Electrolux is planning a massive expansion in the Charlotte area, one that is expected to bring over 800 jobs in the next four years. North Carolina Governor Pat McCrory and Commerce Secretary Sharon Decker announced on Friday that the appliance manufacturer will invest over $85 million in a Mecklenburg County location.
The new facility will be home to much of the company’s research and development activities as well as marketing, design, engineering, supply chain, finance, IT and executive management. The average annual compensation for the new positions are expected to be approximately $100,000 plus benefits, nearly twice the average annual wage in Mecklenburg County.
“We’re proud to partner with Electrolux to help them bring more high-paying STEM jobs to North Carolina,” Governor McCrory said. “This announcement helps solidify our position as a state with a skilled workforce and strong business climate, and a place where global companies operate their North American headquarters with much success.”
The expansion will run adjacent to the company’s current North American Headquarters, which came to Charlotte in 2010. The company currently employs nearly 1,500 workers in North Carolina, over half of which work in Charlotte. The rest are employed in Kinston and Asheville.
“Electrolux is committed to bringing innovative solutions to consumers and advanced manufacturing,” said Jack Truong, president and CEO of Electrolux Major Appliances North America. "As a leader in appliance R&D, innovation and beautiful design, we’re excited about what this new expansion means for the future of our business and that our continued investment in Charlotte will help bring jobs and drive economic growth.”