3M Invests $58M To Expand Valley, Nebraska Facility

May 2, 2022 1:38 PM | 1 min read |

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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