L’Oréal USA will be expanding its North Little Rock site, investing $12 million into the project.
The company expects to add 45 full-time employees at the North Little Rock plant, which currently has approximately 350 employees working full-time. With this investment, L’Oréal USAplans to renovate the existing facility and add additional production to support its brands.
At the North Little Rock site, L’Oréal USA produces cosmetics for multiple divisions, including Maybelline New York, L’Oréal Paris, essie, Lancôme, Urban Decay, IT Cosmetics, NYX Professional Makeup and Dermablend. According to an Arkansas Economic Development Commission release, the site produces more than 250 million units of different cosmetics annually.
“We are thrilled that L’Oréal USA has made this strategic investment in our future here in North Little Rock as we continue our plant’s evolution toward becoming the global Color Cosmetics Center of Excellence within the L’Oréal Group,” Eric Fox, vice president of operations and plant manager for L’Oréal USA’s NLR facility, said in a statement. “We are also grateful to the state of Arkansas for continuously demonstrating its commitment to business partnership and growing manufacturing jobs in our state.”
L’Oréal USA developed a solar array – the third largest in Arkansas – in 2017. Currently, L’Oréal is planning for all sites to be carbon neutral by 2025.
“L’Oréal USA has been a valued member of our business community for almost half a century, and their philanthropic efforts are widely known and appreciated,” Secretary of Commerce Mike Preston said. “This expansion will not only impact the company’s bottom line, but it will bring more jobs that will improve the quality of life for 45 more families.”
At the end of 2020, L’Oréal reported 85,400 employees worldwide with 27.99 billion euros in sales for 2020 and 5.20 billion euros in operating profit.