Partner Article
Washington battery manufacturers to benefit from parent's $10 million investment
Global hearing aid battery manufacturer, Rayovac, which operates a Washington factory, is set to benefit from $10 million of investment from its US parent firm.
Spectrum Brands Holdings Inc is investing in the Spectrum Brands Institute of Design and Technology building in the US, which will house development of Rayovac’s technologies - much of which is produced at its North East plant.
The new Institute will provide an additional 20% more space than Spectrum’s prior facility devoted to research and product development.
Glen Rutherford, general manager at Rayovac, said: “The new Institute of Design and Technology represents an exciting step forward for Spectrum Brands and Rayovac is set to hugely benefit from the multi-million dollar investment.
“Over 100 years’ of history and innovation has seen Rayovac lead the way in quality, service and value for retailers and consumers across the world.
“The significant investment made by the company demonstrates its absolute commitment to continue the growth and development of new and existing product lines, and ultimately exceed customer expectations in the 21st Century.
“Millions of hearing aid battery users from across the globe are set to now benefit from the technological advancements. As our continuous sales growth across global export markets demonstrates, demand for Rayovac products is high and we’re excited to take this next step forward for hearing aid users, the environment and the global healthcare industry as a whole.”
Rayovac exports to over 100 countries worldwide and last year invested £1 million in its North East facility.
This was posted in Bdaily's Members' News section by Tom Keighley .
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