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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Johnson and Johnson | NYSE:JNJ | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.36 | 0.24% | 148.94 | 149.73 | 148.89 | 149.38 | 1,706,314 | 17:18:44 |
From May 2019 to May 2024
By Josh Beckerman
Energizer Holdings Inc. (ENR) will close its feminine-care products facility in Montreal by early 2017.
The site has about 430 employees. Energizer has more than 13,000 workers overall.
The closing, part of previously announced restructuring efforts, is a "difficult but necessary decision to maintain the company's position in this highly competitive business," Energizer said Tuesday.
Production will be consolidated into a Delaware facility.
The Montreal site was part of the October purchase of the Stayfree, Carefree and o.b. brands in the U.S., Canada and the Caribbean from Johnson & Johnson (JNJ).
Energizer announced a restructuring plan in late 2012 and expanded the effort in January 2014, projecting total savings of $350 million.
In April, the company said it would split into two publicly traded companies by separating its ailing battery business from its better performing personal-care business, home to brands including Schick and Banana Boat.
Write to Josh Beckerman at josh.beckerman@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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