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November 3, 2006
By: TOM BRANNA
Boosted by product innovations, operating improvements, sales force investments and better pricing, Ecolab said its third-quarter profit surged by 13%. Net income rose to $110.4 million. Revenue gained 11% to $1.29 billion. “We enjoyed a terrific quarter as we benefited from investments in our sales force, new product innovations, operating improvements and better pricing,” said Douglas M. Baker Jr., chairman, president and chief executive of Ecolab.
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