Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

TTI Floor Care Plans Center of Excellence for Marketing and Innovation in Charlotte, North Carolina

08/25/2015
TTI Floor Care N.A., the marketer and manufacturer of the iconic Hoover, Dirt Devil and Oreck brands, will invest up to $5 million to locate its Center of Excellence for Marketing and Innovation in Charlotte, North Carolina. The company plans to create 200 jobs over the next two years in Mecklenburg County.

“Following an extensive evaluation process, we chose Charlotte because it provides access to talent with the critical consumer products expertise needed to fuel the growth of our iconic brands,” said Gary Scott, President of TTI Floor Care N.A. “We want to express our appreciation to Charlotte, Mecklenburg County and the state of North Carolina for supporting our expansion into the region.”

An award from the state’s Job Development Investment Grant program to TTI Floor Care helped make the project possible. Approved today by the Economic Investment Committee, the award may total as much as $3.7 million from 2016 through 2027 upon the creation of 200 jobs. Receipt of the award is based on state-certified proof of job creation and other performance requirements. JDIGs reimburse new and expanding companies a portion of the newly created tax-base stemming from their operations.

“North Carolina’s talent, global accessibility and competitive business costs are bringing 200 exciting career opportunities to Charlotte,” North Carolina Commerce Secretary John E. Skvarla, III said. “Today’s announcement is proof that our state remains a prime destination for 21st Century businesses.”

“We welcome TTI Floor Care and its storied brands to our state,” said Governor Pat McCrory. “North Carolina, and specifically the Charlotte metro region, is a prime location for consumer products companies like TTI Floor Care to be successful.”

Exclusive Research