Personal Care and Beauty Innovation Campus Spurs Growth
In an effort to spur growth and inspire synergies among similar business sectors, the Village of New Albany recently divided sections of its Business Park into Innovation Campuses and the effort is paying off. Three companies are slated to move into the park’s Personal Care and Beauty Campus off State Route 161 on both sides of Beech Road.
Contract packager, Accel, Inc., a 15-year supplier to Limited Brands founded by former Limited employee Tara Abraham, plans to build a $20 million, 417,000-square-foot facility projected to employ more than 200 workers. Accel provides assembly, package engineering and design, sourcing and logistics.
Two additional companies that do business with Bath & Body Works and Victoria’s Secret chains have also announced plans to build in the park. Together with Accel, thw two new companies, Knowlton Development Corp. and Vee Pak Ohio will result in more than 500 employees developing, producing and packaging shampoos, lotions and cosmetics at the campus
Knowlton Packaging, based in Knowlton, Quebec, a packaging and consumer goods manufacturer plans to spend $55 million on a 250,000-square-foot manufacturing, research and development complex scheduled to open in 2012. Vee Pak, a Chicago-area based company will build an $11.5 million, 105,000-square-foot production facility utilizing state-of-the art technology to create labels for personal care products.
All of the facilities built within the campus will meet LEED (Leadership in Energy and Environmental Design) standards for “green” certification.
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