The insurance giant MetLife plans to add more than 2,600 high-paying jobs in Cary and Charlotte over the next three years after being awarded a state incentives package worth more than $94 million this morning. MetLife expects to invest $125.5 million as part of the project.
“We’re proud that a strong corporate partner like MetLife has decided to invest in North Carolina,” said Gov. Pat McCrory in a statement. “These jobs will complement our financial services sector in Charlotte and our high-tech hub in Wake County, two distinct sectors we want to expand.”
The state’s Economic Investment Committee approved an incentives package for the company at its meeting in Raleigh this morning. MetLife received a 12-year state Job Development Investment Grant worth as much as $87.3 million if it meets hiring and investment goals. MetLife also must retain the 143 employees it now has in Charlotte.
The company is also receiving millions in training credits and a $2 million grant from the One North Carolina fund. More here.