Project Title: Zotos International Insourcing Project
Project Location: City of Geneva, Ontario County
Project Investment: $5 million
Jobs Created or Retained: 50 new jobs to be created
Competitive Locations: New Jersey
Project Description: In 2009, haircare manufacturer Zotos International, Inc., a unit of Shiseido Americas Corp., invested $5 million in bring additional manufacturing capacity in-house and insource its aerosol and plastic bottle blow-molding capabilities. The project assisted the company with its ongoing vertical integration strategy within the beauty industry.
Project Need, Local: The Ontario County Revolving Loan Fund (RLF) approved a $250,000 loan for this project. The city of Geneva RLF also supported this project with a $250,000 loan.
Project Need, State: The New York State Division of Housing and Community Renewal (DHCR) approved a $500,000 grant to Zotos to assist with this project.