Thursday, April 14, 2011

3M Company (NYSE:MMM) To Open New Plant

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3M Company (NYSE:MMM) has decided to open a new manufacturing plant in Nashville. 3M Company (NYSE:MMM) To Open New Plant Minnesota-based 3M Company (NYSE:MMM) has announced that it will open a new plant in Nashville to manufacture a line of health-care and home-care products. This plant will also provide employment for about 40 people in the region. Nashville Mayor Karl Dean said, "Nashville is a growing and dynamic city, and 3M Company (NYSE:MMM)'s decision to open a manufacturing facility here speaks to our appeal as a location for technology-based companies." 3M Company (NYSE:MMM) shares were at 92.86 at the end of the last day’s trading. There’s been a 5.3% change in the stock price over the past 3 months. 3M Company (NYSE:MMM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.56 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.63 Zack’s Rank: 6 out of 27 in the industry



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