CGT Archives

Procter & Gamble Co. (P&G) sold its Sure deodorant brand to Innovative Brands, the same company that bought Pert shampoo from the company earlier this year.

Last month, Nestl FoodServices North America announced the groundbreaking of its new Culinary Innovation Center in Solon, Ohio, which will encompass 67,300 square feet, comprised of a basement, two floors and the provision for a future third floor.

As part of a restructuring effort, Newell Rubbermaid Inc., maker of Sharpie pens and Rubbermaid trash cans, is selling its Ohio-based Little Tikes children's toys and furniture business to MGA Entertainment Inc. for an undisclosed price.

As I write this note and ponder the October issue, I can't believe that fall is already here.

After recent acquisitions from Allied Domecq, Beam Global Spirits & Wine Inc. has more than 100 brands, operations in 16 locations and sales in 160 countries.

Beverage producers are continuing to focus on new product innovation as a principal way of increasing market share.

After an 18-month effort, Sara Lee Corp. completed the tax-free spinoff of apparel company Hanesbrands Inc. to its shareholders in September 2006.

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