This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Manufacturer Of The World's Longest-lasting, Mercury-free Hearing Aid Batteries, Rayovac, A Division Of Spectrum Brands Holdings, Is Making New Investments In R&D And Manufacturing To Meet Growing Global Demand. (Photo: Business Wire)

Spectrum Brands Holdings, Inc. (NYSE: SPB), a diversified and global consumer products company with market-leading brands, announced today its Rayovac® global battery division, the world’s number-one selling hearing aid battery producer, will make another multi-million dollar investment over the next year in research and development and in its manufacturing plants to meet growing demand for the world’s longest-lasting, mercury-free hearing aid batteries.

Manufacturer of the world's longest-lasting, mercury-free hearing aid batteries, Rayovac, a division ...

Manufacturer of the world's longest-lasting, mercury-free hearing aid batteries, Rayovac, a division of Spectrum Brands Holdings, is making new investments in R&D and manufacturing to meet growing global demand. (Photo: Business Wire)

The investment, which will support product enhancements and new cell manufacturing and packaging lines, ensures that Rayovac’s two hearing aid battery facilities in the United States and the United Kingdom have the capacity to meet the increasing needs of hearing professionals and consumers worldwide.

Rayovac’s plants already are some of the most productive battery factories in the world, manufacturing hundreds of millions of battery cells each year which are exported to more than 100 countries. Emerging markets such as Latin America, China, India and Russia have powered demand for Rayovac’s hearing aid batteries, and technological innovations and expanded distribution have boosted sales in core markets.

“This investment will underpin the future success of Rayovac® in the global market, ensuring we expand our position as the leader and innovator in this growing battery category,” said Randy Raymond, Vice President of Rayovac®. “The new technologies our team is developing will help us to meet our commitment to hearing aid users and the global hearing healthcare industry to provide the longest-lasting, most reliable hearing aid batteries available. And, of course, it is a given that this effort is directed behind batteries that contain no added mercury.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs