Coty consolidates
This article was originally published in The Rose Sheet
Executive Summary
Operations at Coty's Sanford, N.C. facility will be expanded in an effort to augment manufacturing and distribution capabilities, firm announces June 6. Specifically, the new operations will include "installation of four new state-of-the-art manufacturing lines" and expansion of the company's distribution capacity, Coty says. As a result, the firm will close its only other U.S. facility located in Mt. Olive, N.J. and consolidate operations into the expanded Sanford location. Coty will assist Mt. Olive's 200 employees in finding positions within the company, firm adds. The expanded Sanford facility and Mt. Olive transition is expected to be completed by the second or third quarter of 2007, according to Coty...
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