The news story you are looking for has expired. A more recent related article is displayed below.

Sponsored Links

Ecolab Extends Its Presence in China with a US$30 Million Investment

Ecolab Inc. announced that it signed a Memorandum of Understanding with the Chinese government regarding Ecolab expanding its presence in China by establishing a China Holding Company / Regional Headquarters in Shanghai, P.R. China.

In a release, the Company noted that it has committed to making incremental investments of US$30,000,000 in China, with additional investment to follow as the business expands.

"The expansion reflects Ecolab's strong commitment to helping make our customers, industries and communities in China cleaner, safer, and healthier," said Phillip J. Mason, President, Ecolab International Sector. "We have served the Chinese market since 1987, and this expansion is a significant milestone for our China operations. It will better position us to help our customers' meet world-class cleaning, sanitization, food safety and infection prevention needs, and help accelerate Ecolab's growth in the fast-growing China market. The new investments will include additional manufacturing, research & development projects and technology platform upgrades. Overall, the investments will increase Ecolab's superior product and service offering and better serve the Chinese market, enabling us help enhance the living quality, save lives and deliver more sustainable solutions."

Ecolab Inc. is a global company engaged in cleaning, sanitizing, food safety and infection prevention products and services.

((Comments on this story may be sent to health@closeupmedia.com))

Copyright (C) 2009 Close-Up Media. All rights reserved

News Provided by COMTEX


Related terms: china, expansion, food, government, health, infection, investment, manufacturing, market, president, products, research, shanghai, technology

Related Articles

Venture capital in China: To infinity and beyond | The Economist
Oct 22, 2009
...the sale of a stake in Digital China, an IT company. Counting...sales since it started work in China five years ago. Yet...Group, Israel’s largest holding company, and two Americans with...market had obvious drawbacks. China offered huge advantages...

Manufacturing trending away from China
Oct 13, 2009
Manufacturing trending away from China The challenges of manufacturing in China and the still recovering global economy cause electronics...there has been a massive shift of manufacturing to China, especially for high-volume, low-mix electronic...

China Stocks Rise to Three-Week High; Shenhua, SAIC Motor Gain - Bloomberg.com
Oct 13, 2009
...1.015 million units, the China Association of Automobile...were among the most active in China’s markets. Stock symbols...s capital, it said. China Vanke Co. (000002 CH...600252 CH), an investment holding company that runs pharmaceutical business...

Amex: China To Lead Business Travel Recovery
Oct 28, 2009
Amex: China To Lead Business Travel Recovery -- Hotels, 10/28/2009...organizations based across Shanghai, Beijing, and Guangzhou in China through its annual China Business Travel Survey (The Barometer). The findings indicate...