U.S. inks $126 million deal with 3M for production of face masks.

  • The contract was signed with the U.S. Department of Defense on Wednesday.
  • Beginning in October 2020, 3M will produce 26 million masks per month.
  • Over the next 12 months, 3M says it will increase production of N95 face masks to at least 312 million per year.
  • The Department of Health and Human Services estimated in March that U.S. healthcare workers would need 300 million N95 masks monthly to fight the coronavirus pandemic.