Monday, February 28, 2005
Cincinnati Keeps On Buying
P&G Buys Gillette ($57 Billion), Chiquita Buys Fresh Express ($855 Million), Federated Buys May Dept. Stores ($11 Billion). And that was just in the last 30 days.
Looks like the corporate structure is alive and kicking in Cincinnati. The P&G acquistion (if approved by regulators) would mean jobs for Cincinnati. The jury is still out on what the Chiquita and Federated moves mean for jobs, but since both are headquartered downtown, one would think at least marginal job opportunities. All in all I think it's great for the city, and hopefully we keep seeing this kind of growth!
Looks like the corporate structure is alive and kicking in Cincinnati. The P&G acquistion (if approved by regulators) would mean jobs for Cincinnati. The jury is still out on what the Chiquita and Federated moves mean for jobs, but since both are headquartered downtown, one would think at least marginal job opportunities. All in all I think it's great for the city, and hopefully we keep seeing this kind of growth!
