People keep moving to the Charlotte Region. As the fifth-fastest growing city in the United States, Charlotte continues to attract professional and technical talent. Businesses from throughout the country are making the move, too. Three Fortune 1000 companies across the Manufacturing (Honeywell), Finance (BBT/SunTrust merger) and Medical (Dentsply Sirona) industries have announced plans to move to the Charlotte Region Since November 2018. With nearly 45,000 people employed directly in headquarters, that’s more than twice the national average concentration of headquarters talent in the region. A growing professional services and administrative support sector – including law firms, consultants, accountants - offers headquarters operations all the necessary support services. World-class cultural amenities – from NFL and NBA sports to Broadway shows and outdoor amenities – complete an ideal environment to live, work and play.
Q3 2019
THE CHARLOTTE REGION HAS 2X THE NATIONAL AVERAGE OF PEOPLE WORKING IN HEADQUARTERS OPERATIONS. Source: U.S. Bureau of Labor Statistics via EMSI
HEADQUARTERS WITH MORE THAN 1,000 EMPLOYEES
Charlotte, Mecklenburg County Health Care
Charlotte, Mecklenburg County Finance Insurance
COMPANY
HEADQUARTERS CITY
HEADQUARTERS COUNTY
INDUSTRY
Duke Energy Corp
Charlotte
Mecklenburg
Energy
Lowe's Companies Inc
Mooresville
Iredell
Retail
Red Ventures LP
Fort Mill
Lancaster
Professional Services
Ingersoll Rand Co Ltd
Davidson
Mecklenburg
Manufacturing
Lash Group
Fort Mill
York
Professional Services
CommScope Inc
Hickory
Catawba
Information
Food Lion, LLC
Salisbury
Rowan
Retail
ATI Specialty Materials
Monroe
Union
Manufacturing
Schaeffler Group USA Inc
Fort Mill
York
Manufacturing
Sealed Air Corp
Charlotte
Mecklenburg
Manufacturing
Coca-Cola Bottling Co Consolidated
Charlotte
Mecklenburg
Manufacturing
Compass Group North America
Charlotte
Mecklenburg
Accommodations and Food Service
AvidXchange Inc
Charlotte
Mecklenburg
Finance and Insurance
Belk Inc
Charlotte
Mecklenburg
Retail
Movement Mortgage
Fort Mill
Lancaster
Finance and Insurance Sources: Charlotte Regional Business Alliance Research, BusinessWise, 2019
CHARLOTTE’S PROFESSIONAL SERVICES SECTOR HAS GROWN BY MORE THAN 92% SINCE 2001 Source: U.S. Bureau of Labor Statistics via EMSI
17
30
17 Fortune 1000 headquarters located or announced in the Charlotte Region
30 Higher education institutions in the Charlotte Region producing more than 26,600 certificates and degrees annually.
2.5
%
2.5% - one of the lowest flat corporate tax rates in the nation helps North Carolina regularly rank high in business friendliness.
97
97 people move to the Charlotte region every day, drawn by career opportunities, diverse living options and a cost of living 98.2 percent of the national average.
IN A SPAN OF 7 MONTHS, THREE FORTUNE 1000 COMPANIES HAVE ANNOUNCED THEY WILL RELOCATE THEIR HEADQUARTERS TO THE CHARLOTTE REGION.
HEADQUARTERS TALENT POOL OCCUPATION CATEGORY
TOTAL JOBS
AVERAGE ANNUAL EARNINGS
FIVE-YEAR GROWTH RATE
Core High-Tech Talent
52,897
$95,014
34%
Tech-Savvy Analytical Talent
32,389
$86,362
40%
Management Occupations
79,195
$121,306
25%
Business and Financial Operations Occupations
86,642
$80,621
27%
Legal Occupations
9,863
$98,384
11% Source: Bureau of Labor Statistics via EMSI, 2019
MORE THAN 3,900 BUSINESS-RELATED CERTIFICATES AND DEGREES ARE AWARDED IN THE CHARLOTTE REGION EVERY YEAR, INCLUDING NEARLY 600 MBAS. Source: National Center for Education Statistics via EMSI, 2019
RECENT HEADQUARTERS RELOCATIONS TO THE CHARLOTTE REGION
1 5 3
8
2
7
6
4
1
2
3
4
2012 • Oregon
2013 • Iowa
2014 • New Jersey
2015 • Louisiana
5
6
7
8
2017 • New York
2018 • Tennessee
2018 • New Jersey
2019 • Pennsylvania
330 S. Tryon Street • Charlotte, NC 28202 • 704.378.1300 • www.charlotteregion.com