1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

3M Saudi Arabia Expands Geographical Presence in the Country

• The Jeddah office further strengthens 3M’s expansion initiatives across the region

 
 
3M Launch
3M Launch
PRLog - Dec. 4, 2012 - Jeddah, KSA –December 4, 2012: 3M Saudi Arabia, a recognized leader in research and development today announced the opening of a fully operational office in the city of Jeddah, Saudi Arabia in line with 3M MEA extensive growth plans for the Middle East and Africa region. The new local facility was inaugurated by Osama Hammoudeh, Managing Director, 3M Saudi Arabia.

The opening of this facility reaffirms 3M’s commitment to deliver the required technical and scientific training and support to the Saudi Arabian customers, and is an effort to establish a local presence in western region which represents a key growth opportunity for all players in the market. Speaking on the occasion, Osama Hammoudeh, Managing Director, 3M Saudi Arabia said, “This announcement marks the expansion of our operations in the region and is a reflection of the increasing acceptance of 3M technologies, reinforcing our overall growth in the Middle East and globally. Saudi Arabia is one of 3M’s strategic markets in the Middle East and Africa region, and the expansion is a manifestation of our commitment towards the Saudi end users of our technologies and products.”

“We are proud of our presence in KSA and the decision to move ahead with the Saudi expansion phase is a viable stepping stone for 3M’s foray into the Saudi market, given its dynamic economy ripe with vast opportunities,” he further added.

3M Saudi Arabia’s new branch in Jeddah will serve as the scientific arm complimenting the research endeavors of the key 3M business unit portfolios, as recently announced during the realignment of its major business groups, to better serve global markets and customers.

The Global 3M corporate new structure now comprises of five business groups: Consumer (2011 global sales of $4.2 billion), Industrial ($9.6 billion), Health Care ($5.0 billion) and two newly formed business groups: Safety & Graphics ($5.5 billion), and Electronics & Energy ($5.7 billion). Previously, the company operated six major businesses.


The new structure seeks to infuse fresh investments while simultaneously introducing tailor made innovations relevant for the specific needs of the industries operating in the region. In addition to better serving customers through the establishment of a local presence in the region, the move is also expected to significantly boost employment opportunities for locals in the region, positioning 3M as a contributor to the economic development in KSA.

3M, with its diversified product portfolio and 46 technology platforms has achieved significant milestones in the Middle East and Africa region. From providing passive and active fire protection solutions to key institutions, to addressing the emerging healthcare needs of the country and also encouraging the growth of the nations’ automotive industry with its state of the art nanotechnology films, 3M has been at the forefront for diverse industry sectors.

-Ends-

About 3M

3M captures the spark of new ideas and transforms them into thousands of ingenious products. Our culture of creative collaboration inspires a never-ending stream of powerful technologies that make life better. 3M is the innovation company that never stops inventing. With $30 billion in sales, 3M employs about 84,000 people worldwide and has operations in more than 65 countries.3M Gulf is home to one of 3M’s Innovation Centers in Dubai. Register for a tour at www.3mgulf.com/innovation
For more information, visit www.3Mgulf.com or follow @3MNews on Twitter.

For media inquiries contact:

Alexandra Awad
3M Gulf Limited
Tel: +971-4-3670777
E-Mail: aawad@mmm.com

Heba Hassan
GolinHarris Dubai
T. + 971 4 3323308
hhassan@golinharris.com

Photo:
http://www.prlog.org/12036027/1

--- End ---

Click to Share

Contact Email:
***@golinharris.com Email Verified
Source:Golinharris Jeddah
Location:Saudi Arabia
Industry:Consumer, Business
Tags:3m, expansion
Shortcut:prlog.org/12036027
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share