Colgate's Hill's Plans $250 Million Kansas Manufacturing Plant
June 18 2021 - 9:37AM
Dow Jones News
By Colin Kellaher
Colgate-Palmolive Co.'s Hill's Pet Nutrition unit on Friday said
it plans to invest more than $250 million to build a new factory in
Kansas to help meet growing demand for its pet foods.
Hill's, based in Topeka, said it expects the new plant in
Tonganoxie will be completed by 2023 and will employ at least 80
people by 2025.
Colgate's pet nutrition business accounted for about 18% of the
consumer-products company's $4.34 billion in sales in the first
quarter this year. Hill's saw sales growth of 9.5% during the
quarter, compared with overall company sales growth of 6%.
Hill's has four other manufacturing sites in the U.S., including
two in its home state of Kansas.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 18, 2021 09:36 ET (13:36 GMT)
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