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Colgate-Palmolive Company Invests in Growth of its Hill’s Pet Nutrition Business with Agreement to Buy Three Manufacturing Plants from Red Collar Pet Foods

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company plans to purchase three dry pet food manufacturing plants in the U.S. from Red Collar Pet Foods for $700 million to support the global growth of its Hill’s Pet Nutrition business.The plants - in Orangeburg, South Carolina; Clinton, Oklahoma; and Washington Court House, Ohio - will be integrated into Hill’s global supply network to produce dry pet food for Hill’s Science Diet and Prescriptio...

NEW YORK--(BUSINESS WIRE)--Colgate-Palmolive Company plans to purchase three dry pet food manufacturing plants in the U.S. from Red Collar Pet Foods for $700 million to support the global growth of its Hill’s Pet Nutrition business.

The plants - in Orangeburg, South Carolina; Clinton, Oklahoma; and Washington Court House, Ohio - will be integrated into Hill’s global supply network to produce dry pet food for Hill’s Science Diet and Prescription Diet brands. The purchase agreement includes the transfer of the approximately 350 employees involved in the dry pet food operations.

Hill’s is currently building a new canned pet food manufacturing facility in Tonganoxie, Kansas, scheduled to begin production next year, and in April completed the acquisition of a canned pet food plant in Italy, also to meet demand for its science-led pet nutrition diets.

“Our Hill’s business is growing well, and we continue to invest to expand production capacity, improve our capabilities with initiatives like our new Small Paws Innovation Center, and better engage pet parents, veterinarians and Hill’s retail partners,” said Noel Wallace, Chairman, President and Chief Executive Officer of Colgate-Palmolive Company. “This investment will help further strengthen the Hill’s business today and for the long term.”

John Hazlin, President of Hill’s Pet Nutrition, added: “Hill’s is committed to enriching and lengthening the special relationship between people and their pets, and this additional production capability will help us reach more pets with our science-led foods and enable us to raise the level of service we provide to the specialty retailers and veterinary professionals that offer our products. We look forward to welcoming members of the Red Collar team to the Hill’s family.”

The acquisition is subject to regulatory approval and other closing conditions. The acquisition is not included in our current guidance, and is not expected to have a material impact on diluted earnings per share in 2022.

Red Collar, an Arbor Investments portfolio company, will manage the dry pet food private label business for a transition period and will continue to own and operate its pet treats business and facilities.

Wachtell, Lipton, Rosen & Katz acted as legal advisor to Colgate-Palmolive and Perella Weinberg Partners LP acted as financial advisor to Colgate-Palmolive on the transaction. Kirkland & Ellis LLP served as legal advisor to Red Collar Pet Foods, and Centerview Partners LLC served as financial advisor to Red Collar Pet Foods on the transaction.

About Colgate-Palmolive Company

Colgate-Palmolive Company is a caring, innovative growth company reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children’s oral health through the Colgate Bright Smiles, Bright Futures program, which has reached more than 1.4 billion children since 1991. For more information about Colgate’s global business and how we are building a future to smile about, visit www.colgatepalmolive.com. CL-C

About Hill's Pet Nutrition

Founded more than 80 years ago with an unwavering commitment to science-led pet nutrition, Hill's Pet Nutrition is on a mission to help enrich and lengthen the special relationships between people and their pets. Hill's is dedicated to pioneering research for dogs and cats using a scientific understanding of their specific needs. As a leading veterinarian recommended pet food brand, knowledge is our first ingredient with 220+ veterinarians, PhD nutritionists and food scientists working to develop breakthrough innovations in pet health. Hill's Prescription Diet therapeutic nutrition plus our everyday foods, Hill's Science Diet, Hill's Healthy Advantage and Hill's Bioactive Recipe, are sold at vet clinics and pet specialty retailers worldwide. For more information about our products and nutritional philosophy, visit HillsPet.com or HillsVet.com.

Cautionary Statement on Forward-Looking Statements

This press release may contain forward-looking statements (as that term is defined in the U.S. Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission (SEC) in its rules, regulations and releases) that set forth anticipated results based on management’s current plans and assumptions. Such statements may relate to the expected impact on 2022 earnings, among other matters. These statements are made on the basis of the Company’s views and assumptions as of this time and the Company undertakes no obligation to update these statements whether as a result of new information, future events or otherwise, except as required by law or by the rules and regulations of the SEC. Moreover, the Company does not, nor does any other person, assume responsibility for the accuracy and completeness of these statements. The Company cautions investors that any such forward-looking statements are not guarantees of future performance and that actual events or results may differ materially from those statements. For more information about factors that could impact the Company’s business and cause actual results to differ materially from forward-looking statements, investors should refer to the Company’s filings with the SEC (including, but not limited to, the information set forth under the captions “Risk Factors” and “Cautionary Statement on Forward-Looking Statements” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 and subsequent Quarterly Reports on Form 10-Q). Copies of these filings may be obtained upon request from the Company’s Investor Relations Department or on the Company’s website at www.colgatepalmolive.com.

