Maxwood Furniture, a leading manufacturer and distributor of solid wood furniture, has announced a $6 million expansion of its distribution center in Marion. The project, expected to be completed in the third quarter of 2028, will create 43 new jobs in the area.
The family-owned and operated company, headquartered in Charleston County, has expressed its gratitude for the support of state and local leadership, which played a crucial role in their decision to invest and generate employment opportunities in Marion.
Maxwood Furniture President, Stephen Jensen, emphasized the dedication and hard work of the Maxwood Furniture team as the driving force behind the company’s growth and success in the community. With this expansion, Maxwood aims to further establish its presence in the region and continue to flourish.
The Coordinating Council for Economic Development has approved job development credits for this project, along with a $200,000 Rural Infrastructure Fund grant to Marion County. The grant will assist in covering the costs of necessary building improvements.
Marion, with a population of 6,100, will benefit from the economic growth and job creation that the expansion brings. The project not only highlights Maxwood Furniture’s commitment to innovation and excellence in the furniture industry but also demonstrates their dedication to supporting local communities.
As the third quarter of 2028 approaches, the community eagerly anticipates the completion of the expansion project and looks forward to the positive impact it will have on the region’s economy. Maxwood Furniture’s investment serves as a testament to the potential for growth and prosperity in Marion and showcases the opportunities for businesses to thrive in this vibrant community.
FAQ Section:
1. What is the expansion project by Maxwood Furniture?
Maxwood Furniture is undertaking a $6 million expansion of its distribution center in Marion.
2. When is the expected completion date of the expansion project?
The project is expected to be completed in the third quarter of 2028.
3. How many new jobs will be created as a result of the expansion project?
The expansion will create 43 new jobs in the Marion area.
4. Who is Maxwood Furniture?
Maxwood Furniture is a leading manufacturer and distributor of solid wood furniture.
5. Where is Maxwood Furniture headquartered?
Maxwood Furniture is headquartered in Charleston County.
6. What role did state and local leadership play in Maxwood Furniture’s decision to invest in Marion?
State and local leadership provided support that played a crucial role in Maxwood Furniture’s decision to invest in Marion and generate employment opportunities.
7. How does Maxwood Furniture view the dedication and hard work of its team?
Maxwood Furniture President, Stephen Jensen, emphasizes the dedication and hard work of the Maxwood Furniture team as the driving force behind the company’s growth and success in the community.
8. What support has been provided by the Coordinating Council for Economic Development?
The Coordinating Council for Economic Development has approved job development credits for the project and a $200,000 Rural Infrastructure Fund grant to Marion County to cover the costs of necessary building improvements.
9. How will Marion benefit from the expansion project?
Marion, with a population of 6,100, will benefit from the economic growth and job creation brought by the expansion project.
10. What does Maxwood Furniture’s investment in Marion signify?
Maxwood Furniture’s investment demonstrates the potential for growth and prosperity in Marion, as well as the opportunities for businesses to thrive in the community.
Key Terms/Jargon:
– Distribution center: A facility used for the storage and distribution of goods.
– Solid wood furniture: Furniture made entirely from real wood, as opposed to veneers or particleboard.
– Job development credits: Incentives provided to businesses by the government, usually in the form of tax credits, to encourage job creation.
– Rural Infrastructure Fund grant: Financial assistance given to improve infrastructure in rural areas.
Suggested Related Links:
– Maxwood Furniture website
– Marion County website