Procter & Gamble (PG), Teva Pharmaceutical Industries Limited (TEVA) Break Ground on $90 Million Plant
1/31/2013 8:32:58 AM
Procter & Gamble Co. and Israel-based Teva Pharmaceuticals broke ground on a $90 million joint venture facility in the Indian state of Gujarat, the Times of India reported. The plant will make consumer health and over-the-counter products, including inhalers, throat drops and cough syrups under the Vicks brand, in the city of Sanand, as the Business Courier previously reported. The JV company, with headquarters in Geneva, is called PGT Healthcare.