Beauty products company Revlon filed a notice under the Worker Adjustment and Retraining Notification Act saying it is closing its manufacturing facility on Jacksonville’s Westside, resulting in the permanent layoff of 127 employees.
In a May 16 letter to the Florida Department of Commerce, Revlon said the layoffs at the facility at 5344 Overmyer Drive will begin July 18 and will continue for three months.
“The decision to terminate these operations is to streamline our business operations to ensure the long-term sustainability of our company,” the letter said.
Lou Urso, director of human relations at the Jacksonville plant, said the facility makes cosmetics including Creme of Nature and American Crew hair care products.
A Revlon spokesperson said by email said the affected employees were told of plans to close the plant several months ago.
“After careful consideration and thorough evaluation, earlier this year, we informed our workforce of our plans to permanently close our Jacksonville, FL manufacturing facility and transition production to our existing Oxford, NC facility," she said.
"We currently have no plans for additional facility closures.”
The Jacksonville operation was built in 1961-64 on 7.38 acres south along Overmyer Drive. It is north of Interstate 10 between Stevens Street and Beautyrest Avenue, south of Highway Avenue and several blocks west of Cassat Avenue.
The Duval County Property Appraiser shows the property is owned by Roux Laboratories Inc. of New York City.
New York-based Revlon filed for a Chapter 11 bankruptcy reorganization in 2022, 90 years after its founding, and emerged in May 2023 as a private company called Revlon Group Holdings owned by a group of its lenders.
Revlon said it had sales of $490 million and operating income of $51 million in the first quarter of 2023, its final quarter as a public company.
The company said it simplified its capital structure in the Chapter 11 reorganization by eliminating more than $2.7 billion in debt, reducing its outstanding debt to $1.5 billion.