Red Hill Baptist Church providing rural community access to Coronavirus safety

GADSEN, SC — With recent DHEC data showing a continued increase in Coronavirus cases in the Midlands, one local church is going the extra mile in keeping the community and their members safe....

GADSEN, SC — With recent DHEC data showing a continued increase in Coronavirus cases in the Midlands, one local church is going the extra mile in keeping the community and their members safe.

A pillar for the community is what many call the Red Hill Baptist church as they work to help Lower Richland.

Pastor Donnie Chambers and his wife help with daily Coronavirus testing for the community at the church, but Sunday they went a step further.

“There’s a number of things that draw people, the fact of the food also the fellowship and just knowing they can get the vaccine also with the testing site we’re trying to give back to the community," says Chambers.

Sunday, Red Hill Baptist church provided Coronavirus testing, vaccines, boosters and a hearty meal for the community.

“The churches are responsible for helping the community to grow and also helping them to have opportunities they cannot afford other places," Chambers told WACH FOX News.

Chambers says he hopes resources like this help more people get vaccinated, especially in minority communities.

“It seems like sometimes we’re the last on the totem pole so this is especially good for our community so we can bring the vaccine and also the testing site to them," Chambers explained.

Health Force LLC and Black Health Prevention network worked together to provide the testing and shots to underrepresented communities like Gadsen.

“The church has been historically a place of not just spiritual comfort but also a place of education and civil rights and this is a social justice issue in giving people access," says Dr. Bambi Gadddist, with the Black Health, HVTN prevention network.

“Our main goal is that we play a vital role in being able to make sure that folks can get the vaccine and get tested," says Charles Aiken, with Health Force LLC.

Community members say they’re grateful for the help.

“I feel like it makes it very easier, especially how it’s just right here and local, like anyone can pull up and get tested," Dallas Washington a member of the community told WACH FOX News.

New non-profit fights to preserve history of five black communities in Clemson

CLEMSON, SC (WSPA)–The Shaw Center, a new non-profit in Clemson, needs your help as it fights to preserve historically black communities in the city. The group hopes this plan with tackle gentrification.As Clemson continues to grow, the George and Roszena Shaw Center for Housing and Economic Growth, is working to sustain five black neighborhoods. Organizers hope with the help of the community, they can make repairs and restore many homes.Rosa Grayden remembers her life growing up in the Calhoun District. Grayden said appr...

CLEMSON, SC (WSPA)–The Shaw Center, a new non-profit in Clemson, needs your help as it fights to preserve historically black communities in the city. The group hopes this plan with tackle gentrification.

As Clemson continues to grow, the George and Roszena Shaw Center for Housing and Economic Growth, is working to sustain five black neighborhoods. Organizers hope with the help of the community, they can make repairs and restore many homes.

Rosa Grayden remembers her life growing up in the Calhoun District. Grayden said approximately 100 acres used to be owned by her grandparents, George and Roszena Shaw.

“When my family decided to sell the land, they sold it for a few thousand. I believe my daddy’s share was either $8,000 or $10,000. That’s millions across the road, when we could have just rented out the land, and could’ve been used for the legacy. By this happening, at first I lost hope,” Grayden said. “It means a lot because we’re losing our legacy here in Clemson,” she said.

Grayden’s grandfather was said to be a convict, who helped build Clemson University. Later, he purchased the land on which you might see today, filled with restaurants along Tiger Boulevard before it was sold.

“By me crying now, I’m able to get up and move forward and help other people, talk to other people if it’s nothing but listening, and letting them know that I’m here to help,” Grayden said.

“It seems like student housing is more prevalent than residential,” Grayden said.

The Shaw Center, started work last Summer, to beautify and preserve the historic black communities.

“Well affordable housing in Clemson has been an issue for a very long period of time. And so what we are trying to do and as the name states, this is about affordable housing within our historic black communities in Clemson,” said John Fulmer, chair of the George and Roszena Shaw Center for Housing and Economic Growth. “There are roughly five of those communities here. And obviously it’s going to be about the preservation of these communities, which has been an issue with gentrification.”

