Tuesday Ticker: April 26, 2022

Toronto, Ontario ⁠— In this Tuesday Ticker, General Motors shares some hefty news a mere day before the OEM reveals its Q1 2022 financial reports, while 3M plans to leverage technology from a digital inventory management solutions company. Corvettes and currents General Motors will launch an electric version of the Chevrolet Corvette sports car starting […]

Lean Into It: 3M acquires LeanTec technology for inventory management solutions

St. Paul, Minnesota — 3M announced Monday that it acquired the technology assets of LeanTec, a provider of digital inventory management solutions for the automotive aftermarket in the U.S. and Canada. The LeanTec software complements the 3M RepairStack Performance Solutions, a hardware and software system that helps ensure materials needed for repairs are on hand, […]

Pirated PPE: 3M works to curb counterfeit activity

London, Ontario ⁠— With an increase in counterfeit activity in connection with COVID-19 personal protective equipment (PPE), 3M has issued an information sheet detailing tips targeted at combatting the fraud.  The company says its legal team members have investigated more than 9,900 reports globally of suspected fraud, counterfeiting and price gouging since the pandemic began […]

Prep for Performance: 3M’s latest spray gun reviewed by Ink ‘N’ Iron

Toronto, Ontario ⁠— Hilary Noack, owner of Toronto, Ontario’s Ink ‘n’ Iron is among the first to review 3M’s much-touted incoming product, the 3M Performance Spray Gun. 3M says its new Performance Spray gun is designed to deliver top-of-the-line performance with technology that will save you time, allows for faster cleanup, faster changeovers and faster […]

Delving into Digital: 3M Announces ‘strategic investment’ in asTech

St. Paul, Minnesota ⁠— 3M has invested in asTech, citing a “continued commitment to advanced the digitization” of the aftermarket supplies giant, the companies announced Tuesday. Terms of the deal were not disclosed.  “The 3M Ventures strategic investment in Repairify [asTech’s parent company] enables us to accelerate our solutions and offerings across the entire automotive […]

Showing Off: 3M releases paint booth productivity demo using Performance sprayer

Toronto, Ontario – Looking to make the most out of your time in the paint booth and keep cycle times down? 3M has all the tips for “paint booth productivity” in their latest demonstration video, released on YouTube on Feb. 4. In the latest video from the company’s collision repair channel, 3M application engineer, Brady […]