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Colgate-Palmolive Company
Type Public (NYSE: CL)
Founded 1806
Headquarters Flag of the United States New York City, USA
Key people Ian M. The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. The City of New York The United States of America —commonly referred to as the Cook, CEO
Industry Personal Products
Revenue ▲ $11. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In business revenue or revenues is Income that a company receives from its normal business activities usually from the sale of goods and services 396 billion (2007)
Net income ▲ $1. Net income is equal to the Income that a firm has after subtracting costs and Expenses from the total Revenue. 351 billion (2007)
Employees 36,001
Website www.colgate.com

Colgate-Palmolive Company (NYSE: CL) is an American diversified multinational corporation focused on the production, distribution and provision of household, health care and personal products, such as soaps, detergents, and oral hygiene products (including toothpaste and toothbrushes). Employment is a Contract between two parties, one being the employer and the other being the employee. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages The New York Stock Exchange ( NYSE) is a Stock exchange based in New York City. The United States of America —commonly referred to as the Multinational corporation ( MNC) or transnational corporation ( TNC) is a Corporation or enterprise that manages Production or delivers SOAP (see below for name and origins is a protocol for exchanging XML -based messages over Computer networks normally using A detergent (as a noun is a material intended to assist Cleaning. Oral hygiene is the practice of keeping the Mouth and Teeth clean in order to prevent dental problems and bad breath. Toothpaste is a Paste or Gel Dentifrice used to clean and maintain the aesthetics and health of Teeth. The toothbrush is an instrument consisting of a small Brush on a handle used to clean Teeth through Tooth brushing. Under its "Hill's" brand, it is also a manufacturer of veterinary products. Veterinary medicine the application of medical, diagnostic, and therapeutic principles to companion, domestic, exotic, wildlife

Contents

History

In 1806, William Colgate, himself a soap and candle maker, opened up a starch, soap, and candle factory on Dutch Street in New York City under the name of "William Colgate & Company". William Colgate ( January 25, 1783 - March 25, 1857) was an English -born American manufacturer who founded what became the Colgate The City of New York In the 1840s, the firm began selling individual bars in uniform weights. In 1857, William Colgate died and the company was reorganized as "Colgate & Company" under the management of Samuel Colgate, his son. Samuel Colgate (1822-1897 son of William Colgate (1783-1857 was an American manufacturer and philanthropist, born in New York City In 1872, Colgate introduced Cashmere Bouquet, a perfumed soap. In 1873, the firm introduced its first toothpaste, an aromatic toothpaste sold in jars. His company sold the first toothpaste in a tube, Colgate Ribbon Dental Cream, in 1896. By 1908 they initiated mass selling of toothpaste in tubes.

In Milwaukee, Wisconsin, the B. J. Johnson Company was making a soap entirely of palm and olive oil, the formula of which was developed by B. Palm oil is an edible plant oil derived from the Fruit of the Arecaceae Elaeis Oil palm. Olive oil is a fruit oil obtained from the olive ( Olea europaea; family Oleaceae along with Lilacs Jasmine and ash trees J. Johnson in 1898. The soap was popular enough to rename their company after it - "Palmolive". [1] At the turn of the century Palmolive, which contained both palm and olive oils, was the world's best-selling soap. A Kansas based soap manufacturer known as the Peet Brothers merged with Palmolive to become Palmolive-Peet. Kansas ( is a Midwestern state in the central region of the United States of America, an area often referred to as the American " In 1928, Palmolive-Peet bought the Colgate Company to create the Colgate-Palmolive-Peet Company. In 1953 "Peet" was dropped from the title, leaving only "Colgate-Palmolive Company", the current name.

