The Northeast Science and Technology (NEST) Center has announced that Revlon will relocate its New Jersey-based science and innovation (R&D) lab to the NEST campus.
Revlon's decision to join NEST comes after CoreWeave's announcement that it plans to lease 280,000 square feet of space on campus. Revlon's research labs, pilot manufacturing and office functions will be stationed in a 62,000-square-foot space within the 1.2 million-square-foot building known as 15 Nest, the building that was previously Merck's global research headquarters. Revlon will be the first tenant to occupy 15 NEST since Merck's departure in early 2024.
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Matthew Flath, senior vice president asset management, Onyx Equities, which oversees the NEST campus, says, "Revlon's decision to join NEST is an exciting step towards our vision of a dynamic, collaborative, innovation ecosystem. With their decades-long legacy in beauty and personal care, Revlon complements the forward-thinking research environment at NEST and is helping to establish a community where leading science and technology companies unite to innovate, thrive, and elevate industry standards."
Lise Jorgensen, Revlon's chief scientific officer, says, "Revlon selected NEST for its existing lab infrastructure, which will help us further amplify our innovation capabilities, and provide a state-of-the-art setting to meet our specific R&D needs. This substantial investment in our R&D capabilities marks a critical and exciting step in Revlon's future and reinforces our commitment to develop the most advanced consumer-inspired products for our brands around the world."
