COLUMBIA, S.C. (AP) -- Colgate-Palmolive Co. is investing nearly $200 million to establish a new production facility in South Carolina's Greenwood County that will employ 300 workers.

Gov. Nikki Haley announced the decision Monday. Job applications will be accepted beginning in March and employment will ramp up as the plant begins operations near year.

Officials say the company will make liquid hand soap and deodorant at the facility that will be in an existing 525,000-square-foot building.

Officials say the facility in Hodges is Colgate-Palmolive's first in South Carolina.

The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.