Procter & Gamble

Business
12:00 pm
Fri January 16, 2015

P&G suing former employees

Credit Procter & Gamble / Provided

Procter and Gamble is suing four former employees for allegedly sharing trade secrets with a competitor.

In a statement, P&G says the former Gillette employees wrongly disclosed highly confidential information with Dallas-based ShaveLogic.

A spokesman says during a routine review of shaving patent applications, P&G discovered proprietary details among ShaveLogic's documents.

P&G argues ShaveLogic benefited from the employees breach of contract.  It's seeking an injunction to stop any further information leaks.

Read more
Business
12:06 pm
Fri August 1, 2014

P&G downsizing in order to grow

Credit Procter & Gamble / Provided

The world's largest maker of consumer products is preparing to downsize.

Tide and Pampers stay but the smaller brands are going.

Cincinnati based Procter and Gamble says it's streamlining its portfolio by cutting back to only 70 to 80 brands accounting for 90 percent of the company's sales.

Read more
Dayton
6:00 am
Tue May 27, 2014

Why Dayton's economy is rebounding

Mound Business Park is in the midst of marketing itself to prospective companies.
Mound Business Park

The Dayton Development Coalition has been busy lining up businesses to move into a region that in less than a decade was hit hard by the loss of NCR, GM and DHL.

Just this month there have been three major announcements:

Read more
P&G distribution center
11:41 am
Thu May 15, 2014

P&G building distribution center in Montgomery County

An $89 million Procter & Gamble facility that will be built near Dayton will lead to hundreds of new jobs.  JobsOhio President John Minor says the Cincinnati-based consumer products company is establishing a distribution center in the city of Union to serve its Midwest customers.  He says Ohio was in competition for the center with several other locations in the U.S.  

Company officials say the facility will be operating in 2015.  

Read more
Procter and Gamble
9:51 am
Wed April 9, 2014

Procter & Gamble selling pet food business

Credit Procter & Gamble / Provided

Procter and Gamble says Mars Incorporated has agreed to buy the IAMS, EUKANUBA, and NATURA brands for $2.9 billion in cash.

A release  says the companies expect to complete the transaction in the second half of 2014, subject to regulatory approvals.  Mars currently owns  PEDIGREE, WHISKAS, BANFIELD, and ROYAL CANIN.

Mars Petcare Global President, Todd Lachman, said: “We view the addition of the IAMS, EUKANUBA, and NATURA brands as exceptionally strategic. This acquisition is a perfect fit with our Mars Petcare vision of making  a better world for pets."

Read more

Pages