Fragrance company closing Augusta plant by summer of 2014

Friday, May 3, 2013 4:16 PM
Last updated 10:57 PM
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International Flavors & Fragrances Inc. said Friday it will close its Augusta plant by summer 2014.

The plant at 3005 Inter­national Blvd. in south Augusta makes ingredients for fragrances that go into products such as perfume, laundry soap and shampoo.

The company said it is consolidating the production into other facilities that make ingredients. According to its annual report, it has ingredients facilities in Jacksonville, Fla., and South Brunswick, N.J., and eight in other countries.

The company came to Augusta in 1995 and expanded in 1999. The plant has 54 employees, according to data from the Augusta Economic Development Authority.

The closing will “improve efficiencies” in the company’s manufacturing network, it said in a statement.

“Providing innovative and cost-effective ingredients for use in our Fragrance Compounds business is our number one priority and is critical to our ability to create winning solutions for our customers,” stated Nicolas Mirzayantz, the Fragrances Group president. “With a changing competitive environment, we have decided to streamline those parts of our business that support lower value-added, commodity-like ingredients and remain focused on those areas that are more value-enhancing.”

In February, the company reported that its fragrance business unit generated $1.4 billion in revenue in 2012 for the international firm, which was flat compared to 2011.

The plant will shut down before July 2014.

International Flavors & Fragrances owns 153 acres at its complex, which is adjacent to International Paper, that has a total value of $3.2 million, according to Richmond County property records. The New York-based company has more than 5,700 employees working in 32 countries.

JOB GAINS SEND STOCKS UP

A big gain in the job market pushed the stock market past major milestones Friday.

The Dow Jones industrial average crossed 15,000 for the first time, and the Standard and Poor’s 500 index, a broader market measure, broke through 1,600.

The government said U.S. employers added 165,000 workers in April and more in February and March than previously estimated. The unemployment rate fell to the lowest level in four years, 7.5 percent.

BUSINESS, 7C

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Dixieman
15999
Points
Dixieman 05/04/13 - 07:26 am
10
0
88,902,363 POINTS

Well, that stinks!

jpbrig
260
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jpbrig 05/03/13 - 04:58 pm
2
2
Good corporate neighbor

We have ben a good corporate neighbor. I sorry to see them go.

dichotomy
34715
Points
dichotomy 05/03/13 - 05:09 pm
8
0
Seems like businesses are

Seems like businesses are going about as fast as others are coming. Is countyman keeping score? Are we keeping our head above water?

soapy_725
43817
Points
soapy_725 05/03/13 - 06:02 pm
0
0
countyman to the rescue !!!!!!!
Unpublished

government construction jobs and government crony jobs will more than fill the gap. Who needs high paying heavy industry jobs. Not the Dow Jones. Certainly not the ARC of No Covenant.

soapy_725
43817
Points
soapy_725 05/03/13 - 06:04 pm
0
0
this plant was built to offset the odors from
Unpublished

the paper mill and sewage treatment plant. It was definitely effective on evening approaches to Bush Field. Like a giant Febreeze bottle LOL

soapy_725
43817
Points
soapy_725 05/03/13 - 06:07 pm
0
0
The satelite view of that place looks like a
Unpublished

picture from Mars. Better get the EPA out to this site or we will be paying for another cleanup and relocation of citizens.

countyman
20717
Points
countyman 05/03/13 - 06:20 pm
5
8
Augusta is winning!!!

The unemployment rate of metro Augusta is lower compared to the state of Georgia. I noticed that article in the Chronicle had a total of zero comments too.

Some of the jobs at the $172 million Starbucks(2012 GA Deal of the Year) plant are now posted online.
https://starbucks.taleo.net/careersection/agusta/jobsearch.ftl?lang=en&r...

The hard construction of the $115 million Rockwood plant is about to begin.
http://appweb.augustaga.gov/planning_zoning/plazid_display.asp?zID=4471

Hagler Systems, Medac, etc are other job announcements... The Cancer research building, medical commons, and NSA in Richmond County, Bridgestone/Recleim in Aiken county, and Plant Vogtle in Burke County will help too.

