DALLAS, Nov. 24, 2015 /PRNewswire/ -- Mary Kay Inc., a top beauty brand and direct seller in more than 35 markets around the world, identified the city of Lewisville in Denton County as the future site of the company's new $100 million global manufacturing and research and development (R&D) operations. The announcement follows an intensive internal evaluation to determine whether to update Mary Kay Inc.'s current manufacturing operations in Dallas or construct a new facility to house both manufacturing and R&D.
After thorough research, Mary Kay Inc. announced last month it will invest in a new global manufacturing and R&D facility. After exhaustive examination of potential sites throughout North Texas, the company has now identified a plot of land in the city of Lewisville. The details and exact location of the site are not being disclosed pending closing of the property purchase.
"We are committed to the latest in technological innovation and Mary Kay's new facility will be on the leading edge of design, construction and production," said David Holl, President and Chief Executive Officer for Mary Kay Inc. "Our analysis identified a site in Lewisville as the optimal location for our new facility that will enable us to continue to provide the highest quality skin care and color cosmetics for our more than 3.5 million independent sales force members worldwide."
The criteria for selecting the new site included employee and logistical considerations, as well as proximity to the company's other local facilities, including its global headquarters in Addison, a distribution center in Carrollton and a warehouse facility in the city of Dallas. The iconic beauty company's current global manufacturing and R&D 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 percent are exported to Mary Kay Inc.'s international markets.
"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," said Holl. "Today, approximately 75 percent of our business is overseas and yet more than 50 percent of Mary Kay® products produced at our current manufacturing facility are exported to our international markets. So, it's essential that we continue to have state-of-the-art manufacturing and R&D facilities to produce the best-in-the-industry products to our independent sales force and ultimately to our Mary Kay brand lovers around the world."
Mary Kay Inc. 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 approximately 600 manufacturing and R&D employees at its manufacturing facility. Construction on Mary Kay Inc.'s new global manufacturing and R&D facility in Lewisville is expected to begin in July 2016 with a projected completion date in the first quarter of 2018. For more information about the science behind Mary Kay® products, click here.
About Mary Kay
Irresistible products. Positive community impact. Rewarding opportunity. For more than 50 years, Mary Kay has offered it all. With 3.5 million Mary Kay Independent Beauty Consultants and $4 billion in global annual sales, Mary Kay is a top beauty brand and direct seller in more than 35 markets around the world. Discover what there is to love about Mary Kay by connecting with a Mary Kay Independent Beauty Consultant at marykay.com.
Mary Kay Inc. Corporate Communications
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SOURCE Mary Kay Inc.