P&G moves Gillette
This article was originally published in The Rose Sheet
Executive Summary
This summer, the Gillette Blade and Razor and Braun businesses will move to P&G Beauty and Health, Procter & Gamble announces Jan. 10. The move is part of an internal reorganization, effective July 1, firm says. Separately, P&G will invest $35 to $50 mil. in its South Boston Manufacturing Center, also known as Gillette World Shaving Headquarters. After some employee relocations in 2009, the site will house the research & development, engineering, manufacturing, marketing and business support departments related to the Gillette business. "By combining the key blade and razor functions in one location, we will further strengthen our focus on world-class shaving product innovation and manufacturing technology," President-Global Grooming Chip Bergh says...