Reported about 11 hours ago
Reckitt Benckiser Plc is working to increase its production in the US, aiming to reduce reliance on imports due to potential tariffs under President Trump's administration. The company plans to open a factory in North Carolina by 2027, which will decrease its import share from over 40% to around 25%. Despite current challenges in the US market, Reckitt is viewing developing markets like China as a promising growth opportunity.
Source: YAHOO