Already have an ACS ID? Log in
Renew your membership, and continue to enjoy these benefits.
Already an ACS Member? Log in here
Choose the membership that is right for you. Discount will be applied automatically at checkout.
Enjoy these benefits no matter which membership you pick.
Most Popular in Business
Cleaning and sanitation products maker Ecolab has outlined a restructuring plan that includes $480 million in charges against earnings as well as the elimination of 500 jobs. The move follows Ecolab’s $8.1 billion acquisition last year of water treatment firm Nalco Holding. The job cuts, to be phased in over the next two years, will largely affect corporate positions, sparing sales and R&D jobs. The combined firm now has about 1,300 R&D employees. The charges will also cover closure of redundant plants, distribution centers, and sales offices, leading to annual cost savings of $250 million by 2014. Ecolab predicted $150 million in annual savings when it announced the merger last July.
This article has been sent to the following recipient: