Building products maker Ply Gem Industries Inc. is relocating its corporate headquarters to Cary, N.C., from Kearney, Mo.
Ply Gem said it will invest about $2.5 milion in Cary and create about 100 jobs there.
Ply Gem did not disclose how many jobs will be lost in Kearney, but the company said it has no plans to shutter its manufacturing operations there.
Ply Gem's Kroy Building Products Inc. subsidiary already is based in Cary.
There is no official time frame for the move, but Ply Gem officials said the change will be made as soon as possible.
The relocation is a cost-cutting effort to consolidate the back-office duties of several Ply Gem-owned businesses, said Chief Financial Officer Shawn Poe in an Oct. 30 telephone interview.
``That's where we expect to gain some benefit,'' Poe said. ``It also puts us closer to, ultimately, our operations and the core of our customer base.''
The company specializes in exterior building products, such as vinyl siding, windows, patio doors and fence and railing. The products are marketed under brand names that include Alcoa Home Exteriors, Variform, Mastic, MW, Alenco, Patriot and Napco.
Ply Gem will receive $100,000 in financial assistance from the One North Carolina Fund, which the state uses to recruit companies and promote expansion, according to a news release from North Carolina Gov. Mike Easley's office.
Ply Gem is owned by New York private equity firm Caxton-Iseman Capital LLC, which bought the company in 2004.