When was proctor and gamble founded

During the Civil War, the company won contracts to supply the Union army with soap and candles. Once the war was over and the men returned home, they continued to purchase the companies products. The company called the soap "Ivory. The company became known for its progressive work environment in the late nineteenth century.

William Cooper Procter, William Procter's grandson, established a profit-sharing program for the companies workforce in He hoped that by giving the workers a stake in the company, they would be less inclined to go on strike. Over time, the company began to focus most of its attention on soap, producing more than thirty different types by the s.

Eventually the company chose to stop manufacturing candles in The company began to build factories in other locations in the United States, because the demand for products had outgrown the capacity of the Cincinnati facilities. Pampers provided a convenient alternative, albeit at the environmental cost of more waste requiring landfilling. In , the company made headlines for big losses resulting from leveraged positions ininterest rate derivatives, and subsequently sued Bankers Trust for fraud; this placed their management in the unusual position of testifying in court that they had entered into transactions that they were not capable of understanding.

The acquisition was approved by the European Union and the Federal Trade Commission, with conditions to a spinoff of certain overlapping brands. The companies officially merged on October 1, It will return as a sponsor of the Summer Olympics in Rio. Today the company manufactures, markets and distributes consumer products. A unit o Avon Products, Inc. Its product categories are Beauty, Fashion, and Home.

The Beauty category con Beiersdorf AG history, profile and history video Beiersdorf AG is engaged in the development, manufacture and distribution of skin and personal care products. It operates through the Consumer and Tesa Business segmen Clorox Co.

The company operates through four reportable business segments: Cleaning, Lifestyle, Househ We believe best ideas emerge from the creative connections that happen between our talented employees. We encourage our multi-functional teams to work together to come up with new ideas to address challenges we face. And we enable this through creative frameworks and inspiring office spaces designed by specialized architects—because a creative and dynamic work environment is key to bringing dynamic ideas to life.

Our innovations build brands, shape markets and improve products. Our multi-skilled Gillette team combined consumer insight, technical expertise and precision engineering to design, develop and launch a technologically-advanced razor that swivels with the contours of the face to deliver a closer and smoother shave—and a better consumer experience.

This could involve small developments or improvements. Or it could mean researching, designing, building, testing, marketing, and launching a brand new product.