3M Has Made And Sold More Than 300M Friction Shims Worldwide
Portfolio Pulse from Benzinga Newsdesk
3M has announced that it has manufactured and sold over 300 million Friction Shims globally. These shims are used in various demanding applications, including automotive, wind energy, and aerospace, to enhance load and torque in bolted connections.
September 04, 2024 | 2:11 pm
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3M has produced and sold over 300 million Friction Shims, which are used in critical industries like automotive, wind energy, and aerospace. This milestone highlights 3M's innovation and market reach.
The announcement of selling over 300 million Friction Shims indicates strong demand and market penetration in key industries. This could positively impact 3M's revenue and market perception, leading to a potential short-term stock price increase.
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