Building Addition to Accommodate Expected Continued Growth
Spectrum Brands Holdings, Inc. (NYSE: SPB), a global consumer products
company offering an expanding portfolio of leading brands providing
superior value to consumers and customers every day, announced plans
today to expand capacity at its world headquarters building in
Middleton, Wisconsin to accommodate expected continued growth over the
next several years.
The 30,000-square-foot addition at the south end of the four-story,
220,000-square-foot world headquarters at 3001 Deming Way in Middleton
is scheduled to be completed in the spring of 2017 with groundbreaking
set for next month. The new positions are expected to be
multi-functional in administration, marketing and technology.
In October 2013, the Company moved into its more economical and
energy-efficient global headquarters building that also houses several
North American divisional operations, North American shared services and
an expanded, state-of-the-art technology center to accelerate new
product development for the global battery, personal care and home
appliances businesses. The Middleton facility was built to accommodate
as many as 675 positions, a capacity level nearly reached 2-1/2 years
later.
“Since our origins 110 years ago as a battery manufacturer on Madison’s
east side, our Company has played a significant role as a major employer
in Dane County and other parts of Wisconsin,” said Andreas Rouvé, Chief
Executive Officer of Spectrum Brands Holdings. “We are pleased to
further increase our long history of investment in Wisconsin, which adds
to our nearly $100 million of direct economic impact on the state each
year.”
In addition to its world headquarters in Middleton, Spectrum Brands
maintains Wisconsin battery manufacturing plants in Fennimore, with 320
employees, and Portage, with 200 employees.
The building expansion will be developed and owned by the Livesey
Company, a family-owned, commercial real estate development company
based in Middleton that developed and owns the Spectrum Brands world
headquarters building.
About Spectrum Brands Holdings, Inc.
Spectrum Brands Holdings, a member of the Russell 2000 Index, is a
global and diversified consumer products company and a leading supplier
of consumer batteries, residential locksets, residential builders’
hardware, plumbing, shaving and grooming products, personal care
products, small household appliances, specialty pet supplies, lawn and
garden and home pest control products, personal insect repellents, and
auto care products. Helping to meet the needs of consumers worldwide,
our Company offers a broad portfolio of market-leading, well-known and
widely trusted brands including Rayovac®, VARTA®, Kwikset®, Weiser®,
Baldwin®, National Hardware®, Pfister®, Remington®, George Foreman®,
Russell Hobbs®, Black+ Decker®, Tetra®, Marineland®, Nature’s Miracle®,
Dingo®, 8-in-1®, FURminator®, IAMS®, Eukanuba®, Digest-eeze™,
Healthy-Hide®, Littermaid®, Spectracide®, Cutter®, Repel®, Hot Shot®,
Black Flag®, Liquid Fence®, Armor All®, STP® and A/C PRO®. Spectrum
Brands' products are sold by the world's top 25 retailers and are
available in more than one million stores in approximately 160
countries. Based in Middleton, Wisconsin, Spectrum Brands Holdings
generated net sales of approximately $4.69 billion in fiscal 2015. For
more information, visit www.spectrumbrands.com.
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