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Pharmaceutical & Biotech

South Carolina Lands New GlaxoSmithKline Pharmaceutical Distribution Facility

GlaxoSmithKline Consumer Healthcare is the world's second largest over-the-counter healthcare products company and also ranks second globally in sales of oral care products.

Released Wednesday, April 23, 2003

South Carolina Lands New GlaxoSmithKline Pharmaceutical Distribution Facility

Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). GlaxoSmithKline Consumer Healthcare (NYSE: GSK) (London, England) has chosen a 20-acre site in Fountain Inn, South Carolina as the site for their newest pharmaceutical distribution facility. This over-the-counter (OTC) division of GSK has had operations in the area since 1988 and the new center will be responsible for the distribution of the company's products to the entire southeast region.

The 260,000 square foot building will be fully automated and outfitted with climate control equipment. Harper Construction (Greenville, South Carolina) is the general contractor for the project. Liberty Property Trust will own the building and lease it to GSK.

GlaxoSmithKline Consumer Healthcare is the world's second largest over-the-counter healthcare products company and also ranks second globally in sales of oral care products. Its more than 40 well-known products include such medicine cabinet staples as Aquafresh toothpastes and toothbrushes, Nicorette, NicoDerm, Sensodyne, and Tums.

Industrialinfo.com monitors the Pharmaceutical-Biotech industry and recently released its 2003 North American Pharmaceutical-Biotech Forecast.
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