Allstate Insurance Company will create 2,250 jobs in a Charlotte expansion project spanning three years, officials announced Wednesday – the second major local expansion by an insurance company in three months.
The insurer is expected to invest more than $22 million in the Charlotte area through the expansion of its operations center, officials said at the announcement at the Charlotte Chamber uptown. The move will add to the roughly 1,400 employees the insurer already has in Charlotte.
Earlier Wednesday, the state approved a roughly $23.7 million incentives package in exchange for the project. Prospective local matching incentives total almost $1.5 million, split between Mecklenburg County and the city of Charlotte, which the local governments will vote on soon.
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Posted by Arnaldo Rodgers on 10:30 am, With 0 Reads, Filed under Economy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry