Monday, October 24, 2005

Business news in brief from around New Jersey

SKILLMAN, N.J. -- Personal Products Co. has entered into a definitive
agreement to purchase the Rembrandt Brand of oral care products from
The Gillette Co.

Terms of the transaction were not disclosed, but it was anticipated to
take place in the fourth quarter of 2005, Personal Products said
Monday.

Personal Products, a Johnson & Johnson company, produces and markets
oral health, women's health and sanitary protection products. It is a
division of McNeil-PPC Inc.

"The Rembrandt Brand is the perfect complement to our existing oral
care portfolio," said Michael Sneed, chairman of Johnson & Johnson's
consumer company group in North America.

FAIRFIELD, N.J. (AP) _ Kyocera Mita America on Monday announced the
appointments of Tony Pater as chief executive officer and Mike
Pietrunti as president and chief operating officer.

Pater is currently president of KMA and Pietrunti is the company's
senior vice president of marketing and technical operations. Both men
assume their new positions on Nov. 1.

KMA is a leading provider of computer-connectable peripherals. KMA is
a group company of Kyocera Corp., the world's leading developer and
manufacturer of advanced ceramics and associated products.

TURNERSVILLE, N.J. (AP) _ Two more Wal-Mart stores will open Wednesday
in southern New Jersey, the company said.

The Wal-Mart in Turnersville will be a supercenter, the first such
Wal-Mart store in the state, and will be open 24 hours a day. The
company will also open a store in Audubon. The stores will create more
than 550 new jobs, Wal-Mart said.

www.nynewsday.com

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