3M CEO: Narratives on coronavirus supply manufacturing are ‘just not true’- By FOX Business Staff (FOX Business) / April 3 2020
Under fire from the White House for exporting much-needed coronavirus protective masks to other countries, 3M Chairman and CEO Mike Roman said the idea that 3M is not doing everything possible for America “is false, nothing can be further from the truth.”
Roman, in a wide-ranging interview with Maria Bartiromo on FOX Business’ “Wall Street Week,” also said allegations against 3M for not fighting price gouging is “absurd.”
We hit 3M hard today after seeing what they were doing with their Masks. “P Act” all the way. Big surprise to many in government as to what they were doing – will have a big price to pay!
— Donald J. Trump (@realDonaldTrump) April 3, 2020
Charges of 3M shipping the protective equipment abroad to countries that offered to pay a higher price than the U.S. have been leveled against the company, but Roman was quick to deny there was any “bidding” process involved.
“We manufacture respirators,” said Roman. “We sell them through authorized distributors and we sell directly to governments and the distributors take those to customers that have the greatest needs and we’ve been working with FEMA in the U.S. to make sure we are prioritizing those with the greatest need.”
Continue to article: https://www.foxbusiness.com/business-leaders/3m-ceo-on-trump-coronavirus-production-claims-false-nothing-can-be-further-from-the-truth