GnipGnop
12523
Points
GnipGnop 05/03/13 - 06:45 pm
7
2
Starbucks...

announced 50 less jobs than what you have been posting. Also, International Paper employees didn't lose their jobs but about 50 of them took a 10 dollar an hour pay decrease. Now the fragrance plant closing and also P&G and SRS layoffs and a rumor of layoffs at Augusta Newsprint. Augusta can't take to much more of this winning.Not that it's Augusta's fault as it seems to be the trend all over the country...

countyman
20717
Points
countyman 05/03/13 - 10:51 pm
3
9
Every single day

Yeah, it's no big deal if a metro of less than 600k had Starbucks, Rockwood, and Bridgestone all ramping up together.
I'm sure we could go visit every metro the size of Augusta, and see the same amount of private construction projects underway.

Anybody notice the same few people have to be negative every single day. The unemployment rate is lower compared to the state of Georgia. How can you spin that??

I think somebody read/saw the WRDW article, but didn't see the rest of the information...

''The facility is expected to bring in close to 100 jobs and possibly even more. ''

This quote didn't mean Starbucks is announcing 50 less, and 100 jobs would be only 40 less compared to 140. Not to mention the article clearly said possibly even more which is true.

I see no mention of the Hagler Systems, Urban Oufitters, or Medac hundreds of new jobs either... Or the close to 5,000 permanent jobs created at Plant Vogtle or the NSA.

Young Fred
18262
Points
Young Fred 05/04/13 - 02:09 am
9
0
Not sure exactly why this one shut down, but...

There is a big time problem with the labor in this area.

You would be SHOCKED by the lack of employees that will merely show up every day and on time.

Two simple requirements that would go a long, long, way towards job security.

Not just job security, but an employer willing to invest time and energy in an area that provides quality employment.

Imagine yourself starting a business that requires a reliable workforce. A very simple requirement, a very basic requirement. Any business would be foolish to invest in a start-up or even a going concern without a basic chance of the minimum requirements.

Riverman1
87485
Points
Riverman1 05/04/13 - 06:42 am
10
0
I'm sorry for the workers at

I'm sorry for the workers at the facility that's closing. I do think we often overlook Aiken's Bridgestone factory. With its expansion the facility has turned into a mega, good paying jobs, producer. That was the biggest catch in the CSRA in decades.

Bodhisattva
6476
Points
Bodhisattva 05/04/13 - 07:23 am
2
5
Isn't there something creepy
Unpublished

Isn't there something creepy having a "taste" and "smell" manufacturer located adjacent to International Paper? I do have to admit, sometimes the smell is so thick you can almost taste it.

nocnoc
45423
Points
nocnoc 05/04/13 - 08:11 am
4
2
Obama Care, federal reg's, Taxes and NAFTA strike again

...it has ingredients facilities in...
eight in other countries.

GnipGnop
12523
Points
GnipGnop 05/04/13 - 10:21 am
4
1
Possibly?

So is possibly now synonymous with certainly? Someone might need to recheck where some of these businesses are. Once again using the outer areas only when it suits your "winning" statements. Until Augusta politics change and the unfair property tax and soon to be illegal garbage tax problems are dealt with Augusta tax payers will not be a "winner".

dichotomy
34715
Points
dichotomy 05/04/13 - 11:38 am
3
0
Sometimes I think countyman

Sometimes I think countyman is pulling a Wimpy on us. "I'll gladly pay you Tuesday for a hamburger today".

countyman is trading us projected (guess) jobs tomorrow for known closings and job cuts today. Hopefully these projected jobs will come about faster than the Five Guys Burgers and Fries in South Augusta.

I'm not saying they will not come. I'm just saying that the Old Ones Already Gone column looks bigger than the New Ones Already Here column if you confine the discussion to businesses located IN Augusta/RC.

