Loloi, Inc., a company specializing in textiles, will build a distribution facility of over 1 million square feet in Ennis, Texas. The project is expected to create more than 380 jobs and bring $20 million in capital investment as part of the company’s plan to develop its distribution headquarters. The state has awarded Loloi a Texas Enterprise Fund (TEF) grant totaling $2,451,000 and offered an additional $45,000 Veteran Created Job Bonus.
Governor Greg Abbott commented on the announcement: “Texas is where the crossroads of hard work and opportunity lead to success. This $20 million investment by Loloi in Ennis just south of Dallas will create hundreds of good-paying jobs for hardworking Texans. With robust infrastructure and transportation networks providing easy access to key markets, Texas offers unmatched operating advantages for companies looking to expand. There truly is no better place than Texas to live, work, build a business, and raise a family.”
Loloi was founded in Dallas in 2003 and operates as a family-owned wholesale producer and distributor of designer rugs, pillows, throws, and other home furnishings.
“Texas has been our home since we started Loloi more than 20 years ago, and the state continues to provide opportunities to grow,” said Amir Loloi, Founder and President of Loloi. “This new facility in Ennis will allow us to add more jobs and create a world-class facility that we are proud of.”
Ennis Mayor Kameron Raburn stated: “The City of Ennis is honored to welcome Loloi, Inc. as they expand their operations here in our community. This investment, made possible through the support of the Texas Enterprise Fund, represents not only new jobs and economic growth for our city but also a strong vote of confidence in the talented workforce and vibrant business climate we’ve built in Ennis. We are grateful for Governor Abbott’s leadership and the partnership of the Texas Economic Development & Tourism Office in helping bring this opportunity to fruition.”
Miriam Castillo, Director at Ennis Economic Development Corporation added: “This announcement reflects the cumulative work that has gone into creating opportunity in Ennis through partnerships and long-term vision. Loloi’s footprint and associated investment mark a meaningful expansion of our region’s industrial base.”
The TEF is designed as a performance-based grant program intended to encourage businesses considering relocation or expansion projects within Texas when competing with out-of-state sites.
According to information from the official website, Governor Greg Abbott’s office has contributed significantly to job growth across Texas while focusing on economic opportunities such as this recent development with Loloi. The governor’s office operates from Austin at the State Insurance Building and plays an active role within the executive branch overseeing statewide initiatives related to employment growth.
Governor Abbott has led these efforts since his election in 2014 (source), advancing policies aimed at increasing job creation across various sectors including manufacturing and distribution.
