Gillette announces cost cutting

EAST BOSTON — Gillette Co. announced that it was stepping up its cost cutting of its manufacturing processes next year in an effort to boost its earnings ratio. The manufacturer of razors, toiletries and batteries said it was aiming at a 6 percent reduction in costs next year, compared with four percent in previous years. While continuing to manufacture its razors and batteries, Gillette said it would try to hire outside manufacturers to produce its hair removal products, oral care and portable powers and batteries. The company said it plans would not affect its South Boston factory.

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