|Allstate Insurance Expands Charlotte Operations Center Creating 2,250 New Jobs|
|Published Wednesday, August 9, 2017 10:15 am|
Allstate Insurance Expands Charlotte Operations Center Creating 2,250 New Jobs
Charlotte, N.C. – North Carolina Governor Roy Cooper, North Carolina Commerce Secretary Tony Copeland and the Charlotte Chamber announced today that Allstate Insurance Company, the largest publicly-held property and casualty insurer in the U.S., will expand its operations center in Charlotte creating 2,250 jobs over three years. The company 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,” said Governor Cooper. “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.”
Founded in 1931, Allstate (NYSE: ALL) provides insurance services to more than 16 million households nationwide. The company’s major business is private passenger auto and homeowner’s insurance, but its product mix also includes retirement and investment products, accident and health insurance, business insurance and life insurance.
“We’re grateful for the support and partnership with the state and the local business community,” said Harriet Harty, executive vice president, Human Resources, Allstate Insurance Company. “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.”
Allstate will add a variety of job functions in Charlotte, delivering a yearly payroll impact of more than $105.3 million, once all positions are filled.
“Allstate’s decision to make such a significant investment in Charlotte is a testament to all that our city and region have to offer. The thousands of jobs created by this expansion and the hundreds of millions of dollars invested in our local economy will help drive further growth and opportunity for our community,” said Andrea Smith, Charlotte Chamber Chair and chief administrative officer, Bank of America.
The Charlotte Chamber would like to thank Gov. Roy Cooper, the North Carolina Department of Commerce, Economic Development Partnership of North Carolina, North Carolina General Assembly, North Carolina Community College System, Mecklenburg County, City of Charlotte, Charlotte City Center Partners, Charlotte Regional Partnership, UNC Charlotte, Charlotte Works, Central Piedmont Community College, Northeastern University Charlotte, Bank of America and Duke Energy.
Click here to read the North Carolina Department of Commerce release.
For More Information:
Allstate Insurance Company
Senior Corporate Relations Manager
VP Economic Development
Economic development is a team sport. The Charlotte Chamber works closely with and appreciates our strategic economic development allies at the Charlotte Center City Partners, Charlotte Regional Partnership, City of Charlotte, Economic Development Partnership of North Carolina, Lake Norman Economic Development Corporation, Mecklenburg County, North Carolina Department of Commerce and University City Partners in growing the Charlotte-Mecklenburg economy.
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