3M Announces Combat Arms Settlement
3M recently announced that it has reached an agreement with the court-appointed negotiating plaintiffs’ counsel to resolve the Combat Arms Earplug litigation against Aearo Technologies (Aearo) and 3M. Under the agreement, 3M will contribute a total amount of $6.0 billion between 2023 and 2029, which is structured under the agreement to include $5.0 billion in […]
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Aearo Technologies Takes Action to Efficiently and Equitably Resolve Litigation Related to Combat Arms Earplugs
3M Subsidiary Aearo Technologies Takes Action to Efficiently and Equitably Resolve Litigation Related to Combat Arms Earplugs Aearo Technologies and related entities have voluntarily initiated chapter 11 proceedings 3M has committed $1 billion to fund a trust to resolve all claims determined to be entitled to compensation ST. PAUL, Minn., July 26, 2022 /PRNewswire/ — 3M (NYSE: MMM) today announced it is […]
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Collaboration with HIPOWER Systems
HIPOWER Systems (a division of Himoinsa, S.L.; a member of the YANMAR Co. Ltd. Group of companies) is pleased to announce it is working with Aearo Technologies LLC (a 3M company). HIPOWER Systems carry both diesel and gas combustion engines, built under a heavy duty weatherproof enclosure suppressed by sound prroof material resulting in one […]
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