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Business has annual global sales of about $45 million
January 2, 2015
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
3M announced that it has completed the sale of its global Static Control business to Desco Industries Inc. Terms of the transaction were not disclosed. 3M’s Static Control business, which has annual global sales of about $45 million, is a provider of products and solutions that help prevent, detect, and protect against electrostatic discharge. 3M made the decision to exit the Static Control business as a result of a thorough strategic review.
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