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ID number:498040
 
Evaluation:
Published: 02.06.1996.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

With a continuous expansion in it's product line, Colgate-Palmolive is taking on the look of one of the most stable stocks on the exchange. Colgate
has a wide variety of products sold around the globe including, Colgate Toothpastes, Speed Stick Deodorants, Ajax Surface Cleaner, and Hill's Science Diet foods for house pets.
Colgate was founded in 1806 in New York City on Dutch Street by William Colgate as a starch, soap and candle business. Colgate produced soaps and perfumes or the next 67 years and then in 1873, they introduced their first toothpastes, which were aromatic toothpastes. Then 13 years later, they introduced the first dental creme packaged in collapsible tubes similar to those used today. After 104 years of being in business on Dutch Street, the largest tenancy on record in New York City the entire Colgate organization
moved to Jersey City. In 1928 Colgate made its greatest merger of all time with the Palmolive-Peet Company and in 1953 took on its present name of
Colgate-Palmolive. By 1967 Colgate-Palmolive was on a roll with sales passing the 1 billion dollar mark. …

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