To further elaborate on yesterday’s post, it is clear that the Charlotte, NC area is growing at an exponential rate. A strong reason besides climate and geography is ultimately employment opportunities. Many people would say October 17, 1992 was a real kickstart with the opening of Bank of America’s Corporate Center in Uptown Charlotte. It was, and remains the tallest building in North Carolina. There and the former Wachovia Corporate Center (prior to the buyout by Wells Fargo in 2008) became bustling banking centers for thousands of job seekers. It put Charlotte on the map as a financial district for the US.
Over the last two decades, numerous large corporations –many of which are Fortune 500 companies– have followed suit. From banking and retail to utilities and industrial materials, Greater Charlotte has seen an influx of Ribbon Cutting Ceremonies. The list below is a compilation of the Charlotte area’s Fortune 500 Headquarters, their revenues and ranks:
Many other well-known businesses such as Electrolux, Ameritrust, BB&T, Goodrich, Presbyterian Healthcare, Chiquita, NASCAR, Extended Stay Hotels, TIAA-CREF, Time Warner Cable, Belk, Harris Teeter, Meineke, Bojangles, Lending Tree, Food Lion, Coca-Cola Bottling Company, and Lance have begun or have relocated their corporate headquarters or some corporate operations to the Charlotte area as well (to name a few).
This list is of course just a glimpse at employment here and will continue to grow, making Charlotte and its suburbs a diverse and class-leading metropolitan area.
I will dedicate many future posts to the histories and current operations of some of the more prominent companies listed above.