Energizer

Energizer Bunny
Energizer Holdings Inc.

St. Louis-based Energizer Holdings Inc. is splitting into two companies. The complicated move was announced in April 2014 and takes effect July 1.

It is the beginning of a new chapter for a company that dates back more than 100 years with the Wilkinson Sword brand razor.

Transcript

DAVID GREENE, HOST:

And now, let's turn to today's business bottom line. As more people buy smartphones and other devices that run on rechargeable batteries - this will come as no surprise - sales of single-use, disposable batteries are dropping; and that is not without consequences. Energizer announced this month that the company will close three plants because of decreased demand. That is a 10 percent cut of its global workforce. Vermont Public Radio's Kirk Carapezza reports on one community that is feeling the pain.