Charlotte’s reputation as hub for businesses is well-earned. Recently, several businesses made major announcements about changes to their businesses in the Charlotte area.
Sealed Air, a Fortune 500 Corporation currently located in New Jersey, has announced that the company will be re-locating to North Carolina. The company estimates that over 1200 jobs will be created as part of the move to the southern United States. According to the company, workers will be needed in the customer service, legal and information technology areas among others. According to analysts, the average salary of employees hired would be over $100,000.
The Sealed Air Corporation has an operating budget of over $7.5 billion dollars and owns businesses in 60 plus countries all over the world. Over 25,000 people are employed by the company worldwide. The corporation owns companies involved in food packaging and processing, health care, retail, and logistic industries.
As a result of the move, over $528 million will be infused into the local economy in North Carolina and it is estimated that an additional 1,300 jobs will be created in the community as a result of this. The company also expects to receive more than $35 million in grants over a decade long period from the state as a result of all the jobs it will create.
Hitachi America also announced that it will open a facility in Charlotte as well. The facility will create five jobs initially, but the company is hopeful that more will follow.
Hitachi will be creating a facility to research and develop new types of specialized ink which will be used in the coming years. Hitachi sells ink products to businesses in the food, automotive, and pharmaceutical industries.
Red Ventures is another corporation with headquarters in Charlotte. The company has businesses involved in the educational, business, and financial services sectors and is considered to be one of the fastest growing privately held corporations in the United States. In addition to the offering services in education, business and finance, the company also has businesses involved in the satellite TV and home security areas. In 2014, the company closed it’s locations in Florida and Texas and moved 300 jobs to the Charlotte area.
