RALEIGH – Clayton Supply, part of home building firm Clayton, is expanding its presence in North Carolina and increasing its N.C. workforce by 25% under terms of an economic incentive deal signed with the state on Tuesday.

Clayton builds and sells what it calls traditional site-built homes and off-site built homes.

A current operation in Stanly County will be expanded in a $46 million investment with 263 new jobs to be created by 2027, according to the agreement approved by the Department of Commerce’s Economic Investment Committee.

Clayton already has just over 1,000 workers at multiple locations in North Carolina, including 92 in Stanly county which is just east of Charlotte.

“Manufacturers trust North Carolina because they know we’ve earned our reputation for having the best advanced manufacturing workforce in the nation,” said Governor Roy Cooper in a statement after the deal was struck. “From our central, east coast location that makes it easy to reach customers, to our world-class transportation infrastructure and workforce training systems, North Carolina offers everything these companies need to succeed.”

Jobs will pay on average nearly $60,000, the Department of Commerce noted. The average Stanly County wage is some $41,000.

If job and investment targets are met the company could receive nearly $3 million in state tax incentives, rebates, grants and community college training. Some $2 million in incentives from local governments also could be paid to Clayton.

The company considered sites in Colorado and Texas for the expansion, Commerce noted.