Charlotte, North Carolina, United States

Economy | Largest Employers

🇺🇸 Charlotte is the most populous city in the U.S. state of North Carolina. Located in the Piedmont region, it is the county seat of Mecklenburg County. The city is the cultural, economic, and transportation centre of the Charlotte metropolitan area. The Charlotte metropolitan area is part of a sixteen-county market region or combined statistical area.

Recently Charlotte was ranked as the country's fastest-growing metro area, and tops the U.S. in millennial population growth. It is the third-fastest-growing major city in the United States.

Charlotte is home to the corporate headquarters of Bank of America, Truist Financial, and the east coast headquarters of Wells Fargo, which along with other financial institutions has made it the second-largest banking centre in the United States.

Among Charlotte's many notable attractions, some of the most popular include the Carolina Panthers (NFL), the Charlotte Hornets (NBA), the Coca-Cola 600, the Wells Fargo Championship, the NASCAR Hall of Fame, the Charlotte Ballet, Children's Theatre of Charlotte, Carowinds amusement park, and the U.S. National Whitewater Center.

Charlotte has a humid subtropical climate. It is located several miles east of the Catawba River and south-east of Lake Norman, the largest man-made lake in North Carolina. Lake Wylie and Mountain Island Lake are two smaller man-made lakes located near the city.

Economy Charlotte is the second-largest banking centre in the United States. The nation's second largest financial institution by total assets, Bank of America, calls the city home. It is also home to the nation's sixth largest financial institution, Truist, formed from the merger of BB&T and SunTrust in 2019. Charlotte is the regional headquarters for East Coast operations of Wells Fargo. Charlotte also serves as the headquarters for Wells Fargo's capital markets activities including sales and trading, equity research, and investment banking. Bank of America's headquarters, along with other regional banking and financial services companies, are located primarily in the Uptown central business district. Microsoft and Centene Corporation also operate their East Coast headquarters in Charlotte. In 2018, Honeywell moved its corporate headquarters to Charlotte. In 2019, Dole Food Company relocated its headquarters to Charlotte from California, and expanded its presence in Charlotte with its merger with Ireland-based Total Produce in February 2021. In May 2021, it was announced that Charlotte would become the East Coast headquarters of Credit Karma.

As of 2019, Charlotte has seven Fortune 500 companies in its metropolitan area. Listed in order of their rank, they are: Bank of America, Honeywell, Nucor, Lowe's, Duke Energy, Sonic Automotive and Brighthouse Financial. The Charlotte area includes a diverse range of businesses, including foodstuffs such as Harris Teeter, Snyder's-Lance, Carolina Foods Inc, Bojangles', Food Lion, Compass Group USA, and Coca-Cola Bottling Co. Consolidated (Charlotte being the nation's second largest Coca-Cola bottler); packaging company Sealed Air, financial services company Dixon Hughes Goodman, online leading marketplace Lending Tree, chemical company Albemarle Corporation, door and window maker JELD-WEN, motor and transportation companies such as RSC Brands, Continental Tire the Americas, LLC., Meineke Car Care Centers, Carlisle Companies (along with several other services); retail companies Belk, Cato Corporation and Rack Room Shoes, along with a wide array of other businesses.

Charlotte is the major centre of the U.S. motorsports industry, housing the US's only Formula One team, Haas F1, multiple teams and offices of NASCAR, the NASCAR Hall of Fame, and Charlotte Motor Speedway in Concord. Approximately 75% of the NASCAR industry's race teams, employees and drivers are based nearby. The large presence of the racing technology industry and the newly built NHRA dragstrip, zMAX Dragway at Concord, are influencing other top professional drag racers to move their shops to Charlotte as well.

The Charlotte Region has a major base of energy-oriented organizations and has become known as "Charlotte USA – The New Energy Capital". In the region there are more than 240 companies directly tied to the energy sector, collectively employing more than 26,400. Since 2007 more than 4,000 energy sector jobs have been announced. Major energy players in Charlotte include AREVA, Duke Energy, Electric Power Research Institute, Fluor, Metso Power, Piedmont Natural Gas, Albemarle Corp, Siemens Energy, Shaw Group, Toshiba, URS Corp., and Westinghouse. The University of North Carolina at Charlotte has a reputation in energy education and research, and its Energy Production and Infrastructure Center (EPIC) trains energy engineers and conducts research. Over the last couple of years, Charlotte has become a hub in the Information technology (IT) industry.

The area is an increasingly growing trucking and freight transportation hub for the East Coast. The Charlotte Center city has seen remarkable growth over the last decade. Numerous residential units continue to be built uptown, including over 20 skyscrapers under construction, recently completed, or in the planning stage. Many new restaurants, bars and clubs now operate in the Uptown area. Several projects are transforming the Midtown Charlotte/Elizabeth area.

