Wednesday, April 13, 2011

Procter & Gamble (NYSE:PG) In Huge Investment Pledge

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Procter & Gamble (NYSE:PG) has decided to invest $100 million in Indonesia to build an RI factory. Procter & Gamble (NYSE:PG) In Huge Investment Pledge The consumer products giant Procter & Gamble (NYSE:PG) announced that it has decided to invest $100 million in Indonesia in the coming three years. This fund will be used to build a factory and to expand its distribution market in Indonesia. Indonesia is a growing market for Procter & Gamble (NYSE:PG) products, with its high economic growth and large population. The company, which markets more than 50 branded products, is the largest consumer product supplier in Indonesia. Mohamed Ismail, Procter & Gamble (NYSE:PG) Indonesia president, said, "The ambitious expansion program is designed to bring more P&G consumer products, notably household and personal care products, to more consumers across the country". Procter & Gamble Co. (NYSE:PG) stocks are currently standing at 62.89. Price History Last Price: 62.89 52 Week Low / High: 39.37 / 66.95 50 Day Moving Average: 62.43 6 Month Price Change %: 1.4% 12 Month Price Change %: 0.3%



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