(Indianapolis, Indiana) - Hotel toiletries producer Gilchrist & Soames says it will expand its global headquarters and manufacturing operations here, creating more than 40 jobs by 2014.The maker of cosmetic-grade bath and body products will invest more than $3 million to expand its 125,000-square-foot operation on the city's near southeast side, according to the Indiana Economic Development Corporation.
Gilchrist & Soames - whose products are found globally in properties such as Mandarin Oriental Hotels, The Peninsula Hotels and upscale Las Vegas hotels - will begin adding entry level through managerial positions to its workforce in the next year. Founded in London in 1975, the company has grown from a small supplier to bed and breakfast inns to a global developer, manufacturer and distributer of toiletries for exclusive hotels and resorts across North America, Europe, Middle East, Africa, Asia and Australia.
The company's earliest forays into the luxury market began in 1975 with innovative and captivating home fragrance, candles and pot-pourri.
In 1984 the company was acquired by Potter & Moore, the oldest operating toiletry company in the world dating back to the 18th century.
In the mid-1980s launched its first toiletries collection for the country house hotel market in the United Kingdom. In 1989 the company began distribution of upscale hotel toiletries to properties in North America.
In 1998 the comany was acquired by E&A Industries, a privately held company based in Indianapolis, Indiana (USA).
In 2002 they acquired Essentiel Elements, a San Francisco-based company specialising in essential oil-based spa, hair and skin care products.
In 2007 the company was acquired by Swander Pace Capital (October), a leading private equity firm specializing in investments in growth-oriented, lower middle-market consumer products companies.
The Indiana Economic Development Corporation offered Gilchrist & Soames up to $227,000 in performance-based tax credits and up to $67,000 in training grants based on the company's job creation plans. The news of Gilchrist & Soames' expansion in Indianapolis comes 15 months after San Francisco-based private equity firm Swander Pace Capital purchased the toiletries maker from Indiana-based E&A Industries.
For more information about the company visit www.gilchristsoames.com.
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