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Scout Motors to Establish Corporate Headquarters in Charlotte, Bringing 1,200 Jobs
Scout Motors plans a $206.9 million investment to establish a 300,000-square-foot HQ with 1,200 jobs averaging $172,878 salary, boosting Mecklenburg County's economy.
- Governor Josh Stein said Scout Motors will create 1,200 jobs and invest $207 million to establish a headquarters in Plaza Midwood, Charlotte.
- The new headquarters will serve as a 200,000-square-foot hub for research and development, supporting Scout Motors' vehicle rollout, including the Scout Traveler SUV and Terra pickup truck.
- The state approved a Job Development Investment Grant that could reimburse Scout up to $46,524,750 over 12 years and moves up to $15.5 million into the Industrial Development Fund- Utility Account due to Mecklenburg County's Tier 3 status.
- Officials estimate the project will create new jobs averaging $172,878 annually, exceeding the Mecklenburg County average salary of $86,830, and could generate a potential annual payroll impact more than $207.4 million while growing the state economy by $4.8 billion.
- Gov. Stein added, 'This announcement is the result of a strong collaboration by company executives, state and local elected officials from both parties, and state, local, and nonprofit economic development professionals,' highlighting the project's partnership with Scout Motors Production Center, Central Piedmont Community College, UNC Charlotte, North Carolina A&T, and the Charlotte Regional Business Alliance.
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17 Articles
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Total News Sources17
Leaning Left2Leaning Right1Center7Last UpdatedBias Distribution70% Center
Bias Distribution
- 70% of the sources are Center
70% Center
L 20%
C 70%
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