2018 International Business

Page 1

I NTE RN AT I O N A L B US I NE S S With more than 245,000 foreign-born residents, the Charlotte MSA is a truly global hub. Charlotte offers exceptional non-stop air service, foreign trade zones and numerous nonprofit organizations focused on international businesses, foreign policy and global culture. Research Made Possible By:

• More than 1,000 internationally owned firms do business in the Charlotte Region, employing more than 66,000 in the area*

• Real exports from the Charlotte MSA accounted for $16.5 billion in 2016, according to the Brookings Institute

• 700 flights each day to more than 150 non-stop destinations including Barcelona, Dublin, Frankfurt, London, Madrid, Mexico City, Montreal, Munich, Paris, Rome, Toronto and several Caribbean destinations. Q2 2018

W W W.C H A R LOT T EC H A M B E R .CO M

*Source: Charlotte Chamber International Business Directory, 2018


I N TE RN AT I O N A L B US I NE S S E S Charlotte has seen steady and impressive growth in international business. The presence of internationally owned businesses in our area dates back to 1925 when Sandoz Corporation moved to Charlotte. Currently, there are more than 1,018 firms in the region, representing 45 different countries and employing 66,000 people. Charlotte offers a nurturing climate for regional, national and international companies of all sizes. The area’s high quality of life, reasonable cost of living, worldclass arts, major league sports and educational and advancement opportunities attract talented

people from around the globe. Our region's assets include exceptional air service, a foreign trade zone, transparent government and business practices and numerous nonprofit organizations that focus on international business, foreign policy and global culture. Charlotte is home to honorary consuls of Austria, Canada, France, Germany, Great Britain, Guatemala, Hungary, Ireland, Italy, Mexico, Moldova, Nicaragua and Switzerland.

A steady influx of new residents moving to Charlotte each year keeps the city’s business and social structure fresh and vibrant. Charlotte welcomes new leaders and encourages them to help shape and build its future. This is an easy city for making fresh starts and leaving a mark on a company or the community. Our business community is actively engaged in steering public policy, and many of Charlotte’s top leaders come directly from the corporate sector, making Charlotte one of the most business-focused cities in the United States.

I N T E R N AT I O N A L B U S I N E S S E S BY PA R E N T CO U N T RY COUNTRY OF PARENT COMPANY

REGIONAL EMPLOYMENT

COMPANIES

LOCATIONS

Germany

209

241

17,020

United Kingdom

118

163

6,585

Canada

101

119

5,384

THE CHARLOTTE

Japan

80

89

6,268

MSA INCREASED

France

57

67

4,304

Switzerland

57

67

3,395

Italy

51

52

2,242

The Netherlands

50

59

3,767

China

48

48

1,801

Sweden

38

49

3,161

Ireland

21

28

3,728

Australia

18

22

793

India

18

16

173

Belgium

15

15

365

Other

141

162

7,431

1,026

1,201

66,417

EXPORTS FROM

MORE THAN

238.4 % SINCE 20 09. Source: International Trade Administration

GRAND TOTAL

Sources: Charlotte Chamber Data

F O R A F U L L L I S T O F I N T E R N AT I O N A L B U S I N E S S E S , V I S I T


C H A R L O T T E I S L O C AT E D I N F O R E I G N T R A D E Z O N E # 5 7 , W H I C H O F F E R S PA R T I C I PAT I N G C O M PA N I E S A B I L I T Y T O D E F E R , R E D U C E O R E L I M I N AT E S O M E C U S T O M S D U T I E S Source: CharlotteUSA.com

ADVANTAG E S O F D OI N G BU SI N ESS I N C H ARLOTTE ACC E S S

TALENT

A F FORDABILITY

QUALITY OF L I FE

A central location on the

Charlotte’s companies

Comprehensive tax reform

Charlotte consistently ranks

rely on a talented, young

has brought North Carolina

high as a destination city

and growing workforce.

one of the lowest flat

for all ages. More than

The region’s 23 colleges

corporate tax rates at 3% in

33,000 newcomers arrive

and universities, plus 18

the nation as of 2017. North

in the Charlotte area each

community colleges and

Carolina regularly ranks high

year, drawn by career

vocational schools offer

in business friendliness.

opportunities, diverse living

U.S. East Coast and the fifth busiest global airport puts the world within Charlotte’s reach. 53% of the US population lives within 12-hours trucking distance or a two-hour flight, and with more than 700 daily nonstop flights to 150-plus

training for all types of skills

options and a cost of living

and occupations.

95.9 percent of the national

destinations, nowhere is too

average.

far away.

One of the largest global freight forwarders, Swiss-based Kuehne + Nagel has grown its presence in the Charlotte area from a small sales office in the 1970s to its current 75,000 square-foot facility and more than 180 employees. Kuehne + Nagel has more than 1,300 offices in more than 100 countries. The company’s Charlotte office takes advantage of our region's strategic location and growing business community by providing logistics and supply chain management services to several locally headquartered corporations.

C H A R L O T T E C H A M B E R . C O M / I N T E R N AT I O N A L B U S I N E S S .


INTERNATIONAL INFRAST RUCTURE IN THE CHARLOTTE REGION INFRASTRUCTURE

DUB

YYZ

LHR

FRA

YUL

CDG

MUC

ROM

HAV MEX

Research Made Possible By: H O N O R A R Y C O N S U L AT E S

Daily Daily nonstop nonstop flights flights to to international international cities cities such such as as Barcelona, Barcelona, Dublin, Dublin, Frankfurt, Frankfurt, London London,, Madrid, Madrid, Mexico Mexico City, City, Montreal, Montreal, Munich, Munich, Paris, Paris, Rome Rome and and Toronto, Toronto, as as well well as as several several Caribbean Caribbean destinations. destinations.

I N T E R N AT I O N A L F I R M S I N T H E C H A R L O T T E R E G I O N I N T E R N AT I O N A L F I R M S I N T H E C H A R L O T T E R E G I O N

• • • • • • • • • • • • •

Czech Republic Estonia France Germany Guatemala Hungary Ireland Italy Mexico Moldova Nicaragua Switzerland United Kingdom

I N T E R N AT I O N A L LY- F O C U S E D P R I VAT E S C H O O L S

• • • • • • • •

British Chinese German Greek Japanese Korean Russian Swedish

For additional information on Charlotte, please contact

W W W.C H A R LOT T EC H A M B E R .CO M

Eileen Cai VP, Economic Development, Asian Sector +1 704.378.1316 ecai@charlottechamber.com

Sven Gerzer VP, Economic Development, European & Indian Sectors +1 704.378.1310 sgerzer@charlottechamber.com


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