Breaking News

P&G Gets Tax Credit

February 14, 2006

The Missouri Dept. of Economic Development will give Procter & Gamble Manufacturing $500,000 in state tax credit to expand its St. Louis facility. The project will create 34 high paying jobs, according to the company. The development tax credits were approved, in part, because P&G made a donation exceeding $1 million to the St. Louis Local Development Co. for equipment that will be leased back for at least five years. Procter & Gamble will use the equipment to establish new product lines.
The tax credit program provides up to 50% of a donation to those who contribute to a not-for-profit corporation that uses the money to buy assets and lease them to a business. P&G makes Cascade, Mr. Clean and Febreeze at the St. Louis facility.

blog comments powered by Disqus
  • A Facial Bar Grows in Brooklyn

    A Facial Bar Grows in Brooklyn

    Christine Esposito, Associate Editor||October 24, 2016
    With three doors in Canada, Blitz Facial Bar opens its first US location in one of the hippest areas of New York.

  • Free and Clear

    Free and Clear

    Melissa Meisel, Associate Editor||October 17, 2016
    OY-L aims for zero-chemical skin care.

  • Coming Clean on a Host of Issues

    October 17, 2016
    Cleaning Products Conference is set for Nov. 9-11, 2016 in Washington DC.

  • Proof Positive

    Proof Positive

    Christine Esposito, Associate Editor||October 3, 2016
    Testing service providers enable companies to back up their claims and stay in compliance with regulations.

  • Change Is in the Air

    Change Is in the Air

    Doreen Wang, BrandZ ||October 3, 2016
    Technology is changing the personal care market

  • Skin Care of One’s Own

    Skin Care of One’s Own

    Christine Esposito, Associate Editor||October 3, 2016
    Nu Skin’s ageLOC Me—which melds the worlds of smart-phone technology, efficacious ingredients and personalization