Industrial segment sales fell 4.3 percent for the diversified manufacturer.
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The $1 billion acquisition complements company's core filtration technologies platform.
Portfolio management, investment in innovation, business transformation fuel record year.
Diversified manufacturer also posts 4Q sales increase of 2 percent.
Industrial sales for the diversified manufacturer increased 3 percent.
Slow but steady economic improvement raise expectations for more mergers and acquisitions for the rest of 2014.
Year-to-date sales up 3.8 percent year-over-year.
3M will acquire Sumitomo Electric Industries' 25 percent stake in the joint venture.
Organic sales up 4.6 percent in first quarter.
3M to buy provider of data analytics to healthcare payers and providers.
Industrial segment sales increased 5.8 percent in the fourth quarter, the highest-growth segment.
Organic local-currency sales grew 5.8 percent.
TaKaDu is a provider of advanced analytics services to monitor water networks.
CEO: Bigger acquisitions with the potential for broader leverage can be expected.
Sales for 3M's industrial business grew 6.6 percent in the quarter.
Organic sales grew 2.3 percent in the U.S.
Organic local-currency sales increased 4.3 percent.
Many distributors dont have enough debt, author Brent Grover says.
3M is building a new laboratory to house 700 scientists, to open in early 2015.