Innovative Construction Group Plans to Invest $39.8 Million, Create 157 Jobs in Chatham County
Innovative Construction Group, LLC, an off-site construction services company serving developers, general contractors, and professional builders, plans to establish a new manufacturing facility in Chatham County and the Town of Siler City. The company plans to make a capital investment of approximately $39.8 million which will create as many as 157 jobs over the next five years.
Innovative Construction Group (ICG) serves building professionals focused on single-family, multi-family, and commercial construction projects. The company provides design services, manufactures wall panels, roof trusses and floor systems, and offers on-site installation to provide a full frame shell construction process. The company’s new facility in Siler City will add to the company’s current manufacturing capacity. It will include opportunities for production and woodworking personnel as well as for logistics and maintenance roles.
Although wages will vary depending on the position, the average salary for the new positions in Chatham County will be $52,949. The current average wage in Chatham County is $50,302. These new jobs could create an annual payroll impact of more than $8.3 million for the region when the facility reaches full operations in 2029.