In Brief: Avon
This article was originally published in The Rose Sheet
Executive Summary
Avon: Investing $34 mil. in a new manufacturing facility in the Philippines, the company said. Construction is slated to commence in 1997, and is expected to be complete by 1998. The site will produce 100 mil. units annually and will replace the existing manufacturing facility in the Philippines, which makes 40 mil. units per year, Avon said. The plant will be based near Manila. Avon also has manufacturing sites in China, Japan and Indonesia, and is currently building a distribution facility in Thailand...