Soapmaker Method and its Chicago plant in deal with SC Johnson – Manufacturing News

on Sep15

15 September 2017 | 8:03 pm

Global manufacturer SC Johnson announced today it paid an undisclosed sum to buy eco-friendly soapmaker Method Products, which operates a factory on Chicago’s Far South Side.

As part of the deal, SC Johnson will acquire Ecover, a European-based cleaning products brand which, along with Method, is owned by San Francisco-based People Against Dirty.

Crain’s editorial => Method factory success story is worthy of repetition

“Method and Ecover have a strong tradition of innovation and delivering on consumers’ needs. They are a great complement to SC Johnson’s trusted lineup of iconic brands,” said Fisk Johnson, SC Johnson’s chairman and CEO, in a statement.

The transaction is subject to regulatory approvals in the U.S., U.K. and Germany. SC Johnson, based in Racine, Wis., did not disclose when the regulatory process would begin or likely end.

Method’s 500-person Chicago factory is located in the city’s Pullman neighborhood. Method came to the Far South Side in April 2015, and was financed through a mix of public and private funds. Method invested at least $30 million into building the Chicago plant; the city invested $8 million in tax-increment financing funds to lure the factory to Chicago.

SC Johnson was not immediately available for comment on the future of the Chicago plant.

Related => Here’s how the Pullman community brought Method’s plant to Chicago



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