Allstate Insurance is expanding its operations in North Carolina by establishing a new office in the Charlotte area, potentially creating 2,250 new jobs for the region by 2020.
Currently, the company employs over 1,400 in the area and manages a sizable call center in Charlotte.
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A statement from NC Governor Roy Cooper’s office said that, as part of the expansion, Allstate plans to invest more than $22 million in the Charlotte area.
“Charlotte’s role as a leader in the financial services sector makes our state an excellent fit for Allstate,” the governor said. “North Carolina has so much to offer growing companies, including our celebrated universities and community colleges, highly skilled workforce, competitive business climate and outstanding quality of life.”
“Allstate has prospered in Charlotte and they’ve made the right decision to continue their expansion here,” added North Carolina Commerce Secretary Anthony M. Copeland. “We congratulate the company on this exciting time of growth and diversification.”
An executive from the company told Chicago Sun-Times that Allstate will build its new office in Mecklenburg County. The expansion is expected to begin in 2018.
“We’re grateful for the support and partnership with the state and the local business community,” said Allstate Insurance executive vice-president of Human Resources Harriet Harty. “We look forward to supporting the continued economic development in the Charlotte area as we take the operational steps needed to best serve our customers. We are deeply committed to the communities we serve and our employees across the country who are helping us build the Allstate of the future. We will continue our strong legacy of corporate citizenship as we expand our footprint in Charlotte.”
The Chicago Sun-Times reported that the expansion comes with up to $23 million in local and state incentives.
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