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2010 brings an exciting year ahead for HCP as we celebrate and reflect on 50 years of ‘being in the business’.
HCP successfully weathered the storm of recession in 2009, which undoubtedly adversely affected our industry; through focus on continual investment in packaging innovation, technology, manufacturing capability and new stock products, which delivered a consecutive year of growth, against a market trend of downturn.
Spring 2010 will bring the opening of HCP Mexico - a major investment in terms of manufacturing for HCP to add to its existing four factories; three located in China and the current North American facility in Hinsdale, New Hampshire. This additional USA capacity supports the expanding business and sales growth, which has been strong in the USA market, lead by the sales headquarters located in Shelton, Connecticut.
The new HCP factory is situated in Reynosa, Tamaulipas, Mexico, close to the USA border. HCP Reynosa and will employ approximately 130 people. HCP intends to transfer a portion of its activities from its Hinsdale, New Hampshire and Shanghai, PRC facilities, to the new factory.
The boom in eyes and mascara technology has meant HCP’s USA sales have grown considerably in the last 12 months and this trend is expected to continue for the foreseeable future. Supply chain considerations and rising transit costs are increasingly encouraging suppliers to develop and expand factories on a localised basis in close proximity to customers filling operations.
The factory will occupy a 70,000 square foot facility located in the Villa Florida Industrial Park, approximately 15 minutes from the US border. Manufacturing capabilities will include injection molding, injection blow molding, UV lacquering, vacuum metallising, as well as decoration and assembly.
So many new plans are ahead in 2010 for HCP! We hope that you will join us in celebrating and working with us for mutual success in HCP’s 50th anniversary year!
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