3M CEO Sees an Opportunity 'to Make Acquisitions'

The video discusses 3M's approach to capital allocation, emphasizing organic growth through R&D and capital investment. It highlights opportunities in the automotive industry, particularly in electrification and material science. The company also focuses on strategic acquisitions, like Acelity, to enhance synergies and growth. The portfolio management strategy involves rigorous evaluation to maximize value and optimize investments.

What is the first priority for the company in terms of capital allocation?

How does the company create value for its customers?

What opportunities does the company see in the automotive industry despite challenges?

What is the significance of the recent acquisition of Acelity KCI for the company?

How does the company approach its portfolio management and acquisitions?