L'Oreal Expands Manufacturing Plant In Russia's Kaluga Region

L’Oreal said it plans to expand its manufacturing plant in Russia’s Kaluga region in order to meet growing demand for its beauty products in the country. According to the company, it will invest more than 2.5 billion rubles, or $35.6 million at current exchange rates, to add 152,222 square feet to the 111,111-square-foot plant. By July 2017, construction should be completed at the factory, which opened in 2010 and produces haircare products and hair dyes for the company’s L’Oreal Paris and Garnier brands.