Colgate-Palmolive has long been in fierce competition with Procter & Gamble, the world's largest soap and detergent maker. Procter & Gamble Co ( P&G,) is a Fortune 500, American global corporation based in Cincinnati Ohio, that manufactures a wide SOAP (see below for name and origins is a protocol for exchanging XML -based messages over Computer networks normally using A detergent (as a noun is a material intended to assist Cleaning. P&G introduced its Tide laundry detergent shortly after World War II, and thousands of consumers turned from Colgate's soaps to the new product. Laundry detergent, or washing powder, is a substance which is a type of Detergent that is added when one is washing Laundry to help get the laundry cleaner World War II, or the Second World War, (often abbreviated WWII) was a global military conflict which involved a majority of the world's nations, including Colgate lost its number one place in the toothpaste market when P&G started putting fluoride in its toothpaste. Toothpaste is a Paste or Gel Dentifrice used to clean and maintain the aesthetics and health of Teeth. Fluoride is the reduced form of Fluorine. Both organic and Inorganic compounds containing the element fluorine are considered fluorides In the beginning of television, Colgate-Palmolive wished to compete with Procter & Gamble as a sponsor of soap operas. Television ( TV) is a widely used Telecommunication medium for sending ( Broadcasting) and receiving moving Images, either monochromatic Procter & Gamble Co ( P&G,) is a Fortune 500, American global corporation based in Cincinnati Ohio, that manufactures a wide A soap opera is an ongoing episodic work of Fiction, usually broadcast on Television or Radio. Although the company sponsored many shows in part, they were most famous for being the full sponsor of the serial The Doctors. The Doctors was a Soap opera which aired on NBC from April 1 1963 to December 31 1982

George Henry Lesch was president, CEO, and chairman of the board of Colgate-Palmolive in the 1960s and 1970s, and during that time transformed it into a modern company with major restructuring. George Henry Lesch (1909 - 1994 was the President and CEO of the Colgate-Palmolive company from 1960 to 1971 and was also the Chairman of the board A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator

In 2006, Colgate-Palmolive announced the intended acquisition of Tom's of Maine, a leading maker of natural toothpaste, for US $100M. Tom's of Maine is a maker of natural personal care products such as Toothpaste, Soap and Deodorant. Tom's of Maine was founded by Tom Chappell in 1970. Thomas Matthew "Tom" Chappell (born 1943 is an American Businessman and Manufacturer and co-founder of Tom's of Maine in 1970

Today, Colgate has numerous subsidiary organisations spanning 200 countries, but it is publicly listed in only two, the United States and India. The United States of America —commonly referred to as the India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country

In June 2007, phony Colgate toothpaste imported from China was found to be contaminated with diethylene glycol, and several people in eastern U. China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National Diethylene glycol (DEG is an Organic compound described by the structural formula HO-CH2-CH2-O-CH2-CH2-OH S. reported experiencing headaches and pain after using the product. A headache ( cephalalgia in medical terminology is a condition of pain in the Head; sometimes Neck or upper back pain may also be interpreted Pain, in the sense of physical pain, is a typical sensory experience that may be described as the unpleasant awareness of a noxious stimulus or bodily harm [2] The tainted products can be identified by the claim to be manufactured in South Africa by Colgate-Palmolive South Africa LTD, they are 5oz/100ml tubes (a size which Colgate does not sell in the United States) and the tubes/packaging contain numerous mis-spellings on their labels. The Republic of South Africa (also known by other official names) is a country located at the southern tip of the continent of Africa Colgate-Palmolive claims that the they do not import their products from South Africa into the United States or Canada and that DEG is never and was never used in any of their products anywhere in the world. The counterfeit products were found in smaller "mom and pop" stores, dollar stores and discount stores in at least four states. A counterfeit is an imitation that is made usually with the intent to deceptively represent its content or origins [3]

Educational and community involvement

In 1890, Colgate University was re-named in honor of the Colgate family following decades of financial support and involvement. Colgate University is a private liberal arts college located in the Village of Hamilton in Madison County New York, USA