In 2013, Forbes named Charlotte among its list of Best Places for Business and Careers. Charlotte was listed as the 20th largest city in the US, and the 60th fastest growing city in the US between 2000 and 2008.

Largest Employers Among the largest employers headquartered in Charlotte are: 1. Atrium Health, Health Care and Social Assistance; 2. Charlotte-Mecklenburg, Schools Educational Services; 3. Bank of America, Finance and Insurance; 4. Duke Energy, Utilities; 5. City of Charlotte, Public Administration; 6. Mecklenburg County Government, Public Administration; 7. Carowinds, Arts, Entertainment and Recreation; 8. University of North Carolina at Charlotte, Educational Services; 9. Central Piedmont Community College, Educational Services; 10. Belk, Retail Trade; 11. Bojangles' Famous Chicken 'n Biscuits, Accommodation and Food Services; 12. Carolina Restaurant Group, Accommodation and Food Services; 13. Hendrick Automotive Group, Retail Trade; 14. Sealed Air, Manufacturing; 15. Snyder's-Lance, Manufacturing; 16. Coca-Cola Bottling Co. Consolidated, Manufacturing; 17. Charlotte Pipe & Foundry Co., Manufacturing; 18. U.S. National Whitewater Center, Arts, Entertainment and Recreation; 18. AvidXChange Inc., Professional Services; 20. OrthoCarolina, Health Care and Social Assistance.

Charlotte, North Carolina, United States 
<b>Charlotte, North Carolina, United States</b>
Image: Adobe Stock espiegle #232405579

Charlotte is rated Gamma + by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Gamma level cities are cities that link smaller economic regions into the world economy.

Charlotte is ranked #45 and rated C by the Global Urban Competitiveness Report (GUCR) which evaluates and ranks world cities in the context of economic competitiveness. C cities are international gateway cities. Charlotte was ranked #467 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Charlotte has a population of over 874,579 people. Charlotte also forms the centre of the wider Charlotte metropolitan area which has a population of over 2,846,550 people. Charlotte is the #141 hipster city in the world, with a hipster score of 3.9871 according to the Hipster Index which evaluates and ranks the major cities of the world according to the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques, and record stores. Charlotte is ranked #58 for startups with a score of 7.517.

To set up a UBI Lab for Charlotte see: https://www.ubilabnetwork.org Twitter: https://twitter.com/UBILabNetwork

Twin Towns - Sister Cities Charlotte has links with:

🇨🇳 Baoding, China 🇮🇹 Brindisi, Italy 🇮🇱 Hadera, Israel 🇩🇪 Krefeld, Germany 🇬🇭 Kumasi, Ghana 🇫🇷 Limoges, France 🇧🇷 Manaus, Brazil 🇷🇺 Voronezh, Russia 🇵🇱 Wrocław, Poland
Text Atribution: Wikipedia Text under CC-BY-SA license | GaWC | GUCR | Hipster Index | Nomad | StartupBlink

Antipodal to Charlotte is: 99.162,-35.223

Locations Near: Charlotte -80.838,35.2229

🇺🇸 Huntersville -80.869,35.401 d: 20  

🇺🇸 Concord -80.614,35.416 d: 29.5  

🇺🇸 Rock Hill -81.017,34.933 d: 36.1  

🇺🇸 Gastonia -81.183,35.233 d: 31.4  

🇺🇸 Mooresville -80.817,35.583 d: 40.1  

🇺🇸 Union County -80.531,34.988 d: 38.2  

🇺🇸 Monroe -80.533,34.983 d: 38.4  

🇺🇸 Lincolnton -81.255,35.472 d: 46.8  

🇺🇸 Statesville -80.867,35.783 d: 62.4  

🇺🇸 Salisbury -80.467,35.667 d: 59.7  

Antipodal to: Charlotte 99.162,-35.223

🇦🇺 Bunbury 115.637,-33.327 d: 18488.5  

🇦🇺 Mandurah 115.721,-32.529 d: 18459.3  

🇦🇺 Rockingham 115.717,-32.267 d: 18451.5  

🇦🇺 City of Cockburn 115.833,-32.167 d: 18437.8  

🇦🇺 Vincent 115.834,-31.936 d: 18430.1  

🇦🇺 Wanneroo 115.803,-31.747 d: 18426.3  

🇦🇺 Perth 115.857,-31.953 d: 18428.6  

🇦🇺 Guildford 115.973,-31.9 d: 18416.4  

🇦🇺 Midland 116.01,-31.888 d: 18412.6  

🇦🇺 Albany 117.867,-35.017 d: 18316.2  

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