L’Oréal Invests $140M In New Jersey Research & Innovation Center

URLhttps://businessfacilities.com/2022/09/loreal-inve
Sourcebusinessfacilities
Date Published09/30/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name L’Oréal
Parent companyL'Oréal S.A.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):550
Year reshoring announced:2022
Capital investment ($):140
Country(ies) from which reshored:France
City reshored to:Clark
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredbeauty products
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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