Clayton Supply will Create 263 new Jobs for North Carolina

Clayton Supply, a part of Clayton Home Building Group, will establish a new facility in New London, Stanly County, creating 263 jobs.

Why It Matters:

The expansion of Clayton Supply's capabilities in North Carolina signifies the growing market demand in the housing industry and highlights the state's reputation for having the best-advanced manufacturing workforce in the nation.

The Details:

• Clayton Supply, part of Clayton Home Building Group, will create 263 jobs in a new facility in New London, Stanly County.

• The project aims to support the growing market demand in the housing industry.

• North Carolina's central, east coast location, world-class transportation infrastructure, and skilled workforce make it an attractive location for manufacturers.

• The average salary for the new positions will be $59,388, higher than the current average wage in Stanly County.

• The project is estimated to contribute $649 million to the state's economy over a 12-year period.

• The state's support for the project was facilitated by a Job Development Investment Grant (JDIG).

• Clayton Supply's choice of location in Stanly County will result in additional funds being allocated to the state's Industrial Development Fund - Utility Account, benefiting rural communities.

Conclusion:

The establishment of Clayton Supply's new facility in Stanly County will bring economic growth, job opportunities, and increased prosperity to the region. The project highlights the state's commitment to supporting manufacturers and its ability to attract investments in the housing industry.