Coty consolidates and expands its North Carolina manufacturing facilities
The investment in the expansion of the facility will be a three year project that is forecast to top $19m. It forms part of plans to raise the bar on the company’s global manufacturing capabilities as part of plans that are likely to triple the size of the business.
Last year the company announced the acquisitions of 43 brands from P&G, together with the personal care business of Brazilian conglomerate Hypermarcas, with a total investment of $13.5bn.
Move will need additional manufacturing requirements
This will give the new face of the business a huge boost, making it one of the top five beauty businesses in the world. But alongside that expansion, significant investments in manufacturing have to be made in an effort to cope with the expansion.
The closure of the North Hollywood-based OPI manufacturing business is bad news for employment in that area of southern California, but will be North Carolina’s gain.
Currently the Lee Country production facility, which is located in Broadway Road, Sanford, employs a workforce numbering around 750 people at the facility as well as 200 to 300 contract workers, which will mainly compromise production line staff.
New jobs and the likelihood of more to come
The initial expansion plan will see the addition of 25 jobs to the Lee County workforce, which will mainly comprise of production line workers. Coty has not confirmed that the new hires will be making up the additional work capacity necessary for the production capabilities of the OPI line transfer.
“Coty is pleased to be able to expand our Sanford, North Carolina plant and bring new jobs to the state,” said Enric Prat Codina, Sanford Plant General Manager, Coty.
“We have had a strong presence in North Carolina for 45 years and would like to thank the State of North Carolina and Lee County for its ongoing support.”
