Advertisement
News
Advertisement

3M completes MTI PolyFab acquisition

Fri, 06/11/2010 - 9:10am

Manufacturing conglomerate 3M Co. said Friday it completed the acquisition of MTI PolyFab Inc., a Canadian manufacturer of noise and vibration reduction technology for airplanes.

The $24 million deal was announced in March.

3M said MTI PolyFab products will complement those of its subsidiary Aearo Technologies LLC and will provide a comprehensive range of solutions for the aerospace industry.

Shares of the company rose 39 cents to $77.82 in midday trading.

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading