Global Cosmetics Leader to Fill Vacant Space at Broad Hollow Bioscience Park for Research & Development
Contact: FSC: Jody Fisher / jodyf@austinwilliams.com / 347-419-0444, ELC: Alyssa Kressel / akressel@estee.com / 347-703-6174
Farmingdale State College (FSC) and The Estée Lauder Companies (ELC) have signed a strategic alliance to drive innovation and support for emerging
STEM talent across Long Island, it was announced today. As part of the collaboration,
ELC has leased approximately 40,000 sq. ft. of laboratory and office space at Broad Hollow Bioscience Park (BHBP), located on the FSC campus. In addition, $1,750,000 in funding will be directed
to the Farmingdale College Foundation in support of campus scholarships and programs.
ELC intends to hire talent for more than 30 new scientific R&D roles and in spring
2022 will relocate select teams of employees to the new space.
The collaboration will include an applied learning initiative, which will begin in Fall 2022, and will help prepare students in FSC’s science and engineering programs for potential R&D roles at ELC. It will also include internships and collaborative research activities for FSC students and faculty, adjunct academic opportunities for ELC R&D leaders, and student scholarships.
This multifaceted alliance will benefit the greater Long Island region and expand the already significant presence of the global cosmetics company in the area and enable ELC to grow its best-in-class Research & Development (R&D) capabilities on Long Island and across New York State.
The arrangement also brings to BHBP an anchor tenant focused on research and development, and marks ELC’s first co-location with an academic institution. The space at BHBP is only two miles from ELC’s skin care, makeup, body, fragrance, basic science and advanced technology R&D labs in Melville, NY.
The Broad Hollow Bioscience Park is a partnership between Farmingdale State College, Cold Spring Harbor Laboratory, and the Research Foundation of the State University of New York (SUNY). BHBP is home to various biotech companies partnering to grow the bioscience industry along the Route 110 corridor.
“We are thrilled to welcome The Estée Lauder Companies to the Broad Hollow Bioscience Park and Farmingdale State College,” said Dr. John Nader, President of Farmingdale State College (FSC). "This extraordinary public-private alliance brings a premier corporate partner to our campus and will lead to scholarship support and collaboration opportunities for Farmingdale State College students and faculty. This is a victory for Long Island, the College, and the region’s bioscience corridor.”
The new alliance reinforces ELC’s longstanding commitment to investing in and modernizing its Long Island operations and supporting the local communities in New York State. The company currently, which has been on Long Island for more than 50 years, has thousands of employees across R&D, manufacturing, finance, information technology, and other areas working on its Melville, NY campus. ELC has a strong history of hiring SUNY graduates and also has FSC alumni working at the company.
“We are very proud to collaborate with Farmingdale State College and SUNY to further fuel R&D innovation and empower STEM leaders of tomorrow across Long Island and New York State,” said Lisa Napolione, Senior Vice President, Global Research & Development at The Estée Lauder Companies. “At ELC, our scientists, researchers, engineers, and product developers thrive on combining science, technology and creativity to formulate transformative prestige beauty products. Our collaborations with universities around the world help us stay on the cutting edge and advance our commitment to scientific excellence and delivering the highest quality, breakthrough prestige beauty products to consumers.”
“We are working with The Estée Lauder Companies to develop opportunities to support applied education programs for students and faculty research in our Science and Engineering programs. Our goal is to identify areas for partnership that will complement the mission of each institution,” said Laura Joseph, EdD, Senior Vice President and Provost for Farmingdale State College. “As a globally recognized corporation, The Estée Lauder Companies continues to be a leader in quality product development and their research focus is very well aligned with our academic programs. With the close proximity of our campuses, we expect that opportunities to engage faculty in synergistic research activities will be promising, especially across Bioscience, Chemistry, and Manufacturing/Mechanical/ Electrical Engineering Technology.”
“This partnership between Farmingdale State College and The Estée Lauder Companies at Broad Hollow Bioscience Park is a testament to how SUNY and the private sector can work together to create limitless opportunities within STEM fields,” said SUNY Interim Chancellor Deborah F. Stanley. “I’m confident this collaboration will yield hands-on experiences for our students to learn and grow, research and instruction opportunities for our faculty and job creation potential for years to come. Congratulations to Farmingdale State College on this exciting venture, and to our students who are seizing this opportunity and making their mark.”
As the first institution of public higher education on Long Island and one of the largest institutions in the SUNY system, FSC is committed to preparing graduates to be exemplary citizens equipped to excel in a competitive, diverse, and technically dynamic society. 90% FSC graduates are employed or pursuing graduate degrees within six months. Its engineering and Bioscience graduates work for technology companies and health sciences firms and providers across Long Island and command among the highest salaries of any SUNY graduates. The College shares ELC’s commitment to advancing diversity in STEM. In 2020, the American Society of Engineering Education ranked FSC 2nd nationally in degrees awarded to underrepresented minority students and 3rd nationally in degrees awarded to women. At ELC, approximately 66% of all STEM positions are held by women and 84% of ELC’s global workforce are women.
About The Estée Lauder Companies, Inc.
The Estée Lauder Companies Inc. is one of the world’s leading manufacturers and marketers of quality skin care, makeup, fragrance, and hair care products. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, Tommy Hilfiger, M·A·C, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin Paris, TOM FORD BEAUTY, Smashbox, Ermenegildo Zegna, AERIN, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced and Dr. Jart+, and the DECIEM family of brands, including The Ordinary and NIOD. Follow ELC on Facebook, Twitter, Instagram, and LinkedIn.
About Farmingdale State College
As a regional leader in applied and experiential learning, FSC delivers nationally ranked programs and outcomes that equip graduates with the academic foundation and skills sought by both emerging industries and graduate institutions. Co-ops, externships, and other applied learning opportunities, such as those that will be provided through the collaboration with ELC, are at the heart of the FSC experience. Through providing new opportunities for students, this collaboration has strong potential to encourage graduates to stay on Long Island. Currently, 96% of FSC graduates are working in New York State with 75% on Long Island. Follow FSC on Facebook, Twitter, Instagram, and LinkedIn.
About Broad Hollow Bioscience Park, Inc.
Broad Hollow Bioscience Park, Inc. (BHBP) is a not-for-profit entity located on the campus of Farmingdale State College (SUNY) which is designed to support early-stage companies with a need for wet laboratory space. BHBP is composed of 102,500 square feet of space in two facilities. Early-stage companies can lease space in increments of 500 SF, wet lab, and office space. Building operations are fully supported and shared equipment is available for tenant use. BHBP's other facility is 62,000 SF and is ideal for a company seeking a corporate research facility that provides laboratories, administration area, data room, library/conference room and lunchroom. BHBP is a partnership between Farmingdale State College, Cold Spring Harbor Laboratory, and the Research Foundation of the State University of New York.
Learn more about this strategic partnership on Newsday.com