Homanit, a leading German producer of wood-based panels, has announced plans to invest $250 million in a new manufacturing facility in Clarendon County, South Carolina — its first operation in the United States. The facility will be built on a 140-acre site near the rural community of Alcolu, just off Interstate 95, and is expected to create 300 new jobs when it opens in 2028. The plant will manufacture high-precision wood fiber panels used in furniture, interior doors, and the automotive industry — products that are increasingly in demand across the U.S. The investment comes at a ...