French cosmetics company Fareva Group is purchasing Avon’s last U.S. factory, located in Morton Grove, Illinois, a suburb of Chicago.
Current employees are expected to stay on as Fareva takes over the manufacture of lipstick, body lotion, face cream and other products. They will also manufacture private label products for Walgreens. Fareva employs approximately 1,200 employees globally, producing cosmetics, pharmaceuticals and industrial and household products.