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Industry Update

3M, the world's largest maker of respirator masks, said Friday it is willing to comply with President Trump's order to manufacture and supply more critically needed N95 masks for the United States. But 3M cautioned about being forced to halt exports of those masks to other parts of the world. A day after Trump invoked the Defense Production Act (DPA) to order 3M to significantly ramp up production of N95 respirators, 3M said in a statement that "3M and its employees have gone above and beyond to manufacture as many N95 respirators as possible for the US market."

Source:https://edition.cnn.com/2020/04/03/business/3m-defense-production-act-response/index.html