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Nov. 9, 2012MARYVILLE, MO | By: Coffey
Employees of the Energizer manufacturing plant in Maryville received bad news yesterday.
Energizer Holdings, based in St. Louis announced a restructuring plan that includes the closing of the Maryville battery manufacturing plant. The Maryville facility will be one of three to close In a release from Energizer Holdings headquarters, the company's restructuring plan is designed to cut costs by approximately 200 million dollars. The multi-year plan is expected to reduce Energizer's global workforce by more than ten percent or approximately one thousand five hundred employees. The Maryville Energizer plant manufactures C, double-A, 4-A and 9 volt alkaline batteries and will cease operations by December 2013. The timing of the production phase-out and layoffs has not yet been determined. The approximately 310 hourly and salaried employees at the facility will receive severance packages upon separation. According to a statement released by plant manager Hugh Belgarde...the closing of the Maryville facility was made necessary because of dramatic changes in the overall battery market over the past three to four years. With increased use of rechargeable electronic devices with multiple features, primary battery sales continue to decline in developed markets worldwide.