Chiquita Brands Bringing 375 Jobs to New Headquarters in Charlotte, NC
12/01/2011
Chiquita is the leading distributor of bananas in America; the fruit makes up 60 percent of the firm's total sales. Its products are sold in almost 70 nations, but mostly in North America and Europe.
"Charlotte provided the most compelling economic offer and the region is an attractive community for our employees," said Chiquita CEO Fernando Aguirre. "Importantly, the Charlotte airport provides improved access to international markets, customers and Chiquita operations around the world."
It's been reported that about 80 of the jobs will be transferred from the Queen City. The average wage is expected to be about $106,000 (plus benefits); the annual average wage in Mecklenburg County is $51,584.
Chiquita has accepted a $22 million tax incentives package from North Carolina. It includes a grant of up to $2.5 million from the One North Carolina Fund, and a Job Development Investment Grant which could yield up to $16.1 million if performance targets are met.
"It's disappointing for your city and it's a loss income tax wise as well," said Cincinnati Councilman Chris Bortz. "Folks at that income level are members of boards and contribute to [the] arts. This will be a significant loss. Those people will sell their homes and put pressure on the real estate market."
Project Announcements
Textile Manufacture 23 Farrar Street Relocates-Plans Lynn, Massachusetts, Operations
03/28/2023
Canada-Based Epsilon Industries Plans Tuscaloosa, Alabama, Prefabricated Modular Utility Systems Plant
03/28/2023
Korea-Based LG Energy Solution Plans Queen Creek, Arizona, EV Battery Manufacturing Plant
03/28/2023
France-Based CMG CleanTech Plans Osceola County, Florida, Renewable Energy Technology Manufacturing Park
03/28/2023
France-Based TIME Bicycles Plans Spartanburg County, South Carolina, Carbon Fiber Bicycle Factory
03/27/2023
Hanwha Advanced Materials Plans Cartersville, Georgia, Manufacturing Plant
03/27/2023
Most Read
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023