“What we’re trying to do at this stage of the game, is take that $100,000 for example, and maybe fix or repair 10 to 12 houses or whatever the case may be, and bring those homes up to a more livable standard,” Fulmer said.

Fulmer, said the work will be done in Cadilliac Heights, the Calhoun District, the Abel, Vista, and Red Hill neighborhoods.

“They’d like to see some areas cleaned up. They’d like to see… fixed or demolished. There’s also issues with underbrush, trees and those types of things, but it’s essentially about further beautifying their neighborhoods,” Fulmer said.

Organizers will also educate and help families with legal things.

“There’s also what I would call, housing related issues that go with that, such as titles or surveys…property, wills, powers of attorneys, those types of things, that we intend to also help the community with on a pro bono bases,” Fulmer said.

“Through the survey, it will help empower them with the knowledge,” Grayden said. “It’s important to me for them not to lose what I lost,” she said.

With donations from the community, input, and helping hands, the group hopes together they can save and protect Clemson’s black communities for ages to come.

“Because this right here, we going to save our community, one house at a time. It’s coming,” Grayden said. “I’m going to work for my people. That’s it, point blank. And I love what I do, even through the storm, and I’m not going to stop fighting,” she explained.

The Shaw Center has created a “needs survey”, to help identify the work that needs to be done. They’ve received 15 surveys back thus far, and desire many more.

The non-profit is also asking for donations to start the restoration that needs to be done, and labor workers to help when that begins.

To get involved with this organization, email John Fulmer at johnlfulmer@gmail.com. You can also email Rosa Grayden at grosa@clemson.edu.

South Carolina-to-Jacksonville pipeline could use old eminent domain laws to take needed land

SAVANNAH | Energy giant Kinder Morgan plans to build its Palmetto Pipeline across 210 miles of Georgia to tie into an existing pipeline and bring gasoline and diesel from the Gulf Coast and ethanol from South Carolina to terminals in North Augusta, S.C., Richmond Hill, Ga., and Jacksonville.Petroleum pipelines have a peculiar past in Georgia. Their history was built on support of national defense in World War II and altered in the 1990s by angry and influential plantation owners.Now, a new chapter that's unfolded...

SAVANNAH | Energy giant Kinder Morgan plans to build its Palmetto Pipeline across 210 miles of Georgia to tie into an existing pipeline and bring gasoline and diesel from the Gulf Coast and ethanol from South Carolina to terminals in North Augusta, S.C., Richmond Hill, Ga., and Jacksonville.

Petroleum pipelines have a peculiar past in Georgia. Their history was built on support of national defense in World War II and altered in the 1990s by angry and influential plantation owners.

Now, a new chapter that's unfolded with a series of bureaucratic missteps is testing a 20-year-old Georgia law for only the second time.

As currently mapped, the pipeline would affect 396 landowners over a dozen Georgia counties as it snakes along the Savannah River and down the coast to Florida.

The vast majority is private property. Kinder Morgan will try to reach agreements with landowners for one-time payments for the perpetual use of a 50-foot-wide strip of their land. Landowners will retain ownership and continue to pay property taxes on the land.

Where they don't agree and the pipeline can't be re-routed, Kinder Morgan will need to condemn property through eminent domain.

That issue is at the heart of the Georgia law on petroleum pipelines that proof of a public need is necessary to secure the right to exercise eminent domain. But it wasn't always that way.

Pipeline companies won the right to condemn property to protect the homeland in World War II, said Joe Tanner, of Joe Tanner and Associates, an environmental consulting and lobbying firm in Atlanta.

"They were given right of eminent domain way back then," said Tanner, a former director of the Georgia Department of Natural Resources.

'RED HILL PLANTATIONS'

The law stayed that way until an effort to build across Georgia's "red hill plantations,'' Tanner said.

Georgia actually resisted pre-war efforts to construct two pipelines that eventually ran as far north as North Carolina, according to a history recounted in a 2015 University of Iowa Law Review article, "Transporting Oil and Gas: U.S. Infrastructure Challenges."

Georgia lawmakers were protecting the interests of the railroads, but heightened national security concerns wouldn't allow them to continue to do so for long. In July 1941, even before the U.S. entered the war, Congress passed the Cole Act, which gave interstate pipelines the power of eminent domain in cases where the president determined it necessary for national defense.

Two pipelines crossing Georgia were built in 1941 and 1942. Two other pipelines, the Big Inch and Little Big Inch running from Texas oil wells through refineries in the Midwest and ultimately to the East Coast were crucial to the war effort.

