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Politics & Government
Thu March 7, 2013
MetLife Will Move 2,600 Jobs To North Carolina
The insurance giant MetLife will move 2600 jobs from six states to North Carolina as it seeks to consolidate its operations.
The company plans to make Charlotte its national headquarters for its retail business. Cary will become the company's global technology and operations hub.
"The campuses in Mecklenburg and Wake Counties will be multifaceted, bringing functions together to provide a rich work environment, as well as increased career opportunities for our associates from both wide and far," says executive vice president Marty Lippert.
"We're confident that the wide array of resources that the state affords MetLife will contribute significantly to our continuing success."
The company will receive tax breaks and other incentives that could be worth nearly $100 million. Company officials say they chose the Tar Heel state in part for its low cost of living. The jobs are expected to be filled by the end of 2015.