L'ORÉAL GROUPE COMPLETES $160 MILLION RESEARCH AND INNOVATION CENTER IN NEW JERSEY, IGNITING NEW ERA OF INNOVATION AND FUELING LOCAL ECONOMIC GROWTH [Yahoo! Finance]
L'OREAL UNSP/ADR (LRLCY)
NASDAQ:AMEX Investor Relations:
loreal-finance.com/eng
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Source: Yahoo! Finance
NEW YORK Feb. 27, 2025 /PRNewswire/ -- L'Oréal Groupe today announced the completion and grand opening of its new North America Research & Innovation (R&I) Center located in Clark, New Jersey , marking a significant milestone in the company's 70-year history in the United States and reaffirming its economic and workforce commitment in the market. Representing a $160 million (€150 million) investment, the nearly 250,000-square-foot, state-of-the-art scientific research center is L'Oréal's largest outside of France Courtesy of L'Oréal Groupe Today's ribbon-cutting event will feature remarks by Nicolas Hieronimus , CEO of the L'Oréal Groupe, Barbara Lavernos , Deputy CEO of L'Oréal Groupe, in charge of Research, Innovation, and Technology, David Greenberg , CEO of L'Oréal USA and President, North America Zone, and Lieutenant Governor of New Jersey Tahesha L. Way Barbara Lavernos, Deputy CEO of L'Oréal Groupe, in charge of Research, Innovation, and Technology said, "The U.S. plays
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