Federal eminent domain authority for oil pipelines expired in 1943, and condemnation rights reverted to the states. It's now governed by a hodgepodge of state laws, many of them - including those of Florida and South Carolina - granting petroleum pipelines nearly the same blanket authority that the federal government gave as it braced for a world war.

PECANS AND QUAILS

That's where Georgia law stood until 1993, when a pipeline running through the Fort Valley pecan orchard of a state representative leaked thousand of gallons of gasoline, fouling his well.

The pipeline's owner, Colonial Pipeline, also was planning to route a new pipeline through the Red Hills region, home to quail plantations and their wealthy owners.

That proved unwise.

In response to the leaks, the General Assembly placed a year-long moratorium on pipeline companies' eminent domain right. And then-Gov. Zell Miller gave Tanner the task of working with landowners to come up with legislation limiting the rights of pipeline companies once the moratorium expired.

Tanner recalled that pipeline companies were accustomed to getting what they wanted with little resistance.

"The president of one of the companies came up on Capitol Hill and asked to see me. I went in, and he almost accosted me, saying 'Who the hell do you think you are? This is a national defense issue.'"

During World War II it was, Tanner replied, but no longer.

"That's when they revoked eminent domain," Tanner said. "[The pipeline executive] got religion in working out the final compromise."

That compromise gave the pipeline companies two regulatory hoops to jump through before they could condemn property. They must get a certificate of need from the Georgia Department of Transportation and a permit from the Environmental Protection Division.

These rules apply only to petroleum pipelines. The siting of interstate natural gas pipelines is governed by the Federal Energy Regulatory Commission.

Tanner, whose company has offered its services to Kinder Morgan, sees the use of eminent domain as inevitable in this case.

OUTDATED DATA

On Feb. 13, Kinder Morgan applied for its certificate of need from the Georgia DOT, making it only the second company to test this procedure.

After public outcry and a consultation with the Georgia attorney general's office, the DOT announced it would conduct one public hearing, the minimum required by law. It's scheduled for April 21 in Richmond Hill near where the pipeline makes its right turn toward Florida.

In a letter dated March 18, DOT deputy Commissioner Todd Long requested more information from Kinder Morgan to justify the need for its pipeline.

But some of what Long requested was already available publicly, such as the pipeline capacity, which the company has said repeatedly will be 167,000 barrels per day. Long also asked the amount and percentage of petroleum that would be made available to Georgians. Kinder Morgan has stated at its open houses, the transcripts of which were submitted to DOT, that the Richmond Hill terminal will be able to handle 25,000 barrels per day.

At a recent meeting and in a discussion with the Savannah Morning News earlier this month, company executives upped the volume estimate of what's ultimately to be delivered to Georgia markets in the Augusta, Savannah and Jacksonville areas from 50% to 60% of the pipeline's capacity.

What Kinder Morgan hasn't offered, and DOT hasn't openly requested, is evidence the pipeline will increase competition, decrease prices, produce a net increase in jobs or provide a safety net for gasoline supply in Georgia.

The only other application for a needs certificate - the one ultimately granted to Colonial Pipeline in 2007 - gave details of the cost savings of that pipeline, indicating it would beat then-available shipping and trucking by 10 cents per gallon.

No such specificity has been provided by Kinder Morgan. And some of what the company has provided appears to be outdated.

"Currently, marine transport is the only source of supply to Savannah and Jacksonville markets," the company wrote in its application, explaining that the pipeline would minimize the effects of a hurricane on the gasoline supply to Savannah.

That's no longer how Savannah gets its gasoline, said Chad Gleaton, Savannah terminal manager for Associated Petroleum Carriers, a trucking company.

For about four years, trucking gasoline from inland terminals in Macon and North Augusta has been the nearly exclusive means of getting the product to the pump for a competitive price.

"I'd say out of 100 gallons of fuel 95 are pulled from alternate terminals," Gleaton said. "Before that it was just the opposite. It's been wonderful for us. It's created a market we never knew existed. If the trucks ever stop coming, the Savannah economy is going to be affected tremendously."

'SHOW ME THE MONEY'

Kinder Morgan's estimates of delivery volumes to Georgia markets come with the caveat that the company doesn't control the actions of its shippers. But it also refuses to reveal who its shippers are or what tariffs they'll pay, citing confidentiality agreements.

In an interview with the Savannah Morning News, Kinder Morgan executives Allen Fore and Brian Williams again declined to provide the tariffs. Tariff information would only become public after the pipeline is in operation, they said.

