3M Invests in Asia Pacific Region - Analyst Blog
November 05 2013 - 3:00PM
Zacks
Diversified conglomerate 3M
Company (MMM) 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 and platforms.
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 Marubeni Corporation (MARUY), carrying a Zacks
Rank #1 (Strong Buy), Hutchison Whampoa Limited
(HUWHY) and Tyco International Ltd (TYC), both of
which carry a Zacks Rank #2 (Buy).
HUTCHINSON WHAM (HUWHY): Get Free Report
MARUBENI CORP (MARUY): Get Free Report
3M CO (MMM): Free Stock Analysis Report
TYCO INTL LTD (TYC): Free Stock Analysis Report
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