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Coty Inc. Expands Lee County, North Carolina, Production Plant

01/22/2016
Coty, Inc., a global leader in beauty products, will expand its manufacturing facility in Lee County, North Carolina. The company also plans to invest approximately $19 million at the site during the next three years.

Enric Prat Codina, Sanford Plant General Manager, Coty, said, “Coty is pleased to be able to expand our Sanford, North Carolina plant and bring new jobs to the state. 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.”

Coty’s expansion in North Carolina was made possible in part by a performance-based grant of up to $62,000 from the One North Carolina Fund. The One NC Fund provides financial assistance in support of local governments in creating jobs and attracting economic investment. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for grant funds. All One NC grants require a local government match.

“Manufacturing is a key component of the Carolina Comeback,” said Governor McCrory. “Coty is the latest major global company to announce plans to expand its manufacturing operations here in North Carolina.”

Coty’s existing Lee County workforce totals more than 750 employees, as well as several hundred contractors. Coty expanded workforce will include production line workers.

“Manufacturing employs nearly 463,000 North Carolinians and accounts for 20 percent of our GDP,” Commerce Secretary John E. Skvarla, III said. “Highly productive workers, a pro-business climate, a competitive cost-structure and great quality of life are among the many reasons our state leads the Southeast in manufacturing employment.”

In addition to North Carolina Commerce and EDPNC, other partners in the project include the North Carolina General Assembly, the North Carolina Community College System, NCWorks, Lee County, the City of Sanford and the Sanford Area Growth Alliance.

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