Mary Kay Settles on Future Site of Global Manufacturing and R&D Facility
November 30, 2015 Leave a comment
Photo: Mary Kay’s global headquarters in Addison, Texas.
After months of research and analysis, Mary Kay has pinpointed the future site of its planned global manufacturing and R&D facility. The beauty brand on Tuesday said it will build the $100 million operation in the city of Lewisville, Texas, located in the Dallas-Fort Worth Metroplex.
“As we approach the status of a top five beauty brand globally and following several years of double digit growth, the new facility will support our company’s future needs,” Mary Kay CEO David Holl said in a statement. “Today, approximately 75 percent of our business is overseas, yet more than 50 percent of Mary Kay products produced at our current manufacturing facility are exported to our international markets.”
The company disclosed in June that it had engaged the services of commercial real estate and investment firm CBRE to explore potential sites, though Mary Kay had not ruled out an update to its existing global manufacturing facility in Dallas. Following the internal evaluation, Mary Kay announced last month that it would construct a new facility in North Texas to bring together its global manufacturing and R&D operations. The company settled on a site near its global headquarters in Addison, a distribution center in Carrollton, and a warehouse facility in Dallas.
Mary Kay expects construction on the new facility to commence in July 2016 and run through the first quarter of 2018. Currently, the company’s manufacturing and R&D operation employs 600 and produces up to 1.1 million units of lipstick, moisturizer and other beauty products per day. Mary Kay also conducts more than 500,000 tests each year to ensure product quality, safety and performance.