ST. PAUL, Minn.--(BUSINESS WIRE)--3M announced today that it has acquired Standard Abrasives, a
manufacturer of coated abrasive specialties and non-woven abrasive
products for the metalworking industry. Terms of the transaction were
The addition of Standard Abrasives further enhances 3M’s
ability to bring high value solutions to customers in the metalworking
industry around the world. “With this
acquisition we are joining two great abrasive companies and brands, both
of us successful, and both of us with proud histories of innovation that
are now coming together to drive towards a very bright future,”
said Chris Holmes, vice president and general manager, 3M Abrasive
3M Abrasive Systems Division is 3M’s “heritage
business,” upon which the company was founded
in 1902. 3M's brands are recognized around the world, making the company
a leading abrasives supplier to manufacturers of medical, electronics,
aerospace, automotive and thousands of other products. 3M abrasive
technologies and brands, including Cubitron, Scotch-Brite, and Trizact,
mean customers can trust 3M to provide quality, innovative products and
solutions for virtually every purpose – from
grinding to polishing.
Complementary acquisitions such as this support both 3M’s
core business and growth strategy to expand into additional markets.
Standard Abrasives employs approximately 375 people and is headquartered
in Simi Valley, Calif.
About Standard Abrasives
Since 1959, Standard Abrasives has delivered creative solutions to the
metalworking market by designing and manufacturing a wide variety of
coated abrasive specialties and non-woven abrasives.
About 3M - A Global, Diversified Technology Company
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