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3M and ANEST IWATA Form Strategic Alliance
Mon 6:00 pm ET (Business Wire)
ST. PAUL, Minn. & YOKOHAMA, Japan----3M and ANEST IWATA today announced the two companies have entered into a strategic marketing agreement, effective immediately. Under the agreement, ANEST IWATA will incorporate the 3M™ Paint Preparation System into an introductory kit with their paint guns, including the new SUPERNOVA WS-400 / LS-400 spray guns.
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| Market Capitalization: | 334B | | Price
/ Earnings: | 16.3 | | Price
/ Book: | 11.9 | | Net
Profit Margin (mrq): | 6.8% | | Price
To Free Cash Flow (mrq): | 27.5 | | Return
on Equity: | 11.5% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 2.3% |
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