In New Jersey, a toll bridge that spans the Delaware River proclaims, “What Trenton Makes the World Takes.”
It’s a reminder of America’s industrial heritage that now seems outdated as most manufacturing has left Trenton, and more broadly the U.S., in search of cheaper labor abroad.
The beauty industry, however, bucks the trend, with New Jersey and New York serving as the hub of local contract product manufacturing.
U.S. cosmetics and beauty product manufacturing is on track to generate $54.9 billion in 2012, said Nikoleta Panteva, senior analyst at IBISWorld Inc., a market research firm. By category, the three biggest segments are hair care, accounting for 24 percent of the products, followed by skin care at 23.7 percent and cosmetics at 18.6 percent.
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