3M has continued to ramp up production of its N95 respirator masks, Chairman and CEO Mike Roman told CNBC on Tuesday, as the coronavirus pandemic intensifies again in parts of the world.
The industrial giant is now on track to produce 2 billion N95 masks this year, about half of which will be in the United States, according to Roman.
Even so, shortages of personal protective equipment for health-care workers, including masks, have remained present during the pandemic.
In March, as the Covid-19 outbreak in the U.S. was worsening, some retailers were criticized for having N95 masks on their shelves.
3M also has filed more than a dozen lawsuits in response to fraudulent N95 masks and price gouging during the health crisis.