3M Mining Project Proposal

Executive Summary and Conclusions The proposed 3M mining project will bring measurable benefits to the Shasta County economy. It will also provide much needed income for Shasta County and its complex cities and schools. Economic activity is strengthened by construction, maintenance, expenses, taxes, capital expenditure and daily general business expenses. Expenditure on the mine under construction greatly increases the temporary economy of Shasta County and annual operating expenses will have economic and financial implications in the future.

3M, a formerly known Minnesota Mining and Manufacturing Company, is a diversified global company with markets in markets such as health care, security, electronics, telecommunications, industry, consumer and office. 3M is a comprehensive enterprise featuring numerous companies in research, manufacturing and marketing products. 3M, stock symbol MMM was founded in 1929 and first listed on the New York Stock Exchange in 1946. Currently, 3M has more than 40 business units and is organized in seven business units: display and graphics of transportation, healthcare, industry, consumer and office, electronic communication, security, and finally security and protection service. 3M operates in more than 60 countries. It has "29 international companies and 32 laboratories in the manufacturing industry" (http://www.3m.com). In the United States 3M operates in 24 states.

3M has been open for 100 years. In 1902, five young entrepreneurs established a mining company and manufacturing company in Minnesota State. However, they found that the deposits they were planning to mined were useless, so they had to "rethink". They took care to buy the necessary minerals to make sandpaper, their ingenuity and business won the company's success, and the foundation of the entrepreneurial spirit that has shaped the company so far I built it. Innovative organizations can identify market opportunities and respond to them. After identifying the needs of consumers, they will develop appropriate products such as Post-it®Note. Product development includes various processes ranging from completion of the original design concept to provision of final sellable products.