The strategic acquisition is expected to strengthen Hitachi's ability to deliver a complete range of strategy, implementation and technology services for businesses across the globe.
Spectrum Brands acquisition of HHI also includes certain assets of Tong Lung Metal Industry Co. Ltd., a Taiwanese manufacturer of residential and commercial locksets with facilities in Taiwan and the Philippines.
Located in Twin Falls, Idaho, Chobani has invested $450 million to build this one-million-square-foot operation in less than 11 months. The company's presence in Idaho has already served as a catalyst for hundreds of new jobs and a significant positive economic impact in the region.