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Monday, July 25, 2016

P&G Sells UK Product Innovation Center

Does innovation need location anymore?   It has been debated.   Known as the Egham Center.   In Bizjournals:

" ... Procter & Gamble has agreed to sell a major product innovation center near London that employs more than 600 people engaged in the research and development of the Cincinnati-based company’s beauty brands. ....  intends to lease back the complex of buildings known locally as the Rusham Park Technical Centres from the buyer, Royal Holloway, University of London, for the next three to five years as part of the deal.   ...  " 

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