Hain Celestial to expand corporate HQ in New York.
Hain is the company behind well-known skin care brands including Jason, Zia Natural Skincare, Avalon Organics, Alba. Botanica and Queen Helene as well as Martha Stewart Clean and other monikers in the food industry.
With tax incentives provided by the State of New York through Empire State Development and the Nassau County Industrial Development Agency Hain Celestial has committed to investing $10 million as part of its office relocation and expansion of its operations.
"Nearly 20 years ago, I founded Hain Celestial as a start-up company on Long Island with a handful of employees. By 2001 we had 120 employees and over $400 million in sales when we moved to our present location," said Irwin D. Simon, founder, president and CEO of Hain Celestial."As a proud resident New Yorker, I am pleased to be increasing our commitment to the region with the expansion of our international corporate headquarters complete with state-of-the art sustainable features."
According to Simon, the design and layout of the new facility will provide Hain with a "nurturing environment to foster the next level of growth for the company."
Hain Celestial employs approximately 4,000 employees worldwide with approximately 1,200 in the US. The firm's revenue, which was $400 million in 2001, is expected to reach approximately $1.4 billion by its June 30, 2012 fiscal year end.
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|Title Annotation:||Industry News|
|Publication:||Household & Personal Products Industry|
|Date:||Jun 1, 2012|
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