11.29.23
Nu Skin Enterprises, Inc. has opened a new manufacturing facility in Shanghai, China.
Nu Skin has invested approximately $55 million in the new facility over the past few years, which will increase production capacity and supply chain responsiveness for the company in China and its other Asian markets.
"We have a 20-year history in Mainland China, and we continue to invest in our future in the region," said Ryan Napierski, Nu Skin president and CEO. "This new facility, along with our China headquarters completed in 2014, represent our two largest overseas investments and a significant commitment to China as a key R&D and manufacturing center for the company."
The modern facility developed with Industry 4.0 standards is located in the Fengxian District of Shanghai. Measuring 440,000 square feet, it was designed and constructed in accordance with green building standards, maintaining a high production capacity while conserving energy and reducing water consumption, officials said. More than 200 guests attended the grand opening, representing local government, industry associations and consumer associations.
Nu Skin Enterprises also has manufacturing facilities in the US as part of its Rhyz Inc. subsidiary, a synergistic ecosystem of consumer, technology and manufacturing companies. These manufacturers not only drive the core Nu Skin business, but also provide services for 120 other customers.