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FT Archives

3M Acquires Diamond Productions - Posted 6/6/07

June 6, 2007

3M has acquired Diamond Productions Inc., a manufacturer of superabrasive diamond and CBN (cubic boron nitride) wheels and tools for dimensioning and finishing hard-to-grind materials in metalworking, woodworking and stone fabrication markets. Terms of the transaction were not disclosed.

Diamond Productions Inc. (DPI) reportedly brings industrial metalworking strengths as well as new applications for stone processing to 3M’s strong offering of grinding and finishing tools for the industrial and commercial markets. The combination of 3M and DPI expands the capabilities for dimensioning hard-to-grind materials to include stone, marble and concrete. The addition of DPI’s metal, resin and vitrified superabrasives enhances 3M’s cutting and grinding capabilities for such things as kitchen countertops, monuments and structural granite as well as difficult to grind carbides, ceramics and glass.

For more information, call 651-733-8206 or visit www.mmm.com.

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