ATLANTA (AP) — Newell Brands Inc. is moving its global headquarters from Atlanta to New Jersey.
Newell officials on Friday announced the move to Hoboken, New Jersey.
The company adopted the name Newell Brands after Newell Rubbermaid completed its purchase of Jarden Corp. in April. The purchase combined brands including Paper Mate, Sharpie, Elmer's, Rubbermaid, Lenox, Yankee Candle and Graco.
The company's statement says New Jersey's Economic Development Authority offered $27 million in tax incentives to "help offset the costs associated with the new facility."
Officials say the company will maintain current hubs in Atlanta, Boca Raton, Florida; Norwalk, Connecticut; and a design center in Kalamazoo, Michigan.
