Colgate Palmolive
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Colgate-Palmolive headquarters in Midtown Manhattan, New York City
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| Public | |
| Traded as | |
| Industry | Consumer goods |
| Founded | 1806 |
| Founder | William Colgate |
| Headquarters | 300 Park Avenue New York City, New York, United States |
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Area served
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Worldwide |
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Key people
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Ian M. Cook (CEO) |
| Products | Cleaning agents Personal care products |
| Revenue |
 US$16.034 billion (2015) |
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US$2.789 billion (2015) |
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US$1.384 billion (2015) |
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| Total assets |
US$11.958 billion (2015) |
| Total equity |
US$-299 million (2015) |
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Number of employees
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37,900 (2015) |
| Website | www |
The Colgate-Palmolive Company is an American worldwide consumer products company focused on the production, distribution and provision of household, health care and personal products, such as soaps, detergents, and oral hygiene products (including toothpaste and toothbrushes). Under its "Hill's" brand, it is also a manufacturer of veterinary products. The company's corporate offices are on Park Avenue in Midtown Manhattan, New York City.
In 1806 devout Baptist English immigrant soap and candle maker William Colgate established a starch, soap, and candle factory on Dutch Street in New York City under the name "William Colgate & Company". In 1833 he suffered a severe heart attack, stopping his business' sales; after a convalescence he continued with his business. In the 1840s the firm began selling individual cakes of soap in uniform weights. In 1857 Colgate died and the company was reorganized as "Colgate & Company" under the management of his devout Baptist son Samuel Colgate, who did not want to continue the business but thought it would be the right thing to do. In 1872 he introduced Cashmere Bouquet, a perfumed soap. In 1873 the firm introduced its first Colgate Toothpaste, an aromatic toothpaste sold in jars. In 1896, the company sold the first toothpaste in a tube, Colgate Ribbon Dental Cream (invented by dentist Washington Sheffield). Also in 1896, Colgate hired Martin Ittner and under his direction founded one of the first applied research labs. By 1908 they initiated mass sales of toothpaste in tubes. William's other son, James Boorman Colgate, was a primary trustee of Colgate University (formerly Madison University).
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Wikipedia