Ply Gem Industries, a Cary company that makes building products, announced Wednesday that it will expand its Columbus County operations and create 145 jobs over the next three years.
The company will invest $15 million in its facilities in Fair Bluff, about 130 miles south of Raleigh. It is eligible to receive a $150,000 grant from the One North Carolina Fund. The grant is contingent local governments making a matching grant and Ply Gem meeting its hiring and investment goals.
The average annual salaries for the new jobs will be $45,730, plus benefits. The Columbus County average is $31,605.
Ply Gem makes vinyl siding, vinyl windows and doors, and other products for home exteriors. The company's performance has approved as the nation's housing market has recovered.
Ply Gem generated $1.12 billion in sales last year, up 8.4 percent from 2011. Last week, the company revived its plans to raise up to $300 million in an initial public offering.
The company filed plans to go public in June 2010 but never followed through.
Ply Gem had 4,992 full-time employees at the end of December. The company employs more than 100 people in North Carolina.