Quality King Distributors is expanding.
Byline: Adina Genn
Quality King Distributors, a distributor of pharmaceuticals and health and beauty aids, is planning an expansion in Bellport. The company, which has 919 employees and a payroll of $77 million, is planning a $700,000 build-out of the 560,000-square-foot distribution center at 35 Sawgrass Drive. Renovations include new offices, computer facilities, a photo studio and a prototype company store. The company is working with Town of Brookhaven Industrial Development Agency, which recently approved a package of economic incentives. In exchange, the company plans to move 40 jobs from a now-closed facility in Sunrise, Florida, that had been operated by its affiliate Perfumania Holdings. In August, the Nussdorf family, the principalsof Quality King and a 55 percent stakeholder in publicly held Perfumania, a discount retailer of celebrity and designer fragrances, provided a $14 million equity infusion that allowed Perfumania to exit bankruptcy proceedings. The retailer has closed about a quarter of its 226 stores nationwide. Quality King general counsel Alfred Paliani, in a letter to the IDA said that the Nussdorf familys commitment to staying on Long Island remains strong in spite of the fact that they continue to receive overtures from other states and municipalities offering incentives. IDA Chairman Frederick C. Braun, III, said, The Nussdorf family, which owns Quality King, has made and continues to make real long-term investments in the Town of Brookhaven.
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|Publication:||Long Island Business News|
|Date:||Jan 19, 2018|
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