3M Acquires ABRASIVOS S.A.- Acquisition Expands 3M's Coated Abrasives abrasives Sharp, hard materials used to wear away the surface of softer, less resistant materials. Abrasives are indispensable to the manufacture of the highly precise components and ultrasmooth surfaces required in the manufacture of automobiles, airplanes and space Offering in Peru - ST. PAUL St. Paul as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26] See : Bravery , Minn. -- 3M announced today that it has acquired ABRASIVOS S.A., a manufacturer of coated abrasives in Peru. Terms of the transaction were not disclosed. ABRASIVOS brings its full range of coated abrasives - sold under the ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and brand - cloth and paper backings to 3M's broad line of abrasives technologies and products. With more than 40 years of experience in all phases of coated abrasives production and converting, ABRASIVOS also brings its technical know-how know-how n. The knowledge and skill required to do something correctly. See Synonyms at art1. know-how Noun Informal the ability to do something that is difficult or technical and manufacturing processes. "ABRASIVOS' well-known brand complements 3M's abrasives technologies and established brands," said Chris Holmes, division vice president, 3M Abrasive abrasive, material used to grind, smooth, cut, or polish another substance. Natural abrasives include sand, pumice, corundum, and ground quartz. Carborundum (silicon carbide) and alumina (aluminum oxide) are important synthetically produced abrasives. Systems Division. "Investing in a local company from the industrial sector expands our product portfolio and will allow us to better support our customers in Peru," added Miguel Rios, regional managing director, 3M Peru. 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 include Cubitron, Scotch-Brite, and Trizact for cutting and grinding grinding, process by which surface material is removed from an object, usually metal, by the abrasive action of a rotating wheel or a moving belt that contains abrasive grains. to finishing and polishing finishing and polishing, n the removal of excess restoration material from the margins and contours of a restoration, and polishing of the restoration. . "3M's technology, expertise and global reach combined with our already strong brand and reputation will continue to build our business," said Luis Roca, general manager, ABRASIVOS. Complementary acquisitions such as this support both 3M's core business and growth strategy to expand into additional regions. ABRASIVOS employs approximately 140 people and is headquartered in Lima. About ABRASIVOS S.A. ABRASIVOS S.A. was founded in 1963 in Lima, Peru and develops advanced technology products with high quality standards prevalent in the American market. Since its founding, ABRASIVOS has been the leader in the manufacture of coated abrasives in Peru, supplying the Peruvian market with a large variety of abrasive tools and related specialties and services. ABRASIVOS exports specialty products to North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. converters and private label products for South American markets. ABRASIVOS has 45 years experience in all phases of coated abrasives production and converting, and constantly participates in advanced research programs. About 3M A recognized leader in research and development, 3M produces thousands of innovative products for dozens of diverse markets. 3M's core strength is applying its more than 40 distinct technology platforms - often in combination - to a wide array of customer needs. With $24 billion in sales, 3M employs 79,000 people worldwide and has operations in more than 60 countries. For more information, visit www.3M.com. |
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