Coty Inc. Expands Lee County, North Carolina, Production Plant
01/22/2016
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.
Project Announcements
GE Appliances Expands Jefferson County, Kentucky, Operations
06/30/2025
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024