Newell Brands Inc. Locates World Headquarters In Hoboken, New Jersey
05/13/2016
The company’s strong portfolio of well-known brands, include; Paper Mate, Sharpie, Coleman, Lenox, Oster, Sunbeam, Mr. Coffee, Rubbermaid and Yankee Candle among many others.
According to company officials, 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 CEO 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.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024