L’Oréal to Open $140M New Jersey Facility
This project marks the company’s largest investment in a research and innovation center.
L’Oréal will open a new research and innovation center in Clark, N.J. The $140 million project will replace the company’s existing facilities in the New Jersey area.
The new development marks the largest investment L’Oréal has made into a research and innovation facility. Once the center is complete, the company will move out of the current space it has occupied in the area for more than 60 years.
Currently under construction, the facility is anticipated to begin operations in 2024. A nearly 250,000-square foot-space will house more than 550 employees in L’Oréal’s North America Research & Innovation Division, including Advanced Research, Evaluation and Product Development.
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The facility will be used to conduct internal research through Green Sciences and Beauty Technology on hair, skin and makeup.
Along with the L’Oréal team, the facility is designed to support the company’s innovation strategy and be home to external partnerships, including scientific developments. Workspaces and modular labs will aid in the development of new products.
The space is designed with sustainable standards to reduce energy use and minimize waste production and resource consumption. An indoor and outdoor green space will be constructed to support the environment.
L’Oréal’s current headquarters is in New York City. Earlier this year, the beauty company also opened a second headquarters in El Segundo, Calif., a city in Los Angeles County.
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