GT Cosmetics to open two more manufacturing plants
CEBU, Philippines - Cebu-based beauty care products maker, GT Cosmetics Manufacturing is up to spend another multi-billion-peso investment to build at least two additional manufacturing plants here and abroad.
"For 2013 we are looking forward to expanding our market abroad, and with the Mindanao," announced GT Cosmetics founder and national sales manager Leonora B. Salvane yesterday on the sidelines of the unveiling of the company's four-in-one carrot body lotion.
Salvane said the 18-year-old beauty product brand, has now expanded its market reach not only in the Philippines but also in other countries like Australia, Malaysia, Japan, USA, Finland and others.
Another plant will also soon open in Malaysia but as of now is still under negotiations and is still on the drawing board.
Despite the growing competition in the beauty and skin care industry, GT Cosmetics recorded a record-breaking year in 2012 with sales growth hit 175 percent--the highest ever in the company's sales history.
Salvane attributed the increase in sales to the growing number of satisfied GT users in the country and to the swelling number of retailing outlets and stores selling the GT product lines nationwide.
While the locally-manufactured GT Bleaching soap continues to strengthen its position as the most - preferred whitening soap of choice in the market today as reported by Watsons 2012 annual magazine issue, the GT Carrot soap remains as the company's best-selling product of all time.
"Sales in Mindanao increased proportionately, aligned with nationwide sales growth as more outlets have opened for us. Thus, we had to get the logistics services of Airlift Asia to help us in the distribution of our products" she said.
Last year, the company opened a P13 million manufacturing plant in Marilao, Bulacan to be able to cater to the increasing demand of its proudly-Philippine-made beauty products both locally and internationally.
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