Manufacturer of cosmetic and pharmaceutical products expands into Dayton
Cosmetic Enterprises, Ltd., (CEL) a growing manufacturer of cosmetic and pharmaceutical products, is planning to expand its operations into Dayton.
CEL, headquartered in Pacoima, Calif., purchased a vacant 60,000-square-foot building along with an adjacent 18 acres for potential development. The building has previously housed the sunglass manufacturing company, Oakley Inc., which closed its northern Nevada operations in 2012.
CEL’s plans were first reported in the Sept. 26 edition of NNBW.
Its president Rick Saute indicated after scouting potential destinations, Lyon County was the best fit for its’ expansion.
“During our due diligence we reviewed many different regions and states and found Nevada to be manufacturing friendly that is centrally located to our existing customer base,” Saute said in statement via email. “This made very sound personal and financial sense in our decision.”
The Northern Nevada Development Authority in Carson City assisted Cosmetic with the expansion. NNDA set up meetings with state, government bankers, real estate agents, environmental agencies and local educational institutions to answer questions on available facilities and workforce development.
“These folks made direct presentations to us that fit our needs,” Saute said. “We were fortunate to find a building in Dayton that closely met our requirements.”
Andie Wilson and Brad Bonkowski with NAI Alliance assisted Cosmetic Enterprises in brokering the deal for the property.
Miles Construction of Carson City is serving as general contractor getting the building online for operations. According to Cary Richardson, vice president of business operations for Miles Construction, the project is currently in the design phase and should be completed by summer of 2017. Renovations will comply with U.S. Green Building standards.
Saute cited the region was centrally located to its marketplace as the main attraction to the area. He also liked the its temperate climate, tax advantages, and available workforce as other incentives.
The facility is anticipated to employ 30 at least at the beginning of operations and the company will offer wages and benefits above current labor standards.
“Cosmetic Enterprises is a great addition to Lyon County,” said Andrew Haskin, NNDA’s director of business development in a press release. “Not only are they creating the kind of higher paying jobs that help boost the region, they will be great corporate citizens. We look forward to continuing to work with Cosmetic Enterprises as they bring their new facility online.”
Some of CEL’s staff from its Southern California location will transfer to Dayton, although it will continue its manufacturing facility in Southern California.
“After we made our decision to move to the area many of our existing employees have visited Carson City and Lyon Counties with favorable and positive comments for relocation,” Saute said.
CEL produces cosmetic and skin care products, such as shampoo, moisturizers, skin enhancing lotion and skin protecting products, using botanicals and other raw materials. The company, which has been in business for more than 35 years, manufactures products for small businesses and Fortune 500 companies.
The unanimous approvals Wednesday came despite state leaders promising to tighten up requirements for Nevada’s tax abatements and incentives for future companies.