Company News, Financial News

P&G Says Tornadoes

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By: TOM BRANNA

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Executives at Procter & Gamble Co., Cin- cinnati, said tornado damage to a snacks plant in Jackson, Tennessee may trim fourth-quarter sales growth. The plant sustained roof and water damage when it was hit by a tornado in May, according to reports. Although it is “too early to assess the damage to the plant,” according to a spokesperson, the damage will cause distruptions in P&G’s Pringles and Torengos snacks business. Executives added that the company has asset and business insuran...

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