The final four products were 3M’s Scotch Magic Tape, Red Wing Shoes’ Beckman Boot, Action Manufacturing’s Action Trackchair and Midwest Floating Island’s Innovative National Aquarium Wet Land.
This first allowed 3M to make a name for itself with its Scotch magnetic (reel-to-reel) tape, followed by 3M moving into the floppy disk market by 1973. Over the years following this introduction ...
The Scotch Tape maker also announced it was reviewing its portfolio and had initiated a sale process for "a few small businesses". However, shares of 3M, which had initially risen after the upbeat ...