ST. PAUL, Minn., Sep 08, 2009 (BUSINESS WIRE) -- Ecolab Inc. announced today 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. Ecolab 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."
With sales of $6 billion and more than 26,000 associates, Ecolab Inc.
(NYSE: ECL), a Fortune 500 company, is the global leader in cleaning,
sanitizing, food safety and infection prevention products and services.
Ecolab delivers comprehensive programs and services to foodservice, food
and beverage processing, healthcare, and hospitality markets in more
than 160 countries. More news and information is available at www.ecolab.com.
SOURCE: Ecolab Inc.
Ecolab Inc.
U.S. contact:
Jennifer Kirscher, 651-293-2846
or
China contact:
Sophia Liu (+86-21) 6237-1000 Ext 102
Copyright Business Wire 2009