3M Expands in Nashville, Korea
3M Company on Tuesday announced the formation of a new company in Korea-and the Nashville Area Chamber of Commerce on the same day said that the Maplewood-based company will add a new manufacturing facility in Nashville, Tennessee.
The new Korean venture, 3M AST, Ltd., will expand 3M's capabilities for manufacturing flexible circuits used for mobile hand-held touch-screen panels and displays.
“This new entity expands our offering of flexible circuits and related materials providing new options for customers to achieve finer pitch circuit designs,” Voyl Divljakovic, vice president and general manager of 3M's electronic solutions division, said in a statement. “3M AST's capabilities combined with our expanding portfolio of high-speed copper interconnect products will help us to better serve our customers in the total interconnect market by providing a broader offering of cost effective interconnect solutions.”
In other 3M news, the Nashville Area Chamber of Commerce on Tuesday announced that the company will open a new manufacturing facility in Nashville.
According to the chamber, the new Nashville facility will house work related to the company's coating, film, and nonwoven technologies businesses, and the company will produce products for the health care and home care markets.
The chamber also said that 3M intends to hire 40 people over the course of three years following the opening of its new Nashville facility.
“Nashville is a growing and dynamic city, and 3M's decision to open a manufacturing facility here speaks to our appeal as a location for technology-based companies,” Mayor Karl Dean said in a news release. “This good news is also a sign of our resiliency during these difficult economic times as we have continued to attract new and expanding businesses.”