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Colgate-Palmolive Expands Production in China

November 14, 2005

CHINA: Colgate-Palmolive Co. plans to expand its production base in China to cement its position as the largest toothpaste supplier. Colgate currently holds a 20% market share in China. Colgate has invested $110 million in China, establishing a joint venture in south China’s Guangdong province. Colgate-Palmolive is also eyeing possible mergers and acquisitions. China generates 30% of the company’s revenues.
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