Trending...
- Best Criminal Defense Attorneys Of 2025 - ELA Awards
- Power Business Solutions Announces Joint Venture with EIG Global Trust to Deliver Data Center Financial Solutions
- Americans Need $1.26 Million to Retire But Have Just $38K Saved — So They're Building Income Instead
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
- Appliance EMT Partners with Kids Motel Ministry in Metro Atlanta
- CNCPW Divulga Dados de Liquidez do 1º Trimestre: Confirma 100% de Reservas e Atualiza Protocolos de "Saque CNCPW" Contra Fluxos Ilícitos
- Tech Workers Are Escaping "Forever Layoffs" By Becoming Their Own Boss
- Michael Judkins Releases New Poetry Book, Deeper Than You Think
- Heritage at South Brunswick Celebrates First Home Closing and Strong Sales Momentum
"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
- WinkBeds High-Performance Hybrid Mattresses Debut at Sleep Basil Denver With In-Store Comfort Testing
- Tampa Nonprofit Expands Recovery Services for Men in Crisis With New Farm Program in Plant City
- IYKYK! Coffee Lab Thriving in Huntington Beach, Blending Elevated Coffee, Matcha, Music, and Community
- Accountants Near Me Cheyenne Opens U.S. Directory for Accountants, Bookkeepers and Tax Services
- Sacred Surrogacy, CFC, and Egghelpers Launch Women's Retreats
"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
- Metavalis Launches Massive Community Coat Drive in Branson to Support Local Residents
- Jim Breuer is Coming to The Eichelberger Performing Arts Center This May
- Peak Exteriors to Expand Its Services to Premium Outdoor Lighting Installation
- Ashley Wineland To Release Fiery Full-length Album "Wineland"
- Robert D. Botticelli Promoted to Century Fasteners Corp. – Director of Sales
- Openchannelflow Wins Web Excellence Award for Outstanding Digital Experience
- STS Capital Partners' Andy Harris Co-Authors 'The Extraordinary Exit,' A Practical Guide for Business Owners Considering a Sale
- One-Click Pro Audio for Streamers: "VoiceSterize" Automates Noise Reduction & Mastering on Mac
- Sole Publishing Announces Essential Parenting Book for Families Navigating the Teen Years
- From Factory Floor to Community Heart: The Rebel Spirit of Wisconsin's Wet Wipe Innovators
- UK Financial Ltd Lists MayaFund (MFUND) ERC-20 Token on CATEX Exchange Ahead of Planned ERC-3643 Upgrade
- Benjamin Ross Group Has Secured Financing for a Company with a Sale Price of $1,050,000
- Denver Apartment Finders Launches Revamped Denver Tech Center Apartment Location Page
- Roblox and Solsten Alliances; a Stronger Balance Sheet and Accelerated Growth Through AI, Gaming, and Strategic Partnerships for Super League: $SLE
- Boston Industrial Solutions' Natron® 512N Series UV LED Ink Earns CPSIA Certification
- Power Business Solutions Announces Joint Venture with EIG Global Trust to Deliver Data Center Financial Solutions
- Scoop Social Co. Partners with Fairmont Hotels & Resorts to Elevate Summer Guest Experiences with Italian Inspired Gelato & Beverage Carts
- Buildout Launches Native Email Marketing Feature, Expanding Its End-to-End CRE Platform
- New Saxophone Prize Honors Astronaut Ronald E. McNair, First To Play Sax In Space
- Building a $145M AI-Powered Marine Platform as Listings Surge, Global Expansion Begins, OTH Shares Trade at a Discount: Off The Hook YS (N Y S E: OTH)