Spectrum Brands to Relocate World Headquarters
January 19, 2012,
MADISON, Wis.-Spectrum Brands will move its world headquarters, several North American divisional operations and its technology center from here to the nearby community of Middleton, Wis., by the end of next year.
Dave Lumley, Spectrum's CEO, said, "In this challenging economic environment in which companies operate, we must reduce costs to maintain an operating structure aligned with today's market conditions, and enable Spectrum Brands to remain competitive and continue to grow over the long term." Lumley admitted that the company was close to a decision to move to Florida.