Estée Lauder Companies signs lease for new New York-based engineering center

Estée Lauder Companies signs lease for new New York-based engineering center

The Estée Lauder Companies is said to have signed a lease for the construction of a new $14.5 million engineering center, according to a report by Newsday.

The cosmetics giant is said to be constructing the center near its current production site in Melville, NY, and will invest around $7 million towards renovations of a structure as well as $7 million on new equipment. The development is thought to create around 30 new positions.

Gregory F. Polcer, Executive Vice President of global supply chain at Estée Lauder told Newsday, “The engineering innovation that will result from this investment will be infused across our global supply chain, helping us create trends and drive speed-to-market.”

The center is set to be dedicated to developing and testing manufacturing processes, according to a statement by the Suffolk County Industrial Development Agency (Suffolk IDA) printed by LIBN.

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