"If you have an additional supply that wasn't there before and there's a competitive choice and options for gas stations or whatever it may be, that should have a positive impact on prices," said Fore, vice president for public affairs. "It should, but there are a lot of other market influences that are way beyond our control that we can't guarantee that."

CRITICS ZERO IN

Critics say the only way to analyze whether prices would decrease is to compare the pipeline's rates to current transportation options. The tariff schedule submitted to federal regulators outlined a tiered system that favors high volume over low but didn't indicate actual rates.

"They're asking for the most intrusive government power that's out there, to take private land, and they don't feel obligated to give us the details of their pricing structure?" asked Ryan Chandler, vice president for business development at Savannah-based Colonial Group Inc., which is not affiliated with Alpharetta-based Colonial Pipeline Company.

The 25,000 barrels per day promised for a Richmond Hill terminal outstrips the Savannah metropolitan area's 20,000 barrel per day consumption, Chandler said.

Moreover, demand is down 15 percent statewide from a peak in 2005 to 2012, according to the federal Energy Information Administration. That trend is expected to continue. And shippers are likely to bypass Savannah in favor of the Jacksonville market where they can make more money.

A check of prices on April 6 indicated the lowest wholesale pre-tax price for branded gas in Jacksonville was $1.6716 a gallon compared to $1.6235 in Savannah. In a business that scrutinizes price to the fourth decimal place, that's a huge difference, Chandler said.

He said he fears that big oil, particularly ExxonMobil, co-owner of the existing Plantation Pipeline the Palmetto will connect into, will be able to control the supply chain into Savannah and ultimately force out competition.

"How is it our state would ever be interested to allow a Texas company to disadvantage Georgia companies, expose Georgia jobs to risk and potentially create a fuel supply monopoly dominated by big oil companies out of Texas?" asked Chandler, whose company already competes with about two dozen marketers in getting gasoline into Savannah, handling up to 15 percent of the market share.

Steve Caley, an attorney with Atlanta-based GreenLaw, which represents environmental interests in the pipeline discussion, also finds the data vacuum troubling. It cripples public participation in evaluating Georgians' need for the pipeline, he said.

"Show me the money," Caley said. "Not only should it be disclosed to DOT, but the public has the right to comment on the application. How can you comment if you're not given the basic information?"

Man makes his dream of a small park in his hometown a reality

Stokes Legacy Park has been open for almost a year but, David Stokes Jr. says he wants more people to know it's here and he plans to continue adding equipment.CASSATT, S.C. — David Stokes Jr. is a lifelong resident of the rural community of Cassatt.The unincorporated area of the town is located between Camden and Bethune and only has one intersection, but it's home to many like Stokes. In 2007, he bought land from another resident back and decided...

Stokes Legacy Park has been open for almost a year but, David Stokes Jr. says he wants more people to know it's here and he plans to continue adding equipment.

CASSATT, S.C. — David Stokes Jr. is a lifelong resident of the rural community of Cassatt.

The unincorporated area of the town is located between Camden and Bethune and only has one intersection, but it's home to many like Stokes. In 2007, he bought land from another resident back and decided to transform the space into a community park called, "Stokes Legacy Park" which he says he named after his father, who he says was a good man.

"A vision, you know I'm always one of those guys that I don't believe when a person tells me I can't do something or it's not a good idea, I do it anyway because it's in my heart," says Stokes Jr., Park Creator.

Stokes Jr. used to play baseball with those in the community and they would go from park to park each week,, including the land that he purchased. He eventually decided he wanted to make it a permanent place and when the site became available, he developed it.

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"I said well once I get some property I'm going to build one and it's not going anywhere, we don't have to changing you know back and forth and depending on other people to do things," he added.

The site has turned into more than a baseball field: it now has a basketball court, swings, slides, and even a building with a fireplace on the outside. But Stokes Jr. says there is more work to be done.

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"The biggest thing for the children, I'm trying to find a nice playground or whatever for 5-12 to play on so that's one of my next big issues," he adds.

He wants those nearby to come to relax and have fun rather than having to drive 10 to 20 minutes in either direction to Camden or Bethune.

"There's not a park anywhere close, so for someone to do that to give them something other than staying at home and playing on video games, they're just so happy about it," says Tracy Paul, Owner of HWY1 Cafe, located right in front of the park.

"It means a lot for the kids, he works with the kids out there cleaning the land, and they all helping him towards it," adds Resident Tony Wilson.

Stokes Jr. says those who come must follow the rules listed on the gate when entering.

The park is located at 1912 Red Hill Church Road, Cassatt, SC, 29032.

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