Malouf Companies, a diverse consumer goods business, plans to establish operations in Laurens, South Carolina. The $47.2 million investment is expected to create 240 new jobs.

Located at 101 Michelin Drive, Malouf’s new facility will increase the company’s warehousing capabilities and enhance distribution capacity to meet growing demand. The new facility is expected to be operational in November 2021.

“Our South Carolina facility offers many of the same advantages and opportunities that we have in North Carolina, but gives us more space under one roof. This space will simplify our supply chain process by allowing us to consolidate all of our specialty retail products in one place for East Coast fulfillment. We are excited to be in Laurens and hope to impact the community in a positive way as we have done at our other locations,” said Malouf Director of National Distribution Ryan Egbert.

The Coordinating Council for Economic Development has approved a $200,000 Rural Infrastructure Fund grant to Laurens County to assist with site preparation and building improvements.

“We are excited to welcome Malouf to the South Carolina business community. The Palmetto State continues to attract world-class companies that bring capital investment and jobs to our borders, which is always a great reason to celebrate,” said Secretary of Commerce Harry M. Lightsey III.

Founded in 2003, Malouf warehouses and distributes home furnishings and other consumer products, while also providing technology, retail and logistics services throughout the United States.