In a city with a 12 percent unemployment rate, the best Christmas present anyone could offer is jobs, and a company many associate with vacuum cleaners is playing Santa Claus.
Electrolux CEO Kevin Scott announced Wednesday that the company is moving its North American headquarters to Charlotte, bringing 738 jobs.
The jobs will come over time, with a first wave led by Scott and his senior staff beginning next summer.
“We’re doing the work now to that first wave to understand our organizational needs and make the decisions around who will be coming and which jobs will be staffed, “ Scott said.
Eventually, all front office jobs will be moved to Charlotte, including finance support from Columbus, Ohio, sales jobs from Pittsburgh and accounts payable operations from Springfield, Tenn.
Electrolux hasn’t revealed how many of those workers will move here as opposed to local workers being hired, but either way, Charlotte Chamber of Commerce President Bob Morgan said the economic impact will be big.
“This is the largest corporate headquarters relocation since Royal Insurance in 1984. It’s huge,” he said.
The unsung hero in the deal may be Charlotte’s airport, with hundreds of flights and expanding international service. Scott said it was a deal maker for the company.
Electrolux is a global leader in household appliances, selling more than 40 million products to customers in more than 150 markets worldwide each year.
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