The Risk That is Venezuela
By: MyLogIQ
June 12, 2019
3M Suspends Operations in Venezuela – On June 11, 2019, 3M reported that it had suspended its operations indefinitely in the troubled country. Significantly, 3M did not identify Venezuela as a risk factor in its last four years of SEC filings.
3M joins a host of other companies as indicated by the CompanyIQ® SEC EDGAR risk factor search tool, including Kimberly Clark, General Mills, Kellogg, and General Motors, that have left the troubled Latin American country in the last four years among price restrictions, currency restrictions, deep civil unrest, and falling consume purchasing power.
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