Prior to 2015, Taft Construction Group (TCG) was known as Waterford Contracting.  It served as the vehicle for Taft Development Group to build commercial real estate in-house without the expense and loss of control associated with the use of a third party general contractor.  Beginning in 2015, what is known as Taft Construction Group began operating as a profit-generating entity for Taft Family Ventures under the direction of Tom Taft, Sr. serving as Chairman of the Board, Glenn Crum as President, and Thomas F. Taft, JrMike McCarty and Jonathan G. Taft serving as Vice Presidents.

Currently, TCG has built of over 1,500 residential units in both North Carolina and South Carolina, constructing projects valued at more than $300 million, all of which were completed on schedule and under budget.