Trending...
- The State of Law Firm Marketing: Top Companies, Awards, and Resources
- The World's First Fully Regenerative Economy: Securing Energy, Food, and a Clean Planet
- NEW MANAGEMENT BOOK: Creating a Joy-Centric Culture
Harrisburg, PA – Today, Governor Tom Wolf announced that Seokoh, Inc., a manufacturer of cosmetics and personal care products, will expand its operations in Scott Township, Lackawanna County and support the creation of 280 new jobs.
"Pennsylvania is fourth in the nation in the manufacturing of toiletry products, and Seokoh's expansion in Lackawanna County is a testament to our competitive advantage," said Governor Wolf. "Our diverse workforce and central location make Pennsylvania a prime place to do business and we are pleased to see Seokoh further grow its operations right here in the commonwealth."
Seokoh, owned by Kolmar Korea, currently owns a 70,000-square-foot facility and leases three other facilities. The company will purchase two adjoining sites next to its current manufacturing facility in the Scott Technology Park to construct a new 200,000-square-foot facility. The company will also renovate its current manufacturing facility and purchase new equipment to provide for streamlined operations and future growth. The company has pledged to invest $27.9 million into the project, and has committed to create at least 280 new, full-time jobs and retain 290 existing jobs over the next three years.
More on The PennZone
"This expansion project is planned to be the location of the company's North American headquarters, adding 'beyond continents' to 'beyond science, beyond inside, beyond Kolmar… for an ever changing and evolving Kolmar Korea'," said Jason Lee, Director, North American Business Division of Kolmar Korea. "Seokoh and Kolmar Korea would like to thank Scott Township, Lakeland School District, and Lackawanna County as well as the Commonwealth of Pennsylvania for their continued support. We would also like to express our appreciation for the assistance of the Chamber of Scranton and the Governor's Action Team for their efforts and guidance."
Seokoh received a funding proposal from the Department of Community and Economic Development for a $126,000 workforce development grant to help the company train its existing workers and $480,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs. The company was also encouraged to apply for a $7.25 million loan from the Pennsylvania Industrial Development Authority (PIDA). The project was coordinated by the Governor's Action Team, an experienced group of economic development professionals who report directly to the governor and work with businesses that are considering locating or expanding in Pennsylvania.
More on The PennZone
"The beauty industry in the U.S. reached $18.8 billion in 2018, comprising of $13.7 billion in makeup and skin care product sales. Seokoh, Inc. is a global leader in the cosmetics industry. Their investment within Scott Technology Park is a testament to the success manufacturing companies are experiencing in Lackawanna County, Pennsylvania. We look forward to continued partnerships, working alongside the Seokoh team, as they grow their corporate campus, creating quality jobs, and investment in Scott Township," said Bob Durkin, president, The Greater Scranton Chamber of Commerce.
Seokoh is a leading contract manufacturer and filler of premium cosmetics and personal care products. Seokoh and its affiliates/subsidiaries offer full concept-to-shelf services including product formulation and development, color matching, manufacturing, filling and ingredient and packaging sourcing.
For more information about the Governor's Action Team or DCED, visit dced.pa.gov.
SHARE Email Facebook Twitter
"Pennsylvania is fourth in the nation in the manufacturing of toiletry products, and Seokoh's expansion in Lackawanna County is a testament to our competitive advantage," said Governor Wolf. "Our diverse workforce and central location make Pennsylvania a prime place to do business and we are pleased to see Seokoh further grow its operations right here in the commonwealth."
Seokoh, owned by Kolmar Korea, currently owns a 70,000-square-foot facility and leases three other facilities. The company will purchase two adjoining sites next to its current manufacturing facility in the Scott Technology Park to construct a new 200,000-square-foot facility. The company will also renovate its current manufacturing facility and purchase new equipment to provide for streamlined operations and future growth. The company has pledged to invest $27.9 million into the project, and has committed to create at least 280 new, full-time jobs and retain 290 existing jobs over the next three years.
More on The PennZone
- Dr. Nadene Rose Shares the Secret to True Success: Faith, Obedience, and Divine Purpose
- Best Companies Group Opens Free Registration for Best Places to Work in Insurance Program
- Understanding Unexpected Death: Why Independent Autopsies Matter in Cases Without Clear Cause
- Epic Pictures Group Sets North American Release Date for the Thriller NO ORDINARY HEIST
- Mobile Copywriter Celebrates 13 Years of Content Creation and SEO Services
"This expansion project is planned to be the location of the company's North American headquarters, adding 'beyond continents' to 'beyond science, beyond inside, beyond Kolmar… for an ever changing and evolving Kolmar Korea'," said Jason Lee, Director, North American Business Division of Kolmar Korea. "Seokoh and Kolmar Korea would like to thank Scott Township, Lakeland School District, and Lackawanna County as well as the Commonwealth of Pennsylvania for their continued support. We would also like to express our appreciation for the assistance of the Chamber of Scranton and the Governor's Action Team for their efforts and guidance."
