ST. PAUL, Minn.-3M today announced its intent to build a new facility in Singapore to produce coatings for film-based products used in commercial, electronic and automotive applications. By establishing a local film coating center of excellence, the facility will help the company better serve the Asia market and support efforts to accelerate growth.
"This investment brings us closer to our customers and creates a regional source of supply, which significantly simplifies our supply chain and helps us respond more quickly to our customers' needs in the fast-growing Asia market," said Kevin Kuck, vice president, 3M film manufacturing.
Construction on the new facility, which will be located in the Tuas Industrial Park, will begin in the second quarter of this year and is expected to be completed in 2009. 3M operations already in Singapore include a customer innovation center and the 3M Woodlands facility, which manufactures flex circuits and electronic adhesives.
About 3M
A recognized leader in research and development, 3M produces thousands of innovative products for dozens of diverse markets. 3M's core strength is applying its more than 40 distinct technology platforms - often in combination - to a wide array of customer needs. With $24 billion in sales, 3M employs 75,000 people worldwide and has operations in more than 60 countries. For more information, visit www.3M.com.
Company Information: Name: 3M Co., Corporate Marketing & Public Affairs Address: Product Information Center, 3M Center, Bldg. 304-01-01 City: St. Paul, State: MN ZIP: 55144 1000 Country: USA Phone: 800-567-1639 FAX: 651-737-7117 http://www.mmm.com
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