M chairman and chief executive officer, claims that expanding technology is the company's key to growth.