Newell Brands Establishes New Global Headquarters
Home to Expanded Design and e-Commerce Teams
Operations in Atlanta, Norwalk and Boca Raton Unaffected
Newell Brands Inc. (NYSE: NWL) announced today that it will establish its new global headquarters in Hoboken, New Jersey. The
company will also invest in creating a second hub for advanced design, and will expand its e-Commerce activities to serve the new
larger company in the same location. The announcement follows the recent combination of Newell Rubbermaid Inc. and Jarden
Corporation, which was completed on April 15, 2016, forming a new $16 billion consumer goods powerhouse.
“Our new headquarters will serve as an important business hub for our executive team, certain corporate functions and the
company’s Transformation Office. It will also enable us to continue expanding our global e-Commerce and Design teams. Having an
additional facility for these key functions enables us to drive future growth and innovation for our new portfolio of leading
brands,” said Newell Brands Chief Executive Officer Michael Polk.
“Our choice to locate these capabilities in our new headquarters represents our commitment to scaling these strategic growth
drivers for the size and potential of our new company. Our new location will unlock tremendous access to talent in these areas as
we build a new future together,” Polk added.
The New Jersey Economic Development Authority worked closely with Newell Brands to structure $27 million in tax incentives which
will help offset the costs associated with the new facility. Newell Brands expects the build out of its new facility to be ready
for occupancy in the fall of 2016. The company will continue to maintain its current business hubs in Atlanta, Boca Raton and
Norwalk, as well as its design center in Kalamazoo, Michigan.
About Newell Brands
Newell Brands (NYSE: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including
Paper Mate®, Sharpie®, Dymo®, EXPO®, Parker®, Elmer’s®, Coleman®, Jostens®, Marmot®, Rawlings®, Irwin®, Lenox®, Oster®, Sunbeam®,
FoodSaver®, Mr. Coffee®, Rubbermaid Commercial Products®, Graco®, Baby Jogger®, NUK®, Calphalon®, Rubbermaid®, Contigo®, First
Alert®, Waddington and Yankee Candle®. Driven by a sharp focus on the consumer, leading investment in innovation and brands, and a
performance-driven culture, Newell Brands helps consumers achieve more where they live, learn, work and play.
This press release and additional information about Newell Brands are available on the company’s website, www.newellbrands.com.
Media Contacts:
Newell Brands Inc.
Racquel White, +1-770-418-7643
Vice President, Global Communications
racquel.white@newellco.com
or
Weber Shandwick
Liz Cohen, +1-212-445-8044
liz.cohen@webershandwick.com
or
Investor Contact:
Nancy O’Donnell, +1-770-418-7723
Vice President, Investor Relations
nancy.odonnell@newellco.com
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