3M Partners With Ford to Sextuple Respirators, Aims to Double N95 Mask Production From Previous Target
3M (NYSE: MMM) is increasing its N95 mask production capacity at a heady pace as the COVID-19 coronavirus pandemic continues to spread. At the same time, 3M has also partnered with automaker Ford (NYSE: F) to boost production of 3M's Powered Air-Purifying Respirators (PAPRs) by six-fold in the coming weeks.
N95 masks are a common particulate-filtering face respirator mask, which filters out 95% of airborne particles. Demand for the mask has blown through the roof after the coronavirus outbreak, leading to a severe global shortage. 3M is a leading N95 respirator manufacturer, with production facilities in the U.S., Europe, Asia (particularly China), and Latin America.
Some weeks ago, 3M contracted with the U.S. government to increase production of N95 masks, aiming to:
Source Fool.com
