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...Industry must also re-examine its production processes. Such an approach already has a successful track record. The Minnesota Mining and Manufacturing Co. has cut waste generation in half by using fewer toxic chemicals, separating out wastes that can be reused and substituting alternative raw materials for hazardous substances. 3M's savings last year: an astonishing $420 million. In the Netherlands, Duphar, a large chemical concern, adopted a new manufacturing process that decreased by 95% the amount of waste created in making a pesticide...
Directing OSHA's current policies is Assistant Labor Secretary John Pendergrass, 62, a former 3M industrial hygienist. Pendergrass argues that OSHA's emphasis on encouraging companies to upgrade their record keeping has fostered self-regulation and a new spirit of cooperation between Government and business. "Playing policeman wasn't working," Pendergrass says. "We are nonconfrontational. We can't be the safety director at every plant." Since 1980, he asserts, 1.5 million safety hazards have been eradicated in America's 7 million workplaces. Indeed, Labor Department statistics suggest that workplace safety has improved substantially since OSHA was created...
Price too has inhibited the spread of the discs. Computer CD drives cost about $800, and software publishers are charging up to $50,000 for CD versions of especially valuable data. But strangely enough, audio CDs may be coming to the rescue. Says David Davies of Minnesota's 3M company, which produces about half of the world's compact discs for computers: "Without the CD music market, data CDs would not exist. The hardware would be too expensive." The intense competition to produce music CDs, he explains, will spill over to the CD data field, forcing down the costs...
Acrophobia set in at about 1:45 p.m., when sell orders began flitting through the exchange's super-DOT computer circuits in bunches of 1,000 to 2,000 shares each. Among the hardest-hit blue-chip stocks were 3M, which fell 7 1/4, to 126 3/4; Du Pont, which dropped 4, to 95; and Philip Morris, down 1 1/2, to 81. Some traders attributed the rout to the news of a statement by Federal Reserve Chairman Paul Volcker that a legislative stalemate on banking deregulation could endanger the U.S. banking system...
...jointly financed long-term research conducted at an Austin center on such subjects as artificial intelligence and the making of silicon microchips. The original MCC roster was an honor roll of technological titans, including Digital Equipment, Advanced Micro Devices, Honeywell and National Semiconductor. Subsequently other respected firms, including 3M and Boeing, joined, and the current membership numbers...