Spectrum Brands to Invest $40 Million On Its Wisconsin Operations and Add Jobs
11/29/2011
The consumer products giant manufactures Rayovac batteries, Remington shavers, Repel bug repellent, Toastmaster and George Foreman small appliances as well as many other name-brand products for U.S. and global markets.
The Wisconsin Economic Development Corporation will give the company a $4 million award if it retains its existing 470 jobs in the Madison area and spends at least $40 million on capital investments.
"Since our origins, more than 100 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 Spectrum's CEO Dave Lumley. "We appreciate this award. as we have made a commitment to retain our headquarters and operations in Wisconsin and invest in our future in the state."
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