Seokoh received a funding proposal from the Department of Community and Economic Development for a $126,000 workforce development grant to help the company train its existing workers and $480,000 in Job Creation Tax Credits to be distributed upon creation of the new jobs. The company was also encouraged to apply for a $7.25 million loan from the Pennsylvania Industrial Development Authority (PIDA). The project was coordinated by the Governor's Action Team, an experienced group of economic development professionals who report directly to the governor and work with businesses that are considering locating or expanding in Pennsylvania.
More on The PennZone
- Award-Winning REALTOR® Paige Coker Joins Corcoran DeRonja Real Estate
- Over 98% of crypto owners globally don't declare taxes, new report find
- Happreneurs™ Business Community Launches Pittsburgh, PA Chapter with Powerful Network of Founding Leaders
- TicTac Group acquires French EdTech company Distrisoft
- Rhys-Davies, Wright, Norris, Jacinto Highlight Latest Wave of FAN EXPO Philadelphia Celebrity Guests
"The beauty industry in the U.S. reached $18.8 billion in 2018, comprising of $13.7 billion in makeup and skin care product sales. Seokoh, Inc. is a global leader in the cosmetics industry. Their investment within Scott Technology Park is a testament to the success manufacturing companies are experiencing in Lackawanna County, Pennsylvania. We look forward to continued partnerships, working alongside the Seokoh team, as they grow their corporate campus, creating quality jobs, and investment in Scott Township," said Bob Durkin, president, The Greater Scranton Chamber of Commerce.
Seokoh is a leading contract manufacturer and filler of premium cosmetics and personal care products. Seokoh and its affiliates/subsidiaries offer full concept-to-shelf services including product formulation and development, color matching, manufacturing, filling and ingredient and packaging sourcing.
For more information about the Governor's Action Team or DCED, visit dced.pa.gov.
SHARE Email Facebook Twitter
0 Comments
Latest on The PennZone
- Meet Joseph Neibich aka Joseph Nybyk of Beachwood Canyon
- LARUS Launches Business Continuity Framework for IPv4-Dependent Networks
- KeysCaribbean Offers 'Skip-the-Crowds' Savings With 15 Percent Off April Stays
- Supply & Demand Chain Executive Names Puga Sankara as Recipient of 2026 Pros to Know Award
- Why We're Holding the Line on Pricing
- Moravian Academy Announces New Full-Tuition Impact Scholarship for Upper School Students
- AI Disruption Meets Marine Scale: Off The Hook YS, Inc. (N Y S E American: OTH) Targets Breakout Growth with NextBoat Launch and Aggressive Expansion
- Targeting the Billion-Dollar U.S. Countermeasure Market With AI-Driven Biodefense Platform: Lunai Bioworks (N A S D A Q: LNAI)
- National Focus Turns to Global Conflict, Families of Veterans Lost to Suicide Call for Recognition
- New Global Standard for Transparency Across Critical Resources and Energy Markets: SMX (Security Matters) PLC (N A S D A Q: SMX)
- Forced Psychiatric Hospitalization Fails Vulnerable People: CCHR Urges Repeal Amid Rising U.S. Policies
- Surging Into High-Performance AI With $AMD Partnership, Patent Expansion, and Strengthened Balance Sheet: Avalon GloboCare Corp. (N A S D A Q: ALBT)
- ATTAIN Profiles the Invisible Billionaire Who Started With $75 and Died the Richest Man in A
- Kiko Nation Launches Mobile App to Modernize Livestock Management and Digital Animal Registry
- NEW MANAGEMENT BOOK: Creating a Joy-Centric Culture
- QuickTrack by Datalex Transforms Retail Promoter Management with Claude AI and Real-Time Insights
- Kaltra Introduces Seasonal Discounts on Replacement Coils for Carrier, York, and Trane Chillers
- Evolve Construction Mobilizes Commercial Storm Response Across Illinois With AI-Powered Damage Documentation and Public Adjusters Partnership
- New Book Synthesizes Six Peer-Reviewed Research Programs Into Unified Framework for Consciousness
- The World's First Fully Regenerative Economy: Securing Energy, Food, and a Clean Planet