Monday, January 26, 2009

Gilchrist & Soames plans $3M expansion

Gilchrist & Soames plans $3M expansion

"Hotel toiletries maker Gilchrist & Soames said today it plans to spend $3 million to expand its Indianapolis headquarters and manufacturing operations, creating more than 40 jobs by 2014.

"The company, purchased by San Francisco-based private equity firm Swander Pace Capital for $51 million in 2001, supplies bath and body products to luxury hotels and resorts around the world.

"Gilchrist & Soames employs about 120 people at a 125,000-square-foot operation at 1535 E. Naomi St., southeast of downtown. It expects to begin adding entry level through managerial positions in the next year." --Indianapolis Business Journal

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