Sharpie Moves Production to Tennessee Factory While Maintaining Employment and Pricing
By
impish9208
Toasted just enough. A reliable bake, gently seasoned.
Summary
Newell Brands successfully moved Sharpie marker production to a factory in Maryville, Tennessee, where they now manufacture at least half a billion markers annually. The company achieved this production shift without reducing employee headcount or increasing product prices, demonstrating a successful cost-cutting strategy through domestic manufacturing.
Key quotes
· 3 pulledNewell Brands moved production without cutting employee count or raising prices
Newell Brands' factory in Tennessee makes at least a half-billion Sharpie markers a year
Sharpie found a way to make pens more cheaply—by manufacturing them in the U.S.
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