Oh, and don't worry about the unfair property taxes and illegal trash fees. I assure you that when the dust settles in the backroom down at the commission, the rural and suburban property owners will be the only ones who see a big increase and will STILL be subsidizing INTENTIONALLY UNDERVALUED urban residential properties that don't even pay enough tax to cover their garbage service.....many of which are owned by "leading citizens" as income producing rental properties.

The tax situation is a foregone conclusion. West Augusta, which has very high property values, and rural Southeast Richmond County will continue to subsidize downtown residential property owners.
Southeast Richmond County, which pays a lot of taxes on, not only their houses but also 7000 acres of "tax grab" rezoned vacant "residential" land, but gets very little, and lesser quality, "city" services....and NO "city" services for their overtaxed vacant land........well, they will continue to get screwed on subsidizing the urban properties and will continue living with a lesser quality fire, ambulance, police protection, road and DITCH maintenance, and NO "development", etc.

There can NEVER be an equitable tax system in Augusta/RC where taxes are assessed equally, collected equally, and spent equally in the areas from which they came. That was the ENTIRE point of Consolidation. Consolidation was simply a case of "Be careful what you asked for" for rural and suburban property owners. And NEVER believe it when a government tries to tell you that if you approve something it will save you money. We DID NOT save anything and we LOST what was rightfully our tax money and gave them the authority to take more from us and spend it all in the "old city". After 18 years, is Southeast Richmond County and the South Augusta Peach Orchard Rd corridor and surrounding areas better off than we were before Consolidation? I don't think so. I think we are much worse off than where we would have been if we had kept control of our own tax money.

walrus4ever
354
Points
walrus4ever 05/04/13 - 12:01 pm
1
1
Lets see.... laundry

Lets see.... laundry detergent fragrances, soap going to Louisiana by 2014. Just falling dominoes. Lots of Louisiana tags on the southside these days.

dwb619
97783
Points
dwb619 05/04/13 - 12:56 pm
2
0
Hagler

Isn't Hagler Systems moving their existing operation from Sweetwater to Augusta?

dwb619
97783
Points
dwb619 05/04/13 - 12:58 pm
2
0
Louisiana tags

I would imagine that a lot of those Louisiana tags are associated with Vogtle 3&4, (Stone and Webster) employees.

proudgunowner
148
Points
proudgunowner 05/04/13 - 01:10 pm
0
0
Could the Augusta metro area
Unpublished

Could the Augusta metro area unemployment rate be lower than the rest of Georgia because there is a huge number of people who live off of welfare and don't actually work living in the area?

The stock market is booming because the gub'ment is pumping $85 billion a month of FAKE money into the economy.

When my property value comes back to where it was in 2006 then I'll agree that the economy of Augusta is doing well. Until then, we'll just have to listen to the cheerleaders tell us the same thing over and over again.

Gage Creed
17968
Points
Gage Creed 05/04/13 - 02:59 pm
4
1
dwb619.... you'll only

dwb619.... you'll only confuse countyman if you present facts.....

5000 PERMANENT jobs at Vogtle....REALLY? Somebody better let Southern Company know... they are only planning for 800

Not sure I'd hang my hat on MEDAC either... See Chronicle reports of Tax Commissioner booting an Air Ambulance.

countyman
20717
Points
countyman 05/04/13 - 05:48 pm
1
3
''Or the close to 5,000

''Or the close to 5,000 permanent jobs created at Plant Vogtle or the NSA.''

Please read before trying to make sarcastic remarks...

Lol, Dwb619 said 'to Augusta' which means the plant is coming to Augusta. I think somebody thought he was saying the plant was moving from Augusta.

Gage Creed
17968
Points
Gage Creed 05/04/13 - 08:43 pm
3
0
So how many PERMANENT jobs

So how many PERMANENT jobs will be created at Plant Vogtle OR NSA?

5000 each? 2500 each? I used your statement as the basis of my statement.

Do you have any idea where the former Hagler plant was? You know, the one on Five Notch Road...that is moving 11.9 miles to Sand Bar Ferry Road... (dramatic eyeroll)

Countyman as usual, never lets numbers stand between him and an embellishment!

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