Energizer Holdings to close Montreal feminine care plant, affecting 430 workers
ST. LOUIS - Consumer goods maker Energizer Holdings Inc. plans to close its feminine hygiene products plant in Montreal by early 2017, affecting 430 workers.
The U.S.-based company says production will be consolidated at its facility in Delaware in phases, beginning next summer.
Energizer (NYSE:ENR) says the shutdown is part of its previously announced restructuring plan that will result in US$350 million in restructuring costs and US$300 million in total gross savings.
"This was a difficult but necessary decision to maintain the company's position in this highly competitive business," stated David Hatfield, president and chief operating officer of Energizer Personal Care.
Energizer's personal care products operations make shaving systems, absorbant feminine care products, sunscreen and infant products around the world for established brand names including Schick, Edge, Playtex, Hawaiian Tropic and Wet Ones. Its household products division makes Energizer and Eveready battery brands.
Read more Business News
- Eagle rescued at seaBC - 10:28 am
- Jail sex case was boisterousKamloops - 7:10 am
- Borba trial to resume next monthPenticton / S. Okanagan - 5:00 am
- Council grabs attentionWest Kelowna - 5:00 am
|QHR Technologies Inc||1.30||+0.03|
|Anavex Life Sciences||0.199||-0.0205|
|Copper Mountain Mining||2.43||+0.03|
|Sunrise Resources Ltd||0.02||-0.005|
|Mission Ready Services||0.27||0.00|
“Is this a fair offer from ICBC?”…. “How much should I settle for?”… “What is my claim worth?” These are just some of the questions I regularly get as...
Last night I was privileged to be able to speak at the Greater Westside Board of Trade business awards dinner. Photo: ContributedI talked about Innovation and Collaboration which are two very interes...
There will be a time when you will need to decide who you should appoint as executor of your Will. As well, there may be a time when you will be asked by someone to act as the executor of his or her W...