Sep 30, 2010

Procter and Gamble


William Procter, a candlemaker, and James Gamble, a soapmaker, immigrants from England and Ireland, respectively, who had settled earlier in Cincinnati, met as they both married sisters, Olivia and Elizabeth Norris.

Alexander Norris, their father-in law, called a meeting in which he persuaded his new sons-in-law to become business partners. On October 31, 1837, as a result of the suggestion, Procter & Gamble was born.

As of 2008, P&G is the 8th largest corporation in the world by market capitalisation and 14th largest US company by profit.

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