Also, for the past 34 years the Colgate-Palmolive Company has sponsored a non-profit track meet open to women of all ages. A non-profit organization ( abbreviated "NPO" also "not-for-profit" is a legally constituted Organization whose objective is to support or engage This event is called the Colgate Women's Games. The Colgate Women's Games is the nation's largest amateur track series open to all girls from elementary school through college. See also Primary education An elementary school is an institution where children receive the first stage of Compulsory education known as elementary College ( Latin collegium) is a term most often used today to denote an Educational Institution. Held at Brooklyn's Pratt Institute, competitors participate in preliminary meets and semi-finals over five weekends throughout January. Brooklyn (named after the Dutch town Breukelen) is one of the five boroughs of New York City. Finalists compete for trophies and educational grants-in-aid from Colgate-Palmolive Company at New York City's Madison Square Garden in February. Madison Square Garden, often abbreviated as MSG, and known colloquially as The Garden, has been the name of four Arenas in New York City. The goal is to provide an athletic competition that helps the participating young girls and women develop a strong sense of personal achievement, self-esteem, instill the importance of education and provide a training ground for those who might not otherwise participate in an organized sport. A goal or objective consists of a projected state of affairs which a Person or a System plans or intends to achieve or bring about — a personal or In Psychology, self-esteem reflects a Person 's overall evaluation or appraisal of her or his own worth Education encompasses both the Teaching and Learning of Knowledge, proper conduct, and technical competency The term training refers to the acquisition of knowledge skills and competencies as a result of the teaching of vocational or practical skills and knowledge Sport is an Activity that is governed by a set of rules or Customs and often engaged in competitively

Environmental record

The Ethical Consumer Research Association has recommended that its readers do not buy Colgate because of its use of animal testing. The Ethical Consumer Association has also urged a boycott on many other products, including all products from the country of Canada. www. ethiscore. org has rated Colgate a 5. 5 out of a possible 20. [4]

Colgate-Palmolive is one of the companies responsible for hazardous waste at the Chemsol federal Superfund site in Piscataway, New Jersey. The term hazardous waste comprises all toxic chemicals radioactive materials, and biologic or infectious waste. Superfund is the common name for the United States environmental policy officially known as the Comprehensive Environmental Response Compensation and Liability Act Piscataway may refer to Piscataway Indian Nation, a Native American tribal nation in Maryland Piscataway language Piscataway Their involvement in this site has contributed to the contamination of an estimated 18,500 cubic yards (14,100 m³) of soil with volatile organic compounds (VOCs), polychlorinated biphenyl (PCBs), and lead off-site. Pollution is the introduction of contaminants into an environment that causes instability disorder harm or discomfort to the physical systems or living organisms they are in Soil, often typeset as SOiL, is a four piece rock band from Chicago Illinois United States founded by Shaun Glass Tom Schofield Tim King and Adam Zadel This article describes a highly specialized aspect of its subject in the "Terminology and legal definitions" section Polychlorinated biphenyls ( PCB s are a class of Organic compounds with 1 to 10 Chlorine atoms attached to Biphenyl which is a molecule composed Characteristics Lead has a dull luster and is a dense, Ductile, very soft highly A proposed $23 million agreement with the government and state of New Jersey would require Colgate-Palmolive and the other involved companies to pay for the cleanup of this hazardous waste that is contaminating the soil as well as the groundwater. Groundwater is Water located beneath the Ground surface in Soil pore spaces and in the Fractures of lithologic formations [5]

Corporate governance

Current members of the board of directors of Colgate-Palmolive are: John T. Cahill, Jill Conway, Ronald E. Jill Ker Conway (born 9 October 1934) is an Australian American author best known for her autobiographies, in particular her first Ferguson, Ellen Hancock, David W. Ellen Hancock is a long-time Technology manager from the United States who has worked for IBM and Apple among others Johnson, Richard Kogan, Delano Lewis, Reuben Mark, Elizabeth Monrad, and Howard Wentz. Delano Eugene Lewis Jr (born 1938 in Arkansas City Kansas) is an American Ambassador.

