The new plant represents an investment of USD38 million and will create 250 new jobs over the next five years, including manufacturing and office positions. Total employment in the site will reach 450 as more than 200 jobs will transfer from the Lewisburg facility.
“Both our New Jersey and Tennessee manufacturing facilities will be consolidated into this 173,000 square foot  high-tech site. The new Schwan Cosmetics USA will be a full service private label supplier continuing to build on Schwan Cosmetics’ heritage of developing and introducing innovative, market driven color cosmetics. Our plan is to open the new campus during the first half of 2015,” Barbara Bauer-Kropf, executive vice president of sales for Schwan Cosmetics, said.
Schwan Cosmetics, the leading private label manufacturer of cosmetic pencils and products worldwide, is a division of the Schwan-Stabilo group, a family-owned company with more than 4,400 employees worldwide and headquartered in Heroldsberg, Germany.