After days of bashing 3M, President Donald Trump said his administration and the Maplewood-based company have come to an "amicable" agreement to increase the supply of badly needed N95 respirator masks to U.S. health care workers.
"The 3M saga ends very happily," Trump said during his news conference on Monday. "We're very proud now to deal with 3M."
Trump said 3M agreed to provide an additional 55.5 million masks a month for the U.S. for three months. Most of them will be the highly coveted N95 respirators that filter out 95% of all particulates.
The company confirmed that the deal involves importing another 166.5 million masks from its overseas factories. That's on top of the 35 million masks currently made monthly at its U.S. plants. By the end of June, 3M said its U.S. plants will be producing more than 50 million masks monthly.
"I want to thank President Donald Trump and the administration for their leadership and collaboration. We share the same goals of providing much-needed respirators to Americans across our country and combating criminals who seek to take advantage of the current crisis," said 3M CEO Mike Roman.
Trump on Thursday attacked 3M, saying it was "going to pay" for its business practices, which involved continuing to export some mask supplies to Canada and Latin America.
Trump invoked the Defense Production Act and ordered 3M to fill N95 respirator orders for the Federal Emergency Management Agency first, including importing from its overseas plants to do so.
On Friday, Trump national security adviser Peter Navarro accused 3M of profiteering.