Clayton Supply to Create 263 Jobs in New North Carolina Facility

Why It Matters:

The expansion of Clayton Supply's capabilities in North Carolina signifies the company's response to the growing demand in the housing industry. The move also highlights the state's reputation for having a strong advanced manufacturing workforce and favorable business environment.

The Details:

• Clayton Home Building Group is a leading national home builder focused on affordable housing.

• The new facility in Stanly County will support the company's efforts to meet the increasing market demand.

• North Carolina is recognized as the top manufacturing state in the Southeast United States.

• The average salary for the new positions will be $59,388, contributing to economic growth in the region.

• The project received support from the North Carolina Department of Commerce and was facilitated by a Job Development Investment Grant (JDIG).

• The JDIG agreement authorizes potential reimbursement to Clayton Supply of up to $2,063,700 over 12 years, based on meeting job creation and investment targets.

• Clayton Supply's choice of Stanly County will also benefit economically challenged communities through the allocation of funds to the state's Industrial Development Fund - Utility Account.

Conclusion:

The establishment of Clayton Supply's new facility in Stanly County, North Carolina, demonstrates the state's attractiveness to manufacturers and its commitment to fostering economic growth. The project will not only provide job opportunities but also contribute to the overall prosperity of the region.