NEW YORK Feb 27 The chief executive of
diversified manufacturer 3M Co (MMM.N) called U.S. President
Barack Obama anti-business in an interview with the Financial
Times, arguing that manufacturers could move to Canada or
Mexico as a result.
"We know what his instincts are -- they are Robin
Hood-esque," 3M CEO George Buckley told the paper. "He is
Obama is working to shed the reputation that he is against
the business community. Earlier this month, he assembled a
group of top U.S. executives, chaired by General Electric Co
(GE.N) Chief Executive Jeffrey Immelt, to advise him on
He also brought on JPMorgan Chase executive William Daley
as his chief of staff and made a high profile speech to the
Chamber of Commerce, a business lobby, earlier this year.
But Buckley said he was not yet convinced by Obama's
"Politicians forget that business has choice. We're not
indentured servants and we will do business where it's good and
friendly. If it's hostile, incrementally, things will slip
away. We've got a real choice between manufacturing in Canada
and Mexico -- which tend to be pro-business -- or America," he
told the Financial Times.
A 3M spokesman could not immediately be reached for
(Reporting by Michael Erman; Editing by Bernard Orr)