Energizer To Close Of Montreal Facility - Quick Facts

(RTTNews) - Consumer goods company Energizer Holdings Inc (ENR) said Tuesday it will close its feminine care facility in Montreal, Quebec by early 2017 as part of previously announced restructuring program.

Energizer, based in St. Louis, Missouri, said costs and savings from the closure are included in the estimated $350 million in total restructuring costs and $300 million in total gross restructuring savings.

"This was a difficult but necessary decision to maintain the company's position in this highly competitive business," said David Hatfield, President and Chief Operating Officer, Energizer Personal Care.

Feminine Care production at the Montreal facility will be consolidated into the company's Delaware facility; thereby maximizing cost and efficiencies. Consolidation will happen in phases from the summer of 2015 through early 2017. The Montreal facility currently employs 430 workers.