Procter Gamble Research Paper
As electricity became more and more common, there was less need for the candles that Procter & Gamble had made since its inception.
Eventually the company chose to stop manufacturing candles in 1920.
Prior to this point, there were no disposable diapers.
Babies always wore cloth diapers, which were leaky and labor intensive to wash. Over the second half of the twentieth century, Procter & Gamble acquired a number of other companies that diversified its product line and increased profits significantly.
Over time, the company began to focus most of its attention on soap, producing more than thirty different types by the 1890s.
These acquisitions included Folgers Coffee, Norwich Eaton Pharmaceuticals, Richardson-Vicks, Noxell, Shultons Old Spice, Max Factor, and the Iams Company, among others.
In 1996, Procter & Gamble made headlines when the Food and Drug Administration approved a new product developed by the company, Olestra.
The two men, immigrants from England and Ireland respectively, had settled earlier in Cincinnati and had married sisters.
The two men decided to pool their resources to form their own company, formalizing the relationship on October 31, 1837.