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In 2008, 3M created the Renewable Energy Division within 3M's Industrial and Transportation Business to focus on Energy Generation and Energy Management. [ 87 ] [ 88 ] In late 2010, the state of Minnesota sued 3M for $5 billion in punitive damages, claiming they released PFCs —classified a toxic chemical by the EPA—into local waterways. [ 89 ]
In addition, 3M spun off its healthcare business, Solventum-- a move that will result in about $7.7 billion in cash payments to 3M. The company also retains a 19.9% stake in Solventum (currently ...
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Target is the only national retailer employing a Garment Hanger reuse program, which keeps millions of pounds of metal and plastic out of landfills. In 2007, this program prevented 434 million hangers from entering landfills. [108]
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