Home > News > Procter & Gamble: Less Is More
January 30th, 2006
Procter & Gamble: Less Is More
Abstract:
Jack Uldrich: Last week, Alan Lafley, CEO of Procter & Gamble (NYSE: PG), said, in a series of speeches in the Boston area, that he expects nanotechnology "to be a very fruitful area" and announced that his company had inked confidentiality agreements with three Massachusetts-based nanotechnology companies. He declined to elaborate, saying, "I can't give you specific examples because these are technologies in development."
Fair enough. I suspect his silence, though, was a more a matter of not wanting to tip his hand to his competitors. That does not, however, prevent me from speculating on who or what types of nanotechnology developments P&G is exploring.
Source:
fool.com
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