Cosmax USA Celebrates Grand Opening of Solon Manufacturing Facility
After nearly eight months of construction and renovation, Cosmax USA celebrated the grand opening of their 330,000-square-foot manufacturing facility in Solon, Ohio.
The facility is the first of its kind in the United States for the South Korean parent company, Cosmax. It will manufacture a broad line of premium cosmetic, lip, and skin care products for large and mid-sized cosmetic brand companies.
Cosmax is an original design and development contract manufacturer, with a Global Research and Innovation team of more than 300 chemists. While Cosmax does not sell under its own brand, its dedicated team of researchers have developed 95% of the products the Company manufactures for its customers.
Chairman Kyung-Soo Lee noted, “Cosmax has undergone significant growth in Asia over the last decade, but it was clear that we needed to expand our manufacturing and distribution networks to the United States to continue our growth. Ohio has a long and proud history of high quality manufacturing, so when the former L’Oreal facility became available, we moved forward without hesitation to purchase it.”
Cosmax USA’s President, Sok-Min Yu added, “One of our biggest hurdles was understanding U.S. rules and regulations. I have been absolutely overwhelmed by the guidance and support we have received from officials at every level of Government in Ohio. It has been a most impressive partnership to help us achieve our goal of establishing this operation.”
“More jobs coming to Solon is good news for the community, the region and Ohio,” Lt. Governor Taylor said. “Thanks to JobsOhio, Team NEO and our local partners, COSMAX will call Solon home and create more than 200 new jobs – jobs that will help support families and the community.”
“The development of COSMAX USA can be attributed to the vision and foresight of a host of innovative individuals, and all those who have been involved with its inception are to be applauded on their tremendous efforts,” said Rep Anielski. “In the years that follow, COSMAX will unquestionably enhance the quality of life within the surrounding area, creating more than two hundred jobs with room for expansion, and through its unwavering dedication to excellence, it will become an integral part of Solon and beyond.”
“We are so proud to have Cosmax USA as a member of our business community”, said Solon Mayor Susan Drucker. “We appreciate the jobs and the economic growth that Cosmax will create in Solon and the State of Ohio, and we thank Cosmax for bringing the Spirit of 3 Apples to the United States.”
Cosmax USA began limited production testing last week and expects volume to pick up as the year progresses. ABOUT COSMAX Since Cosmax was established in South Korea in 1992, its Research and Innovation Center has become the heart of the development of innovation for premium skincare and cosmetic products. The organization is the #1 leading ODM/CM supplier in the Korean cosmetics and dietary supplements industry and top five amongst world-class companies emerging as a premium global beauty company. The Cosmax USA manufacturing facility is more than 330,000-square-feet and will be capable of producing over 100 million units to start with room for expansion.