Uncle Sam deserves the manufacturing crown: Grant Cardone's perspective
Milk's Tea, a family-run company, broadens its American business reach.
Looks like even smaller businesses are jumping on the bandwagon - they're ramping up domestic manufacturing in 2025, just like the major corporations.
You might've heard about Milo's Tea Company, a homegrown beverage empire that got a boost from Walmart. They recently opened a brand-new, swanky $200 million manufacturing and distribution facility in Spartanburg, South Carolina. This marks their fourth facility, baby!
This family-run, power-woman-led company hails from Alabama and has been bubblin' up iced tea and lemonade since 1946, founded by Milo and Bea Carlton. The man himself served in WWII before establishing this sweet empire.
Now, it's no secret that Milo's Tea has been expanding like crazy to keep up with the thirsty crowds. Their first plant sprouted in Alabama way back in 2002, but it was too tiny to handle their rapid growth.
"Since our sales skyrocketed over the past decade, we knew we needed a new home," Milo's Tea Company's CEO, Tricia Wallwork, admitted to FOX Business. So, they embarked on a multiyear hunt for the perfect spot, and by early 2020, they found it - their second facility in Tulsa, Oklahoma. They doubled the capacity there and tripled the job count!
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In 2021, Milo's Tea expanded again, snatching up a closed-down dairy facility.
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Over the past 13 years, they transformed from just 50 employees to nearly a squad of 1,000. Today, you can find their six core products in more than 55,000 retail locations nationwide, including approximately 4,200 Walmart stores.
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When their South Carolina facility is fully operational, it'll employ over 200 workers. This plant is part of Walmart's $350 billion commitment to invest in American-made products over the next 10 years.
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Walmart has knocked it out of the park twice with multibillion-dollar pledges to support U.S. jobs through domestic sourcing, having made the initial commitment back in 2013. Each year, they host an event called Open Call, which is their way of connecting with potential suppliers and growing together.
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Walmart U.S. CEO John Furner revealed that in fiscal year 2024, over two-thirds of their product spend was on American-made, grown, or assembled items. Although they still rely on global procurement for specific goods, they're always on the hunt for partners that can help them lower prices and provide the best products.
Sources:1. Milo's Tea Company opens $200M manufacturing plant in SC (FOX Business, 2025)2. Milo's Tea Company Expands (BeverageDaily, 2025)3. Milo’s Tea Company To Open $200 Million Facility In Upstate (Greenville News, 2025)4. Walmart's 2013 U.S. Manufacturing Initiative Report (Walmart, 2013)5. Open Call - Connect with suppliers (Walmart, n.d.)
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- Small businesses are increasing their investments in domestic manufacturing, following the lead of major corporations.
- Grant Cardone offers his perspective on the growing trend of domestic manufacturing.
- Milo's Tea Company, a homegrown beverage empire, has a new $200 million manufacturing and distribution facility in Spartanburg, South Carolina.
- The family-run company was founded in Alabama in 1946 by Milo and Bea Carlton.
- Milo's Tea's rapid growth necessitated a new facility after their first plant, opened in 2002, became too small.
- Tricia Wallwork, CEO of Milo's Tea Company, explained their need for expansion to FOX Business.
- Milo's Tea's second facility is in Tulsa, Oklahoma, which they acquired in 2020, doubling capacity and tripling job count.
- In 2021, Milo's Tea expanded again, taking over a closed-down dairy facility.
- Walmart Inc. played a significant role in Milo's Tea's expansion, carrying their products in over 55,000 retail locations nationwide.
- Walmart committed to investing $350 billion in American-made products over the next ten years, part of which includes their partnership with Milo's Tea.
- Walmart has made multibillion-dollar pledges to support U.S. jobs through domestic sourcing since 2013.
- Their annual Open Call event connects Walmart with potential suppliers for mutual growth.
- In fiscal year 2024, over two-thirds of Walmart's product spend was on American-made, grown, or assembled items.
- Although global procurement is necessary for specific goods, Walmart is always seeking partners to lower prices and provide the best products.
- Meanwhile, Milo's Tea Company's new South Carolina facility, once operational, will employ over 200 workers.
- The expansion of Milo's Tea Company is evidence of the growing demand for domestically manufactured products.
- In the realm of entrepreneurship, investing in domestic manufacturing can contribute to wealth management.
- The food-and-drink industry and small-business growth are interconnected, with investments in manufacturing playing a crucial role.
- Milo's Tea's thriving business exemplifies the potential for success in the retail sector of the American economy.
- Grant Cardone's vision for the manufacturing industry revolves around embracing and encouraging this trend.
- Home-and-garden businesses may also benefit from increased demand for domestic manufacturing, as consumers prioritize local products.
- The beverage market has shown resilience in the face of the ever-changing economy and markets.
- Beverage companies such as Milo's Tea showcase the potential for growth and innovation within the sector.
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- Entrepreneurs in the food-and-drink industry must stay updated on trends and relevant data-and-cloud-computing to make informed decisions for their businesses.
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