1108 ET - 3M says is entering a deeper phase of transformation focused on creating value over the long-term. "We're beginning to shift our emphasis to the next phase of value creation, which is more transformational in nature," CEO Bill Brown says in an earnings call. He says that this will be done by reengineering the company's structural cost-base by simplifying operations, standardizing processes, and adopting an AI-first mindset as 3M shifts toward a fully integrated operating model. He says 3M is also taking proactive steps to reduce risk and manage litigation efficiently, acting when protections and pricing are appropriate. After this phase, he says that 3M will "pivot... towards higher growth and margin potential priority verticals that help us accelerate value creation for the company." (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

January 20, 2026 11:08 ET (16:08 GMT)

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