Hain Celestial Announces Expansion of International Corporate Headquarters On Long Island

With tax incentives provided by the State of New York through Empire State Development and the Nassau County Industrial Development Agency, Hain Celestial has committed to investing $10 million as part of its office relocation and expansion of its operations.

14 May 2012 --- The Hain Celestial Group, Inc., a leading natural and organic products company providing consumers with A Healthy Way of Life, announced the Company's commitment to expand its international corporate headquarters.  The Company has leased new office space in Lake Success, New York in Nassau County where it plans to relocate its existing 250 Long Island-based employees and create over 100 new jobs over the next ten years.

With tax incentives provided by the State of New York through Empire State Development and the Nassau County Industrial Development Agency, Hain Celestial has committed to investing $10 million as part of its office relocation and expansion of its operations.

"The expansion of Hain Celestial means an industry-leading business and almost 400 jobs will stay right where they belong on Long Island," Governor Andrew M. Cuomo said. "This is another strong sign that New York is becoming a place where businesses want to grow and make long-term, job-creating investments."

"Nearly 20 years ago, I founded Hain Celestial as a start-up company on Long Island with a handful of employees.  By 2001 we had 120 employees and over $400 million in sales when we moved to our present location.  As a proud resident New Yorker, I am pleased to be increasing our commitment to the region with the expansion of our international corporate headquarters complete with state-of-the art sustainable features," said Irwin D. Simon, Founder, President and Chief Executive Officer of Hain Celestial.

"The design and layout of our new facility will provide us with a nurturing environment to foster the next level of growth for the Company.  Our new in-house research and development capability will create products that will be sold all over the world.  Additionally, our commitment to innovative natural and organic products that consumers are increasingly seeking out should benefit our employees, customers, consumers and shareholders as well as providing New York State and Nassau County with a stable employer and employee base committed to a greater good as we all recognize the benefit of maintaining A Healthy Way of Life.  Lastly, I would personally like to thank Governor Cuomo and Nassau County Executive Mangano who, along with others, played an integral part in making sure that Hain Celestial would remain in New York."

Nassau County Executive Edward P. Mangano said, "It's a great day when government can help save and create private sector jobs and assist in economic development projects that benefit the community. I led the charge to bring Hain Celestial's headquarters to Nassau County and with final approval from the Nassau County Industrial Development Agency, this agreement will ensure that Nassau County helps save and create hundreds of good-paying local jobs. From creating new jobs to generating economic activity in our local economy, this announcement is a win-win for Nassau residents."