3M JOINS U.S.-UKRAINE BUSINESS COUNCIL
(USUBC), MEMBER NUMBER 88
U.S.-Ukraine Business Council (USUBC)
Washington, D.C., Monday, August 11, 2008
WASHINGTON, D.C. - The executive committee of the U.S.-Ukraine Business
Council (USUBC), on behalf of the entire membership, is most pleased to
announce that 3M has been approved for USUBC membership. 3M is USUBC
member number 88 (www.usubc.org).
3M IS KNOWN FOR ITS INNOVATION
3M is headquartered in St. Paul, MN and is a global, diversified technology
company. 3M is best known for its culture of innovation, which produces
thousands of imaginative products that are leaders in scores of markets - from manufacturing, energy, health care and highway safety to office products and optical films for LCD displays.
For more than 100 years, people around the world have looked to 3M for
products and ideas that solve problems and make their lives easier and better. With more than 55,000 products, 40-plus core technologies and leadership in major markets served worldwide, 3M continues to develop ingenious solutions to meet customers' needs.
3M BRANDS ARE HOUSEHOLD NAMES
The 3M brand is recognized and trusted around the globe. Household names
like NexcareT, Post-it®, Scotch®, Scotch-Brite®, and ScotchgardT are market leaders.
3M IS AN INTERNATIONAL COMPANY
3M has on-the-ground operations in more than 60 countries including Ukraine. Over half of these subsidiaries possess manufacturing operations.
Approximately 35 subsidiaries have an in-country laboratory to support local
innovation for their customers' needs. 3M employs 7,000 researchers
worldwide; 3,900 in the United States.
In 2007 3M's worldwide sales were $24.5 billion, international sales were
$15.5 billion (63 percent of company's total). 3M has sales in over 200
countries and has more than 75,000 employees worldwide. 3M employs
mostly local nationals. George W. Buckley is Chairman, President and Chief
Executive Officer of 3M.
CHERYL INGSTAD HEADS UP 3M IN UKRAINE
Cheryl Ingstad is the new Managing Director of 3M business operations in
Ukraine. She assumed her new position in May. Cheryl was previously the
Business Development Manager in the 3M Government Markets office,
Washington, D.C.
3M Ukraine is expanding its business by constantly broadening its product
offering and by moving more personnel into the regions. In Ukraine, 3M has
significant business in the safety, dental, medical, industrial, electronics,
communications, consumer and office sectors.
Some examples of 3M's business in Ukraine are specialty tapes for the
automotive industry, respirators for workers in factories and mines,
reflective materials for roads, bandages and casts for clinics/hospitals,
liquid filtration for beverage and pharmaceutical manufacturers, abrasives
for furniture and industrial manufacturers, coatings for pipelines, protective
materials for electrical cables in power generation and transmission systems,
cleaning products for consumers and stationery products for offices.
3M Ukraine is in the process of opening a new Mining & Metallurgy Market
Center to bring all solutions from 3M's world-renown technologies that apply
to the special needs of customers in the Mining and Metallurgy sectors.
3M DONATES SUPPLIES FOR FLOOD ASSISTANCE
3M is donating several thousand dollars worth of cleaning supplies and personal protective materials, such as abrasive pads, sponges, wipes, gloves, respirators, protective clothing and hearing protection for the Western Ukraine flood disaster assistance program. USUBC is a member of a coalition that has created the Ukraine Disaster Assistance Fund to accept donations for Western Ukraine flood cleanup and rebuilding, (http://www.usubc.org/news/ukraine_disaster_assistance.php).
3M ORGANIZED INTO SIX BUSINESSES
3M has more than 35 business units, which are organized into six businesses:
(1) Consumer and Office; (2) Display and Graphics; (3) Electro and
Communications; (4) Health Care; (5) Industrial and Transportation (6) Safety, Security and Protection Services
3M IS A LEADER IN SOLUTIONS FOR INDUSTRY
In the area of tapes, adhesives, abrasives, specialty films, worker/facility
safety, air and liquid filtration, 3M has thousands of solutions to offer.
3M products can be found in factories, offices, schools and hospitals around
the world, helping to protect workers and increase their efficiency.
For more information about 3M click on: www.mmm.com or
http://solutions.3m.com/wps/portal/3M/ru_UA/Worldwide/WW/
(in Ukrainian).
"The U.S.-Ukraine Business Council (USUBC) is most pleased to have 3M
join the rapidly expanding USUBC membership." said Morgan Williams,
SigmaBleyzer, who serves as President of USUBC.
MEMBERSHIP IN USUBC KEEPS GROWING
3M is the 37th new member for 2008, and the 67th new member since January of 2007. USUBC membership has quadrupled in the past 20 months, going from 22 members in January of 2007 to 88 members in July of 2008. Membership is expected to top 100 very soon.
The other new members in 2008 are MaxWell USA, Baker and McKenzie
law firm, Och-Ziff Capital Management Group, Dipol Chemical International,
MJA Asset Management, General Dynamics, Lockheed Martin, Halliburton,
DLA Piper law firm, EPAM Systems, DHL International Ukraine, Air Tractor,
Inc., Magisters law firm, Ernst & Young, Umbra LLC., US PolyTech LLC,
Vision TV LLC, Crumpton Group, American Express Bank, a Standard
Chartered group company, TNK-BP Commerce LLC, Rakotis, American
Councils for International Education, Squire, Sanders & Dempsey LLP,
International Commerce Corporation, IMTC-MEI, Nationwide Equipment
Company, First International Resources, the Doheny Global Group, Foyil
Securities, KPMG, Asters law firm, Solid Team LLC, R & J Trading
International, Vasil Kisil & Partners law firm, AeroSvit Ukrainian Airlines,
ContourGlobal, Winner Imports LLC (Ford, Jaguar, Land Rover, Volvo,
Porsche), and 3M.
The complete USUBC membership list and other information about USUBC
can be found at: http://www.usubc.org.
BUSINESS INVESTMENT DRIVES UKRAINE'S INTEGRATION
Ukraine's Euro-Atlantic integration is first and foremost today being driven
by the private business community in Ukraine, Europe, and the United States.
"Ukraine's aspirations for Euro-Atlantic integration, to be a major member of
the world's community of strong, democratic, independent, prosperous, private business sector driven nations, will be realized largely through the present leadership and investments from the business community and then hopefully with some real support later from the politicians and government leaders," wrote Morgan Williams, SigmaBleyzer, who serves as President of USUBC, in a recent article published by the "Welcome to Ukraine" magazine.