Revlon Expands Operations Hub in Oxford, North Carolina
The company will invest $16.1 million to add production capacity for its Elizabeth Arden line of products. The company employs more than 1,300 people in North Carolina. The expansion of the Granville County facility will add fragrance filling and assembly lines to its operation and will include the installation of new equipment.
“Our Revlon and Elizabeth Arden brands are growing globally and the plant expansion in Oxford will enable us to in-source production of fragrances and Elizabeth Arden skincare and color cosmetics to meet increased consumer demand,” said Alan Blake, Revlon Chief Supply Chain Officer. He added, “We are committed to the state of North Carolina and pleased to be making a significant economic investment at our largest manufacturing plant in the world.”
“Revlon has found success in North Carolina thanks to our top-flight workforce and exceptional business climate,” Governor Roy Cooper said. “This expansion is the latest example of the confidence global companies place in our state and our workers.”
“The companies that know North Carolina best are the ones already doing business in our state,” said North Carolina Commerce Secretary Anthony M. Copeland. “It’s wonderful to see how Revlon’s positive experiences in Granville County have led to this new expansion.”
The North Carolina Department of Commerce and the Economic Development Partnership of N.C. (EDPNC) were instrumental in supporting the company’s expansion decision.
A performance-based grant of $100,000 from the One North Carolina Fund will help facilitate Revlon’s expansion in Granville County. The One N.C. Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All One NC grants require a matching grant from local governments and any award is contingent upon that condition being met.
In addition to North Carolina Commerce and the Economic Partnership of North Carolina, other key partners in the project include the North Carolina General Assembly, the North Carolina Community College System, Granville County, Granville County Public Schools, and the Granville County Economic Development Commission.
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