Wednesday, May 27th20.4°C
26402
25218

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.

The Canadian Press


Read more Business News

26255


Recent Trending




Today's Market
S&P TSX15110.47+59.66
S&P CDNX690.62-1.34
DJIA18162.99+121.45
Nasdaq5106.59+73.84
S&P 5002123.48+19.28
CDN Dollar0.8018-0.0012
Gold1187.40-16.90
Oil58.58+0.35
Lumber274.00-0.40
Natural Gas2.81-0.01

 
Okanagan Companies
Pacific Safety0.13-0.01
Knighthawk0.010.00
QHR Technologies Inc1.50-0.01
Cantex0.03-0.01
Anavex Life Sciences0.42-0.01
Metalex Ventures0.08-0.01
Russel Metals25.51+0.30
Copper Mountain Mining1.28+0.00
Colorado Resources0.11+0.01
ReliaBrand Inc0.0139+0.0059
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.155+0.005
Decisive Dividend Corporation2.10+0.16

 



26341

FEATURED Property
2302922#218-665 Cook Road
2 bedrooms 2 baths
$509,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Cash stressed seniors

Photo: Thinkstock.comFor many Canadian homeowners, their house represents the biggest portion of their net worth. Now, increasing numbers of seniors are starting to recognize the hidden value of their...


Do or do not

Photo: Thinkstock.com“The optimist sees the rose and not its thorns; the pessimist stares at the thorns, oblivious of the rose.” - Kahlil Gibran Good planning is all about managing chan...


Penetrate the smokescreen

Photo: ContributedHas this ever happened to you? You’re in the middle of your second or third “good discussion” with a prospect. Everything’s going great. The prospect seems en...

_



26418

26363


Member of BC Press Council


25334