CHARLOTTE – Honeywell plans to move its headquarters to Mecklenburg County, creating 750 jobs over the next six years, including 150 positions based in New Jersey.
The Fortune 100 firm will bring more than $248 million in investment by the end of 2023.
Charlotte and Mecklenburg County are supporting the investment through a Business Investment Program grant of $46 million over 15 years – the largest ever offered. The county estimates an additional $51 million in net revenue over the 15-year grant.
“Today we establish a new way of doing business that illustrates collaboration, promotes economic mobility and elevates our region,” Mayor Vi Lyles said.
Ella Scarborough, who chairs the county commissioners, said the county is proud to claim three Fortune 100 company headquarters relocations that have occurred over the past 18 years.
The project was a collaboration of several regional and state economic development and government partners.
Honeywell blends physical products with software for solutions that improve buildings, supply chains, utilities and aircraft.