Bio-Botanica expands New York production facility
The new addition will expand the Suffolk County facility by an extra 24,000 square feet to bring the total surface area to 164,000 square feet, providing additional state-of-the-art production equipment and capacity.
As well as increasing production capacity, the addition to the facility will also create a number of new jobs, which the company currently estimates should mean seeing an extra 60 workers added to its payroll by 2014.
Tax breaks and incentives to get the project going
The local authorities, Suffolk County Industrial Development Agency, say they have backed the Bio Botanica expansion plans, providing property tax breaks and some tax incentives to help get the project off the ground.
Earlier in the year Cosmetics Design spoke to business manager and vice president of sales Mark Sysler, who said that the expansion had come off the back of increased demand for its botanical extracts, for both its food and nutritional business, together with demand from cosmetics businesses.
One of the significant driving forces behind the company’s expansion has also been a co-branding deal with global chemicals giant DuPont Tate & Lyle, which was announced earlier this year at Suppliers Day, New Jersey.
ZeaBasics co-branded with DuPont Tate & Lyle
The company’s new co-branded line of botanical extracts, ZeaBasics, is combined with the active properties of DuPont Tate & Lyle's Zemea propanedial to produce a range of high performance natural ingredients.
In particular the line taps into the growing demand for ingredients that are natural, plant-based and have not been developed off the back of petroleum-based derivatives.
“This creates an opportunity to develop a new botanical extract that can be incorporated into products, while raising both the natural and sustainable profile of the cosmetic product's formulation,” said Sysler.
