A beauty products company is planning a $12 million expansion at its Sanford manufacturing operations and expects to add 140 jobs by early next year.
Coty Inc. already makes lotions and fragrances at its Sanford facility, which opened in 1971 and employs about 800 people. The expansion will add production lines to make nail polishes. Production is scheduled to begin in March.
City and Lee County officials provided incentives worth about $280,000 to attract the jobs, which will pay an average of about $38,000 a year, said Bob Heuts, economic development director for Lee County.
"We did provide some incentives to make sure that project ended up here and not somewhere else," Heuts said. "Obviously, a manufacturer like that has many options around the world."