InvestorsHub Logo

jbog

05/12/24 1:10 PM

#29308 RE: DewDiligence #29307

Dew,

Historically, 3M has been the leader in providing its industrial companies goods which allowed for great productivity for the customer. On the other side they were always allowed to charge a hefty premium for their products. They built their products by science.

Today, it seems like they have greatly cut back on research because I can't remember the last new product they released. Over the years Saint-Gobain and Henkle have seemed to catch up with the productivity products and charge substantially less. No reason to pay 3M's high price in many fields.