Matt Bryant CEO Artisan Labs

Artisan Labs Invests $3M in Hansen, Idaho, Bringing Over 50 High-Wage Jobs

A New Era for Hansen, Idaho

Artisan Labs, a leading cosmetic contract formulator and manufacturer, is making waves in Hansen, Idaho, with a significant $3 million investment in a new 12,000-square-foot manufacturing plant. This exciting development is set to bring over 50 high-wage jobs to Twin Falls County, providing a substantial boost to the local economy and the Magic Valley community.

According to Artisan Labs' official website, the company specializes in creating high-quality skincare and cosmetic products, handling everything from product development to production and packaging. Their commitment to innovation and quality has made them a trusted partner in the cosmetics industry.

Economic Impact and Community Integration

The new facility in Hansen is a testament to Artisan Labs’ dedication to growth and community engagement. CEO Matt Bryant expressed enthusiasm about the project, stating, “We are very excited to be in Hansen; the community has been so welcoming.” He emphasized the company’s goal to become a pillar in Hansen and Southern Idaho by giving back to the community where their employees and families live and learn.

The investment is expected to create a range of job opportunities, from research and development roles like cosmetic chemists and laboratory technicians to positions in warehouse operations, quality control, and formula compounding. Artisan Labs plans to begin production in Fall 2021, with potential for future expansion on their 3-acre property, which could triple the plant size and more than double the workforce.

Support from Local Authorities

The project has received strong support from local authorities, including a property tax abatement incentive from Twin Falls County, which allows Artisan Labs to reduce property taxes for up to five years. This incentive is designed to support businesses that invest significantly in taxable equipment or property, fostering economic growth in smaller communities like Hansen.

Idaho Commerce Director Tom Kealey highlighted the significance of Artisan Labs’ investment, noting that the company’s comprehensive manufacturing process—from product development to packaging—offers exciting opportunities for the region’s workforce to leverage their diverse expertise.

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Why This Matters for Hansen

Hansen, a small rural community, has faced challenges in attracting significant investments due to limited existing tax dollars. Artisan Labs’ decision to establish roots in Hansen is a game-changer, bringing high-wage jobs and economic vitality to the area. Local business owners, like Thomas Sanders of T and T Cafe, have expressed optimism about the development, noting that it will bring much-needed activity to the region.

Hansen Mayor Joseph Ratto has also confirmed that the city’s infrastructure, including water and sewer capabilities, is well-equipped to handle the new facility, ensuring minimal strain on local resources.

Looking Ahead

Artisan Labs’ investment is just the beginning. With plans for future expansion and a commitment to community involvement, the company is poised to become a leader in the cosmetics industry while fostering economic growth in Hansen. As the company grows, it aims to offer competitive wages, with entry-level positions starting at around $15 per hour, bench chemists earning $17-$20 per hour, and experienced cosmetic chemists potentially earning up to $85,000 annually within five years.

For more information about Artisan Labs and their innovative work in the cosmetics industry, visit artisanlabs.com.

Conclusion

Artisan Labs’ $3 million investment in Hansen, Idaho, marks a significant milestone for both the company and the Magic Valley community. By bringing over 50 high-wage jobs and a state-of-the-art manufacturing facility, Artisan Labs is not only boosting the local economy but also setting a precedent for sustainable growth in rural areas. Stay tuned for more updates on this exciting development!

Original story and video credit: KMVT News, published March 2, 2021.

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