- 3M Co MMM plans to expand its plant in Valley, Nebraska, in its effort to develop the production of respiratory and hearing protection products.
- MMM is investing ~$58 million to fund the 80,000 square foot expansion that will create around 50 new jobs at the facility, which employs about 560 people.
- The expansion will include new production lines, equipment, and a warehouse.
- 3M intends to invest in additional production capacity for reusable elastomeric respirators and PELTOR hearing protection products in its Personal Safety Division.
- 3M has partnered with the state of Nebraska through the ImagiNE Nebraska Program.
- Price Action: MMM shares are trading higher by 0.69% at $145.22 on the last check Monday.
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