3m completes acquisition of tape business from alpha beta enterprise co. ltd

St. paul, minn. & taipei, taiwan--(business wire)--3m announced today that it has completed its acquisition of the tape-related assets of alpha beta enterprise co. ltd., a leading manufacturer of box sealing tape and masking tape headquartered in taipei, taiwan. this acquisition further demonstrates 3m’s commitment as a leader in pressure sensitive tapes, enabling the company to increase its ability to provide products for customers that desire performance and value. it also allows 3m to increase its manufacturing footprint in the asia pacific region and expand the product line for high-volume masking and packaging tapes. the alpha beta tape business is now a part of 3m’s industrial adhesives and tapes division gta business unit. about alpha beta tape businesswith more than 28 years of experience and working with over 62 countries worldwide, alpha beta has advanced manufacturing equipment and coating lines. its automation and computerized equipment is the key to keeping close track of production and inventory and maintaining consistency and quality. alpha beta manufactures millions of square meters of tapes every year, from bopp box-sealing tape to masking tape with its newest addition of hot melt tapes. about 3m3m captures the spark of new ideas and transforms them into thousands of ingenious products. our culture of creative collaboration inspires a never-ending stream of powerful technologies that make life better. 3m is the innovation company that never stops inventing. with $27 billion in sales, 3m employs about 80,000 people worldwide and has operations in more than 65 countries. for more information, visit www.3m.com or follow @3mnews on twitter.
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