Chief Executive Rueben Mark retired July 1, 2007. Ian M. Cook, President and CEO, replaced him. A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator

Employment diversity

Colgate-Palmolive was named one of the "100 Best Companies for Working Mothers" in 2004 by Working Mothers magazine and Phineas and Ferb.

Brands

The Colgate Clock in Jersey City, New Jersey.The image above is proposed for deletion. See images and media for deletion to help reach a consensus on what to do.
The Colgate Clock in Jersey City, New Jersey. Jersey City is a city in Hudson County, New Jersey, United States.
The image above is proposed for deletion. See images and media for deletion to help reach a consensus on what to do.

Colgate now markets a broadly diversified mix of products in the United States and other countries. The United States of America —commonly referred to as the Major product areas include household and personal care products, food products, health care and industrial supplies, and sports and leisure time equipment.

The name Colgate has since become synonymous with toothpaste. Ajax cleanser (or Ajax brand cleanser with bleach) is a powdered household and industrial cleaner introduced by Colgate-Palmolive in 1947 Colgate, an Oral hygiene product line and one of the namesake brands of the Colgate-Palmolive Company, is a manufacturer of a wide range of Toothpastes and Colgate-Palmolive Company ( is an American diversified Multinational corporation focused on the production distribution and provision of household health care Fresh Start was the first powdered detergent to come in a plastic bottle Irish Spring is the brand name of a Deodorant Soap, first marketed by the Colgate-Palmolive company in 1972 Kolynos is the name of an old-time line of oral care products that was acquired by Colgate-Palmolive in 1995 Mennen is now a brand of the Colgate-Palmolive Company Its most notable product Mennen Speed Stick, with its fougere Perfume and green wide stick was Murphy Oil Soap is a cleaning product marketed by Colgate-Palmolive. Colgate-Palmolive Company ( is an American diversified Multinational corporation focused on the production distribution and provision of household health care Softsoap is the trade name of Colgate-Palmolive 's liquid hand soap and Body wash. Speed Stick is a brand of Deodorant / Antiperspirant that as the name suggests comes in stick form Suavitel is a brand of Fabric softener marketed by Colgate-Palmolive Tom's of Maine is a maker of natural personal care products such as Toothpaste, Soap and Deodorant. Toothpaste is a Paste or Gel Dentifrice used to clean and maintain the aesthetics and health of Teeth. In many countries the brand has become a generic, with people walking into shops and asking for "Colgate" when they actually mean toothpaste. A brand is a collection of Images and ideas representing an economic producer more specifically it refers to the descriptive verbal attributes and concrete symbols such as a In the GNU Compiler Collection, GENERIC is an intermediate representation common to all the front-ends of GCC This has prompted numerous local toothpastes to come up with copycat artwork on their packs, especially in India. India, officially the Republic of India (भारत गणराज्य inc-Latn Bhārat Gaṇarājya; see also other Indian languages) is a country Consequently, the legal department of Colgate-Palmolive (India) Ltd. has been involved in multiple litigations. In law a lawsuit is a civil action brought before a Court in which the party commencing the action the Plaintiff, seeks a legal or equitable remedy [See links below. ]

Advertising

The iconic hand on the Palmolive dishwashing soap label belongs to Elizabeth Barbour. The image is a highly illustrated photograph taken in 1985 when the Colgate-Palmolive Company updated the image and hired Barbour who was a hand model with the Ford Agency in New York City. The City of New York

Translation

References

  1. ^ Colgate-Palmolive Company History: Creating Bright Smiles for 200 Years
  2. ^ 7online.com: Toothpaste recall expands 6/18/07
  3. ^ Toothpaste labeled Colgate recalled - More health news - MSNBC.com
  4. ^ EthicalConsumer magazine's online shopping guide. (URL accessed June 25, 2007).
  5. ^ Knowmore.org. (URL accessed June 25, 2007).

See also

External links

In Organic chemistry, transesterification is the process of exchanging the Alcohol group of an Ester compound with another Alcohol.
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