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.
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