3M China Expands Shanghai Plants To Increase Medical-Device Presence
This article was originally published in PharmAsia News
Executive Summary
3M company's Chinese unit, 3M China, opened a pair of facilities in China aimed at giving it a local supply chain for the medical devices it hopes to sell in the growing Chinese market. 3M China says it is investing $102.5 million in changing over the two plants in Shanghai. Its Asia Pacific Production Facility for Medical Devices plant, already 3M's largest in the Asia-Pacific region, is being expanded. 3M expects the plant to produce 40 percent for sale in China, the rest exported to other countries in Asia. (Click here for more