Kirker Enterprises Inc., a Paterson-based maker of nail care products, has purchased its home in the city as it continues to grow its business, it announced Thursday.
The company said it bought 9.4 acres of land and more than 190,000 square feet of manufacturing and office space, with plans to add equipment over the next six months to a year.
It also invested in Creative Studio 55e, a collaborative space for its marketing and creative departments that was unveiled earlier this summer.
“These investments solidify Kirker’s roots in the Paterson community and open up opportunities for sustained economic growth,” CEO and President John McLaughlin said in a prepared statement. “Ownership of the previously rented space alongside the addition of new equipment will allow Kirker the ability to expand production and better serve our customers.”
Financial terms of the real estate deal were not disclosed, nor was the seller.