3M Set To Get Naming Rights on Athletics Buildings

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There are a lot of Minnesotan things out there. The U of M, the Vikings, lakes, Prince, passive aggressiveness and the corporate headquarters of some big time companies. We’re familiar with Target, the sponsor of two sports facilities in Minneapolis, TCF Bank, and US Bank, the rumored front-runner for the naming rights to the new Vikings stadium, but let’s not forget about our friends at 3M.

3M, best known for Scotch tape and Post-It Notes, is apparently coming close to getting their names on a couple athletics buildings on campus. According to Charley Walters of the Pioneer Press, the University of Minnesota is looking for $190 million to improve athletic facilities and 3M looks to become a corporate sponsor in the deal.

For sports nerds, 3M also sponsors the Champions Tour golf event that is held in Blaine, Minnesota every single year.

3M was founded in Two Harbors, Minnesota in 1902 before moving headquarters to Duluth and then to St. Paul where it was headquartered for 52 years. 3M outgrew that campus and now is headquartered in Maplewood. 3M  has 74 manufacturing facilities throughout 27 states and an additional 93 facilities in 32 countries outside of the United States.

As of August 2013, 3M employs 88,000 people. For the 2012 fiscal year, 3M had a net income of $4.3 billion.