COVID Stimulus Watch Individual Entry
Recipient Company:
3M PURIFICATION INC.
Contract Amount:
$103,846
Recipient Details
Ownership Structure: publicly traded (ticker symbol MMM)
Facility Street Address: 400 RESEARCH PKWY
Facility City: MERIDEN
Facility State: CT
Facility Zip Code: 64507172
Facility Congressional District: CT-5
Facility NAICS Code: 325992 : Photographic Film, Paper, Plate, and Chemical Manufacturing
Award Details
Award Date: Mar 5, 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: FILM, PROCESSED
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-related Penalties: $21,949,213
Government-contracting-related Penalties: $9,100,000
Environmental / Healthcare / Safety Penalties: $891,265,612
Consumer Protection / Financial / Competition-related Penalties: $480,000
Ratio of CEO Pay to that of Median Worker: 319 to 1
CEO Compensation: $18,321,566
Worker Median Pay: $57,494
Total Federal, State, and Local Subsidies: $133,398,440
Federal Corporate Income Tax Rate: 17.8%
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