Area Development
Capgemini, a French consulting and IT firm with headquarters in Paris, has selected Charlotte, North Carolina, for a new delivery center office. The expansion will create 550 jobs and represents a $4.2 million investment. The state is supporting Capgemini with a Job Development Investment Grant.

"Capgemini continues to focus on expanding our presence in the U.S., and the opening of this delivery center in Charlotte is a major milestone in this ongoing effort," said Roy Stansbury, managing director, Capgemini, Financial Services North America. "Establishing our presence in North Carolina was a clear choice due to the state's strong talent pool, growing recognition as a financial services hub, and close proximity to many of our key clients. We look forward to partnering with Governor Perdue and the state municipalities to make a real impact on the local economy for the long-term and fuel our clients' ongoing success."

The incentive stipulates that the company can receive a grant worth 65 percent of the state personal income withholding taxes from the creation of new jobs for each of five years that the company meets annual performance targets.

The state's Industrial Development Fund may also extend Capgemini $1.3 million towards infrastructure improvements.