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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowHotel 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 2007, 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.
The Indiana Economic Development Corp. offered the company up to $227,000 in performance-based tax credits and as much as $67,000 in training grants based on the company’s job creation plans. The city and Indianapolis Economic Development Inc. will support a property tax abatement request to the Metropolitan Development Commission.
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