) has recently made substantial investments in the Asia-Pacific
region to support the film business with the scale-up of
world-class manufacturing facilities in China and Singapore.
The renewable energy division of 3M offers a robust portfolio of
new and existing products with combined expertise in coatings,
film, tape, adhesive and optical technologies. In order to meet
the increased market demand, 3M has expanded its global
manufacturing capabilities for renewable energy division products
on several occasions.
The two manufacturing facilities aim to cater to the growing
demand of automotive, residential and commercial window films in
the Asia-Pacific region. 3M continue to make substantial
investments in research and development along with plant
investments. The R&D facilities of 3M work closely with
national laboratories to develop and refine its energy
conservation and generation, along with sustainable technologies
3M remains focused on inventing new products to maintain its
competitive advantage worldwide. The company continues to invest
in diverse product offerings and technological solutions to
capitalize on emerging business propositions.
3M, together with its subsidiaries, operates as a diversified
technology company with manufacturing operations spread over 70
countries. The company aims to deliver innovative security
solutions to businesses and governments worldwide, thus
maintaining the security of people and documents.
3M currently has a Zacks Rank #3 (Buy). Other stocks that look
promising and are worth a look now are
), carrying a Zacks Rank #1 (Strong Buy),
Hutchison Whampoa Limited
Tyco International Ltd
), both of which carry a Zacks Rank #2 (Buy).
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3M CO (MMM): Free Stock Analysis Report
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