Financial Services Company Invests $11.5M in Charlotte, Adding 200 Jobs
2 reports, 1 independent
Updated Fri 00:00
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What happened
The Clearing House Payments Company L.L.C. announced plans to invest $11.5 million in a new office in Charlotte, Mecklenburg County. This project will create 200 jobs, with workers expected to earn an average of $162,322 annually. The North Carolina Department of Commerce approved a Job Development Investment Grant for the project, which allows the state to repay the company up to $2.43 million over 12 years.
From v1019.com
Why it matters
The investment provides significant local economic stimulus, adding over $32.4 million to Mecklenburg County's yearly payroll. The deal also directs $810,000 into the state's Industrial Development Fund – Utility Account, supporting rural town infrastructure upgrades.
From v1019.com
Who's involved
- CharlotteLocation receiving the major investment and job creation.