COVID Stimulus Watch Individual Entry

Recipient Company:
3M COMPANY
Contract Amount:
$6,240

Recipient Details

Ownership Structure: publicly traded (ticker symbol MMM)
Facility Street Address: 3M CENTER
Facility City: SAINT PAUL
Facility State: MN
Facility Zip Code: 551441001
Facility Congressional District: MN-4
Facility NAICS Code: 518210 : Data Processing, Hosting, and Related Services

Award Details

Award Date: Sep 28, 2020
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: IT AND TELECOM- INTEGRATED HARDWARE/SOFTWARE/SERVICES SOLUTIONS, PREDOMINANTLY SERVICES
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Defense Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca

Parent Company Data

Parent Company: 3M Company
Headquartered in: Minnesota
Parent Sector: miscellaneous manufacturing
Parent Industry: diversified
Employees (prior to pandemic): 96,163

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $21,949,213
Contracting icon
Government-contracting-related Penalties: $9,100,000
Environment icon
Environmental / Healthcare / Safety Penalties: $891,265,612
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $480,000
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 319 to 1
CEO Compensation: $18,321,566
Worker Median Pay: $57,494
Tax icon
Total Federal, State, and Local Subsidies: $133,398,440
Federal Corporate Income Tax Rate: 17.8%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources