3M Co. will shut down an electrical plant in Austin, Texas, shifting the work — and maybe some jobs — to a facility in New Ulm, Minn.
Texas-based Community Impact Newspaper reports on the move by Maplewood, Minn.-based 3M (NYSE: MMM), which announced the plan to close the smaller of two Austin facilities by the end of 2019. The plant employs 120 workers who make copper and fiber connectivity products for the utility sector.
A spokesperson told the paper that 3M's New Ulm facility would take…
