Fort Worth skin care manufacturer Galderma has placed the final beam on the expansion of its headquarters, which will add a new research and development center and an expected 342 new positions.
Galderma, which produces the popular Cetaphil skin care brand, is funneling $22 million into the new facility. Its addition will bring the total job count there to more than 600. Fort Worth Mayor Betsy Price will join the company’s North America President and GM Miles Harrison for a topping out ceremony later this morning.
The expansion was subsidized, in part, with $2 million from the state’s Texas Enterprise Fund. The city of Fort Worth also added tax incentives to help with the cost of building a 100,000 square foot development and training facility. Galderma, based in Lausanne, Switzerland, is present in more than 100 countries. The company was formed in 1981.
“Galderma’s expansion shows the company’s commitment to serving the Fort Worth community and its workforce needs,” said Gov. Greg Abbott in a statement announcing the expansion. “We are proud that Galderma has decided to continue investing in Texas and create hundreds of new jobs to support their North American operations.”
The addition is expected to be operational in the first quarter of 2017.