Wednesday, December 15, 2004

3M Dedicates Part Of Annual Sales To Grow Boating Fund

by Dan Green, NMMA Staff
Page(s): 1
(Dec. 13, 2004 - CHICAGO,IL)... The Grow Boating Initiative received a significant boost today, as 3M Marine announced that it will be dedicating a percentage of its annual sales to NMMA boat manufacturer members to the campaign.

"A half percentage point of all our sales to NMMA boat manufacturer members will be earmarked for the funds and distributed to NMMA at the end of the calendar year," says Joseph E. Parks, business manager for 3M’s marine business.

The contribution is the first annual commitment made to the Initiative. Their annual contributions will help cover costs for the estimated $10 to $15 million that will be needed to fund the annual Grow Boating campaign.

3M is a diversified manufacturer of over 60,000 products, and represents a wide range of products to the marine market, including surface finishing, masking and protecting, all elements of safety and respiratory health, adhesives, chemicals and more.

3M’s decision to contribute to the Initiative was made after Parks attended, and was impressed by a presentation on Grow Boating made by NMMA president Thom Dammrich at IBEX.

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