Company News

PartyLite To Move Manufacturing Center

UK hub will shut its doors and production will move to Illinois.

PartyLite will create a “Global Center of Excellence” in Batavia, Illinois for all candle manufacturing and development worldwide and will shut down its manufacturing facility in Cumbria, U.K.   The project will commence in early 2015 and management anticipates total annualized savings of $8.0 million, or $40.0 million over the next five years, and one-time and transitional costs of approximately $6.0 million and a $2.0 million asset write-down in Cumbria, according to th...

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