Cosmetics giant Mary Kay Inc.has announced plans to construct a new facility to house the company’s global manufacturing and research and development (R&D) operations in Dallas/Fort Worth. The announcement follows a multi-month research and analysis project conducted in partnership with CBRE, the world’s largest commercial real estate services and investment firm.
The beauty company’s current global manufacturing facility opened on Regal Row in Dallas in 1969. Today, the 420,000 square feet facility produces up to 1.1 million units of in demand made-in-America products per day, of which 57% are exported to Mary Kay Inc.’s international markets.
“After several years of double-digit growth, our investment in a new manufacturing and R&D facility comes at a critical time and allows Mary Kay to continue production on the highest quality skin care and color cosmetics for our more than 3.5 million independent sales force members worldwide,” said David Holl, President and Chief Executive Officer for Mary Kay Inc. “Presently, approximately 75% of our business is overseas yet more than 50% of Mary Kay products produced at the Dallas manufacturing facility are exported to our international markets.”
Mary Kay said it invests millions of dollars in research and development and conducts more than 500,000 tests each year to ensure Mary Kay products meet the highest standards of quality, safety and performance. The company employs nearly 600 manufacturing and R&D employees in Dallas.
“For more than 50 years, we have been committed to ensuring that Mary Kay products consistently meet or exceed consumer expectations,” said Holl. “A new facility for our global manufacturing and R&D operations will enable us to continue to provide best-in-the-industry products to our Mary Kay brand lovers worldwide.”
Mary Kay Inc. is expected to make a decision on the construction site by the end of 2015 as locations throughout the Dallas/Fort Worth area are being evaluated for the new facility.