A Canadian-based company will bring 100 jobs to Bryan County with the opening of a distribution center in the Interstate Centre II industrial park, according to the Development Authority of Bryan County.
Dorel Home Furnishings Inc. has located in a 600,000-square-foot building at the location in Black Creek at I-16 and U.S. 280. Anna Chafin, development authority CEO, said the company will be up and running in October.
“DHF chose to locate the company’s East Coast distribution operations in the Savannah area due in part to the Port of Savannah,” said Barry Warren, DHF’s chief operating officer. “Our location in Interstate Centre II in Bryan County will allow us to be more efficient and to expand our distribution footprint.”
Dorel Industries Inc., of which DHF is a segment, was established in 1962 and is headquartered in Quebec. The company employs more than 10,000 people in facilities located in 25 countries and has U.S. sales of $2.7 billion annually. DHF’s product portfolio includes such brands as Ameriwood, Dorel Home Products, Signature Sleep, Dorel Living and Cosco Products among others.
“DHF’s decision to locate in Bryan County and the 100 jobs associated with the facility are very exciting and are another testament to the DABC’s commitment to expand industry and employment in Bryan County,” said Development Authority Chairman Derrick Smith. “We are very happy to have them and are looking forward to cultivating a strong relationship with Bryan County’s newest industry.”
Dorel, which trades on the Toronto Stock Exchange, closed Monday at $37.54. Its 52-week high is $38.70 and the 52-week low was $25.88. It will pay a dividend of 30 cents per share on Thursday for stocks held as of Aug. 18. More information about the company can be found at http://www.dorel.com/eng/corporate-profile.