Aug. 23. Clayton Supply will bring 263 jobs to a new facility in New London, east of Concord. Clayton Home Building Group’s project in Stanly County will support the growing market demand the company is seeing in the housing industry. The new facility represents a capital investment of $46.6 million,

The state’s Economic Investment Committee approved grants of up to $2 million over 12 years during which time the project is estimated to grow the state’s economy by $649 million.

Although wages will vary depending on the position, the average salary for the new positions will be $59,388. The current average wage in Stanly County is $41,612.