Revlon planning US$16M investment in North Carolina factory
The cosmetics company says the plan will create 55 new jobs over three years at its Oxford, N.C., plant, which is the largest private employer in the county
OXFORD, N.C.—Cosmetics giant Revlon plans to invest $16 million and create 55 new jobs at its North Carolina plant over the next three years.
Gov. Roy Cooper announced Friday the company is expanding its plant in Oxford to produce more Elizabeth Arden products.
The facility 64 kilometres north of Raleigh opened in 1986 and currently employs about 1,300 people. It is the largest private employer in Granville County.
Revlon says the plant is its largest worldwide.
The state promises Revlon a $100,000 grant if it meets its hiring and investment goals. The state also requires Granville County to provide a grant. County commissioners still must approve it.