May 8: Inge Thulin officially succeeds George Buckley as chairman and CEO at 3M's annual meeting.
June 21: 3M agrees to buy the business of Federal Signal Technologies Group from Federal Signal Corp. for $110 million.
Sept. 26: 3M announces it will build a $150 million research facility at its Maplewood campus.
Oct. 1: 3M announces it will acquire Ceradyne Inc., a California-based advanced ceramics company, for $860 million.
Oct. 3: 3M announces it will reorganize its major businesses into five divisions instead of six. 3M also terminates a $550 million deal for Avery's office products division, first announced in January, after federal regulators threatened to block the deal.
![Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.](https://arc.stimg.co/startribunemedia/NH2BSHB74ND2V6GF2G2HI5X4MM.jpg?&w=252&ar=3:2&fit=crop)
