Best 4th Of July Fireworks Requires Global Supply Chain To Sparkle [Forbes]
Colgate-Palmolive Company (CL)
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Source: Forbes
sparkle during 4th of July celebrations is much more time consuming. The primary reason is their origin, as around 90% of fireworks purchased in America—around $2.3 billion worth in 2023— Let's take a closer look at the fireworks journey across the entire and how cutting-edge tech ensures plenty of fireworks arrive in time for this iconic American holiday. A volatile and labor-intensive manufacturing process Fireworks have been around for over 2000 years, and like many great inventions, were allegedly discovered by accident. History has it that in about 200 BC, in China, it was discovered that bamboo, when thrown into a fire exploded with a “bang.” But it took another 1,000 years (around 800 AD) until a Chinese alchemist, looking to discover the secret to eternal life, decided to mix sulfur, charcoal, and potassium nitrate. The concoction caught on fire, and “bang,” gunpowder was born. The first “firework was created by packing this combustible powder into bamboo and paper tubes a
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CL
Earnings
- 4/26/24 - Beat
CL
Sec Filings
- 6/25/24 - Form 11-K
- 6/25/24 - Form 11-K
- 6/4/24 - Form 144
- CL's page on the SEC website