Industrial giant 3M played a critical role in supplying needed medical supplies and personal protective equipment during the COVID-19 pandemic.
Now the manufacturer is urging the federal government to take steps to improve and diversify its national stockpile, so that next time the country is better prepared.
"We learned a ton through the COVID-19 pandemic, but we also had a lot of expertise dealing with pandemics before," John Banovetz, chief technology officer at 3M, told Cheddar. "H1N1, SARS, all helped us prepare. We've learned a lot. We learned a lot about the importance of collaboration. We learned a lot about the importance of just being prepared."
In preparing for future pandemics, Banovetz said the U.S. should focus on "management, manufacturing, and mobility." Specifically, a recent report from 3M recommended making sure a national stockpile is "mandated and funded," working with law enforcement to fight fraud and price gouging, and establishing emergency budgets and use authorizations.
He also stressed that the government should strive for supply chain flexibility.
"As a company, for instance, we've prepared our supply chains," he said. "We went to a regional kind of manufacturing model, in which we were able to respond anywhere in the word around PPE requirements or demand for N95s."
3M has also prioritized partnerships, such as those with the Department of Defense, which worked with the company to boost production of needed supplies for the pandemic.
Banovetz explained that 3M did have "some surge capacity" built into its global and U.S. supply chains during the early days of the outbreak, but "nothing prepared [us] for the COVID-19 pandemic that hit and the high demands that you saw in such a short time."
Over the span of the pandemic, the company has supplied over a billion respirators to the U.S. and is currently making 95 million more per month after a significant ramp-up.
"We've quadrupled our production in that short time frame, but demand continues to outstrip supply across the entire industry," he said. "But we're doing everything we can to close that gap and supply the PPE, particularly to the frontline workers and the healthcare workers around the country."
Joe Cecela, Dream Exchange CEO, explains how they are aiming to form the first minority-controlled company to operate an exchange in U.S. history. Watch!
A Michigan judge is putting sponges in the hands of shoplifters and ordering them to wash cars in a Walmart parking lot when spring weather arrives. Genesee County Judge Jeffrey Clothier hopes the unusual form of community service discourages people from stealing from Walmart. The judge also wants to reward shoppers with free car washes. Clothier says he began ordering “Walmart wash” sentences this week for shoplifting at the store in Grand Blanc Township. He believes 75 to 100 people eventually will be ordered to wash cars this spring. Clothier says he will be washing cars alongside them when the time comes.
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
At 100 years old, the Goodyear Blimp is an ageless star in the sky. The 246-foot-long airship will be in the background of the Daytona 500 — flying roughly 1,500 feet above Daytona International Speedway, actually — to celebrate its greatest anniversary tour. Even though remote camera technologies are improving regularly and changing the landscape of aerial footage, the blimp continues to carve out a niche. At Daytona, with the usual 40-car field racing around a 2½-mile superspeedway, views from the blimp aptly provide the scope of the event.
You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!