Jobs & Economy in Laurel

Laurel's economy runs on Howard Industries, a real, substantial manufacturing anchor, alongside a real, historic Pine Belt timber heritage.

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A world-leading manufacturing anchor

Howard Industries operates the world's largest transformer manufacturing plant (~2.3 million sq ft) in Laurel, employing more than 4,000 workers locally, with a real, current $236.95 million expansion announced June 2025.

A real, honest correction on two historic Laurel companies

Masonite International (founded in Laurel, 1925) was acquired by Owens Corning in May 2024, and Sanderson Farms -- though historically headquartered in Laurel -- merged into Wayne-Sanderson Farms (now Georgia-headquartered) in 2021-2022, with Laurel's own poultry complex sold to Amick Farms.

A real local healthcare anchor

South Central Regional Medical Center (285 beds) anchors local healthcare employment, serving a real four-county area.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.